AIMS Education, UK's video: Gharar in Islamic Banking - Meaning Definition Types and Example AIMS UK

Free Lecture on Gharar in Islamic Banking and for more lectures: https://aims.education/what-is-gharar-in-islamic-banking/ Gharar is an Arabic term that refers to uncertainty or risk. In the context of Islamic finance, Gharar is often used to describe financial contracts or transactions that involve a high degree of uncertainty or risk. For example, a contract that involves the sale of a product that has not yet been produced would be considered to be Gharar. Similarly, a contract that involves the sale of a product that is not yet known would also be considered to be gharar. Institute of Islamic Banking and Finance https://aims.education/islamic-banking-and-finance-institute/ Certified Islamic Banker (CIB) https://aims.education/islamic-banking-certification-courses/ Certified Islamic Finance Expert (CIFE) https://aims.education/islamic-finance-certification-courses/ Master Diploma in Islamic Finance (MDIF) https://aims.education/diploma-in-islamic-banking-and-finance/ MBA in Islamic Banking and Finance https://aims.education/islamic-banking-and-finance-mba-masters-degree/ PhD Islamic Finance https://aims.education/phd-islamic-finance-and-banking/