The semi-annual review report of the State Bank of Pakistan, published on 18 September 2023, revealed that the profit of the banks was 126 billion rupees in the first half of previous year. It has increased to more than double, to 284 billion rupees in the first half of this year. The main reason for […]
Question from Walid Elmi Our sheikh, is the bank selling what it does not own forbidden to the bank or to the buyer? Question from Wafaa Muhtasib If the merchant, does not have the goods but requests them from another merchant and sells them to the buyer, considered from “selling what he does not own”?