real estate in dubai riba-free

Riba, in the context of banking and financial interest, is a term derived from Islamic finance. It refers to any form of excessive or unfair gain or interest, generally linked to loans or financial transactions. Riba is strictly forbidden under Islamic law(Shariah), as it is considered exploitative and contrary to the principles of equity and justice.

• Operation:

  • Riba often takes advantage of vulnerable people or companies in need of funds, by imposing disadvantageous conditions.
    
    

• Economic imbalance:

  • It favors the concentration of wealth and can create major economic inequalities.
    
    

• Lack of contribution to the real economy:

  • Riba-based transactions do not directly generate added value or productive activity.