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Gharar in Islamic Finance: What It Is, Why It Is Prohibited, and What to Avoid

Gharar in Islamic Finance: What It Is, Why It Is Prohibited, and What to Avoidby: Mogamat Ali SaliePublished on: 27/08/2026

Gharar — excessive uncertainty or ambiguity — is one of the core prohibitions in Islamic finance alongside riba. This guide explains what gharar is.

Islamic Finance South Africa
Gharar in Islamic Finance: What It Is, Why It Is Prohibited, and What to Avoid