Al-’amwal al-ribawiyah

Dictionary term

Definition of "Al-’amwal al-ribawiyah"

It connotes six items on which riba al-fadl arises: gold, silver, dates, wheat, salt and barley. Their exchange has been conditional with equality in weight and measure and simultaneous transfer of possession, failing which it would involve riba al-fadl. It has been held by some jurists that riba al-fadl arises only in respect of these six articles, but others have included other articles similar to these six.

Create Your FREE Account…

IslamicBanker helps professionals navigate Islamic markets by providing powerful insights, analytics and collaboration tools.