Dictionary term

Definition of "Al-israf"

Lit: Intemperance, immoderateness, exaggeration, waste. Tech: Covers: (i) spending on lawful objects but exceeding moderation in quantity or quality; (ii) spending on superfluous objects while necessities are unfulfilled; and (iii) spending on objects which are incompatible with the economic standard of the majority of the population.

Create Your FREE Account…

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