{"id":159,"date":"2025-05-07T15:56:47","date_gmt":"2025-05-07T15:56:47","guid":{"rendered":"https:\/\/natais.org.ng\/journal\/?post_type=article&#038;p=159"},"modified":"2025-05-08T17:13:16","modified_gmt":"2025-05-08T17:13:16","slug":"sales-of-items-on-credit-in-islam-the-experience-of-jaiz-bank","status":"publish","type":"article","link":"https:\/\/natais.org.ng\/journal\/article\/sales-of-items-on-credit-in-islam-the-experience-of-jaiz-bank\/","title":{"rendered":"SALES OF ITEMS ON CREDIT IN ISLAM: THE EXPERIENCE OF JAIZ BANK"},"content":{"rendered":"\n<h6 class=\"wp-block-heading\">Abstract:<\/h6>\n\n\n\n<p class=\"wp-block-paragraph\">Islam as a complete way of life has laid down rules and regulations in all spheres of life. All contracts should be observed in accordance with Islamic tenets. Sales of items which serve as the basis of human daily activities and interactions are given close attention by Shari&#8217;ah so that people&#8217;s life and properties are safeguarded and a balance is maintained in the society. Where credit is involved in the sale, the different parties should be cautious to avoid being trapped in the ugly behaviour of Riba (usury). Since the inception of Jaiz Bank, scholars are engaged in useful discussions as to determine whether the bank is in conformity with the norms of Shari&#8217;ah or not on this issue. This paper seeks to analyse this important practice in the society with particular reference to its operation in Jaiz Bank and with a view to bringing out useful suggestions to that effect.<\/p>\n\n\n\n<div class=\"wp-block-pdf-viewer-block-standard\" style=\"text-align:left\"><div class=\"uploaded-pdf\"><a href=\"https:\/\/natais.org.ng\/journal\/wp-content\/uploads\/2025\/05\/4d.pdf\" data-width=\"\" data-height=\"\"><\/a><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Where credit is involved in the sale, the different parties should be cautious to avoid being trapped in the ugly behaviour of Riba (usury).<\/p>\n","protected":false},"author":1,"featured_media":258,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"_acf_changed":false,"_siteseo_robots_primary_cat":"","pagelayer_contact_templates":[],"_pagelayer_content":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"issuem_issue":[10],"issuem_issue_categories":[],"issuem_issue_tags":[],"class_list":["post-159","article","type-article","status-publish","format-standard","has-post-thumbnail","hentry","issuem_issue-natais-journal-vol-19-2016"],"acf":[],"_links":{"self":[{"href":"https:\/\/natais.org.ng\/journal\/wp-json\/wp\/v2\/article\/159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/natais.org.ng\/journal\/wp-json\/wp\/v2\/article"}],"about":[{"href":"https:\/\/natais.org.ng\/journal\/wp-json\/wp\/v2\/types\/article"}],"author":[{"embeddable":true,"href":"https:\/\/natais.org.ng\/journal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/natais.org.ng\/journal\/wp-json\/wp\/v2\/comments?post=159"}],"version-history":[{"count":4,"href":"https:\/\/natais.org.ng\/journal\/wp-json\/wp\/v2\/article\/159\/revisions"}],"predecessor-version":[{"id":165,"href":"https:\/\/natais.org.ng\/journal\/wp-json\/wp\/v2\/article\/159\/revisions\/165"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/natais.org.ng\/journal\/wp-json\/wp\/v2\/media\/258"}],"wp:attachment":[{"href":"https:\/\/natais.org.ng\/journal\/wp-json\/wp\/v2\/media?parent=159"}],"wp:term":[{"taxonomy":"issuem_issue","embeddable":true,"href":"https:\/\/natais.org.ng\/journal\/wp-json\/wp\/v2\/issuem_issue?post=159"},{"taxonomy":"issuem_issue_categories","embeddable":true,"href":"https:\/\/natais.org.ng\/journal\/wp-json\/wp\/v2\/issuem_issue_categories?post=159"},{"taxonomy":"issuem_issue_tags","embeddable":true,"href":"https:\/\/natais.org.ng\/journal\/wp-json\/wp\/v2\/issuem_issue_tags?post=159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}