✦ ONLINE LEARNING / ISLAMIC COMMERCIAL JURISPRUDENCE
Explore the Law Behind Islamic Finance.
Islamic Law of Business Transactions
(Fiqh al-Muamalat al-Maliyah)
A scholarly introduction to contracts, financial rights, lawful profit and Shariah-compliant commercial dealings. Learn through structured, open-access video lectures.
17Video topics
4Academic modules
FreeOpen access
Self-pacedStudy anytime
From Classical Fiqh to Contemporary Transactions
How does Islamic jurisprudence determine whether a transaction is valid, irregular or void? What distinguishes lawful profit from riba? How do consent, contractual capacity, property, risk and gharar affect the legal consequences of a contract? This course explores these foundational questions in a carefully ordered academic sequence.
Designed for Serious Learners
Cost: Free of charge
Format: Online video lectures
Content: Foundation + 16 topics
Audience: Students, researchers and practitioners
What You Will Learn
✓ Explain the juristic foundations of commercial transactions
✓ Identify requirements of offer, acceptance and contractual sessions
✓ Differentiate contractual capacity, subject matter and legal classifications
Core Competencies
✓ Analyze risk, gharar, riba and property in financial dealings
✓ Explain the principles governing lawful profit
✓ Describe partnership, salam, istijrar and hawalah
YOUR LEARNING JOURNEY
A clear pathway from principles to practice.
01
Contract Formation
Offer, acceptance and agreement
02
Legal Validity
Capacity and subject matter
03
Lawful Exchange
Riba, gharar and profit
04
Applied Contracts
Sharikah, salam and hawalah
Explore the Course Modules
Begin with the introductory foundation lesson. Then expand each module and select its lectures in order to study video explanations and complete playlists.
Development of the Four Juristic Schools
An introduction to the historical development of the major Sunni juristic schools before starting the financial transactions curriculum.
اسلام کے 4 فقہی مذاہب کیسے وجود میں آئے؟
Foundational concepts, offer and acceptance, contractual session and options
01Foundations of Islamic Law of Business Transactions
Video lectures are available in the complete playlist.
02Elements of Contracts (Offer and Acceptance)
Video lectures are available in the complete playlist.
03Elements of Contracts (Session of the Contract)
Video lectures are available in the complete playlist.
04Elements of Contracts (Option in Session of Contract)
Video lectures are available in the complete playlist.
Ahliyyah, contractual subject matter and legal validity
05Elements of Contracts (Capacity – الاهلية)
Video lectures are available in the complete playlist.
06Elements of Contracts (Subject Matter – المعقود عليه)
Video lectures are available in the complete playlist.
07Types of Contracts in Islamic Jurisprudence (عقد صحیح، عقد فاسد، عقد باطل)
Video lectures are available in the complete playlist.
Gharar, maal, interest and lawful profit
08What is Risk and Gharar and its Impact on Contracts?
Video lectures are available in the complete playlist.
09What is Maal (Property)? | Types of Maal
This topic is presented in a single video.
10What is Riba? | Interest in Islam
Video lectures are available in the complete playlist.
11When Profit becomes Halal?
This topic is presented in a single video.
Sharikah, profit sharing, salam, istijrar and hawalah
12Partnership (Sharikah and its Types)
Video lectures are available in the complete playlist.
13Profit and Loss Sharing cases
Video lectures are available in the complete playlist.
14What is Salam Sale?
Video lectures are available in the complete playlist.
15What is Istijrar Sale?
Video lectures are available in the complete playlist.
16What is Hawalah, its Types and Conditions?
Video lectures are available in the complete playlist.
Learn with IslamicFina
Dr. Muhammad Abubakar Siddique is an educator and scholar of Islamic Banking and Finance with doctoral specialization and Shariah advisory experience. This educational series connects foundational juristic concepts with contemporary commercial and financial practice.
How to Study Effectively
Begin with the Foundation Lecture and follow Lectures 01–16 in sequence. Prepare your own notes, record important Arabic legal terms and definitions, reflect on examples, and revisit earlier lectures when necessary.
Frequently Asked Questions
Yes. The embedded video lessons and linked YouTube playlists are freely accessible.
The course begins with foundational material and is appropriate for motivated beginners, students and practitioners.
Yes. Start with the Foundation Lecture before progressing from Lecture 01 to Lecture 16.
This educational course does not advertise a formal certificate or accreditation.
Yes. You can revisit the videos and playlists whenever needed.
YOUR NEXT STEP
Begin with understanding. Grow through practice.
Develop a stronger foundation in Islamic commercial jurisprudence through this carefully structured free learning series.



