Riba, an Arabic word meaning “to increase” or “to exceed,” refers to unequal transactions and interest charges for borrowing money, which are forbidden by Islamic law.

RIBA commended the project for assimilating with the surrounding countryside, adding that the design is intended to withstand the threat of rising water levels in the typhoon-prone region. Eco ...

The newly-passed 26th Constitutional Amendment Bill, 2024, has set a January 1, 2028, deadline to eliminate Riba in the country. The clause was added to the draft amendments at the suggestion of ...