Nov 22, 2021
What is Wadiah? Wadiah is a term that often gets thrown around in the Islamic community, but what does it mean? The aim of this article will be to explore what Wadiah is, types of wadiah, and how it is different from Qard. The concept of Wadiah involves safekeeping, custody, and trust. The word
The concept of Wadiah involves safekeeping, custody, and trust. Wadiah refers to a deposit in Islamic finance, and there are two types of wadiah.