Haram
حرام
Pronunciation: hah-RAHM
Prohibited under Islamic law — in finance, includes interest-based products and investments in prohibited industries.
Definition
Prohibited under Islamic law. In finance, includes interest-based products, investments in alcohol, gambling, pork, weapons, tobacco, and adult entertainment industries.
Conventional mortgages, personal loans with interest, credit card interest charges, and savings account interest are all forms of haram financial activity. Muslims are instructed to avoid both earning and paying riba, and to ensure their investments and financial dealings are free from haram elements.
Related Terms
Halalحلال
Permissible under Islamic law — in finance, products and transactions that comply with Shariah principles.
Ribaربا
Interest or usury — the most strictly prohibited practice in Islamic finance.
Maysirميسر
Gambling or games of chance — one of the three major prohibitions in Islamic finance.
Ghararغرر
Excessive uncertainty or ambiguity in a contract — one of the three major prohibitions in Islamic finance.
Further Reading
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Quick Answer
Haram (حرام) — Prohibited under Islamic law — in finance, includes interest-based products and investments in prohibited industries. Prohibited under Islamic law. In finance, includes interest-based products, investments in alcohol, gambling, pork, weapons, tobacco, and adult entertainment industries.
Key Takeaways
- Prohibited under Islamic law — in finance, includes interest-based products and investments in prohibited industries.
- Category: Prohibitions
- Related: Halal, Riba, Maysir, Gharar
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Last reviewed: 2026-03-06
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