Shariah Considerations

LWorld recognises the importance of Shariah principles for Muslim clients and structures its offerings to be compatible with Islamic commercial jurisprudence (Fiqh al-Mu‘amalat) where applicable. Precious metals are treated as tangible assets with clear ownership, possession (qabdh), and transparency. Key Shariah-aligned principles include:

Key Shariah-aligned principles include:

• Ownership and Possession: Clients obtain full ownership and possession of physical precious metals upon purchase, satisfying the Shariah requirement for qabdh.
• Transparency: All transactions are conducted with full disclosure of terms, pricing, and product specifications to avoid gharar (excessive uncertainty).
• Prohibition of Riba (Usury): LWorld‘s pricing structures avoid interest-based financing, adhering to the prohibition of riba in Islamic finance.
• Ethical Sourcing: The company is committed to responsible sourcing practices that align with ethical and social justice principles valued in Shariah.

Clients seeking Shariah-compliant solutions are encouraged to consult with their own Shariah advisors to ensure alignment with individual beliefs and interpretations. LWorld is open to engaging with recognised Shariah advisory bodies to further enhance its offerings in accordance with Islamic commercial ethics.