Ikhtisaas
To hold, to grasp, to possess
Pronunciation: ik-tee-sas (/ɪxtɪˈsɑːs/)
What does Ikhtisaas mean?
Originated from the Arabic verb 'Ikhtasasa', meaning to hold, to grasp, to possess. It is also a term in Islamic law referring to the right of a person to retain ownership of an acquired property or asset.
Ikhtisaas in other languages & scripts
How to pronounce Ikhtisaas
Numerology & personality
A harmonious and caring person, nurturing and supportive, with a strong desire for beauty and balance in their lives.
Spiritual & cultural context
To possess the inner strength and wisdom to protect and preserve one's values and beliefs.
In Islamic finance and economic systems, 'Ikhtisaas' signifies the concept of attacking poverty through profit and loss sharing. It is a key principle in Islamic to practice social responsibility in business transactions. This is achieved by investing in businesses that not only generate profits, but also create opportunities for employment, education, and social development. It is a practical implementation of the Islamic principle of 'Maqasid al-Shariah' or the ultimate objectives of Islamic law, which aims to protect the interests of individuals and society as a whole.
Popularity of Ikhtisaas by region
| Region | Country | Score | Year |
|---|---|---|---|
| Saudi Arabia | SA | 74 | 2024 |
| Pakistan | PK | 70 | 2024 |
| UAE | AE | 79 | 2024 |
| Egypt | EG | 65 | 2024 |