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Related Content. Also known as maysir. Means speculation or gambling. Maisir is prohibited in Islamic finance because it creates wealth from chance instead of productive activity.

Maisir - Practical Law UK

uk.practicallaw.thomsonreuters : ...

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gambling, the betting or staking of something of value, with consciousness of risk and hope of gain, on the outcome of a game, a contest, or an uncertain event whose result may be determined by chance or accident or have an unexpected result by reason of the bettor's miscalculation.

Gambling | Definition, History, Games, & Facts | Britannica

britannica : topic : gambling

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