Jurisdiction(s):
United Kingdom

Key definition

Riba definition

What does Riba mean? In legal practice, riba describes the payment or receipt of interest or other predetermined, unjust gain on a loan of money, which Islamic law prohibits. It is not defined in UK or Irish legislation or case law; rather, it is a descriptive term used in Islamic finance documentation and guidance. The prohibition covers interest on loans and certain unequal or deferred exchanges of specified commodities or currencies. Its practical significance is in structuring Sharia‑compliant finance so that returns arise from sale, lease or partnership arrangements (for example, murabaha, ijara, musharaka and sukuk), not from interest. Documentation typically refers to a...

RIBA Plan of Work 2013 (Archived): Purpose, Stages 0-7, Task Bars, BIM, Overlaps and Use in Appointments and Building Contracts

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Practice notes

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ARCHIVED: This Practice Note is archived and no longer maintained. It outlines the purpose and role of the riba Plan of Work 2013, explains the stages and task bars, and also reflects on how it is used. Note that a new edition—the RIBA Plan of Work 2020—was released in February 2020; see Practice Note: The RIBA Plan of Work 2020.

What is the RIBA Plan of Work?

The RIBA Plan of Work 2013 sets out the structure of the design process for a construction project, defining tasks and outputs for each stage. The framework it provides underpins how projects are organised and managed. First issued in 1963, it has been revised periodically to track changes in practice and regulation. Published in May 2013 after a full review and overhaul, the 2013 Plan introduced significant revisions to the 2007 version, aligning the Plan with contemporary practice and the needs of modern projects...

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Web page updated on 21/05/2026

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