All Entries in the "Shariah & Business" Category
Why is it so important to have a good thought about bad things happening to us
Assalamu alaykum brothers & sisters, This life has so many UPs & DOWNs and we go through so many trials and tribulations, subhanallah. When something bad happens to us we despair although Allah SWT says on the Quran that whatever bad thing happens to us could be good for us and vice versa. We don’t [...]
Real Deal series- wealth and it’s types
bismimg Assalama Aleikum, In continuation with our respected brother & Sheikh Tawfique Chowdhury’s Real Deal series, we carry on the topic with Wealth & it’s types. Although the notes are pretty straight forward Alhamdulillah, this bit may need reading through a 2nd time just for further clarification Inshallah. Wealth and its types Legal definition of [...]
The goals and purposes of Shariah in business transactions.
bismimg This is a continuation of our ‘ Fiqh of Business Transactions’ series, originally taught by Sheikh Tawfique Chowdhury in his Real Deal course held on Birmingham last year. In the first part of this compilation we went through a prelude of Business Regulations in the shariah. We began with ‘Pillars of a business transactions’ [...]
Fiqh of Business Transactions In Islam – Pillars of Business
bismimg A while back we mentioned that a member of our Team attended a 2 day course called ‘The Real Deal’ focusing on ‘The Fiqh of Business Transactions’ taught by Sheikh Tawfique Chowdhury. We would like to carry on sharing with you the notes we took during this fantastic eye opening course and we continue [...]
12th way of increasing your earnings
bismimg Showing Kindness to the Poor Showing kindness and mercy to the poor and needy in society is another way a person can increase his sustenance and wealth. This is because Allah’s blessings shower upon a society due to its poor and helpless people among them. The Prophet SAW said: “ Find me amongst your [...]
The Importance of a Writen Contract
bismimg Allah says: Deal not unjustly, and you shall not be dealt with unjustly. [Al Qur'an 2:279] O you who believe! When you deal with each other in transactions involving future obligations in a fixed period of time, reduce them to writing. Let him who incurs the liability dictate, but let him fear his Lord [...]
Entering into a partnership with a person
bismimg Taken from the book entitled: Entering into a partnership with a person who deals with bribes and riba by Muhammad Salih Al-Munajjid If a person earns money in haraam ways such as riba, bribes, stealing and cheating, etc., and his wealth is a combination of halaal and haraam, then it is valid to do [...]
The Fiqh of Business Transactions
bismimg Buying and selling is undoubtedly permissible in Islam however, Allah and His Prophet (saw) have told us to be mindful and honest in our dealings: Allah say in The Glorious Qur’an And Allah has made business transactions permissible (Quran 2.275) And take witnesses when you buy and sell (Quran 2.282) Except transactions done based [...]
