Course : The Real Deal Venue : The University of Witwatersrand , Parktown Date : 17th and 18th July 2010 Register online or call : 082 740 8021 "And Allah has permitted trade, but forbidden riba" [AlBaqarah: 275] One of the most difficult and confusing issues to Muslims now a days are the matters pertaining to the rulings of buying and selling. With trade and commerce having expanded with such rapid force, many are searching for what Islam has to say about it all. Of recent, a surge in global … [Read more...]
Al Jazeera on Islamic Finance & the West
April 28, 2009 By
20 years ago the West would have thought poorly of Islamic Finance and today they realise its value. On the same breath, today the west sees Shariah law as barbaric and backward - I wonder what they'll think of it 20 years from now? … [Read more...]
The Islamic Economic System as an alternative
October 15, 2008 By
A fitting post for today seeing that it is Blog Action Day worldwide and the general theme is Solving Poverty. from Islamic Revival Allah (swt) says: “You are the best of the nation raised up for mankind because you enjoin what is right and forbid the wrong and believe in Allah†[Ali-Imran 3:110] Allah (swt) has blessed us as being the best nation raised up from humanity because we enjoin the good and forbid the evil – we need to realise our responsibility of speaking our … [Read more...]
Islam, Zakaat & Economic solutions
September 12, 2008 By
Money. These days it is hardly of secondary importance for those who don't have it. And even for many who do! What does Islam say about it? Islam recognizes the value of wealth. It refers to it as: "Your property which Allah has made for you a means of support."[Al-Nisa, 4:5]. But it also warns about its dual nature: it could be a blessing or a curse. It is a blessing if used to do good. Prophet Muhammad, Sall-Allahu alayhi wa sallam, declared that person to be in an enviable position who has lot … [Read more...]
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