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Muamalat (also muʿāmalāt, Arabic: معاملات, literally "transactions" [1] or "dealings") [2] is a part of Islamic jurisprudence, or fiqh. Sources agree that muamalat includes Islamic "rulings governing commercial transactions" [ 3 ] and Majallah al-Ahkam al-Adliyyah). [ 4 ] [
M. Kahf writes that mu'amalat and Islamic economics "often intermingle", [66] mu'amalat "sets terms and conditions of conduct for economic and financial relationships in the Islamic economy" and provides the "grounds on which new instruments" of Islamic financing are developed, [61] but that the "nature of Fiqh imposes a concern about ...
Ibadah (Arabic: عبادة, ‘ibādah, also spelled ibada) is an Arabic word meaning service or servitude. [1] In Islam , ibadah is usually translated as “worship”, and ibadat —the plural of ibadah —refers to Islamic jurisprudence ( fiqh ) of Muslim religious rituals.
A copy of the Qur'an, one of the primary sources of Sharia. The Qur'an is the first and most important source of Islamic law. Believed to be the direct word of God as revealed to Muhammad through angel Gabriel in Mecca and Medina, the scripture specifies the moral, philosophical, social, political and economic basis on which a society should be constructed.
Al-Muwaṭṭaʾ (Arabic: الموطأ, 'well-trodden path') or Muwatta Imam Malik (Arabic: موطأ الإمام مالك) of Imam Malik (711–795) written in the 8th-century, is one of the earliest collections of hadith texts comprising the subjects of Islamic law, compiled by the Imam, Malik ibn Anas. [1]
In December 2003, the Fiqh Academy of the Muslim World League forbade tawarruq "as practiced by Islamic banks today". [142] In 2009 another prominent juristic council, the Fiqh Academy of the OIC, ruled that "organized Tawarruq" is impermissible. [Note 8] Noted clerics who have ruled against it include Ibn Qayyim Al-Jawziyya and Ibn Taymiyya. [144]
A component of Islamic studies, Fiqh expounds the methodology by which Islamic law is derived from primary and secondary sources. Mainstream Islam distinguish fiqh, which means understanding details and inferences drawn by scholars, from sharia that refers to principles that lie behind the fiqh.
The Kitāb al-Umm (Arabic: كـتـاب الأم) is the first exhaustive compendium of Islamic code of law that is used as an authoritative guide by the Shafi'i school of fiqh (Islamic jurisprudence) within the Sunni branch of Islam. [1] The work was composed by the founder of the Shafi'i school, Imām ash-Shāfi‘ī (767–820 CE).