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It is based on the principle of helping others without expecting a financial gain. However some Ulama deem it a form of interest-free loan (fungible, marketable wealth) that is extended by a lender to a borrower on the basis of benevolence (ihsan). Al-qardh, from a shari’a point of view, is a non commutative contract, as it involves a ...
IslamicTorrents was a BitTorrent tracker that focused mainly on Islamic and Islam-related materials. [1] Their tracker handled requests and tracks videos, audio files, Islamic lectures, Quran files, Islamic software, books, and particularly documentaries relating to Islam. Previously, the site catered to approximately 40,000 users worldwide and ...
The Verse of Loan (Arabic: آية ٱلدين, ’āyatu d-dayn) is verse 282 in chapter Al-Baqara . [1] This verse is the longest verse in the longest chapter in the Quran . The concept of borrowing was explained in this verse.
A number of different words for sin are used in the Islamic tradition. According to A. J. Wensinck's entry on the topic in the Encyclopedia of Islam, Islamic terms for sin include dhanb and khaṭīʾa, which are synonymous and refer to intentional sins; khiṭʾ, which means simply a sin; and ithm, which is used for grave sins.
In Islamic jurisprudence , Bai-muajjal, also called bai'-bithaman ajil, [284] or BBA, is a credit sale or deferred payment sale, i.e. the sale of goods on a deferred payment basis. In Islamic finance, the bai' muajjal product also involves the price markup of a murabahah contract, and a murabahah product involves a bai-muajjal deferred payment.
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]
The Lawful and the Prohibited in Islam is a book by Islamic scholar Yusuf al-Qaradawi, [1] [2] originally published in 1960 under the Arabic title Al-Halal Wal-Haram Fil-Islam. Some translations into English of the work include those published by: Ahl-al-bait, with annotations and commentary by Allamah Shaikh Hasan Muhammad Taqi al-Jawahiri. [1]
Riba (Arabic: ربا ,الربا، الربٰوة, ribā or al-ribā, IPA:) is an Arabic word used in Islamic law and roughly translated as "usury": unjust, exploitative gains made in trade or business.