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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 ] [
In addition, there are several differences within Sunnī and Shīʿa Islam: Sunnī Islam is separated into four main schools of jurisprudence, namely Mālikī, Ḥanafī, Shāfiʿī, and Ḥanbalī; these schools are named after their founders Mālik ibn Anas, Abū Ḥanīfa al-Nuʿmān, Muḥammad ibn Idrīs al-Shāfiʿī, and Aḥmad ibn ...
Uṣūl al-fiqh is a genitive construction with two Arabic terms, uṣūl and fiqh. Uṣūl means roots or basis. Some says, Uṣūl, the plural form of Aṣl, means Rājih (preponderant). It also signifies Qā’idah (rules), which is the real-world application of the word. For example: "every sentence must contain a verb" is a rule of Grammar.
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.
Fiqh (/ f iː k /; [1] Arabic: فقه) is Islamic jurisprudence. [2] Fiqh is often described as the style of human understanding and practices of the sharia ; [ 3 ] that is, human understanding of the divine Islamic law as revealed in the Quran and the sunnah (the teachings and practices of the Islamic prophet Muhammad and his companions).
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.
In the second century of Islam, schools of fiqh were noted for the loyalty of their jurists to the legal practices of their local communities, whether Mecca, Kufa, Basra, Syria, etc. [11] (Egypt's school in Fustat was a branch of Medina's school of law and followed such practices—up until the end of the 8th century—as basing verdict on one ...
[2] Islamic economics is a broad field, related to the more specific subset of Islamic commercial jurisprudence (Arabic: فقه المعاملات, fiqh al-mu'āmalāt). It is also an ideology of economics similar to the labour theory of value, which is "labour-based exchange and exchange-based labour".