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Takaful
Takaful (, sometimes translated as "solidarity" or mutual guarantee) Khan, ''What Is Wrong with Islamic Economics?'', 2013: p.403 is a co-operative system of reimbursement or repayment in case of loss, organized as an Islamic or ''sharia''-compliant alternative to conventional insurance, which contains ''riba'' (usury) and '' gharar'' (excessive uncertainty). Khan, ''What Is Wrong with Islamic Economics?'', 2013: p.402 Under takaful, people and companies concerned about hazards make regular contributions ("donations") to be reimbursed or repaid to members in the event of loss, and managed on their behalf by a takaful operator. Like other Islamic finance products, Takaful is grounded in Islamic '' Muamalat'' (commercial and civil acts or dealings branch of Islamic law). In 2018, the takaful industry had grown to a size of $27.7 billion of "contributions" (from a 2011 figure of $12 billion). The movement has been praised as providing "superior alternatives" to insurance that "r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Riba
''Riba'' (, or , ) is an Arabic word used in Islamic law and roughly translated as " usury": unjust, exploitative gains made in trade or business. ''Riba'' is mentioned and condemned in several different verses in the Qur'an3:130 and most commonl 2:275-2:280 . It is also mentioned in many '''' (reports of the life of [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Muamalat
''Muamalat'' (also ''muʿāmalāt,'' , literally "transactions" TBE, "CHAPTER A1, INTRODUCTION TO ISLAMIC MUAMALAT", 2012: p.6 or "dealings") is a part of Islamic jurisprudence, or ''fiqh''. Sources agree that ''muamalat'' includes Islamic "rulings governing commercial transactions" and Majallah al-Ahkam al-Adliyyah). JALIL, et. al., ''FOUR INTRODUCTORY THEORIES OF FIQH MUAMALAT'': p.8 However, other sources (Oxford Islamic Studies Online, Brian Kettell, and Wahbah al-Zuhayli’) give it a broader definition including civil acts and in general all aspects of fiqh that are not '' Ibadat'' (acts of ritual worship such as prayer or fasting). (See organizational chart of the structure of Islam below in "Principles" section.) Chik, ''Shariah in Islamic Finance'': p.5 Lee, "Islamic Banking Law", 2015: p.29 ''Mu'amalat'' provides much of the basis for Islamic economics, and the instruments of Islamic financing, and deals not only with Islamic legality but also social and economic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gharar
''Gharar'' () literally means uncertainty, hazard, chance or risk. It is a negative element in ''mu'amalat'' ''fiqh'' (transactional Islamic jurisprudence), like ''riba'' (usury) and '' maisir'' (gambling). One Islamic dictionary (''A Concise Dictionary of Islamic Terms'') describes it as "the sale of what is not present" — such as fish not yet caught, crops not yet harvested. Similarly, author Muhammad Ayub says that "in the legal terminology of jurists", ''gharar'' is "the sale of a thing which is not present at hand, or the sale of a thing whose ''aqibah'' (consequence) is not known, or a sale involving hazard in which one does not know whether it will come to be or not". Definitions, fiqh According to Sami Al-Suwailem, "researchers in Islamic finance" do not agree on the "precise meaning" of gharar, although there is not necessarily great difference among the Islamic schools of jurisprudence ( madhab) in the term's definition. The ''Hanafi'' legal school defines ''gharar'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ahmad Ibn Hanbal
Ahmad ibn Hanbal (; (164-241 AH; 780 – 855 CE) was an Arab Muslim scholar, jurist, theologian, traditionist, ascetic and eponym of the Hanbali school of Islamic jurisprudence—one of the four major orthodox legal schools of Sunni Islam. The most highly influential and active scholar during his lifetime, Ibn Hanbal went on to become "one of the most venerated" intellectual figures in Islamic history, who has had a "profound influence affecting almost every area" of the traditionalist perspective within Sunni Islam. One of the foremost classical proponents of relying on scriptural sources as the basis for Sunni Islamic law and way of life, Ibn Hanbal compiled one of the most significant Sunni hadith collections, '' al-Musnad'', which has continued to exercise considerable influence on the field of hadith studies up to the present time. Having studied jurisprudence and hadith under many teachers during his youth, Ibn Hanbal became famous in his later life for the crucial rol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Muhammad
Muhammad (8 June 632 CE) was an Arab religious and political leader and the founder of Islam. Muhammad in Islam, According to Islam, he was a prophet who was divinely inspired to preach and confirm the tawhid, monotheistic teachings of Adam in Islam, Adam, Noah in Islam, Noah, Abraham in Islam, Abraham, Moses in Islam, Moses, Jesus in Islam, Jesus, and other Prophets and messengers in Islam, prophets. He is believed to be the Seal of the Prophets in Islam, and along with the Quran, his teachings and Sunnah, normative examples form the basis for Islamic religious belief. Muhammad was born in Mecca to the aristocratic Banu Hashim clan of the Quraysh. He was the son of Abdullah ibn Abd al-Muttalib and Amina bint Wahb. His father, Abdullah, the son of tribal leader Abd al-Muttalib ibn Hashim, died around the time Muhammad was born. His mother Amina died when he was six, leaving Muhammad an orphan. He was raised under the care of his grandfather, Abd al-Muttalib, and paternal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Al-Ma'ida
Al-Ma'idah (; 'The Table [Spread with Food]' is the fifth surah, chapter of the Quran, containing 120 āyah, verses. Al-Mā'idah means "Meal" or "Banquet" . This name is taken from verses 112 to 115, which tell the Disciples of Jesus in Islam#Textual references, request of the followers of Prophet 'Isa (Jesus) that Allah send down a meal from the sky as a sign of the truth of his message. Regarding the asbab al-nuzul, timing and contextual background of the revelation, it is a Medinan surah, Medinan chapter, which means it is believed to have been revealed in Medina rather than Mecca. The chapter's topics include animals which are Haram, forbidden, and Jesus in Islam, Jesus's and Moses in Islam, Moses's missions. Verse 90 prohibits "the intoxicant" (alcohol). Verse 8 contains the passage: "Do not let the hatred of a people lead you to injustice". Al-Tabligh Verse 67 is relevant to the Farewell Pilgrimage and Ghadir Khumm. Verses have been quoted to denounce killing, by us ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
God In Islam
In Islam, God (, contraction of , ) is seen as the Creator god, creator and God the Sustainer, sustainer of the universe, who God and eternity, lives eternally. God is conceived as a perfect, Tawhid, singular, immortal, omnipotent, and omniscient god, completely Infinity, infinite in all of Attributes of God in Islam, his attributes. Islam further emphasizes that God is most merciful. The Islamic concept of God is variously described as monotheistic, panentheistic, and monistic. In Schools of Islamic theology, Islamic theology, Anthropomorphism and corporealism in Islam, anthropomorphism () and corporealism () refer to beliefs in the human-like (anthropomorphic) and materially embedded (corporeal) form of God, an idea that has been classically described assimilating or comparing God to the creatures created by God. By contrast, belief in the Transcendence (religion), transcendence of God is called , which also rejects notions of incarnation and a personal god. is widely accep ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mu'min
''Mu'min'' or ''mumin'' (; ) is an Arabic name and Islamic term frequently referenced in the Quran, meaning 'believer'. Al-Mu'minun (, ; 'The Believers') is the 23rd chapter (sūrah) of the Qur'an. In the Quran ''Mumin'' denotes a person who has complete submission to the will of God and has faith firmly established in his heart, i.e. a "faithful Muslim". Also, it is used as a name and one of the names of God. The opposite term of '' iman'' (faith) is ''kufr'' (disbelief), and the opposite of ''mumin'' is ''kafir'' (disbeliever). The Quran states: This verse addresses the believers, exhorting them to believe, implying multiple stages of belief. There is a difference between the terms Muslim and ''mumin''. The term ''mumin'' is the preferred term used in the Quran to describe monotheistic believers. See also * Momin (other) * Al-Mu’minoon * Amir al-Mu'minin () or Commander of the Faithful is a Muslims, Muslim title designating the supreme leader of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Muhammad Al-Bukhari
Abū ʿAbd Allāh Muḥammad ibn Ismāʿīl ibn Ibrāhīm al-Juʿfī al-Bukhārī (; 21 July 810 – 1 September 870) was a 9th-century Persian Muslim '' muhaddith'' who is widely regarded as the most important ''hadith'' scholar in the history of Sunni Islam. Al-Bukhari's extant works include the ''hadith'' collection '' Sahih al-Bukhari'', '' al-Tarikh al-Kabir'', and '' al-Adab al-Mufrad''. Born in Bukhara in present-day Uzbekistan, Al-Bukhari began learning ''hadith'' at a young age. He travelled across the Abbasid Caliphate and learned under several influential contemporary scholars. Bukhari memorized thousands of ''hadith'' narrations, compiling the ''Sahih al-Bukhari'' in 846. He spent the rest of his life teaching the ''hadith'' he had collected. Towards the end of his life, Bukhari faced claims the Quran was created, and was exiled from Nishapur. Subsequently, he moved to Khartank, near Samarkand. ''Sahih al-Bukhari'' is revered as the most important ''hadith'' coll ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Imam Muslim
Abū al-Ḥusayn Muslim ibn al-Ḥajjāj ibn Muslim ibn Ward al-Qushayrī an-Naysābūrī (; after 815 – May 875 CE / 206 – 261 AH), commonly known as Imam Muslim, was an Islamic scholar from the city of Nishapur, particularly known as a ''muhaddith'' (scholar of hadith). His hadith collection, known as ''Sahih Muslim'', is one of the six major hadith collections in Sunni Islam and is regarded as one of the two most authentic (''sahih'') collections, alongside ''Sahih al-Bukhari''. Biography Muslim ibn al-Hajjaj was born in the town of Nishapur in the Abbasid province of Khorasan, in what is now northeastern Iran. Historians differ as to his date of birth, though it is usually given as 202 AH (817/818), 204 AH (819/820), or 206 AH (821/822). Al-Dhahabi said, "It is said that he was born in the year 204 AH," though he also said, "But I think he was born before that." Ibn Khallikan could find no report of Muslim's date of birth or age at death by any of the ḥuffāẓ "h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
