On Fiscal Laws


Contemporary Fatawa, Economics, Fiqh

Q. What is the deifinition of Riba according to the Holy Quran and Sunnah of the Holy Prophet ( Sallaho Alaihai Wasallam ). Does it cover the simple and compound interest existing in the present day financial transactions?

A. The word, Riba as understood from the Holy Qur’an and Sunnah, is any extra payment received over and above the prin- cipal amount, regardless of the fact that extra amount is significant or insignificant. Islam, therefore, considers the Riba Haraam, in all of its forms.

The Fuqaha have given two interpretations of the word, Riba, : Riba-al-Nasia and Riba al Fadl.

July 22, 2010

44) Cursing Others


Beliefs & Practices, Major Sins

The Prophet (pbuh) said,

“Insulting a Muslim is an act of immorality and fighting him is an act of disbelief.” (Bukhari)

He (pbuh) also said,

“Cursing a believer is like killing him.” (Bukhari)

Muslim narrated in his Sahih the following hadith that states,

“Those who indulge in cursing others will not be intercessors or witnesses on the Day of Judgment.”

Another hadith states,

“It is not the character of a believer to indulge in slandering, cursing, or immoral talk.” (Tirmdhi)

The Messenger of Allah (pbuh) said,

April 9, 2009

32) Bribery


Beliefs & Practices, Major Sins

Allah Most High says,

{And do not eat up your property among yourselves for vanities, nor use it as a bait for the judges, with intent that ye may eat up wrongfully and knowingly a little of (other) people’s property.} (Al-Baqarah: 188)

Muslims are prohibited to bribe a judge or a public officer to unfairly obtain a decision in favor of one’s self against a rival or to unlawfully consume the property of others while they are aware of the prohibition of this act.

On the authority of Abu Hurairah (may Allah be pleased with him) that the Messenger of Allah (pbuh) said,

March 21, 2009

THE SCRIPT OF ANAS


Chapter 3, Hadith & Seerah, The Authority of Sunnah

Certain Arab tribes who lived in remote areas far from Madinah, after embracing Islam used to send their delegations to the Holy Prophet (SAWS). These delegations used to stay at Madinah for a considerable period during which they would learn the teachings of Islam, read the Holy Quran and listen to the sayings of the Holy Prophet (SAWS).When they returned to their homes, some of them requested the Holy Prophet (SAWS) to dictate some instructions for them and for their tribes. The Holy Prophet (SAWS) used to accept this request and would dictate some directives containing such rules of Shari’ah as they most needed.

August 27, 2008

WRITTEN DIRECTIVES FOR CERTAIN DELEGATIONS


Chapter 3, Hadith & Seerah, The Authority of Sunnah

Certain Arab tribes who lived in remote areas far from Madinah, after embracing Islam used to send their delegations to the Holy Prophet (SAWS). These delegations used to stay at Madinah for a considerable period during which they would learn the teachings of Islam, read the Holy Quran and listen to the sayings of the Holy Prophet (SAWS).When they returned to their homes, some of them requested the Holy Prophet (SAWS) to dictate some instructions for them and for their tribes. The Holy Prophet (SAWS) used to accept this request and would dictate some directives containing such rules of Shari’ah as they most needed.

August 27, 2008