Summaries

Lesson 8: Services, Right People and Entrepreneurship Introduction In this article, we explore Lesson 8 of the Messenger Money Morals

Lesson 7: Trade Goods, Payment, and Payment Ethics in Islamic Finance Introduction In Islam, financial transactions follow ethical guidelines derived

Financing, Sales, and Transactions Financing vs Trading The table as follows illustrates the differences between finance and trading. Financing Trading

Time, Barakah, and Financing Introduction Time management is often considered important, and according to Mufti Faraz, “The key to taking

In part one of the second lesson in Messenger’s Money Morals, we begin by delving into one of the primary sources we will explore: Sahih al-Bukhari. This foundational text forms a cornerstone of the course, as we seek to understand how our beloved Prophet Muhammad ﷺ might and would have responded to the challenges of our modern era. Studying the history of the author is also a nod to traditional Islamic sciences, allowing us to gain blessings and renew our commitment as we engage with the vast wealth of Islamic knowledge available.

At this point in history, the pace of practical developments in society is fast surpassing their ethical framing and religious jurispudential deliberations. One clear example is how we are far from reaching consensus in determining the permissublility of cryptocurrencies and other emerging financial tools in accordance to Islam. While some scholars and religious organisations have ruled cryptocurrencies as haram (prohibited), others hold an an opposing opinion.

Through a sharing on the diversity of approaches and views from a critical lens and Islamic Juristic perspective, the notes shared aims to foster a nuanced understanding of Islamic Financial ethics within contemporary financial landscape and explore a roadmap for Muslims to navigate and thrive in the complexities of today’s economic world, empowered, and guided by maqasid and Islamic principles.