Messenger’s Money Morals Lesson One
The first lesson, “Introduction and Revealed Guidance Navigation,” delves into the foundational sources of Shariah in Islamic finance, highlighting the Qur’an, Sunnah, and Ijma’ as key elements. The lesson explains how these sources guide the principles of Islamic finance, ensuring alignment with Shariah values such as fairness, justice, and ethical integrity. It emphasizes the importance of understanding the Sunnah, which includes the verbal, physical, and tacitly approved practices of Prophet Muhammad صلى الله عليه وسلم, to maintain the moral and legal standards in Islamic finance. By adhering to these principles, Islamic finance promotes a sustainable and just economic system that benefits both individuals and communities.
Umdatus Salik #2 : The buyer and the seller
The summary for this paragraph in the book The Reliance of the Traveller (عـمـدة الـسـالـك و عـدّة الـنـاسـك) offers an easy-to-understand overview of Islamic sale transactions, particularly on the aspect of the buyer and the seller. It explains the key requirements for a transaction to be valid, such as the importance of maturity, sanity, and consent. The notes highlight situations where transactions are not allowed, like those involving minors, individuals with mental challenges, or selling religious items like the Qur’an to non-Muslims. It also touches on specific rules for transactions involving slaves and when coercion might be justified in legal settings. Overall, it provides a clear and practical guide to navigating Islamic financial transactions with integrity.
Umdatus Salik #1 : The Concept of Sale in Islam & The Spoken Offer and Acceptance
“The Reliance of the Traveller” by Imam Naquib Al Misri is a foundational Shafi’i Fiqh text, guiding Muslims in spiritual living and legal transactions, emphasizing ritual worship and lawful sales. It elucidates six components of valid transactions, including spoken offers and acceptances.
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Hadith on Riba #1
The Prophet Muhammad (ï·º) said: “Avoid the seven major destructive sins.” The people enquired, “O Allah’s Messenger (ï·º)! What are
Hadith on Riba #2
Theme: The dangers and prohibition of riba’ The Prophet Muhammad (ï·º) said: This night, I dreamt that two men came
Hadith on Riba #3
Theme: The Dangers and Prohibitions of Riba The Prophet ï·º cursed those who: Practice tattooing Get tattooed Devour Riba (take)
Hadith on Riba #4
Theme: The Dangers and Prohibitions of Riba The Prophet (ï·º) said: “There is no one that will have more (gain/increase
Hadith on Riba #5
Theme: The Dangers and Prohibitions of Riba The Prophet (ï·º) said: “There are seventy-three doors of Riba, and the lowest
Hadith on Riba #6
Theme: Description and types of Riba The Prophet (ﷺ) said: “(The exchange of) gold for gold is Riba, except if
Hadith on Riba #7
Theme: Description and types of Riba The Prophet (ï·º) said: “The exchange of [1] gold for gold, [2] silver for
Hadith on Riba #8
Theme: Description and types of Riba The Prophet (ï·º) said in his farewell pilgrimage: “Lo, all claims to Riba of
Hadith on Riba #9
Theme: Other Business Transactions That Are Considered Riba The Prophet (ï·º) said: “When you enter into the ‘inah transaction, (and)
Hadith on Riba #10
Theme: Other Business Transactions That Are Considered Riba The Prophet (ï·º) said: “Every loan that brings about a benefit is
Hadith on Riba #11
Theme: Other Business Transactions That Are Considered Riba The Prophet (ï·º) said: “It is not permissible to have (contract in)
Hadith on Islamic Finance #12
Theme: The Virtue of Merchant & Business The Prophet (ﷺ) said: “Indeed the merchants will be resurrected on the Day
Hadith on Islamic Finance #13
Theme: The Virtue of Merchant & Business The Prophet (ï·º) said: (The value of) an action depends on the intention
Hadith on Islamic Finance #14
Theme: The Virtue of Merchant & Business It was narrated by Abu Hurairah that the people (during his time) said,
Hadith on Islamic Finance #15
Theme: The Virtue of Merchant & Business The Messenger of Allah (ﷺ) said: “Whoever enters the marketplace and say: لاَ
Hadith on Islamic Finance #16
Theme: The Virtue of Merchant & Business Allah’s messenger (ﷺ) said: “May Allah have mercy be on a men who
Hadith on Islamic Finance #17
Theme: The Virtue of Merchant & Business Allah’s messenger (ﷺ) said: “Riches does not mean having a great amount of
Hadith on Islamic Finance #18
Theme: The Virtue of Merchant & Business Allah’s messenger (ﷺ) said: “The buyer and the seller have the option of
Hadith on Islamic Finance #19
Theme: The Virtue of Merchant & Business Allah’s messenger (ﷺ) said: “By the being in whose hand is my life,
Hadith on Islamic Finance #20
Theme: The Virtue of Merchant & Business Allah’s messenger (ﷺ) said: “O people of trade! Indeed the Shaitan and sin
