Q & A on Fiqh of Transactions

Fiqh of transactions is one of the topics in Islamic jurisprudence. Learning fiqh of transactions is exciting. It teaches us on how to make a ‘real deal’ with people in daily life activities such as buying, selling, leasing, sharing etc.

Umar Ibn al-Khattab (may Allah be pleased with him) said:

“No one should sell in our markets except one who has understanding in the religion.” [Al-Tirmidhi]

If you have any questions related to fiqh of transactions, please let me know by sending your private message or leaving your comment here.

Jazakumullahu khayra.

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Zakah: Islam’s Response to Poverty

Zakah: Islam’s Response to Poverty

[The original posting can be found at: http://alnaqiy.com/article/zakah-islams-response-to-poverty/]

In Islam, zakah is third to the declaration of faith in Allah and His Messenger and the five daily prayers. Islam introduces zakah as a response to social concerns towards the poor and the determination to address poverty.

One of the objectives of zakah distribution is to provide an adequate and suitable standard of living and to help Muslims remain above the level of poverty. It is meant to assist asnaf (recipients) to achieve a better quality of life and in turn become a contributor for the well being of others.

When someone gives zakah, he or she has to ensure that the recipients are one of those who are eligible to receive zakah. There are eight recipients of zakah. Allah defines in Surah al- Tawbah: [click to continue…]

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Bahagian Awak, Milik Saya

Susulan daripada artikel sebelum ini, dalam kuliah yang sama, Ustaz menceritakan satu kisah lain. Kisah benar juga.

Satu kisah bagaimana abang sulung memaksa adiknya supaya menerima pembahagian harta pusaka secara sama rata. Adiknya tidak bersetuju, tetapi mengalah dan menerima kerana terpaksa. Akhirnya mereka tidak bertegur sapa selama 3 tahun.

Pada satu hari, abang sulung menghadiri kuliah faraid yang disampaikan oleh Ustaz tersebut dan dia menyedari kesilapannya. Dia meminta nasihat dan Ustaz itu menyarankan supaya pergi meminta maaf dan mengakui kesilapannya yang lalu. Memang susah jika abang sulung hendak pergi meminta maaf kepada adik. Umpama seorang bos yang hendak mengakui kesilapan diri dan meminta maaf kepada kakitangannya. Sanggupkah. Ujar Ustaz itu lagi sambil tersenyum melihat ke arah hadirin.

Tetapi itu yang terjadi. Abang sulung memberanikan diri, pergi berjumpa dengan adiknya dan memohon maaf. Alhamdulillah, adiknya terbuka hati memaafkan abangnya, bahkan dia juga menghalalkan bahagian harta pusaka yang sepatutnya menjadi miliknya dahulu.

Wallahua’lam.

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Semua Bahagian Saya Untuk Abang

Dalam satu kuliah faraid, seorang Ustaz menceritakan satu kisah yang menyentuh hati. Kisah benar. Seorang ayah meninggal dunia (emak telah lama meninggal dunia). Dia meninggalkan dua orang anak; abang sulung dan adik perempuan, dan wang sebanyak contoh RM100k.

Dalam permasalahan ini, anak lelaki akan mendapat 2 bahagian dan perempuan 1 bahagian. Abang sulung hendak membahagi harta sama rata. Tetapi adik perempuan tidak bersetuju.

Para jemaah yang mengikuti kuliah berasa hairan, kenapa dia tidak mahu, sedangkan dia akan mendapat lebih, melebihi bahagian asal.

Apabila abang sulung bertanya, adik perempuan menjawab: “saya sudah mempunyai suami. Bahkan jika boleh, saya hendak memberikan kesemua bahagian saya kepada abang, kerana abang telah menjaga saya sejak dari kecil sehingga saya besar.” Mengalir air mata abang.

Wallahua’lam.

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My Teacher and Me 16

flyingbird

How do you justify to buy stock at market price?

3 Steps:

  1. Look at the counter PE
  2. Look at the counter votality
  3. Look at the chart and study

My Teacher and Me 15

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My Teacher and Me 15

cutlosses

Rules for taking stock market losses: “The first step is to accept that stock market losses are inevitable. They cannot be avoided but they can be managed and minimized. Investors must be mentally prepared to take losses as necessary without procrastinating, rationalizing or bending their own selling / loss cutting rules.” – Slav Fedorov

My Teacher and Me 14

Picture: flickr (GotCredit)

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