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Ijarah, (Arabic: الإجارة, al-Ijārah, "to give something on rent" [1][2] or "providing services and goods temporarily for a wage" [3] (a noun, not a verb)), is a term of fiqh (Islamic jurisprudence) [1] and product in Islamic banking and finance. In traditional fiqh, it means a contract for the hiring of persons or renting/leasing of the ...
t. e. Islamic economics (Arabic: الاقتصاد الإسلامي) refers to the knowledge of economics or economic activities and processes in terms of Islamic principles and teachings. [ 1 ] Islam has a set of special moral norms and values about individual and social economic behavior.
e. Islamic banking, Islamic finance (Arabic: مصرفية إسلاميةmasrifiyya 'islamia), or Sharia-compliant finance[ 1 ] is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic finance include mudarabah (profit-sharing ...
Muamalat (also muʿāmalāt, Arabic: معاملات, literally "transactions" [1] or "dealings") [2] is a part of Islamic jurisprudence, or fiqh. Sources agree that muamalat includes Islamic "rulings governing commercial transactions" [3] and Majallah al-Ahkam al-Adliyyah). [4][Note 1] However, other sources (Oxford Islamic Studies Online, [2 ...
These products—and Islamic finance in general—are based on Islamic commercial contracts (aqad i.e. a commitment between two parties) and contract law, [ 61 ] with products generally named after contracts (e.g. mudaraba) though they may be combinations of more than one type of contract. [ Note 5 ]
Syekh Jumadil Qubro. Family. Syekh Maulana Ishaq (brother) Malik Ibrahim (died 7 April 1419), also known as Sunan Gresik or Kakek Bantal, was the first of the Wali Songo, the nine men generally thought to have introduced Islam to Java. [1]: 241. His habit of placing the Qu'ran on a pillow led to him receiving the nickname Kakek Bantal (lit.
Abuya. Haji Ashaari Mohammad (30 October 1937 – 13 May 2010 [1]) was the leader of the Malaysian Islamic group Al-Arqam, which gained prominence in the 1980s and early 1990s. On 21 October 1994, the Malaysian federal government banned Al-Arqam, citing concerns over its teachings and activities. Ashaari, along with other members of the group ...
In Islam, morality in the sense of "non practical guidelines" [1] or "specific norms or codes of behavior" for good doing (as opposed to ethical theory) [2] are primarily based on the Quran and the Hadith – the central religious texts of Islam [3] – and also mostly "commonly known moral virtues" [4] whose major points "most religions largely agree on". [1]