Category: Business

Seven Perils of Consumerism

Seven Perils of Consumerism

When you flip flyers, search aisles and wait in checkout lines, you lose precious time. When you own a bigger house, an extra car and more appliances, you organize more, clean more, repair more—and lose more precious time. Consumerism steals your time to relax with family, engage in worship or help the community…

Price Control in Islam

Price Control in Islam

In Islam the market is to be free and permitted to respond to the natural laws of supply and demand. Thus, when the prices became high in the Prophet’s time and people asked him to fix prices for them, he replied, Allah is the One Who fixes prices, Who withholds………

Rules of guarantee

Rules of guarantee

Dhaman in Islamic law means “to meet someone else’s obligation and to maintain a guarantee for that.” This is similar to stating, “whatever you gave so-and-so will be on me.” Dhaman is permissible as indicated in the Qur’an, Sunnah and by ijmaa………

Honesty in Monetary Dealings

Honesty in Monetary Dealings

Uprightness and honesty in monetary dealings forms a vital part of the fundamental teachings of Islam, says Moulana Manzoor Naomani. The Qur’an as well as the Traditions of...

Money Matters from Qur’an and Hadith

Money Matters from Qur’an and Hadith

On Interest “Allah will deprive usury of all blessing, but will give increase for deeds of charity” (Quran 2: 276). Narrated Jabir ibn Abdullah(r.a.): Allah’s Messenger(sallallahu alaiyhi wasallam) cursed...

Virtues of Trade &?Business

Virtues of Trade &?Business

Author: Sheikh Zakariyyah CHAPTER ONETHE CHAPTER ON HALAAL EARNINGS It is reported in a Hadeeth that to acquire halaal earnings is a duty incumbent upon Muslims. This duty...