Forgot your password? Get help. About Us. Password recovery. Home Islam Ramadan How many rakat in Taraweeh prayer 8 or 20? Islam Ramadan. Table of Contents. Does the coronavirus vaccine break the fast?
Does watching Porm break the fast? Contact Us. I agree to the terms and conditions. Follow us. You might also like. UAE reports 66 Covid cases, 92 recoveries. It pays fixed rates of profits at regular intervals, and then when the certificates mature, normally after 3 or 5 years, it pays the principal and any profits, but it deducts zakah.
Is this way of investment acceptable from the Islamic point of view? The problem with such schemes is that it is often difficult to put them in a business format. Does the government issue these certificate as merely a documentation of borrowing? In other words, are they bonds certifying indebtedness? Or, are they a token of investment? If the government says the latter, it is well known that a government is not engaged in business which brings in profits. At the same time, the government undertakes projects which have an effect on trade and business, facilitating prosperity, and bringing in more government income.
But this income does not come directly from such projects, it is an indirect effect. Thus, there can be no question of profit sharing in such an investment. Hence, the government must give a fixed rate. On the other hand, if the certificates are bonds, then those who buy them are at a difficult position, because they are lending their money to the government and receiving more than the capital they give. In a loan transaction, the lender cannot get more than the amount he lends.
Thus, you shall commit no wrong, nor suffer any wrong yourselves. To explain, the repentance referred to here is repentance of having engaged in usury. The regret should be coupled with getting back only the principal. To sum up, if the transaction is one of giving a loan, guaranteed by bonds, then the profit given is usurious, which means that it is forbidden. If it is an investment, the government may decide a fixed rate of profit to make it more convenient for people.
Most people cut some of their hair short when they have completed the other duties of Umrah in order to release themselves from consecration. Please explain. A woman cuts a small part of her hair by about an inch. A man has the choice.
0コメント