Then the imam says silently a'udhu billahi min al-Shaytan al-Rajim (i.e. ‘I seek shelter with Allah against Satan, the accursed.’) He then recites the Qur’an aloud, reciting after al-Fatihah Surah Al Al'ala (87) in the first rak'ah and Surah Al Ghashia (88) in the second, as it is reported by Jabir ibn Samurah that the Prophet (peace be upon him) did that
Description of Eid prayer: The Eid prayer consists of two rak'ahs, similar to the Friday prayer, In the first rak'ah and after the Takbeer (glorification), Allah-u akbar, and the opening supplication, the same after that, al-Fatiha and another surah are recited glorification of takbeer is repeated seven more times, after that, al-Fatiha and another surah are recited . In the second rak'ah the same takbeer is repeated five times, other than the takbeer for standing up from sujood before reciting al-Fatihah. This is based on the hadith.
It is recommended to start the Eid al-Adha prayer at the beginning of its time range and to delay the Eid al-Fitr prayer because the Prophet (peace be upon him) did that. People need to attend to their sacrifice after the prayer at Eid al-Adha, while the delay in Eid al-Fitr prayer helps a person who has not yet paid Zakat al-Fitr to pay it, as it must be paid up to immediately before the prayer.
The Eid prayer becomes due at the time when the Sunnah prayer known as Duha is due, which means it starts when the sun has risen in the sky about one spear’s length. This is when the Prophet (peace be upon him) and his successors used to offer it, and prior to the sun being at that height, prayer is discouraged.
Endowment means dedicating something that can give benefit, while retaining ownership of it, in order to gain reward from Allah. This means that the principal is retained, but the yield is given freely.
The borrower and the person lending the article should be qualified to take such an action, and the borrowed article should be owned by the person lending it.
To borrow means to gain the benefit of something, but it remains intact. Borrowing is lawful and encouraged in Islam because it is implied in Allah’s order: ‘Help one another in furthering righteousness and piety’ (5: 2).
Ijaarah means a contract to obtain a known benefit in an ongoing arrangement for a specific period from a known or described object, or a contract to get some specific work for a specified remuneration.
Partnership (Sharikah) means joining two properties together so that they cannot be separated. In Islamic contexts it means ‘having joint rights or actions’.This includes the rights to inheritance, will, or a gift that gives shares of benefit or ownership. This is also called ‘partnership in ownership’.Allah says: ‘Thus do many partners wrong one another, except for those who believe and do righteous deeds’ (38: 24) and ‘If there be more, then they shall share in one-third’ (4: 12).
A loan is money given by one person to another to be returned later in the same amount, so as to benefit the recipient only. It is legitimate, as is clearly stated in numerous Qur’anic verses and Hadith.
One: Riba al-Fa l (i.e. an increase in quantity). This means that the two items exchanged in a particular deal are of the same type but the quantity of one of them is more than the other.
Two: Riba al-Nas’ah (i.e. increase for a delay). This refers to an additional quantity of one of the exchanged items in return for delayed payment, or in return for delayed possession in the sale of two kinds that share the reason applicable to Riba al-Fadhl when one of them is not money.
Definition and Ruling: The Arabic term riba, which means ‘usury’, originally means ‘increase’. In Islamic usage it means ‘an increase in one of the two exchanged items without a compensation to offset this increase. Allah says: ‘Allah has made trade lawful and usury forbidden’ (2: 275).
Essentials: A sale has three essentials: parties, subject of sale, and a formula.Witnesses: To have witnesses to a sale is recommended, but not obligatory. Allah says: ‘Have witnesses when you make business deals’ (2: 282).
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