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Marriage

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It means a contract that permits a sexual pleasurable relationship between man and wife in the legitimate way.

Endowment

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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.

Conditions of Borrowing

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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.

Borrowing

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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).

Conditions of Hire

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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

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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).

Surety

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The Arabic term rahn, which means ‘surety’, is defined as giving something of value as security for a debt.

Loans

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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.

Types of Usury

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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.

Usury

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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).

Purchase by installments

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This refers to a sale where the price of what is purchased is being paid in instalments at specific dates or times.

Commercial Transactions

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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).

Dhimmah and jizyah

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Linguistically speaking, the Arabic term dhimmah means pledge, security or warranty. The dhimmah pledge means, in Islamic terminology, leaving some unbelievers alone and protecting them in return for their payment of jizyah and abiding by the Islamic rules that apply to them.

Salutation on Prophetﷺ‎ (Durood) in 1st tashahhud or sit idle if imam takes too long?

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Salutation on Prophetﷺ‎ (Durood) in 1st tashahhud or sit idle if imam takes too long? Assim al hakeem

Can we make wudu or ghusl with water that is colored with rust, mud, flowers etc?

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Can we make wudu or ghusl with water that is colored with rust, mud, flowers etc? - Assim al hakeem.

Can a woman pray under the sky without any roof, out in the open?

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Can a woman pray under the sky without any roof, out in the open? - Assim al hakeem.

Ruling on being an Agent / Middlemen & making profit on products you don't possess

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Ruling on being an Agent / Middlemen & making profit on products you don't possess - Assim al hakeem.

The person who has never had a headache is a person of hellfire, is this authentic?

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The person who has never had a headache is a person of hellfire, is this authentic?- Assim al hakeem.

Most of our relatives are Sufis, Mother asks me to burn incense on Mondays & Thursdays, can I?

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Most of our relatives are Sufis, Mother asks me to burn incense on Mondays & Thursdays, can I?

Caste System in Islam

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Caste System in Islam & Marrying Sayed - Assim al hakeem

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