- Muslim Lifestyle
Hajj: A Complete Act of Worship
Hajj is one of the fifth pillars of Islam and is a complete act of worship as it combines material, physical, and spiritual deeds in one act of worship. Dalil on Hajj can be found in the Quran and Hadith. In the Quran, Allah ﷻ says: وَأَتِمُّوا الْحَجَّ وَالْعُمْرَةَ لِلَّهِ ۚ فَإِنْ أُحْصِرْتُمْ فَمَا اسْتَيْسَرَ مِنَ الْهَدْيِ ۖ وَلَا تَحْلِقُوا…
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Inheriting Stocks to Heirs: A Comprehensive Guide
Stocks are among investors’ most popular investment instruments. Stocks provide an opportunity for owners to own a small portion of a company and benefit through dividends and share value appreciation. Stocks, as a hedge, can offset inflation and provide higher returns than other investment instruments like deposits or bonds.Equity investments also have high liquidity, allowing shareholders to sell their stocks…
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What are the differences between Securities Crowdfunding (SCF) and Stock Exchanges?
In Indonesia’s capital markets, there are two institutions that offer investment services: Securities Crowdfunding (SCF) and the Stock Exchange. Both play an important role in connecting securities issuers with investors. Let’s explore the differences between both. 1. Definition and Mechanism Securities Crowdfunding (SCF) Securities Crowdfunding (SCF) is an alternative financing scheme that allows issuers to sell their securities in the…
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Ashura’ Fasting and Gratitude in Islam
Ashura’ fasting is a form of worship in Islam that has virtues and deep meaning for Muslims. Observed every 10th of Muharram, this fast has strong historical and spiritual roots. This article will discuss in detail the Ashura’ fast, its virtues, and how an attitude of gratitude is implemented in daily religious practice. History and Background of the Ashura’ Fast …
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What Is The Ruling on Stocks in Islam, Which Includes Halal and Haram Assets?
Investing in stocks has become a popular way to grow one’s wealth. However, for Muslims, it is important to understand the Islamic rulings on investing in stocks, especially when there is a mixture of halal and haram wealth involved. This article aims to explain the ruling on investing in stocks according to Islam, presenting the different scholarly opinions as well…
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How Islamic Securities Crowdfunding (SCF) Contributes to Environmental, Social, and Governance (ESG)
Islamic Securities Crowdfunding (SCF) is an innovative funding model that allows individuals and companies to invest in business projects through the offering of shares or bonds in accordance with Shariah principles. These principles prohibit riba, gharar, and haram business activities, creating an ethical and sustainable investment system. In addition to promoting business ethics, Islamic SCF also has the potential to…
Read More » - Islamic Economics
Investment as a Shar’i Way to Reduce Zakat, How is it Related?
Investing involves allocating money or assets held by individuals or groups with the goal of growing their wealth over time. This can be done through various investment options like stocks, bonds, real estate, or commodities. The purpose of investment is to obtain a return on assets with a higher value in the future. Investment itself is a way for a…
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Unlocking Sustenance: A Powerful Dua’ in Islam
Sustenance is a gift from Allah ﷻ bestowed upon all His creatures. In seeking sustenance, Muslims are taught to strive and pray. Therefore, a Muslim may need to know how to pray a dua’ in Islam. Here are some dua’ for opening the doors of sustenance as taught in Islam: 1. Dua’ for Abundant and Blessed Sustenance Therefore, we can…
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The Ruling on Selling the Skins of Qurban
In performing qurban, Muslims are faced with many questions about the rulings and procedures of its implementation. One of the most common questions is ‘is it permissible to sell the skin of the qurban animals?’. This question arises from the fact that the skin is one of the parts of the qurban that is difficult to process and not desirable…
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5 Business Lessons from the Story of Abdurrahman bin Auf
Abdurrahman bin Auf Radhiyallahu anhu was one of the companions of the Prophet Muhammad (peace and blessings be upon him) who was known for his strong faith and abundant wealth. His life story, especially after his hijrah to Madinah, provides many valuable lessons on how to build a business with solid Islamic principles. This article will discuss how Abdurrahman bin…
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