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Umrah and Sadaqah? Which one is Better?
In the life of a Muslim, both umrah and sadaqah are highly recommended practices. However, in the midst of difficult social conditions, where many people are in need of help, the question arises: Which is better, performing Umrah or giving sodaqah? This article will discuss a comparison between the two in light of current conditions. The Virtue of Umrah Umrah…
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Types of Mudharabah in Islamic Finance
Mudharabah is a pivotal concept in Islamic finance, representing a distinctive partnership structure. In this arrangement, one party, known as the shahibul maal, provides the capital, while the other party, referred to as the mudharib, contributes their expertise and effort to manage the business. The profits generated from this partnership are shared according to a predetermined ratio. Meanwhile, any losses…
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Sukuk: A Solution for Companies from Debt
In the business world, corporate debt often serves as a tool to finance expansion and operations. However, excessive debt can burden companies with heavy financial obligations and increase the risk of bankruptcy. Failure to manage debt effectively can lead to credit rating downgrades, increased borrowing costs, and even insolvency. Therefore, it is crucial for companies to find safer and more…
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The Importance of Learning Inheritance Law (Faraidh) in Islam
Islamic inheritance law is a branch of jurisprudence that deals with the division of a deceased person’s estate among their heirs. This field plays a crucial role in both social and religious contexts, ensuring that the distribution of wealth is conducted fairly and in accordance with Islamic legal principles. This article explores the objectives and practical benefits of studying Islamic…
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How Islamic Securities Crowdfunding Conducts Sharia Stock Screening
Technology-based securities crowdfunding has become a crucial innovation in supporting small and medium enterprises’ financing. In Indonesia, this mechanism is regulated by the Financial Services Authority (OJK), which also provides specific guidelines to ensure compliance with Sharia principles. This article will explain how Islamic securities crowdfunding conducts Sharia stock screening based on the applicable regulations. Mechanism of Sharia Stock Screening…
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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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6 Good Deeds in the First 10 Days of Dzulhijjah Month
The month of Dzulhijjah is a very special month in the Islamic calendar, because it contains various major acts of worship such as Hajj and sacrifice. The virtues of this month are confirmed in the Hadith. The Prophet Muhammad (peace and blessings be upon him) said: مَامِنْ عَمَلٍ أَزْكَى عِنْدَ اللهِ عَزَّ وَجَلَّ، وَلَا أَعْظَمَ أَجْرًا مِنْ خَيْرٍ يَعْمَلُهُ فِيْ…
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Tips for Maintaining The Spirit of Ramadan While Travelling
1. Guidelines for Worshipping While Travelling: Is it Better to Fast or Break the Fast While Travelling? When travelling, there is a consideration between fasting or breaking the fast. Some scholars are of the opinion that if the journey is not too tiring and does not interfere with worship, then it is better to keep fasting. However, if the journey…
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