Business
-
Islamic Crowdfunding-Based Property Financing: Concepts, Contracts, and Existing Examples
Islamic crowdfunding-based property financing is a mechanism that gathers funds from various investors to finance property projects while adhering to Sharia principles. This method has gained popularity as it offers an ethical and community-based financing alternative that aligns with Islamic values. In the context of modern economics, Sharia-compliant financing plays a crucial role in providing access to capital for individuals…
Read More » -
History of Crowdfunding from the Beginning to the 19th Century
Crowdfunding is the practice of raising funds for various types of endeavours, such as product ideas, businesses, or activities. Although it sounds modern, this practice has actually been around for centuries. The history of crowdfunding can be traced back to the past, when individuals or groups sought financial support from the community to realise their projects or ideas. This article…
Read More » -
Can Islamic Boarding Schools (Pesantren) Obtain Funding Through Securities Crowdfunding?
Securities Crowdfunding has emerged as a popular and effective method of financing in recent years. By utilising crowdfunding platforms, various projects and initiatives can secure funds from a broad audience. Islamic boarding schools, known as pesantren, can also leverage this method to support their programmes and development. However, to utilise securities crowdfunding, pesantren must comply with Indonesia Financial Services Authority…
Read More » -
Islamic Crowdfunding-Based Agrarian Financing: Concept, Akad, and Benefits
Islamic crowdfunding-based agrarian financing is an innovative solution that combines modern technology with sharia principles to support the agricultural sector. This system provides an opportunity for farmers to obtain funds without having to go through traditional financial institutions. This article aims to educate the public and farmers about the basic concepts, types of contracts used, and real examples of the…
Read More » -
Deferred Payment Gold Sales According to DSN-MUI and AAOIFI Rulings
Gold trading has been a subject of debate among Islamic scholars due to its association with strict Shariah principles on riba (usury) and gharar (uncertainty). In this context, the National Sharia Council of the Indonesian Ulama Council (DSN-MUI) and the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) have issued guidelines and fatwas on non-cash gold trading. In this…
Read More » -
How Tabdzir Can Hinder Investment
Tabdzir, or wastefulness, is one behaviour that is often overlooked in our daily lives. Tabdzir refers not only to material waste but also to time, energy, and other resources. In an economic and financial context, tabdzir can have serious consequences that hinder investment growth, both at the individual and national levels. This article will discuss how tabdzir can hinder investment…
Read More » -
How to Discipline Yourself to Consistently Invest
Investing is one of the most effective ways to achieve long-term financial goals, such as buying a house, preparing for your children’s education, or planning for retirement. However, many people struggle to consistently invest due to various reasons, ranging from a lack of knowledge to the temptation to use investment funds for other purposes. Disciplining yourself to regularly invest requires…
Read More » -
Faith, Knowledge, and Deeds: The Three Foundations of Act in Islam
Faith, knowledge, and deeds are three fundamental aspects of actions in Islam. These elements form a complementary foundation that guides a Muslim’s life. Faith is the belief that underpins all actions, knowledge illuminates the path of life, and deeds are the tangible actions reflecting one’s faith and knowledge. By understanding and practicing these three elements, a Muslim can achieve a…
Read More » -
Profits Distribution in Mudharabah & Musyarakah: Permissible with High Cash Reserves?
In the business world, especially in Islamic partnership schemes like mudharabah and musyarakah, profit distribution is a crucial aspect to consider. The question is, is it permissible to distribute profits if the company has high cash reserves but is experiencing losses? This article will discuss the important aspects of this question, from understanding mudharabah and musyarakah to the implications of…
Read More » -
The Story of Abu Bakr Radhiyallahu Anhu’s Generosity in Giving Away All His Possessions
Abu Bakr (radhiyallahu anhu) was the most honoured and respected companion of the Prophet Muhammad ﷺ in the history of Islam. He was known not only for his strong faith, but also for his extraordinary generosity. One of the most inspiring stories from his life is when he gave away all his wealth in the cause of Allah ﷻ. This…
Read More »