Business
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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…
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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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How Mudharabah Akad Works in Sukuk Issuance
The Islamic capital market is one of the innovations in the field of Islamic finance that presents Islamic contracts and values in capital practices and transactions in the capital market. One of the innovations in securities issuance in the Islamic capital market is sukuk. Sukuk itself is defined based on the fatwa of the National Sharia Council of the Indonesian…
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Murabaha an Islamic Procurement Financing Solution
In the business world, the need for financing for the procurement of goods and services is very important. A financial system that complies with sharia principles is an urgent need, especially for Muslim communities that want to ensure their financial activities are free from riba (interest) and gharar (uncertainty). One of the popular forms of financing in the Islamic financial…
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Sharia-compliant Entrepreneurship Concept
According to (Razak, 2018) states that Islamic entrepreneurship is a system, process, and practice in running a business in an Islamic way. Islam in question includes the way of life al-deen, namely all activities needed by Muslims in living life. Meanwhile, according to (Ibn Khaldun, 2001), sharia entrepreneurship is an effort to obtain and increase income by developing property own.…
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Definition of Gharar and Examples of Gharar in Transactions
In the realm of Sharia-compliant business transactions, we approach each deal with utmost caution, ensuring a thorough review of terms and conditions before finalizing any agreement. One of the things that is prohibited in sharia transactions is to contain elements of Gharar. This is because gharar is an element that can cause losses to one party or both, for this…
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What Can We Learn From Prophet Muhammad ﷺ’s Success as An Entrepreneur?
The life of Prophet Muhammad ﷺ is a perfect example of leadership that blends spiritual values with worldly skills. Apart from being a messenger of Allah, he was also an accomplished entrepreneur. In the Islamic view, the values of entrepreneurship can be drawn from various aspects of the Prophet Muhammad ﷺ’s life, ranging from business strategies to ethics in trading. Here…
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