Muamalah Fiqh
-
Emotional Marketing: Using Feelings to Boost Your Brand
Emotional marketing uses emotional triggers to connect with consumers, fostering deep connections and building loyalty. Emotions often drive purchase decisions, and when brands create a genuine emotional response, consumers feel more engaged and inclined to return. Here are some key strategies in emotional marketing that help brands enhance customer engagement and loyalty: 1. Creating Urgency with FOMO Fear of Missing…
Read More » -
Halal JasTip: A Shariah Guide
Personal shopper services, known as “jastip,” have become a convenient solution for people looking to purchase items from distant locations without having to travel themselves. However, it is essential to understand the terms and conditions, or contracts, involved in this business to ensure that transactions align with Islamic principles. This article will discuss how contracts in jastip work according to…
Read More » -
Islamic Ruling on Mudharib (in Mudharabah) Taking Profits Before the Final Calculation
Mudharabah is a form of partnership in Islamic economic systems involving two main parties: the capital provider (shahibul maal) and the entrepreneur or manager (mudharib). The capital provider supplies the funds, while the mudharib manages the business using those funds. Profits are shared according to a pre-agreed ratio, while losses are borne by the shahibul maal, except when losses occur…
Read More » -
Does Mudharabah fit All Business Funding?
In the world of Islamic finance, Mudharabah is known as a contract where one party provides capital, and the other party offers expertise and manages the business. Profits generated are shared between the two parties based on an agreed ratio, while losses are borne entirely by the capital provider. While Mudharabah has its merits, especially in promoting ethical and fair…
Read More » -
The Sharia Law of Collateral in Mudharabah
Mudharabah is a form of cooperation in Islamic economics that involves two parties: the capital owner (shahibul maal) and the business manager (mudharib). Under this contract, the capital owner provides the business manager with capital to run the business, and they agree to share the profits according to the agreed ratio. On the other hand, if there is a loss,…
Read More » -
Islamic Inheritance Planning Principles and Strategies
Inheritance planning is a crucial aspect of a Muslim’s life, ensuring that one’s assets are distributed according to Sharia principles after death. In Islam, the distribution of inheritance is clearly outlined in the Quran and Hadith. This not only ensures justice and balance but also fulfills the goals of maqasid al-sharia, which include preserving religion, life, intellect, lineage, and wealth. …
Read More » -
Can Sukuk Become a Crypto?
Sukuk, often referred to as Islamic bonds, are financial instruments that comply with Sharia principles. On the other hand, crypto refers to digital currencies operating on decentralised blockchain technology. This article explores whether sukuk can be integrated with cryptographic technology to create a new financial instrument. Definition and Characteristics of Sukuk Sukuk are securities representing ownership in an asset or…
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 » -
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 »