Muslim Lifestyle
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Concept of Wakaf Sukuk in Islamic Economics
Waqf is a crucial pillar in the Islamic economic system that serves as a social instrument for wealth and welfare distribution. Traditionally, waqf has been used in Muslim societies to support various social projects such as building mosques, schools, and hospitals. However, as times have progressed, the concept of waqf can now be applied in various forms, one of which…
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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…
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Khilafatul Ardh: Bridging Faith and Finance
In an increasingly interconnected world, where faith and finance often seem to exist in separate realms, the concept of Khilafatul Ardh offers a compelling synthesis. This Islamic framework combines the spiritual principles of stewardship with modern economic practices, emphasizing the importance of ethical financial growth. By blending religious tenets with economic strategies, Khilafatul Ardh seeks to empower communities, ensuring both…
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Islamic Investment Education for Married Couples: Is It Important?
Introduction In today’s challenging economic era, financial literacy has become increasingly important, especially for married couples. Islamic investment education is a key aspect of financial literacy that can help couples work together to achieve their long-term financial goals in accordance with Islamic principles. Islamic investments are not just about seeking profits but also about ensuring that every financial decision aligns…
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Leverage and Why Crowdfunding Can Deliver It
In the world of finance, leverage and crowdfunding are two concepts that play an important role. Leverage refers to the use of borrowed funds to increase the potential return on an investment, while crowdfunding is a method of raising funds from a large number of people to finance a project or venture. This article aims to educate the general public…
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Silaturrahim and Crowdfunding: Combining Tradition with Technology
Silaturrahim is an important tradition in our culture that emphasises the importance of maintaining good relationships with family, friends and the community. In today’s digital era, this concept can be applied in various aspects of life, including in crowdfunding activities. This article will discuss how silaturrahim and crowdfunding can work together, and provide a practical guide to utilising both for…
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Securities Crowdfunding and its Effect on Strengthening the Muslim Communities
Securities crowdfunding is one of the financing methods that is growing rapidly in this digital era. It allows many people to invest in a project or business through an online platform. For the Muslim community, understanding and utilising securities crowdfunding can be an important step towards improving economic prosperity and independence. What is Securities Crowdfunding? Securities crowdfunding is a way…
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The Concept of Thoyyib Eating in Islam
Food is a basic human need that serves as a source of energy and nutrition. In Islam, the concept of “thoyyib” food is highly emphasised. Thoyyib comes from Arabic which means clean, healthy, and good quality. Thoyyib food not only fulfils health standards but also conforms to religious and ethical teachings. Many texts in the Qur’an and Hadith emphasise the…
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The Power of Knowledge: Achieving Success in This World and the Hereafter
Knowledge is one of the most important aspects of human life. In Islam, knowledge holds a very high status and is encouraged to be sought from cradle to grave. This article will discuss how knowledge can be the key to honor in both this world and the hereafter, as well as how we can practice and derive maximum benefit from…
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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. …
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