islamix finance

  • Muslim LifestyleThe Moral, Health, and Social impact of Ramadan Fasting 

    The Moral, Health, and Social impact of Ramadan Fasting 

    In the Al-Quran surah Al Baqarah verse 183 states about obligation fasting.  يٰٓـاَيُّهَا الَّذِيۡنَ اٰمَنُوۡا كُتِبَ عَلَيۡکُمُ الصِّيَامُ کَمَا كُتِبَ عَلَى الَّذِيۡنَ مِنۡ قَبۡلِکُمۡ لَعَلَّكُمۡ تَتَّقُوۡنَۙ ‏ ١٨٣  “O people who believe! It is obligatory upon you to quickly as it was obligatory upon those before you so that you may be righteous,”  The objective of fasting is mandatory For…

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  • Islamic FinanceThe Eight Categories of Asnaf: Who Qualifies for Zakat Distribution? 

    The Eight Categories of Asnaf: Who Qualifies for Zakat Distribution? 

    Zakat, one of the five pillars of Islam, is a mandatory charitable contribution that purifies wealth and benefits those in need.   In the Quran, Allah said: “Zakāh expenditures are only for the poor and for the needy and for those employed for it1 and for bringing hearts together [for Islām] and for freeing captives [or slaves] and for those in debt…

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  • BlogTips for Maintaining The Spirit of Ramadan While Travelling

    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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  • Muslim LifestyleNuzulul Quran: Important Lessons from the First Revelation of the Quran in Ramadan 

    Nuzulul Quran: Important Lessons from the First Revelation of the Quran in Ramadan 

    Nuzulul Quran, the event marking the descent of the first revelation upon Prophet Muhammad (PBUH), signifies the beginning of the Islamic message. This momentous occasion is immortalized within the Quran itself, in Surah Al-Baqarah verse 185:  (The month of) Ramadan is the [one] in which the Quran was sent down as a guidance for the people and clear proofs of…

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  • Muslim LifestylePractical Guide to Zakat Fitrah 

    Practical Guide to Zakat Fitrah 

    Zakat fitrah is one of the obligations for Muslims that must be carried out before the Eid al-Fitr holiday. Zakat-ul-Fitr plays an important role in cleansing the wealth and soul as well as helping those in need of food on Eid. In this guide, we will discuss the details of Zakat Fitrah, including the evidence from the Quran and Hadith…

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