lesson of akhlaq
- Muslim Lifestyle
Balance Between Worldly Life and Hereafter According to Prophet Muhammad ﷺ
In everyday life, achieving balance between worldly life and the hereafter is a central principle taught by Prophet Muhammad ﷺ. He demonstrated how Muslims should live a life with full responsibility towards worldly needs while not neglecting spiritual duties and the afterlife. This article will discuss how Prophet Muhammad ﷺ applied this balance in his life and how we can…
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The Benefits of Morning and Evening Dhikr in Islam
Morning and evening dhikr is one of the recommended acts of worship in Islam. Dhikr means remembering Allah through certain phrases taught by the Prophet Muhammad. With dhikr, a Muslim can feel the presence of Allah in every aspect of his life. The following are some of the benefits of morning and evening dhikr based on the Quran and Hadith. …
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How to Analyse Loss Sharing in a Musyarakah Contract from the Income Statement
The musyarakah contract is one of the important instruments in Islamic finance, allowing two or more parties to share capital and risks in a business venture. This article aims to explain how to view and understand how losses are shared in a musyarakah contract through the income statement. We will also include an example of an income statement and detailed…
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Part-2: Islamic Private Equity: What Contracts Are Used
In the world of Islamic finance, private equity plays an important role as an investment instrument that offers potential profits through equity participation in companies that have not gone public. Islamic private equity operates under the principles of sharia in every transaction, including in the selection of contracts used. In the first part of the discussion, we discussed the contracts…
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Islamic Private Equity: What Contracts Are Used?
Islamic private equity operates under the principles of sharia in every transaction, including in the selection of the contracts used. These contracts not only ensure compliance with Islamic law and fulfil different financing needs, but also support the principles of fairness and profit sharing in the transaction. In Islamic finance, private equity plays an important role as an investment instrument that…
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Ashura’ Fasting and Gratitude in Islam
Ashura’ fasting is a form of worship in Islam that has virtues and deep meaning for Muslims. Observed every 10th of Muharram, this fast has strong historical and spiritual roots. This article will discuss in detail the Ashura’ fast, its virtues, and how an attitude of gratitude is implemented in daily religious practice. History and Background of the Ashura’ Fast …
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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…
Read More » - Muamalah Fiqh
The Story of Prophet Ibrahim in the Law of Qurban (Sacrifice)
Prophet Ibrahim Alaihissalam is a significant figure in Islamic history. He is known as “Abul Anbiya” or the “Father of Prophets” because many prophets are his descendants, including Prophet Ismail (peace be upon him) and Prophet Muhammad ﷺ. One of the most famous and influential stories of Prophet Ibrahim (peace be upon him) is the story of his sacrifice, which…
Read More » - Islamic Economics
Character of a Successful Muslim Entrepreneur
The character of a good Muslim Entrepreneurs is one that can support the sustainability of the business as our role model Prophet Muhammad ﷺ who has good characters and role models in trading or entrepreneurship such as Shidiq, Amanah, Tabligh, and Fathonah. In a business or entrepreneurship, be it trade, investment, or other types of entrepreneurship, as a Muslim, of…
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Why Should We Use Sharia Contract in Muamalah?
With a long history that dates back to Prophet Muhammad’s involvement in commerce at a young age, his example continues to serve as a model for ethical and successful business practices guided by Islamic principles. The concept of entrepreneurship is not a new concept, it has existed since the time of the Prophet Muhammad. Rasulullah himself is a very good…
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