Marc Faber’s Bold Prediction: Both The US And Europe Will Default On Their Debt

Prohibition Of Riba – Sheikh Imran Hosein

Prohibition Of Riba – Video Part 1

Prohibition Of Riba – Video Part 2

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Dollar to be buried way before 2018 – Max Keiser

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The Importance of the Nabawi Definition of the Shari’i Dirham and Dinar

Bismillah2

By Hisham Kassim (8 Shawwal – 1430 Hijri)

Surah al-Mutaffifeen 83:1-6 (Tafsir ibn ‘Abbas from http://www.altafsir.com):


وَيْلٌ لِّلْمُطَفِّفِينَ

And from his narration on the authority of Ibn ‘Abbas that he said regarding the interpretation of Allah’s saying: (Woe unto the defrauders): (Woe) severe punishment (unto the defrauders) in weighing and measurement; this refers to the people of Madinah who used to cheat in weighing and measurement before the coming of the Prophet (sallallahu ‘alaihi wa sallam) and so this surah was revealed to the Prophet (sallallahu ‘alaihi wa sallam) on his way when he was migrating to Madinah:

ٱلَّذِينَ إِذَا ٱكْتَالُواْ عَلَى ٱلنَّاسِ يَسْتَوْفُونَ

Allah then explained who these defrauders are, saying: (Those who when they take the measure from mankind) those who, when they buy from people and weigh or measure that which they buy for themselves, (demand it full) they weigh and measure their merchandise in full,

وَإِذَا كَالُوهُمْ أَوْ وَّزَنُوهُمْ يُخْسِرُونَ

(But if they measure unto them) but when they measure for others (or weigh for them, they cause them loss) they decrease the measurement or the weight and behave very badly; it is also said that the above means: severe punishment on that day is unto the defrauders in the prayer, the poor-due, fasting and other acts of worship.

أَلا يَظُنُّ أُوْلَـٰئِكَ أَنَّهُمْ مَّبْعُوثُونَ

(Do such (men)) those who deal in fraud in weight and measurement (not consider) not know and believe (that they will be raised again) brought back to life

لِيَوْمٍ عَظِيمٍ

(Unto an awful Day) the Day of Judgement whose horrors are great,

يَوْمَ يَقُومُ ٱلنَّاسُ لِرَبِّ ٱلْعَالَمِينَ

(The day when (all) mankind stand) after emerging from the graves (before the Lord of the Worlds) the Lord of every living being who walks on the earth and the Lord of the dwellers of heaven.

When the Prophet (sallallahu ‘alaihi wa sallam) read to them this surah, they repented and started giving full weight and measurement.

The Holy Prophet (sallallahu ‘alaihi wa sallam) said, “Khilafat (Caliphate) would continue for 30 years after Nubuwwat (Prophethood) then it will change into kingship.” (Hadith related by Hakim)

It is clear from this Hadith that the most accurate weight and measurement for the Shari’i Silver Dirham and Gold Dinar were from these 40 years of Nubuwwat and Khilafat and that the surviving coinage from this era should be studied to ascertain the true Nisab for Zakat, the third pillar of Islam.

Any monetary “reforms” thereafter cannot be deemed as representative of the coinage of this golden era as they were undertaken for administrative rather than spiritual purposes, and thus do not comply with the original definition of the Shari’i Silver Dirham and Gold Dinar.

May Allah Almighty grant us victory in reinstating the Nabawi definition of the Shari’i Silver Dirham and Gold Dinar as they were really meant to be as per the golden era of Rasulullah (sallallahu ‘alaihi wa sallam) and the Rightly-guided Caliphate of Abu Bakr, ‘Umar, Uthman, ‘Ali and Hasan (radiyallahu ‘anhuma). Amiin…

Eid Mubarak 1430 Hijri

eid mubarak

We wish all our visitors Eid Mubarak with a continuous showering of blessings and guidance from Allah Almighty and may the righteous standards of the Shari’i Silver Dirham and Gold Dinar be expeditiously reinstated in accordance with the divine rulings of Zakat revealed in the second year of Hijri during the Prophethood of Rasulullah (sallallahu ‘alaihi wa sallam), Amiin…

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The Shari’i Silver Dirham: The Shield of Zakat-ul-Fitr

Bismillah2

The Shari’i Silver Dirham: The Shield of Zakat-ul-Fitr
By Hisham Kassim (5 Ramadan 1430 Hijri)

“The Holy Prophet (sallallahu ‘alaihi wa sallam) enjoined Zakat-ul-Fitr on the one who fasts to shield one’s self from any indecent act or speech, and for the purpose of providing food for the needy.” (Hadith related by Abu Dawud, Ibn Majah and ad-Daraqutni)

Muslims worldwide are obliged to pay Zakat-ul-Fitr as alms at the end of the holy month of Ramadan. It is unanimously recognized by all schools of Islamic Law as a pious duty of every Muslim man and woman, and a blessed way of following in the footsteps of the Holy Prophet (sallallahu ‘alaihi wa sallam).

The origin of this obligation can be dated to the month of Shaaban in 2 Hijri, and this mandatory giving of alms was personally carried out 9 times by the Holy Prophet (sallallahu ‘alaihi wa sallam) before he passed on in the month of Rabiulawwal in 11 Hijri.

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Ramadan Kareem

Ramadhan Karim

May the blessings of Allah Almighty be with all our visitors as we enter the holy month of Ramadan 1430 Hijri. May the real Sunnah of the Shari’i Silver Dirham and Gold Dinar be revived to bring about an honest and just value of exchange in every Halal transaction in all corners of the world as prevalent during the Prophethood of Rasulullah (sallallahu ‘alaihi wa sallam). Amiin…

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The Shari’i Silver Dirham: Reviving the Blessed Form of Mahr

Bismillah

The Shari’i Silver Dirham: Reviving the Blessed Form of Mahr

By ZARINAR (15 Shaaban 1430 Hijri)

All praise and gratitude are only for Allah Almighty. We seek guidance and forgiveness from Him. We also seek refuge in Him from the evils of our own doing. Whoever Allah guides, none can lead him astray. Whoever He leaves to go astray, none can guide him back to the right way. We testify that there is no God but Allah, and we testify that Muhammad is the servant of Allah and His Messenger.

The soul, the heart and the mind were created in a balance, in a state of fitrah or a natural state of the human being. In the Holy Qur’an, Allah Almighty says:

“… Allah has endeared Faith (Iman) to you, and has made it beautiful in your hearts …” (Surah al-Hujurat 49:7)

Central to the union of hearts, minds and souls is the oldest ‘contract’ between two people in marriage, made in the name of Allah the All-Seeing, the Witness. So critical is this contract in the building of a thriving Islamic community, i.e. by bringing families together, that the realization of this part of one’s life is equated to fulfilling half of one’s faith. And the heart knows that at the threshold of the commitment with one’s soulmate, that God the al-Wadud (the Loving) sanctions this sacred institution.

“And of everything, We have created pairs that you may be mindful.” (Surah az-Zariyat 51:49)

At the Threshold of Marriage

In the search for a relationship that brings love, trust, harmony and compassion, we refer to the Holy Qur’an (for people of understanding) and its description of marriage.

“And among His Signs is this, that He created for you mates from among yourselves, that you may dwell in tranquility with them, and He has put love and mercy between your (hearts) …” (Surah ar-Rum 30:21)

When Allah unites two partners in Islam, it is the strongest of bonds. A do’a or prayer by a couple could be as follows:

“I enter this contract, this act of worship, in the name of our Creator and Sustainer, as a servant of God. I enter this sacred institution to grow and enrich my life and that of others. My companion in this journey is one who fears Allah in all matters, and who knows his/her ultimate return is to God, the Sublime, the All-Forgiving.”

Amiin, and a very essential aspect of binding this sacred contract is the mahr.

What is the Mahr?

The mahr is a compulsory part of an Islamic marriage contract. It is a gift of money, possessions or property made by the husband to the wife, which becomes her exclusive property. It is an admission of her independence, for she becomes the owner of the money or property immediately, even if she may have owned nothing before. It is also intended as a token of the husband’s willing acceptance of the responsibility of bearing all the necessary expenses of his wife. Read the rest of this entry »

Islam, Murabaha and Fixed Deposits

Bismillah

By Shaikh Imran Hosein

From http://imranhosein.org/articles/islam-and-money/100-islam-murabaha-and-fixed-deposits.html

Islam has declared war on the moneylender who demands interest. It did so in the very last divine revelation (al-Baqarah, 2:279) to come down in the Holy Qur’an. Here is that last revelation:

“O ye who believe! Fear Allah, and give up what remains of your demand for usury (i.e., the interest due on a fixed deposit, or on any other loan on interest), if ye are indeed believers.” If ye do it not (i.e. if you persist in your claim or demand for the interest due to you), then take notice of (a declaration of) war from Allah and His Messenger: but if ye turn away (from such claim or demand), then you are entitled to the return of your capital sum (placed in the fixed deposit or otherwise lent); do not enter into (such) unjust transactions, nor allow yourselves to be subjected to such.

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Max Keiser takes offence to Goldman Sachs Oligarchy