"I DEAL: An Introduction of Islamic Transactions"
ENI DEAL: An Introduction of Islamic Transactions
""I DEAL: An Introduction of Islamic Transactions" is a concise, informative guide published by the Osoul Center in cooperation with the Cooperative Office for Islamic Propagation in Rabwah. Across 28 pages, the book aims to provide a clear and comprehensive overview of the concept of wealth and commerce from the perspective of Islamic Sharia. It explores the Islamic economic model, highlighting the fundamental principles of trade, prohibited practices to avoid, the pillars of financial transactions and the regulations governing Muslim traders, serving as a reference that bridges authentic jurisprudence with contemporary practical application."
The book "I DEAL: An Introduction of Islamic Transactions" published by the Osoul Center in cooperation with the Cooperative Office for Islamic Propagation in Rabwah and officially cataloged under deposit number (1442/959) at the King Fahd National Library, serves as an essential, modern and well-structured educational guide designed to introduce readers to the foundations and philosophy of the Islamic financial system and the principles of transaction jurisprudence. The book begins by establishing the Muslim's perspective on wealth and finance, viewing it as a means to build the earth and achieve social justice rather than an end for monopoly. It then transitions to explaining the nature of trade, buying, and selling, emphasizing that the default state in commercial transactions is permissibility and lawfulness. Furthermore, it dedicates a clear portion to warning against corrupt financial practices and impermissible transactions such as Riba (usury), Gharar (excessive uncertainty and speculation), monopoly and fraud, demonstrating their destructive impact on economic stability. The book also outlines the jurisprudential and legal pillars required to ensure the validity of commercial contracts and protect the rights of all parties by detailing the core components of financial transactions, approved forfeiture clauses, and legally recognized options such as the option of defect or condition to prevent injustice and deception. It concludes with a highly vital topic: the ethics of the Muslim trader, including honesty, trustworthiness, and tolerance in selling, thereby reinforcing the concept that morality is an inseparable part of Islamic economic activity, making this book both a concise and comprehensive reference for Muslims and non-Muslims interested in Islamic economics.
Hour Islam
Publisher
The "Hour Islam" initiative is a leading digital educational and dawah project aimed at bridging the knowledge gap and providing Islamic education for non-Arabic speakers, new Muslims, and anyone interested in learning about Islam worldwide. The platform operates on an innovative vision centered on effective time management, summarized in its famous slogan: "Learn Islam, 1 Hour at a Time."
The platform stands out for its modern educational approach; it reformulates complex Islamic sciences, jurisprudence of transactions, and acts of worship into digital materials, intensive curricula, and short guidebooks. These resources are carefully designed to enable the reader to grasp the core concept of any Islamic or jurisprudential topic in a single reading session not exceeding one hour, fitting perfectly into the fast-paced rhythm of modern life.
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