PEOPLE DO HAVE DIFFERENT OPINIONS AND CONFLICTS

• Did any one create us?• OR everything is made by itself? (Nature)

The Sources of Knowledge

Five Senses

Intellect

Divine Revelation

The Creator

The Owner

Do you not know that to ALLAH alone belongs the kingdom of the heavens and

the earth? And, you have none, other than ALLAH, to protect or help you. (Surah al Baqarah: 107)

The Owner

Allah: There is no god but He, the Living, the All-Sustaining. Neither dozing overtakes Him nor sleep. To Him belongs all

that is in the heavens and all that is on the earth. (Surah al Baqarah: 256)

The Owner

To Allah belongs the kingdom of the heavens and the earth and of whatever lies therein, and He is powerful over everything.

(Al-Maida: 120)

Threats and Benefits

Threats and Benefits

Who Feeds Us?

Who Feeds us?

Every thing is in the total possession and complete command of ALLAH

Is the property of ALLAH

ALLAH (swt) has unlimited treasures of everything which cannot be ended without His desire.

We must use those things in accordance with ALLAH’s desire

Why?

“The Arabic word Ibadah(worship) connotes expending all energies one has in total obedience to

somebody and shunning all disobedience out of one’s awe

and reverence.” (RUH-al-BAYAN)

Ebadah in Different aspects of lifeIndividual

Social

Political

Dealings

Shariah Compliant(SC) So not only our banking system but every Businesses should be according to the commandments of its owner [Allah (swt)]

i.e. Shariah Compliant

What Your Business Can Achieve For You?

We need to Learn Islamic Finance Because:

الدین۔ • فی تفقہ الامن سوقنا فی لایبع الخطاب بن عمر (قال ترمذی)

• Hazrat Umer (may Allah be pleased with him) passed a decree in Madinah Munawwarah that:

“No one is allowed to do business in our markets except who has understood religious rulings

(related to business).”

Else

1Learning Religious

Knowledge relating to dealings

2Implementation of that knowledge in business

3Constant

consultation with a religious

institute e.g. Darul Ifta, Mufti

Religious Teacher

and Knowledge

Business

BusinessmanReligious Centre

Religious Knowledge at Par with Market Practices

Religious Authorities direct Interaction with Market Places

Government Regulatory Authority /

Judiciary (Qazi)

Some contemporary examples

Burque corporation

Shan Foods

Medics

MacterGhani Glass

Anis Apparel Textile

Foodex

Divine Revelation• There are five types of Ahkamat (Orders) we

received through divine revelation

• Aqaid1• Akhlaq w Adab2• Ebadat3• Muamlat4• Uqoobat5

• Ilm ul KalamAqaid

• TasawwufAdab w Akhlaq

Fiqh

Ebadat Mu 3amlat Uqoobat

Ebadat

NamazZakatRozaHaj

Mu aamlat

Transactions

Bai Ijarah

Munakahat

Nikah Talaq

Mukhasamamt

Da3wa Qaza

Amanat

Clear Implied

Tarkah

Miras/Will