Monthly Archives: February, 2015

How to Manage the Household Finance in Islam – part 1

Finance in Islam

How to Manage the Household Finance in Islam – part 1

Author: Prof. Muhammad (Dean of Sekolah Tinggi Ekonomi Islam (STEI) Yogyakarta)

The wealth in Islam was a mandate, and a right of a person. The authority to use it was tightly connected to the ability (competence) and suitability (integrity) in managing the asset or in another term, the prudential principle. The Islamic principle taught us that “The best of wealth is the one that is managed by a righteous man (a trusted and professional man).”
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Ruling on Online Business of E-Book Affiliation in Islam

Ruling on Online Business of E-Book Affiliation in Islam

Ruling on Online Business of E-Book Affiliation in Islam

In the business of e-book affiliation, there happened a high-level of speculation practices. It resembled the multi level marketing business, because the e-book was only a commodity to turn over the money that was paid, by gaining as many as possible downline buyers.

Nowadays, obtaining profit was not exclusively done by the landlords, or rich merchants who owned large storage of goods, companies, or department stores. Even though you didn’t own any storehouse, shop, or company, you could still obtain some profits -even doing it at home.
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Is the Wealth of A Judge is lawful according to Islam?

A Judge

Is the Wealth of A Judge is lawful according to Islam?

Question:

Ustadz, is the living provided by my husband who works as a district court judge lawful? Since the current laws we have are not based on the Islamic laws. And the standard to issue a decision is also not from/not based on the Islamic laws? Whereas as muslims, we are demanded to issue decisions based on the Islamic laws? And what is the ruling for working as a judge itself? Please include the indications too Ustadz. May Allah rewards you with goodness.

Sent by: Nisa

From: South of Bengkulu
Email: nisa_mutmaixxxx@yahoo.com
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Is it considered as a debt?

Is it considered as a debt

Is it considered as a debt?

Question:

Assalamu’alaikum, Ustadz.

When I was at school, I became one of the member of the internal student committee or OSIS. But in the end of our period, there were losses or mismatch in our balance, meaning that our organization cash was less than it should be. Therefore, after that, several of us -the committee- promised the organization advisor to replace it. But I realized that I’ve done wrong by postponing the payment until now, when I am currently studying at a college. The amount that is still left to be paid is IDR 300.000, but for these times, the one who mostly paid it was I since I was the chief of the committee thus I felt that it was my responsibility.

Even though it was never been questioned anymore, but I feel that this problem is still unsettled. Whereas the other committee members give no more responses regarding the replacement. Is it considered as a debt for me?

May Allah rewards you for your kind answer.

From: Ibn Ghazali albinjy
Binjai, North Sumatra
Email address: ibnghaz_albinxxx@yahoo.co.id
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