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Essential of Islam – Fard Ulum Course Date: December 8, 2024


Key Points

  1. Employment and Earnings:
    • Wages are permissible if no haram condition is attached to the job or wage.
    • Earnings from halal tasks within a haram workplace setting are still considered halal if haram activities are not part of the job conditions.
    • Haram money (e.g., stolen funds) must be returned to the rightful owner or given as sadaqah without the intention of reward.
  2. Graphic Design Example:
    • If conditions such as including impermissible imagery are not specified but occur later, the act is sinful, but the wages remain halal.
  3. Delivery Jobs:
    • If no haram items are stipulated in the job description, wages are halal even if haram items are unknowingly delivered.
  4. Banking and Interest:
    • Jobs in interest-based banking systems are conditionally permissible depending on the setting (e.g., non-Muslim majority contexts).
    • Interest is impermissible between Muslims but may be permissible under necessity in non-Muslim contexts (Dar al-Harb).
  5. Stock Market Investments:
    • Stock trading is permissible if there is certainty of tangible ownership and no speculative gambling.
    • Investing in businesses that involve haram activities makes the earnings impermissible.
    • Institutional investors are treated differently due to their direct control and accountability in company assets.
  6. Wastage and Sustainability:
    • Extravagance and wastage of resources (e.g., water, electricity, food) reduce barakah (blessings) and can lead to accountability on the Day of Judgment.

Quranic References and Hadith

  1. Prohibition of Riba (Interest):
    • Hadith: “Allah has prohibited interest…” discussed to explain its implications among Muslims and non-Muslims.
  2. Guidance on Transactions:
    • A Sahabi’s example in trading dates shows how improper exchanges are corrected to avoid interest-like practices.
  3. Accountability for Haram:
    • Hadith emphasizes that consuming haram earnings affects every aspect of one’s life (clothing, sustenance, actions).

Important Information

  1. Concept of Maal (Wealth):
    • Sacred in Islam, requiring careful and lawful handling.
    • Investments must have tangible and halal outcomes.
  2. Advice on Loans and Gifts:
    • Loans between Muslims should avoid even the appearance of interest.
    • Gifts related to loan repayments are impermissible unless part of a prior exchange culture.
  3. Non-Muslim Banking:
    • It is permissible to benefit from interest in non-Muslim countries if no deception is involved.

Questions and Answers

Example Exchange:

Q: “Can Muslims exchange interest loans among themselves in non-Muslim countries?”
A: Interest is permissible in non-Muslim contexts if necessity dictates, but efforts should be made to frame transactions in a non-interest format.

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