Assalamualaikum everyone
my name is abd rahim and I am from Malaysia,
I am currently having some problem with my financial to support my family, would like to seek help from fellow muslim, pls give idea/advice how anyone can help me to resolve my financial problem.
Assalmualekum,
i am from New Delhi seeking financial Help i have taken loan from my friends 3yeas back for my marriage but still not able to pay back is there any one who can help some thing around $2000 to 3000USD. insha allah allah will help you for your helping hand
Jazakallah
E-commerce payments require knowledge of complex banking and financing information about the countries involved in an e-transaction. Even though most countries have a fairly similar banking and financing system, few Westerners know the basic rules that all good Muslims want to apply when they do business such as banking or other finance-related activities.
This article looks into the general economic Muslim rules, their source and the thought behind them.
This article answers these questions:
Banks traditionally offered current and saving accounts because of the benefits such products availed for depositors; a check book, typically associated with a current account for instance, is a must for all types of businesses. Further, current and savings accounts are classified as “low cost deposits”, i.e. they either bear no interest rates or comparatively low interest rates. This means that banks gain higher profit margins upon lending said funds. In consumer finance the interest rates could be as high as 11%.
Islamic banking follows Islamic laws and principles, primarily the tenet that interest must not be paid or collected and that profits and losses are shared. There are two other rules that come to play in Islamic banking. First, banks cannot be involved with businesses that take part in industries that are considered sinful, like gambling and alcohol. Neither can entrepreneurs take part in ventures that deal with sinful activities. Second, excessive risk cannot be taken in ventures.
An very brief and informative paper on Sukuk (Islamic Bonds).
Asep Setiawan, an Indonesian journalist living in London, has an an article on whether Islamic fundamentalism and Multinational corporations.
From the introduction:
This essay assesses whether Islamic fundamentalism is a threat to multinational business.
Two variables are applied for the assessment : the Islamic way of thinking and the impact of the manifestation Islamic system on international business particularly banking dan finance sectors. It seems those fields are more affected than, for instance, in extracting or manufacturing sectors.
1st Ethical is a UK based ethical tax planning and finance.
They have some papers on Shariah related financial matters, such as:
Paul Grignon is not a Muslims. However, he realizes the problem of debt, interest and how the modern monetary system works.
He has a video and web site explaining his views.
Resources
The following list contains sites that provide reference materialon Islam.
