What is Time Value of Money in Islamic Finance? Prohibition of Additional Payment in Islam | AIMS UK

[@Siddharth_dif_n_dif_Co.427]

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[@onlyforallah6179]

Can you explain about IFQ from CISI

[@lulyai]

I was seeing your video about shariah , in which section of ijma you qouted a hadith can you please give it's source from where it takes from??

[@Amadeus-ms9lt]

There is no Ijma! These people are evil and fraudulent. They are capitalists with a Muslim flavour.

[@albm706]

Dear brother, salam to you. May Allah grant you blessings and rewards for your effort. How do we determine 'cost of funds' according to Islamic banking? For example LIBOR is widely referenced as the cost of funds (interest rate) for bank loan and funding. What about Islamic banking? Is there an Islamic verion of LIBOR? How do you determine the Ilamic 'cost of funds'? I have some other points and questions which I am looking for some answers. It is about Allah's laws (that you refer also, of course). Dear brother, the hadith claims to record the minutest and smallest details about the Rasul's life, even the way he ate, slept, walked, talked, preached etc. However 570 of the Rasul's Friday khutbah are missing. Since the hijra from Mecca to Medinah around 621AD till his death in 632 AD there were over 570 Fridays. Other than TWO DIFFERENT versions of his first Friday khutbah delivered at Masjid Jumaa and the last khutbah sermon (which maybe was not on a Friday) there is no complete record of the remaining 570 khutbah of the Rasul which should have been heard by tens of thousands of people (mutawat-tir). My humble question is where are those more than 570 Friday khutbah? Why arent they recorded anywhere? Referring Allah's Laws, can you please explain the "disconnection" between the Quran and Islamic Law? There is absolutely no connection between the Quran and the Islamic Law. To begin with lets take a simple 10 items which are part of islam but are not found in the Quran at all : 1. the 5 daily prayers 2. allahu akbar 3. the shahada 4. the adhan (call to prayer) 5. the pilgrimage to Mecca 6. the fast in the fasting month (Ramadhan means heat, drought) 7. stoning adulterers to death 8. killing apostates and the entire sharia laws 9. your beard, your skull cap and long robe 10. the Muslim sisters' headcover or hijab. All these are not in the Quran. The details of pilgrimage eg are certainly not in the Quran. For example what or where exactly is Mashaa'iril Haram which is mentioned in the Quran? The Quran says that after divorcing women you SHOULD NOT TELL THEM TO LEAVE YOUR HOUSE. YOUR DIVORCED WIFE CAN CONTINUE STAYING IN YOUR HOUSE FOR AS LONG AS SHE LIKES. This is completely contradictory to the hadith and the sharia laws which says the divorced woman must leave the house. All the sharia laws are very different from the Quran. Dear brother this is a point of accuracy. There is no stoning th adulterer and no killing the apostate in the Quran. However the Sharia laws are found (or are very close to) the Bible literature (Hebrew and Greek). For example the Muslim sister's headcover is from the Book of Corinthians (look at Mother Theresa), your skull cap is the Jewish kippah, your beard and robe are Old Testament, stoning adulterers, killing apostates are in the Old Testament of the Bible. Allahuakbar (god is great) is in the Book of Psalms. Circumcision of the boys is from the Book of Genesis. It looks like Islam has imported all these biblical teachings through the hadith, fiqh, ijma etc. Dear brother my point is ALL this and more are not in the Quran. Even the Assalamualaykum is not in the Quran. In the Quran, it quotes Abraham saying Salamun. Not assalamu alaykum. In Sura 6:54 the Quran says 'Say Salamun Alaykum'. Assalamu alaykum as you clearly know is Jewish. And wa alaykum shalom is definitely Jewish. I repeat : the point is there is a disconnect between the Quran and the Islam Law that you practise. There is absolutely no connection. Dear brother, there is a hadith which says : Ibn Umar reported: The Messenger of Allah, peace and blessings be upon him, said, “Whoever imitates a people is one of them.” Source: Sunan Abī Dāwūd 4031, Sahih. So if we copy or follow the Biblical teachings so much that actually makes us christians and jews. In the Quran, the Rasul taught us: Sura 2:120 Neither the Jews, nor the Christians, will accept you, unless you follow their religion. Say, "Allah's guidance is the true guidance." If you acquiesce to their wishes, despite the knowledge you have received, you will find no ally or supporter to help you against Allah. Sura 3:100 "O you who believe, if you obey some of those who received the scripture, they will revert you, after having believed, into disbelievers." If you follow the people of the book, you will become a disbeliever. This is what the Rasul taught us in the Quran. My final question again : What is the connection between the Quran and Sharia Law ? There seems to be none. But there is a lot of connection between Sharia Law and the Jewish Bible (the Old Testament). Thank you and Salamun Alaykum.

[@Amadeus-ms9lt]

This video isn't about Islamic law but the Deen of capitalism with a Muslim flavour. The sources of Islam is the Quran as practiced and understood by the Rasul (SAW) and the people who understood them.