Displaying 1 - 20 of 41.
The article sheds light on Islamic banks and investment of capital companies. They have a religious appearance and a commercial nature. It also comments on the relations between Saudi Arabia and the Muslim Brotherhood.
Some Islamic bank owners threaten to bring a case over the unconstitutional practice of the fatwa of the Islamic Research Institute that permits bank interest. A Brotherhood member of parliament has criticized the fatwa stating it is religiously illegal.
Islam encourages trade between both Muslims and the non-Muslims; it refuses discrimination. It preserves the right and the money of the non-Muslims in Muslim countries.
Muhammad al-Bāz wonders whether Shaykh al-Qaradāwī really deserved the humiliation and insults that Moroccan clergy directed at him after his controversial fatwá on bank interest.
Egyptian Shaykh al-Qaradāwī pronounced a fatwá that enables Moroccans to use bank interest to obtain accommodation. The fatwá aroused the anger of Moroccan Muslim intellectuals who considered it interference in Morocco’s interior affairs.
The launch of the first Islamic banking institution in the Netherlands offering Muslims non-usurious loans.
The chairman of the board of directors of the United Bank of Egypt, Muhammad ‘Ashmāwī, has told al-Jumhūrīyah that the current millionaire’s share certificate would be adjusted to be consistent with the Islamic sharī‘a and Christian teachings.
The article focuses on the issue of banking transactions in the stock exchange amidst questions about whether this is compatible with the Islamic sharī‘ah.
The author highlights statements of Egyptian Muftī ‘alī Jum‘a on many important issues related to Islam and Egyptian society.
Scholars inside the Azhar are split over a project proposed by a businessman to have a stock exchange dealing in currency, a system of economic activity that is new in Egypt and Arab and Islamic countries, amidst arguments as to whether the proposal runs counter to the sharī‘a.
Despite the considerable number of fatwas allowing bank dealings, some Muslims argue that bank interest is an adjusted form of usury [Reviewer: Ribā], which Islam regards as a major sin.
The author argues that fatwas need to take into account the present time in a way that should make people’s lives better, stressing the need to develop religious discourse and focus on the sublime values and ethics that all religions and beliefs call for.
The article sheds light upon the Islamic fiqh-based concept “yad al-amana wa yad al-daman” [the obligation for honesty and the obligation for guarantee]. The contemporary application of this concept in the area of dealings in general and economic dealings in particular, especially those related to...
Dr. Youssef Al-Qaradawi met with a large number of people in a seminar held in the Ahli Club. The author discusses the fatwas he gave concerning the hijab, niqab, singing, and bank interest.
Those who consider bank profits for deposits unlawful are mistaken and those who considered them lawful failed to present a sound reasoning. This is due to the fact that the two groups lack knowledge about the circumstances that accompanied the appearance of profits.
The Brotherhood group criticized the Sheikh of the Azhar and declared its refusal of his fatwa concerning the permissibility of bank interest.
The fatwa of the Islamic Research Institute that permits bank interest faces disapproval by many international Islamic institutes. Scholars who attended the 14th Islamic Fiqh Conference disapproved of it and stated the necessity of its revision.
The 14th Islamic Fiqh Conference issued a fatwa to the effect that it is illegal to support aggressors against Iraq. However, the final statement of the conference does not express any clear-cut stand towards martyrdom operations.
In March 1996, the courts rejected a case filed against the appointment of Muhammad Sayyid Tantāwī as Grand Imām and President of the Islamic Research Academy . This raised the question: what do people want from the Grand Imām and why are there such struggles over this role?
The Mufti of Egypt explains that some journalists committed mistakes in their reports about the fatwa of the Islamic Research Institute concerning bank interest. They reported that the fatwa permits bank "interest" while it permits bank "profits." They reported that the fatwa permits all ways of...

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