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Muamalat (also muʿāmalāt, Arabic: معاملات, literally "transactions" [1] or "dealings") [2] is a part of Islamic jurisprudence, or fiqh.Sources agree that muamalat includes Islamic "rulings governing commercial transactions" [3] and Majallah al-Ahkam al-Adliyyah). [4]
See Wikipedia's guide to writing better articles for suggestions. ( November 2015 ) ( Learn how and when to remove this message ) Islamic marketing is a process of attempting to sell a product or service to customers and other stakeholders while keeping this process in accord with the principles of Islamic transaction.
Islam [a] is an Abrahamic monotheistic religion centered on the Quran and the teachings of Muhammad, [9] the religion's founder. Adherents of Islam are called Muslims, who are estimated to number 1.9 billion worldwide and are the world's second-largest religious population after Christians.
Zakat (or Zakāh) is one of the five pillars of Islam. Zakat is the Arabic word for "Giving to Charity" or "Giving to the Needy". [a] [3] Zakat is a form of almsgiving, often collected by the Muslim Ummah. [1] It is considered in Islam a religious obligation, [4] [5] and by Quranic ranking, is next after prayer in importance. [6]
A waqf (Arabic: وَقْف; , plural awqaf أَوْقَاف), also called a ḥabs (حَبْس, plural ḥubūs حُبوس or aḥbās أَحْباس), or mortmain property, is an inalienable charitable endowment under Islamic law.
Halal (/ h ə ˈ l ɑː l /; [1] Arabic: حلال ḥalāl [ħæˈlæːl]) is an Arabic word that translates to ' permissible ' in English. In the Quran, the term halal is contrasted with the term haram (' forbidden, unlawful '). [2]
Islamic holy books are certain religious scriptures that are viewed by Muslims as having valid divine significance, in that they were authored by God through a variety of prophets and messengers, including those who predate the Quran.
Islamic economics grew naturally from the Islamic revival and political Islam whose adherents considered Islam to be a complete system of life in all its aspects, rather than a spiritual formula [86] and believed that it logically followed that Islam must have an economic system, unique from and superior to non-Islamic economic systems.