ADV: WHY INVESTMENT IS ENCOURAGED IN ISLAM?
Published: Mon, 09/16/13
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In the name of Allah the most merciful and kind. Blessings be to the Prophet Muhammad saw, his family and companions. “In order that it does not merely make a circuit amongst the wealthy” [Quran Al-Hashr 59: 7] The Islamic system provides a compelling investment model, and there is no basis to suggest that the Islamic economic system does not promote investment. The truth is that Islam encourages business and in-vestment, but does not encourage interest based investments which ultimately restricts the flow of wealth around the economy. Allah (swt) distinguished between this when He said: " ..they say, “trade is like usury” but Allah has permitted trade and has forbidden usury" [Al Baqarah: 275]
Let's listen to Ustaz Syakir Pasuni about this topic. DetailsWHY INVESTMENT IS ENCOURAGED IN ISLAM?Date: Thursday, 19th September 2013 * Due to the Formulae 1 Singtel Singapore Grandprix, all motorists proceeding to Walton Singapore (Republic Plaza 1) are advised to use an alternative route via East Coast Parkway (ECP), Exit 17(From the West) or Exit 17A (From the East), Marina Street, Station Road, Central Boulevard, Cross Street, Cecil Street & D'Amelda Street. PS: Republic Plaza 1 overlooks the Padang and Singapore Cricket Club. So join us for a spectacular view of the event while feasting on a sumptuous buffet! |
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