Question: Bismillah Ar-Rahman Ar-Raheem Assalam Alaikum Wa Rahmatullah Wa Barakatuh our Ameer. I ask Allah (swt) to guide your steps and make Islam dominant by your hands.
On June 1, 2023, Hasina government has unveiled the national budget titled “Towards a Smart Bangladesh after the march of development” for the fiscal year 2023-24. Finance Minister AHM Mustafa Kamal placed Taka 7.6 trillion budget which is 13.5 percent bigger than FY 23 with a ‘supposed’ focus on tackling inflation, generating jobs, and efforts […]
Zakat is one of the five pillars of Islam, it is obligatory according to the Book, the Sunnah, and the consensus of the Companions. In the Quran, Allah (swt) says: [وَأَقِيمُواْ الصَّلَاةَ وَآتُواْ الزَّكَاةَ] “And establish prayer and give zakāh1 and bow with those who bow [in worship and obedience]” [Al-Baqara: 43].
Question: I mean, the zakat on trade merchandise is the value of the commodity offered for sale, the value of selling it from the payer of zakat to his customers, not the value that the payer of zakat buys it with! If I bought 10,000 mobile devices and sold them for 15,000. Zakat is from […]
This year, as we all deal with rising prices, increased cost of living, reduced savings and increased income inequality, it is widely believed that the global economy is heading towards a recession and the economic situation for millions of people will worsen. While the exact timing of a recession is difficult to predict, there are […]
Question: Assalam Alaikum wa Rahmatullah, Our honourable Sheikh, May Allah benefit us with your knowledge and make your endeavor to support Allah’s true religion in the scale of your good deeds. My question, my honourable Sheikh, do we get the zakat on olives from the olives or from the oil? Wassalamu Alaikum wa Rahmatullahi wa […]
From the Book, Introduction to the Tafseer of the Quran, by the Ameer of Hizb ut Tahrir, Eminent Jurist and Statesman, Ata Bin Khalil Abu Al-Rashtah [حَافِظُوا عَلَى الصَّلَوَاتِ وَالصَّلاَةِ الْوُسْطَى وَقُومُوا لِلَّهِ قَانِتِينَ 238 فَإِنْ خِفْتُمْ فَرِجَالاً أَوْ رُكْبَانًا فَإِذَا أَمِنتُمْ فَاذْكُرُوا اللَّهَ كَمَا عَلَّمَكُمْ مَا لَمْ تَكُونُوا تَعْلَمُونَ 239] “Guard strictly (five obligatory) As-Salawat (the […]
Question: Praise be to Allah, and prayers and peace be upon our master Ahmad. Assalam Alaikum Wa Rahmatullah Wa Barakatuh. I am from Palestine and there is someone who searches for precious metals in the land of others. If he finds Ottoman finds that were hidden by the Ottoman Empire in 1916 and he cannot […]
Question: Assalamu Alaikum Wa Rahmatullah Wa Barakatuh. I ask Allah that you are well and in good health. What is the ruling on giving sadaqat Al-Fitr and Kaffara (expiations), such as an atonement for an oath and zihaar, in monetary value? Can the money be given as the allocation given by Allah in the expiation […]
Question: Assalamu Alaikum Wa Rahmatullah Wa Barakatuh. Since the six categories that were mentioned in usury were fixed names, and when paper currency took the rule of gold and silver when they were covered with gold and silver, the ruling was clear, now paper currency does not have a gold or silver cover, so does […]
(1) INTRODUCTION: (وَإِذْ أَخَذَ رَبُّكَ مِن بَنِي آدَمَ مِن ظُهُورِهِمْ ذُرِّيَّتَهُمْ وَأَشْهَدَهُمْ عَلَى أَنفُسِهِمْ أَلَسْتَ بِرَبِّكُمْ قَالُواْ بَلَى شَهِدْنَا أَن تَقُولُواْ يَوْمَ الْقِيَامَةِ إِنَّا كُنَّا عَنْ هَذَا غَافِلِينَ) “And when thy Lord took from the Children of Adam, from their loins, their progeny and made them bear witness concerning themselves, “Am I not your Lord?” […]
The root of our problems is not who rules us, but by what they rule us with. As long as Pakistan is ruled by man-made law under Democracy, rather than the Shariah law revealed by Allah (swt) under the Khilafah, we will never see real change. We will not see real change whether Imran Khan, […]
Pakistan’s Current System Secures the Economic Interests of the Kafir Colonialists Sufficient revenues in the state treasury are essential for looking after the affairs of the people and managing the state expenses, such as the armed forces, health and education. However, in Pakistan’s current system, both democracy and dictatorship take turns to secure the economic […]
Question: Assalamu Alaikum. May Allah help you in your work. Is it permissible to combine the Kaffara (expiation) of fasting for two consecutive months with the Kaffara of unintentional killing between Sha’ban and Ramadan, knowing that the Kaffara for fasting is obligatory in the absence of liberating a slave, and the fasting of the month […]
Question: Assalam Alaikum Wa Rahmatullah I ask Allah that my message reaches you while you are in the grace and blessing of Allah. It is stated in Article 142: “It is forbidden to hoard money even if its zakat is given.” And it was mentioned in the explanation of the article on page 77 in […]
The Islamic Emirate held the Afghanistan Economic Conference in which representatives of 20 countries attended in person while 40 others joined online. This conference was aimed at assessing the economic problems of Afghanistan in different arenas in order to figure out appropriate solutions to the problems.
The immense concentration of wealth under the current capitalist world order has now reached intolerable levels. The World Inequality Report 2022 from the Paris-based World Inequality Lab stated that, “The share of the bottom 50% of the world in total global wealth is 2%… while the share of the top 10% is 76%.” The report […]
GST and income tax are regressive taxation. Regressive taxation burdens the poor and indebted. Islam forbids regressive taxation. The poor and indebted receive Zakah. The Khilafah taxes only the financially capable. Yearly Zakah on trading merchandise above Nisaab. Yearly Kharaaj from agricultural land owners. The Messenger of Allah (saw) said, لَا يَدْخُلُ الْجَنَّةَ صَاحِبُ مَكْسٍ […]
Record high prices of oil commodities were reported in Pakistan, with Petroleum at Rs. 137.79 per liter and High Speed Diesel at Rs. 134.48 per liter. [The News]. Pakistan is greatly affected by the high prices of petroleum because every industry in Pakistan is dependent upon petroleum in one way or the other. Increase in the […]
The revenue target for the next financial year, 2021-22, is targeted at Rs. 5.829 trillion, compared to Rs 4.691 trillion for the closing financial year, 2020-21, showing an overall increase of Rs1.138tr (24 percent). This is whilst the IMF has set a target of Rs 10 trillion for 2024-2025.
The increase in taxes in Ukraine will provoke a slowdown in the economy and will automatically lead to an increase in prices for goods and services. This was stated by investment analyst Eric Nyman.
Allah (swt) says in Surah Al-Hajj, Verse 78: [وَجَاهِدُوا فِي اللَّهِ حَقَّ جِهَادِهِ هُوَ اجْتَبَاكُمْ وَمَا جَعَلَ عَلَيْكُمْ فِي الدِّينِ مِنْ حَرَجٍ مِّلَّةَ أَبِيكُمْ إِبْرَاهِيمَ هُوَ سَمَّاكُمُ الْمُسْلِمينَ مِن قَبْلُ وَفِي هَذَا لِيَكُونَ الرَّسُولُ شَهِيدًا عَلَيْكُمْ وَتَكُونُوا شُهَدَاء عَلَى النَّاسِ فَأَقِيمُوا الصَّلَاةَ وَآتُوا الزَّكَاةَ وَاعْتَصِمُوا بِاللَّهِ هُوَ مَوْلَاكُمْ فَنِعْمَ الْمَوْلَى وَنِعْمَ النَّصِيرُ]
