HududHudud (Arabic: حدود Ḥudūd, also transliterated hudood; plural of hadd, حد) is an Arabic word meaning "borders, boundaries, limits". In the religion of Islam, it refers to punishments that under Islamic law (sharīʿah) are mandated and fixed by God as per Islam. These punishments were applied in pre-modern Islam, and their use in some modern states has been a source of controversy. Traditional Islamic jurisprudence divides crimes into offenses against God and those against man.
Urf(العرف) is an Arabic Islamic term referring to the custom, or 'knowledge', of a given society. To be recognized in an Islamic society, must be compatible with the Sharia law. When applied, it can lead to the deprecation or inoperability of a certain aspect of fiqh (Islamic jurisprudence). is a source of Islamic legal rulings where there are not explicit primary texts of the Qur'an and Sunnah specifying the ruling. can also specify something generally established in the primary texts.
HaramHaram (həˈrɑːm,_hæˈrɑːm,hɑːˈrɑːm,-ˈræm; حَرَام, ALA, ħaˈraːm) is an Arabic term meaning 'forbidden'. This may refer to either something sacred to which access is not allowed to the people who are not in a state of purity or who are not initiated into the sacred knowledge; or, in direct contrast, to an evil and thus "sinful action that is forbidden to be done". The term also denotes something "set aside", thus being the Arabic equivalent of the Hebrew concept ḥērem and the concept of sacer (cf.
TakfirTakfir or takfīr (takfīr) is an Arabic and Islamic term which denotes excommunication from Islam of one Muslim by another, i.e. accusing another Muslim to be an apostate. The word is found neither in the Quran nor in the ḥadīth literature; instead, kufr ("unbelief") and kāfir ("unbeliever") and other terms employing the same triliteral root k-f-r appear. "The word takfīr was introduced in the post-Quranic period and was first done by the Khawarij", according to J. E. Campo. The act which precipitates takfīr is termed mukaffir.
Yusuf al-QaradawiYusuf al-Qaradawi (يوسف القرضاوي; or Yusuf al-Qardawi; 9 September 1926 – 26 September 2022) was an Egyptian Islamic scholar based in Doha, Qatar, and chairman of the International Union of Muslim Scholars. His influences included Ibn Taymiyya, Ibn Qayyim, Sayyid Rashid Rida, Hassan al-Banna, Abul Hasan Ali Hasani Nadwi, Abul A'la Maududi and Naeem Siddiqui. He was best known for his programme الشريعة والحياة, al-Sharīʿa wa al-Ḥayāh ("Sharia and Life"), broadcast on Al Jazeera, which had an estimated audience of 40–60 million worldwide.
SukukSukuk (ṣukūk; plural of ṣakk) is the Arabic name for financial certificates, also commonly referred to as "sharia compliant" bonds. Sukuk are defined by the AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) as "securities of equal denomination representing individual ownership interests in a portfolio of eligible existing or future assets." The Fiqh academy of the OIC legitimized the use of sukuk in February 1988.
History of bankingThe history of banking began with the first prototype banks, that is, the merchants of the world, who gave grain loans to farmers and traders who carried goods between cities. This was around 2000 BCE in Assyria, India and Sumeria. Later, in ancient Greece and during the Roman Empire, lenders based in temples gave loans, while accepting deposits and performing the change of money. Archaeology from this period in ancient China and India also shows evidence of money lending.
TakafulTakaful (التكافل, sometimes translated as "solidarity" or mutual guarantee) is a co-operative system of reimbursement or repayment in case of loss, organized as an Islamic or sharia-compliant alternative to conventional insurance, which contains riba (usury) and gharar (excessive uncertainty). Under takaful, people and companies concerned about hazards make regular contributions ("donations") to be reimbursed or repaid to members in the event of loss, and managed on their behalf by a takaful operator.
MakruhIn Islamic terminology, something which is makruh or makrooh (مكروه, transliterated: makrooh or makrūh) is a "disliked" (literally "detestable" or "abominable"). This is one of the five categories (al-ahkam al-khamsa) in Islamic law – wajib/fard (obligatory), Mustahabb/mandub (recommended), mubah (neutral), makruh (disapproved), haram (forbidden). Though a makruh act is not haram (forbidden) or subject to punishment, a person who abstains from this act will be rewarded. Muslims are encouraged to avoid such actions when or as possible.
MustahabbMustahabb (مُسْتَحَبّ) is an Islamic term referring to an action or thing that recommended and favoured. Mustahabb actions are those whose ruling (ahkam) in Islamic law falls between mubah (neutral; neither encouraged nor discouraged) and wajib (compulsory). One definition is "duties recommended, but not essential; fulfilment of which is rewarded, though they may be neglected without punishment". Synonyms of mustahabb include masnun and mandub. The opposite of mustahabb is makruh (discouraged).
