Sunday, September 18, 2011

Simple Concept of Syariah Business

There are simple concept about syariah business. From Sahih Bukhari holy book, we can summarizes that explained 5 requirement of syariah business system. Regardless of whether or not reference is used, the following are the 5 list of conditions that sharia business:
 

1. There is no element of riba (one price, whether cash or credit).
2. There is no element of fraud (the type and quality of goods as offered). 
3. There is no element of gambling (not speculation, it is clear). 
4. There is no element of compulsion (the seller and the buyer-do it,. Red-voluntary or sincere). 
5. Right goods (not like buying a cat in a sack).

Thursday, June 23, 2011

Wisdom of Mudharabah

The scholars agreed that the system of investment is permissible. The legal basis of the sale and purchase system is a consensus scholars who allow it. Like Ibn dinukilkan Mundzir5, Ibn Ibn Hazm6 Taimiyah7 and others.

Wisdom of Mudharabah

Islamic make a rule Mudhorabah cooperation agreement to facilitate the people, because some of their own property but could not manage it and there are also people who do not own property but have the ability to manage and develop it. So Sharia allow this cooperation so that they can each take advantage of them. Shohib al mal (investor) utilize the expertise Mudhorib (manager) and Mudhorib (managers) make use of the property and thus the realization of cooperation wealth and charity. Allah Ta'ala does not mensyariatkan a contract except to realize the benefit and declined broken.14

Wednesday, June 22, 2011

Al Mudarabah in Syariah Business

It know as mudarabah because it was taken from the phrase "dharb on the world" that means a trip which is generally for trade and war. There is also a say that it taken from the words: dharb (took) advantage to the shares held. In terms of language is also called as qiraadh Hijaaz, as taken from muqaaradhah word whic the meaning is equations and balances. continue....

Al-Wadiah in Syariah Concept

Wadiah in the language definition is derived and the root Wada `a, which means a leave or throw like a deposit. For example good property, money or a message or a trust. So wadi `ah deposit or savings. The Fiqih Ulama have a different defenition with how to explain of this because there are some laws concerning the wadi `ah was like,When people who get deposit, wadi` ah is requesting consideration of it, or simply referred TAWKIL deposit.

But simple definition like  agreement where customers deposit money in the Bank, and the Bank becomes wholly responsible and liable for its safekeeping.