Abu Hurairah reported that the Messenger of Allaah(Sallallaahu alayhi wa sallam) said: (Ramadhaan has come to you - a blessed month. Allaah has made obligatory upon you its fasting. In it, the gates of heaven are open, the gates of the Hellfire are closed and the evil devils are chained. To Allaah belongs a night in it, which is better than a thousand months.)
Part 1 of 2. Dr. Hussein Hamid Hassan discusses the Islamic Financial System, regarding Musharakah (Sharing).
If you are innovative, and have no money, the Islamic Financial System could make your dreams come true. Islamic Financial System is based on equity, and removes injustice.
Dr. Hussein Hamid Hassan is considered as the father of Islamic finance. He received his PhD from the faculty of Sharia at the Al Azhar University in Cairo in 1965 and holds two degrees in law from the International Institute of Comparative Law, University of New York. He chairs the Sharia Supervisory Committee of many Islamic banks in the Middle East, and has advised several governments.
An expert in Law, he had been the attorney general for the government of Egypt between 1969 and 1970. He has advised several governments in the Middle East and CIS countries on establishment of Islamic Finance Institutions. According to Mr Hassan, Islamic financing is the most equitable form of financing since it enables the creation of wealth without fuelling inflation or stoking a financial crisis.
TheDeenShow Takes it to the streets to look for some Muslims so that we can get to asking some very important Questions so that The people can get to know the truth. Open your mind humble your heart and enjoy the Show. Islam is Very Misunderstood and were helping you get a Better Understanding thanks for comming to the source