Islam is not merely a religion or economic system but a Deen. It provides guidance for all aspects of individual & Collective lives. Islam means peace & submission. Peace acquired through total submission. There cannot be peace without Justice, which is the ultimate objective of sending down all Divine Books & Prophets.
Islam allows to earn income in which benefits are enjoyed by all the concerning parties on the just basis & prohibited to earn income through Bribery, Interest, Stealing & Robbery, Gambling, Wine & its business & Fraud.
Islam offers a definite economic system based on zakat, usher, Bayt al-mal, dignity of labour, equity, interest-free economy, legitimate income & avoidance of extravagance & observing rights & duties.
Principles of Islamic Economics In The Light Of the Holy Quran and Sunnahinventionjournals
The purpose of this research is to review the principles of Islamic economy with reference to injunctions of Islam. This paper presents selected literature relating to the principles of Economics of Islam according to the Holy Quran. The study of the Holy Quran reveals that the basic principles of Islamic Economy are briefly discussed in the Holy Book while the details are elaborated in the Ahadith(Traditions of the Holy Prophet S.A.W). These principles have been transformed into inferred rules by the AIMAS (Mujtahdeen) in the light of the Holy Quran and the Ahadith. To ensure economic equality, Allah the Al mighty, has directed the rich(wealthy) people to share their financial resources with the needy people. This ensures equal distribution of wealth in the society. Through Islamic Economic System, the concept of Welfare State can be successfully implemented, As practically demonstrated by Companions of the Holy Prophet (S.A .W)(Khulafa-ERashideen)During their Rule(Caliphate) for a period of about 30 years. Allah Ta’ala has promised to provide livelihood to every soul, as such; nobody lives without food and the means of livelihood in this way, equality in economic right has been ensured for all. If the principles of Islamic economy are implemented in letter and spirit, it will contribute towards the economic development in the society. An Economic System based on the Quranic principles of equitable society and productive investment can effectively remove much of the chronic economic illnesses as suffered by the Modern Society
Zakat and it’s Social Benefits - THE FORGOTTEN PILLAR OF ISLAMFaisal834049
I heard the word zakat at first when I went to India during a Ramadan time. Every morning my grandpa fill money in a jar kept on the table. When beggars come to our house and ask for zakat I take some money from the jar and give it to them. The jar will almost be empty by evening!
Later when my parents send me to madrasa and I started to learn about Islam, I realized that Zakat is the third pillar of Islam. The money I had given to the beggars was actually not zakat. It was Swadaqa - a voluntary act that is encouraged but not mandatory.
But Zakat is a mandatory form of giving in Islam.
Introduction to Islamic Economics | Part 1 | Fundamentals of Islamic EconomicsNaji Naseem
• Nature and Scope of Islamic Economics
• Freedom of Choice with Accountability
• Islam’s View of Property as a trust
• Freedom of Enterprise
• Sources of Islamic Economics
MANAGERIAL ECONOMICS FROM ISLAMIC PERSPECTIVES (PROFIT MAXIMIZATION)Afifah Nabilah
An individual assignment for Managerial Economics subject. The topic discussed in the report is MANAGERIAL ECONOMICS FROM ISLAMIC PERSPECTIVES on the Profit Maximization.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
Islam is not merely a religion or economic system but a Deen. It provides guidance for all aspects of individual & Collective lives. Islam means peace & submission. Peace acquired through total submission. There cannot be peace without Justice, which is the ultimate objective of sending down all Divine Books & Prophets.
Islam allows to earn income in which benefits are enjoyed by all the concerning parties on the just basis & prohibited to earn income through Bribery, Interest, Stealing & Robbery, Gambling, Wine & its business & Fraud.
Islam offers a definite economic system based on zakat, usher, Bayt al-mal, dignity of labour, equity, interest-free economy, legitimate income & avoidance of extravagance & observing rights & duties.
Principles of Islamic Economics In The Light Of the Holy Quran and Sunnahinventionjournals
The purpose of this research is to review the principles of Islamic economy with reference to injunctions of Islam. This paper presents selected literature relating to the principles of Economics of Islam according to the Holy Quran. The study of the Holy Quran reveals that the basic principles of Islamic Economy are briefly discussed in the Holy Book while the details are elaborated in the Ahadith(Traditions of the Holy Prophet S.A.W). These principles have been transformed into inferred rules by the AIMAS (Mujtahdeen) in the light of the Holy Quran and the Ahadith. To ensure economic equality, Allah the Al mighty, has directed the rich(wealthy) people to share their financial resources with the needy people. This ensures equal distribution of wealth in the society. Through Islamic Economic System, the concept of Welfare State can be successfully implemented, As practically demonstrated by Companions of the Holy Prophet (S.A .W)(Khulafa-ERashideen)During their Rule(Caliphate) for a period of about 30 years. Allah Ta’ala has promised to provide livelihood to every soul, as such; nobody lives without food and the means of livelihood in this way, equality in economic right has been ensured for all. If the principles of Islamic economy are implemented in letter and spirit, it will contribute towards the economic development in the society. An Economic System based on the Quranic principles of equitable society and productive investment can effectively remove much of the chronic economic illnesses as suffered by the Modern Society
Zakat and it’s Social Benefits - THE FORGOTTEN PILLAR OF ISLAMFaisal834049
I heard the word zakat at first when I went to India during a Ramadan time. Every morning my grandpa fill money in a jar kept on the table. When beggars come to our house and ask for zakat I take some money from the jar and give it to them. The jar will almost be empty by evening!
Later when my parents send me to madrasa and I started to learn about Islam, I realized that Zakat is the third pillar of Islam. The money I had given to the beggars was actually not zakat. It was Swadaqa - a voluntary act that is encouraged but not mandatory.
But Zakat is a mandatory form of giving in Islam.
Introduction to Islamic Economics | Part 1 | Fundamentals of Islamic EconomicsNaji Naseem
• Nature and Scope of Islamic Economics
• Freedom of Choice with Accountability
• Islam’s View of Property as a trust
• Freedom of Enterprise
• Sources of Islamic Economics
MANAGERIAL ECONOMICS FROM ISLAMIC PERSPECTIVES (PROFIT MAXIMIZATION)Afifah Nabilah
An individual assignment for Managerial Economics subject. The topic discussed in the report is MANAGERIAL ECONOMICS FROM ISLAMIC PERSPECTIVES on the Profit Maximization.
Similar to PRINCIPLES OF ISLAMIC ECONOMICS.pptx (20)
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
2. PRINCIPLES OF ISLAMIC
• Islamic economics is the knowledge and application of injunctions and rules of the Shariah (Islamic law)
that prevent injustice in the acquisition and disposal of material resources in order to provide
satisfaction to human beings and enable them to perform their obligations to Allah and the society. Let
us discuss a few - principles of Islamic economics that are derived from the Quran and Sunnah.
3. MAN AND HIS POSITION
• Man is the vicegerent (Khalifa) of Allah (SWT) and is obliged to
follow the guidelines sent down by Him in every sphere of life for
success in the life here and the life hereafter.
4. WEALTH AND RESOURCES
• Allah has created abundant resources (both actual and potential). But these
resources are unequally distributed around us with wisdom to create a
relationship among the human beings. Every human being has equal right to
acquire these resources through righteous means.
5. ECONOMIC TRUST
• The natural inequality enables some people to earn more than the others. To
maintain a balance in the society, it is required that a part of the surplus earned
by a person should go to one who is not able to earn. This principle is known as
Economic Trust.
6. ECONOMIC ACTIVITIES
• Islam provides comprehensive guidelines towards the economics activities i.e.
production, distribution, and consumption. The commodities and services to be
produced are categorized into necessities, comforts and luxuries. The first
preference in the production process shall be given to necessities, then
comforts and then followed by luxuries. Towards distribution, whatever is being
produced should be divided among those involved in the production, according
to their share, without any deception. Towards consumption, those who are
provided with the bounties of wealth are not expected to live as they wish and
consume in a manner they desire. It is neither allowed to squander nor to hoard
wealth in a few hands. Moderation and self-control are rather expected.
Extravagance and wastage in consumption are prohibited.
7. TRADE AND BUSINESS:
• Islam permits and encourages trade. However, it provides a few conditions to
protect the interest of the parties involved in the trade and in the interest of
the society. One cannot trade in the commodities that are prohibited and
clearly mentioned in Quran and Ahadith and that are not in the collective
interest of the society.
8. ROLE AND NATURE OF MONEY
• Contrary to the prevailing system, Islam views money as only a Medium of
Exchange and a measure of Value. It does not consider it to be a commodity
in itself.
9. DEBT IN ISLAM
• Generally, Islam discourages one’s involvement in debt. It permits the
same only when borrowing money becomes a necessity. The person
getting into debt must be aware of his ability, both actual and potential,
to repay the debt even before entering the transaction.
10. ZAKAT AND CHARITY
• Zakat means purifying or increase. Allah (SWT) has made it obligatory for
every able individual to pay annually a portion (2.5%) of the surplus earned
to the poor and the needy as their share in the form of Zakat. In addition to
the legal obligation (Zakat) Islam also encourages individuals to spend in the
optional charity (Sadaqah) for social welfare.
11. SAVINGS IN ISLAM
• Islam also encourages saving a portion of wealth for future uncertainties and requirement.
12. REWARD
• Islam considers the worldly profit, self-satisfaction and material rewards, but not
to the extent that it accords to the life hereafter. Islam states that by following
the divine guidance individuals can have a successful life here in this world and
more importantly a successful life in the hereafter.
• Having outlined the principles of Islamic Economics, we can state that Islamic
Economics, in simple terms, is the subject or science that studies and guides the
economic behavior of man in the light of divine guidance. The fundamental
principles of Islamic economics rest on and are grounded in a sense of
accountability, responsibility, mutual trust, equity, justice and equal opportunity.
If viewed from a practical sense, then it is clear that all the principles of Islamic
economics are designed to achieve the betterment of mankind.