Category Archives: Religion of Abraham

A Clarification of Moonsighting – Sheikh Haitham al-Haddad (MP3)

Symbolizing the faith of Islam, the crescent moon is seen at sunset on top of the Faisal Mosque in Islamabad, Pakistan, Tuesday, Sept. 16, 2008.

A lecture delivered by the Sheikh clarifying a confusing subject for many Muslims, which inevitably causes conflict between various Muslim groups every Ramadan and ‘Eid. Based on the Qur’an and Sunnah, the Sheikh clarifies the difference between the astronomical month of Ramadan and the shari’i month, and its implication upon the fiqhi rulings. Continue reading

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Is Iran The Islamic State? – Atif Salahuddin

Flag of Islamic Republic of Iran

Contrary to popular belief Iran is not an Islamic state as outlined by the Quran and Sunnah. In Sunni Islam the Caliphate with the Caliph elected by the people is the benchmark whilst Shia Islam considers an infallible Imam appointed by Allah(SWT) as the legitimate ruler over the Islamic state. To understand the true reality of Iran one needs to consider the actual constitutional foundations of post-revolutionary Iran. An examination of the Iranian political system and comparison with the Islamic state of Muhammad(SAW) will reveal Iran as very much a man-making legislative quasi democracy couched in an Islamic garb which differs from the Western model only to the extent that it does not incorporate liberal social values in it’s political culture; it is not a ‘liberal democracy’ so to speak. Continue reading

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The rival to the Bible

Bible closeup

What is probably the oldest known Bible is being digitised, reuniting its scattered parts for the first time since its discovery 160 years ago. It is markedly different from its modern
equivalent. What’s left out? Continue reading

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The Aqsa Masjid, Inside in 3D‏

Masjid Al Aqsa The 3D Kabah The Prophet’s Mosque (Masjid Al-Nabawi) – Al-Madinah Al-Munawarah, Saudia Arabia

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Is Islamic finance the answer?

Experts in Islamic finance believe their way of doing business has shielded them from the global credit crisis.

“We don’t recognise the concept of interest… to look for some profit from trading money,” explains Dr Bambang Brodjonegoro from the Islamic Development Bank.

“In the Islamic concept, money is strictly for the purpose of exchange or storing value, but not for the transaction of looking for excessive profit,” he says.
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Vatican promotes Islamic finance in face of global crisis

Dinar

Vatican says Western banks should look at rules of Islamic finance to restore confidence amongst clients. Continue reading

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Why has the Muslim world failed to develop? – Adnan Khan

Crest Continue reading

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There are Alternatives to Free Market Capitalism! – Islamic Economics

Dinar

The current financial crisis has seriously eroded confidence the Western world had in the suitability of the free market. However the Western world when looking at alternatives only see remnants of Socialism or some state intervention in economy as feasible and workable systems. It is also this reason that allowes free market ideologues to continue citing more regulation, transparency i.e. more capitalism with some tinkering as solutions. This crisis represents an opportunity for all Muslims to present the Islamic alternative. Continue reading

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The American crescent

In a special two-part film Rageh Omaar travelled across the US exploring the roots and influence of Islam in America. Islam in America The International Museum of Muslim Cultures Jackson, Mississippi

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Islamic finance rides the storm – SMH – 11 Oct.08

Coinage

A thriving financial sector sounds like an oxymoron these days. Even Australia’s banks – among the most profitable in the world -kept a fifth of this week’s interest rate cut to cushion their margins. But there is one sector that has tongues wagging in the hubs of commerce: Islamic finance.

While the Western world’s financial system has been imploding, this small but rapidly growing share of world capital has weathered the storm.
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