All texts are translated by the blog author.

I am available to teach Arabic privately in London or online and that I am available to translate documents.

http://www.3rbi.info/Article.asp?ID=5084 The financial system for the Islamic state Islam has placed a financial system in accordance of which money does not exceed the goal for which it was [intended]. Among the most prominent features of the Islamic financial system is that it is a system that exists within the religious, social and economic directives of […]

http://www.3rbi.info/Article.asp?ID=5084 The Islamic organisation of stock exchanges require that chief elements of the salam contract [a type of forward sale contract], in that it is the selling of a known thing up to a certain term, be applied to future contracts in both paper money markets and commodities markets with the availability of the most […]

http://www.3rbi.info/Article.asp?ID=5084 Commercial insurance, which insurance companies carry out, does not achieve the legal characteristic for co-operation and joint responsibility though both reciprocal insurance and social insurance achieve the functional characteristic which Islam prescribed for co-operation and making sacrifices. So these two types of insurance exist [based] on the intention of co-operation, joint responsibility and donation […]

http://www.3rbi.info/Article.asp?ID=5084 The objective of [having] Islamic banks is that they take the place of commercial banks considering that they operate on interest, and it is here that some Islamic jurists are of the opinion that the mudaraba (silent partnership) contract1 in Islam is considered a legal basis for some contemporary credit processes, accordingly, it modifies the […]

http://www.3rbi.info/Article.asp?ID=5084 Production, distribution and exchange In the view of Islamic jurisprudence, which is deduced from the Qur’an and the Hadith, the state intervenes in order to expand production within the framework of the lawful and the forbidden, with the following things: a) occurrence of a specific or general harm b) exploitation c) earning through [the act of] […]

http://www.3rbi.info/Article.asp?ID=5084 Ownership and its standards in Islam In the last many years concern for the issue of transferring public ownership to the private sector started to increase in both developed and developing countries, however, Islam has placed rules for distributing ownership that are appropriate in every place and time since Islam does not approve the link […]