Riba Judgement

Riba (interest) judgement written by Justice Muhammad Taqi Usmani can be downloaded here.

Guide to Islamic Banking

E-book on guide to Islamic Banking can be downloaded here. The book is written by Dr. Muhammad Imran Ashraf Usmani (Ph. D. Islamic Finance) for Meezan Bank

Looking for New Steps in Islamic Finance

Islamic banking industry has grown rapidly during the past three decades spreading its operations in many parts of the globe. Making its first debut in the small Savings Association of Mitghamr (Egypt) in 1963, its strength has now reached over 250 financial institutions operating in more than 40 countries with assets valuing USD 750 billions, and an annual growth rate of 15 per cent. Almost all the giant conventional banks are in queue to establish their Islamic units to capture the new emerging market. This rapid growth of Islamic financial industry is, no doubt, encouraging for those who wished to relieve themselves from the prohibition of interest on the one hand and to remain a part of the modern market economy on the other. Now that a substantial period of more than three decades has passed on the experience of Islamic Banks and Financial Institutions, it is imperative to review what they have achieved so far and what they have missed.

Virtues of Merchandise (Faza’il-E-Tijaarat)

Please find the e-book about the virtues of merchandise by Maulana Mohammad Zakaryia Kandhalwi

72 Signs of Trials ( Fitnah ) and Tribulations

Hadhrat Hudhayfah (radiallaho anhu) has narrated that the Holy Prophet (sallallahu’alaihi wasallam) predicted that seventy-two events shall occur in the period close to the Day of Judgement. These are:

1. People will begin to miss their prayers and pay no attention to them. If this is said in our times, there will be nothing surprising in it because the
majority of the Muslim does not offer their prayers. The Holy Prophet (saw) made this prediction at a time when prayers were considered as a line of demarcation between iman and kufr. Even the most sinful and vicious person living in that age did not miss his prayers. In his time, i.e. 1400 years ago, the Holy Prophet (saw) predicted about the present times that the people will miss their prayers.

2. They shall begin to betray their trusts. That is, they will misappropriate the trusts entrusted to them for safe custody.