วีดีโอ

وعلیکم السلام، درحقیقت مسئلہ یہ ہے کہ شریعت (اسلامی قانون) کیسے اخذ کی جاتی ہے اس کے بارے میں آپ کو محدود سمجھ ہے۔ اعلیٰ شریعت کے ماخذ صرف قرآن مجید اور حدیث ہی نہیں ہیں حالانکہ وہ بنیادی اول اور دوم ہیں۔ یہ دونوں بڑے ذرائع ہیں جیسا کہ آپ چارٹ سے دیکھ سکتے ہیں جو ہم نے شریعت کے بڑے اور معمولی ذرائع (اسلامی قانون) کے اپنے چینل پر پوسٹ کیا ہے۔ جدید دور میں مسائل سے نمٹتے وقت اور خاص طور پر اسلامی بینکاری اور مالیاتی معاملات کے حوالے سے، شرعی علماء اجماع اور قیاس کو بھی اپنی طرف متوجہ کرتے ہیں جو قرآن مجید اور حدیث کے بعد شریعت کے دوسرے بڑے ماخذ ہیں، اور جب اس وقت بھی کسی خاص معاملے پر رائے قائم کرنے کے قابل نہ ہوں تو پھر شریعت کے معمولی ذرائع میں سے کسی ایک کو استعمال کرتے ہیں جیسے کہ اجتہاد اور ارف نیز، علماء کی یہ اجازت عوام کو شرعی تعمیل کے مالی تناسب کو زیادہ سے زیادہ حرام سرمایہ کاری، قرض یا آمدنی کا تعین کرنے کے لیے استعمال کرنے کی اجازت دیتے ہوئے صرف ان سرمایہ کاروں کے لیے ہے جو اقلیتی شیئر ہولڈرز (ریٹیل پبلک) ہیں نہ کہ بڑے ادارہ جاتی سرمایہ کاروں کے لیے۔ پروموٹرز/اکثر شیئر ہولڈرز جو کسی بھی لسٹڈ کمپنی کے انتظامی فیصلوں پر اثر انداز ہو سکتے ہیں۔ ایسے شیئر ہولڈرز کے لیے، سود والے قرض یا آمدنی کی ایک منٹ کی بھی اجازت نہیں ہے۔ امید ہے کہ مذکورہ بالا آپ کے سوال کا جواب دے گا۔

yes they can

Wailaikumsalaam pls zamzam-capital.com/#halal-list

Thank you for your comments. Yes indeed, we wish to promote financial inclusion for the Indian Muslim community and what you suggested is something we hope to contribute to and encourage as well.

Cnc me confirm ho jata hai delivery. abhi kuch din me 0 day allotment aa jayega kuch shares me

Currently, the T+0 settlement cycle is offered for 25 select stocks that include SBI, ONGC and Bajaj Auto.

Whatever you may call it you are giving the jewelers a loan for their working capital purposes and taking a benefit in return. If it was an investment there would be potential for loss as well

Ha bhai iplus tv pr aye

Yes sir ek baar ap waha jayy

Wha pe ulma ki ray alag hai or wo log bhi invite kar rahe ki aye or baat kare

@@DCEMDzeeshanAbdullah Aapko lagta hai ye log jayega? Jo log ak v dalil Nehi deta hai, wo log kaise ja sakta hai?

@@majidurrsarkar ek baar ja kar dono taraf se positive way me baat ho to jo results ayega usse sare logo ka confusion dur ho jata

This is your limited understanding. Sharia is not just Quran and Hadith. They are the 2 major sources. They are other major and minor sources used by the Sharia scholars to derives rulings in todays times.

@zamzamcapital Yes, I have limited understanding. At the start of the video, you asked for references from the Quran and Hadith, but you provided an answer based on the point of view of scholars. I came here to watch this video to understand how these ratios are derived. If you have any clarification, please make a video on it

Wailaikumsalaam, actually the issue is that you have a limited understanding on how the Sharia (Islamic Law) is derived. The sources of the noble Sharia are not just the Holy Quran and Hadith though they are the primary 1st and 2nd sources. They are both Major and Minor sources as you can see from the chart we have posted on our channel of the Major and Minor Sources of Sharia (Islamic Law). When dealing with issues in modern times and especially with regards to Islamic banking & finance matters, Sharia scholars also draw upon Ijma (Consensus) and Qiyas (Analogy) that are the other Major Sources of the Sharia after the Holy Quran and the Hadith, and when not able to form opinion on any particular matter even then, they then use one of the Minor Sources of Sharia such as Istislah (Public Interest), Ijtihad (Interpretation) and Urf (Customs). Also, this leeway of the scholars giving permission for the public to use these Sharia compliance financial ratios to determine maximum allowed Haram investments, debt or income is only for those investors who are Minority Shareholders (Retail Public) and not for the Major Institutional Investors/Promoters/Majority Shareholders who can influence the management decisions of any listed company. For such shareholders, even a minute quantity of interest-bearing debt or income is not permitted. Hope the above answers your question.

​@@zamzamcapitalWho is Alim? Mufti taqi usmani? Mufti taki usmani him self says I am mukallid. Mukallid can't be Alim. Another mukallid comes and says Mufti taqi usmani says, but he can't produce any quran and hadith.

Shayad A ahle hadees hai 😂..every thing he need proofs..

If you can do your own ijtihad or the scholar(s) you follow then from this definition please stay away from all stocks as most if not all have some level of involvement with conventional interest. Also using fiat currency will be problematic for you as that is also based on interest as the entire current monetary system is based on it. So please revert to the barter system and move to the jungles to live!

@ May Allah bless you. Brother there are other investments other than stocks. We have gold, property, and others, all of which are currently doing better than stocks in terms of stability and value. And there is always business/e-commerce. Hence, there are always other Halal pathways open. You are forgetting the matter at hand: You opened the video asking for proofs from the Quran and Sunnah regarding the percentages, and the Mufti replied with none. Not one Ayah nor one Hadith to justify this major sin. If we follow this type of scholar, based on our own wordily wants and desires, it is feared that we may taken to account based on this Ayah: At-Taubah 9:31 ٱتَّخَذُوٓاْ أَحۡبَارَهُمۡ وَرُهۡبَٰنَهُمۡ أَرۡبَابًا مِّن دُونِ ٱللَّهِ They (Jews and Christians) took their rabbis and their monks to be their lords besides Allah (by obeying them in things which they made lawful or unlawful according to their own desires without being ordered by Allah) Alhamdulilah Allah has given us the Qur'an, the sunnah and our own intellect, so we don't have to blindly follow others in their mistakes. The matter regarding the impermissibility of Riba is crystal clear to us. As for those who made mistakes or purposely made the Haraam into Halal, May Allah guide them. I do not say this by my own as i am a Jahil, but i say this from learning about this issue in detail from the scholars. Barakallahu Feek!

Brother ur talking about gold .how do you trade in gold?plz give the details

Wailaikumsalaam, actually the issue is that you have a limited understanding on how the Sharia (Islamic Law) is derived. The sources of the noble Sharia are not just the Holy Quran and Hadith though they are the primary 1st and 2nd sources. They are both Major and Minor sources as you can see from the chart we have posted on our channel of the Major and Minor Sources of Sharia (Islamic Law). When dealing with issues in modern times and especially with regards to Islamic banking & finance matters, Sharia scholars also draw upon Ijma (Consensus) and Qiyas (Analogy) that are the other Major Sources of the Sharia after the Holy Quran and the Hadith, and when not able to form opinion on any particular matter even then, they then use one of the Minor Sources of Sharia such as Istislah (Public Interest), Ijtihad (Interpretation) and Urf (Customs). Also, this leeway of the scholars giving permission for the public to use these Sharia compliance financial ratios to determine maximum allowed Haram investments, debt or income is only for those investors who are Minority Shareholders (Retail Public) and not for the Major Institutional Investors/Promoters/Majority Shareholders who can influence the management decisions of any listed company. For such shareholders, even a minute quantity of interest-bearing debt or income is not permitted. Hope the above answers your question.

@@zamzamcapital Brother even the minor sources are derived from the Quran and Sunnah. You are only listing the methodologies without actually listing the proofs used for their Qiyas. Just trusting someone due to a "Muft" title is not enough as becoming a Mufti is easy nowadays. We have soo many Muftis but very few actually hold true knowledge. You are only telling us the probable methods (like Qiyas, Ijmaa, etc.) they used without the exact sources that allowed these methods to be used in the first place.

No brother from a Sharia point of view it will not be halal as these firms do Intraday plus they are not trading as per Sharia norms. Also investment banking jobs will invariably expose you to riba as even when they are doing M&A activity the financing of such deals are done through debt or equity financing where mostly the underlying transactions are not Sharia compliant. Financial analysis work and financial modelling can be learnt separately and you can work in various other industries where there is a need for a financial analyst. Hope this helps!

@@zamzamcapital Jazakallah Khair for detailed answer.

Jazakallah

Jazakallah

Wailaikumsalaam, MCX stock is not Sharia compliant given the nature of the business. Please refer to our Halal list on our website.

​@@zamzamcapital Asslamu alaikum. Jazak Allah khair for response. 1) This mean we can invest only in sharia compliant stock, MF & Index fund in BSE & Nifty?? 2) Kindly also shade light if we can invest in crypto currency e.g: bitcoin?? in India.

Not true as a general statement but it depends if you are doing speculation through futures or options or doing intraday trading which also has features of speculation/gambling and is also not Sharia compliant as per our Sharia Board

Jazakallah for your kind words

Wailaikumsalaam. That is secondary the very act of doing online forex trading is not Sharia compliant

No this is a subsidiary of Godrej Agrovet Ltd so not listed

Mufti Ibrahim Essa sb is one of the top scholars in the field of Islamic banking today globally. As a top scholar all his statements are 100% based on Sharia sources. Rest is up to the viewers to follow or not.

@zamzamcapital We dont want what top or bottom mufti says.....we want Mufti saheb to say with reference from according to QURAN and Sahi Ahadiths....We follow Muhammad s.a.w....not any Mufti,moulana......

This is why we need to follow the authentic scholars who are trained in the Sharia sciences and also modern banking and finance like scholars on our Sharia Board. To answer where the financial screening ratios for Sharia compliance are devised from we are Insha Allah going to release a video explaining this shortly that should answer your question.