Luqatah – Lost & Found Property

Imagine you are walking along the street, suddenly you find a bag full of items. What would you do? Ignore it or pick it up? If you chose the latter, what will you do the next? Being a practicing Muslim you would want to do what Islam guides you to Continue Reading

Al-Hayat Foundation

People who suffer in their early age either grow into an evil or become messiah for the needy. They feel the pain of poor. Zafar Iqbal Chaudhary is one such social worker personality from Mandi Bahau Din. By profession he is a wealthy car importer businessman. Zafar Chaudhary established “Al-Hayat Continue Reading

Types of Companies in Islam

(Read Company & Trade Laws Here) (Read Rules of Selling Here) There are 5 types of companies defined in Islamic Economic System: 1. The Company of Equals (Al-‘Inan): This is a type where all partners put their money into a business and all work with it. Both partners would have Continue Reading

Companies in Islam

(Read Rules of Trade / Selling Here) Being a comprehensive way of life, Islam has laid down specific laws for trading and designated various rules for when individuals come together to form a company for business purposes. Basics of a Corporate or Company The Company (Sharika in Arabic) is an Continue Reading