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BECOME RICH! Rich in your understanding of commerce in Islam. Do you want to develop a practical understanding of Islamic finance and transactions? Do you want to avoid falling into the numerous and commonly unknown forms of Riba?This course covers all monetary transactions from the day-to-day transactions that every person is involved in to business dealings and contracts. You will also learn about the various types of investments, payment options, loans, credit cards, bonds and all that relates to money. The principles learned in this course will enable you to deal confidently with money without fear of falling into Riba.What will you learn?Learn about a financial system that is far superior and more just than any current financial system!And Allah has permitted trade, but forbidden Riba (Surat al-Baqarah, 2:275)"And Allah has permitted trade, but forbidden Riba" [AlBaqarah: 275]One of the most difficult and confusing issues to Muslims now a days are the matters pertaining to the rulings of buying and selling. With trade and commerce having expanded with such rapid force, many are searching for what Islam has to say about it all. Of recent, a surge in global Islamic finance and the renewed interest in Shariah business law - requires us to understand the basic principles upon which Islam bases its ruling.In this course, you will be introduced to:1. The Fiqh of business transactions2. Transactions and their classifications3. Forbidden contracts and their understanding4. The correct understanding and application of Riba (Usuary)5. Understanding Heylah (Legal trickery) and how to detect it6. Understand how the element of uncertainty may affect the validity of a transaction7. Principles of Halal investment8. Manners of a Muslim businessman/business women9. Comparisons between western and Shariah commercial law10. Discussions of the ten most popular modern business transaction - everything from:11. Credit cards, roadside assistance, pyramid schemes, ebay, unlimited downloads12. Deposit lay-bys, cash-back policies, modern Islamic mortgages and investments in bonds13. Stocks and metals, laws on business and intellectual property, franchising…14. Discussion of sample contracts from Islamic financial institutions15. A preliminary study of how to islamise large scale economic policies and ensure smooth transition to a riba-free economy
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