Important Jurisprudential Discourses (book): Difference between revisions
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==Issues Related to Economics and Financial Affairs== | ==Issues Related to Economics and Financial Affairs== | ||
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# '''Banks:''' The author considers current accounts as "loans" (qarḍ) and fixed deposits as "muḍāraba" (profit-sharing partnership) (p. 344). He validates transactions with state-owned banks by affirming the legal personality of governments (pp. 347-350). | # '''Banks:''' The author considers current accounts as "loans" (qarḍ) and fixed deposits as "muḍāraba" (profit-sharing partnership) (p. 344). He validates transactions with state-owned banks by affirming the legal personality of governments (pp. 347-350). | ||
# '''Banking Transactions:''' From the author's perspective, the profit from current accounts is permissible only if it is a unilateral commitment from the bank (pp. 352-353). To validate fixed deposits, he proposes the "muḍāraba" contract (pp. 356-358), and for loans, he suggests using alternative contracts with genuine intent (p. 359). | # '''Banking Transactions:''' From the author's perspective, the profit from current accounts is permissible only if it is a unilateral commitment from the bank (pp. 352-353). To validate fixed deposits, he proposes the "muḍāraba" contract (pp. 356-358), and for loans, he suggests using alternative contracts with genuine intent (p. 359). | ||
# '''Money:''' The author considers the value of paper money to be "conventional" (iʿtibārī) (p. 363). Consequently, usury in loans (ribā al-qarḍī) applies to it, but usury in trade (ribā al-muʿāwaḍī) does not (p. 366), and zakat is not applicable to it (p. 369). For long-term debts, he considers the "purchasing power" of the money at the time of payment as the criterion, not its nominal value (pp. 374-376). | # '''Money:''' The author considers the value of paper money to be "conventional" (iʿtibārī) (p. 363). Consequently, usury in loans (ribā al-qarḍī) applies to it, but usury in trade (ribā al-muʿāwaḍī) does not (p. 366), and zakat is not applicable to it (p. 369). For long-term debts, he considers the "purchasing power" of the money at the time of payment as the criterion, not its nominal value (pp. 374-376). | ||
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==Guardianship of the Jurist (Wilāyat al-Faqīh)== | ==Guardianship of the Jurist (Wilāyat al-Faqīh)== | ||