Islamic Law in the News Roundup

ISLAMIC LAW IN THE NEWS Dr. Sohail Hanif, who became National Zakat Foundation's Chief Executive in November 2021, appeared in a podcast for islamic21c.com to speak about "the power of zakat." The Federal Shariat Court of Pakistan asked the government to end interest-based banking by 2027. Some Muslim jurists have cautioned Muslims against making their … Continue reading Islamic Law in the News Roundup

Fatwās on Cryptocurrency: Egypt’s Dār al-Iftāʾ

By Raha Rafii Grand Muftī Shawky Ibrahim Allam of Egypt’s Dār al-Iftāʾ issued a fatwā in December 2017[1] stating that any and all uses of cryptocurrency was ḥarām, or forbidden—including purchasing, selling, and leasing. The al-Azhar-affiliated Dār al-Iftāʾ was established in 1895 with the Grand Muftī as its head; throughout its history it served a … Continue reading Fatwās on Cryptocurrency: Egypt’s Dār al-Iftāʾ

Fatwās on Cryptocurrency: The Syrian Islamic Council and the International Union of Muslim Scholars’ al-Qaradaghi

By Raha Rafii Throughout the last few years, Muslim scholars have contested the validity of cryptocurrency in Islamic jurisprudence, particularly in light of its quick expansion in regions like the Gulf and Southeast Asia.[1] Cryptocurrency differs from standard forms of currency in that it exists only digitally and transactions are not processed through a central … Continue reading Fatwās on Cryptocurrency: The Syrian Islamic Council and the International Union of Muslim Scholars’ al-Qaradaghi

Social Dependencies of Islamic Law: A View Through the Legal Commentary

By Sohail Hanif My research has centred on unpacking layers of argumentation in works of Islamic law, particularly legal commentaries. As one unpacks these layers, one comes to learn that what actually is ‘law’ is not always clear, and that it is within the arguments that one finds the principles and reasoning for the sake … Continue reading Social Dependencies of Islamic Law: A View Through the Legal Commentary

Weekend Scholarship Roundup

SCHOLARSHIP ROUNDUP On Islamic Law: In "Modern money and Islamic banking in the light of Islamic law of riba" (International Journal of Finance & Economics (2020)), Muhammad Zahid Siddique (National University of Sciences and Technology, Pakistan) asserts that "[r]iba is not merely a matter of eliminating the institution of interest from economic system, it is about eliminating … Continue reading Weekend Scholarship Roundup

Islamic Law in the News Roundup

ISLAMIC LAW IN THE NEWS Turkish President Recep Tayyip Erdogan vowed to cut interest rates, arguing that the cut is also in line with Islamic law. In a recent interview, one of the few female judges in Palestine, Kholoud al-Faqeeh, commenting on religious courts and women, stated: "A woman’s whole life cycle is before these … Continue reading Islamic Law in the News Roundup

Islamic Law in the News Roundup

ISLAMIC LAW IN THE NEWS After retiring from the NBA, Hakeem Olajuwon launched a successful career in real estate, all the while avoiding borrowing money for his acquisitions that would result in paying or charging interest, which contradicts his faith. Al Barakeh Wheat - a project founded by two Jordanians - teaches people how to … Continue reading Islamic Law in the News Roundup

Islam and Data Science Roundup

A study by Reuters found that Muslims in France have been disproportionately impacted by the pandemic compared to other communities and that the COVID death rate among French Muslims is much higher than in the total population. A Reuters investigation of Indonesia's banking and finance sector revealed that an increasing number of Muslims employed in that sector are "quitting traditional … Continue reading Islam and Data Science Roundup

Islamic Law in the News Roundup

A Reuters investigation of Indonesia's banking and finance sector revealed that an increasing number of Muslims employed in that sector are "quitting traditional banks" citing concerns of incompatibility with Islamic law. Former Minister of European Affairs of Portugal, Bruno Macaes, stated that Islam "is part of European history and culture," adding that "it's not a … Continue reading Islamic Law in the News Roundup

In the News: The Challenge of Navigating Sharīʿa Financing for Education

Testimonies from Muslim students studying in the United Kingdom note the challenge of navigating sharīʿa financing with banks that are not sharīʿa-compliant. Metro UK reporter Faima Bakar writes, “the limitations put on borrowing can stop students from pursuing university altogether. Those who still choose to study via halal means, such as borrowing money from their … Continue reading In the News: The Challenge of Navigating Sharīʿa Financing for Education