Islamic Economic System: Halal and Haram
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Questions and Answers

What are some examples of means of earning livelihood and wealth that have been declared unlawful in the Islamic economy?

Interest, bribery, gambling and games of chance, speculation, short weighing and short measuring, business malpractices

According to the text, what are some items of food that are considered unlawful in Islam?

Dead animals, blood, swine flesh, animals slaughtered in the name other than that of Allah

What are some expenses on certain items that are strictly inadmissible in Islam?

Drinks, narcotics, debauchery, prostitution, pornography, things that promote obscenity and vulgarity, lotteries, gambling

According to the verses of the Quran mentioned in the text, what are believers permitted to eat?

<p>The good things provided by Allah</p> Signup and view all the answers

What is the guidance given to believers regarding illegal devouring of one another's wealth?

<p>Do not devour one another's wealth illegally, but rather trade by mutual consent</p> Signup and view all the answers

What are some examples of unlawful means of earning livelihood and wealth in the Islamic economy?

<p>Interest, bribery, gambling and games of chance, speculation, short weighing and short measuring, business malpractices</p> Signup and view all the answers

According to the text, what are some items of food that are considered unlawful in Islam?

<p>Dead animals, blood, swine flesh, and animals slaughtered in the name other than that of Allah</p> Signup and view all the answers

What guidance is given to believers regarding the consumption of certain items?

<p>Believers are guided to consume only the good things provided by Allah and to render thanks to Him. They are advised to avoid carrion, blood, swine flesh, and animals slaughtered in the name other than that of Allah.</p> Signup and view all the answers

In the realm of production and consumption, what concept reigns supreme in the Islamic economy?

<p>The concept of Halal (lawful) and Haram (unlawful) reigns supreme in the realm of production and consumption in the Islamic economy.</p> Signup and view all the answers

According to the verses of the Quran mentioned in the text, what are believers permitted to consume?

<p>Believers are permitted to eat the good things provided by Allah and are forbidden only from consuming carrion, blood, swine flesh, and animals slaughtered in the name other than that of Allah.</p> Signup and view all the answers

Study Notes

Unlawful Means of Earning Livelihood

  • Earning through interest (usury) is prohibited in Islamic finance.
  • Engaging in gambling (maysir) is forbidden as it is considered a form of obtaining wealth unlawfully.
  • Profiting from illegal activities, such as drug trafficking and fraud, is deemed unacceptable.
  • Earning through deceitful means or dishonesty violates Islamic economic principles.

Unlawful Food Items

  • Consumption of pork is strictly prohibited, as it is considered impure (najis).
  • Any form of intoxicants, including alcoholic beverages, is forbidden.
  • Food items that are dead (carcasses not properly slaughtered) are considered unlawful (haram).
  • Food gained through unlawful means, such as theft or cheating, is not permissible.

Inadmissible Expenses

  • Expenditure on illicit drugs or substances is strictly prohibited.
  • Spending money on gambling activities is inadmissible.
  • Funds used for corrupt practices, such as bribes, are viewed as unlawful.

Permissible Consumption for Believers

  • Believers are permitted to eat halal (lawful) food, which includes animals slaughtered according to Islamic guidelines.
  • Fruits, vegetables, and lawful grains are also deemed permissible to consume.
  • Seafood is generally considered permissible, though specific interpretations may vary.

Ethical Guidance on Wealth

  • Believers are warned against wrongfully devouring one another's wealth, which includes any form of deception or exploitation.
  • Emphasis is placed on fairness and integrity in transactions and earnings.

Production and Consumption Principle

  • The concept of halal (lawful) reigns supreme in both production and consumption within the Islamic economy.
  • All economic activities must align with Islamic ethical guidelines, ensuring fairness and justice.

Overall Guidance on Consumption

  • Consumption should focus on sustenance that is lawful, wholesome, and beneficial for the body and soul.
  • Believers are advised to be mindful of dietary choices, ensuring they adhere to Islamic laws while seeking good health.

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Description

Explore the concept of Halal (lawful) and Haram (unlawful) in Islamic economy, and the impact on production and consumption. Learn about the prohibited means of earning livelihood and wealth according to Islamic principles.

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