Dear Readers
Thanks for showing interest to contribute to the blog, your support and prayers are most valuable. We are honored with your interest to add content to the website, you can use this post to provide a brief info regarding yourself and the topics you would like to contribute to the blog.
The blog gets on an average 1000 pageviews, 700 unique visitors across the globe and 100+ returning visitors and growing Alhamdulillah.
This would provide an opportunity to express your thoughts, learnings and share experiences. You would keep the ownership of the content you publish.
The website which was earlier on started by muhammed yaseen is now home to a number of interested authors willing and wishing to contribute.
Thank you All and Welcome.
Wednesday, January 20, 2010
Chennai Cyclothon BSA Hereculese
After the amazing success of Bangalore Cyclothon, here comes the much awaited Chennai Cyclothon
and here is why
Very Much the cause We all care about
and here is why
History is a witness to what actually Marathon wasand we are a witness to what it is Today
The Cycling Revolution "BSA Hercules Chennai Cyclothon 2010 - Healthy You, Healthy Planet" is an initiative of "Children of the World India" and "Percept D' Mark" for making lives healthier and a pollution free environment for the coming generations.
The Cycling Revolution "BSA Hercules Chennai Cyclothon 2010 - Healthy You, Healthy Planet" is an initiative of "Children of the World India" and "Percept D' Mark" for making lives healthier and a pollution free environment for the coming generations.
Very Much the cause We all care about
Friday, January 15, 2010
Solar Eclipse 2010
The biggest solar eclipse of the century, the sun had different moods today turning from crescent to the fiery ring, solar eclipse of 2010
For a change we took a different view, of its reflections and its shadows.
Suresh's Mural, as he captured the eclipse reflection on to the wall.
Eclipse forms patterns on the road.
Nope It is not a million dollar special effect
It is a poem by the eclipsed sun by its rays seeping through the leaves making way into the shade.
The Burqa Ban
"It is important for western countries to avoid impeding Muslim citizen from practicing religion as they see fit, for example by dictating what clothes a Muslim women should wear. We can’t disguise hostility towards any religion behind the pretense of liberalism."
-Barack Obama
-Barack Obama
Assume Mr X's belongs to religion A, and Z's belong to religion B. with this in mind consider the following scenarios and their corresponding verdicts (of a liberal free thinker ;) )
I - One Z1 after learning about Religion B understands the the etiquette of dressing and follows it.
Verdict :: OK FINE
II - One Z2 forces Z1 on a dress code which Z1 does not like to adhere to.
Verdict :: Mr Z2, THATS NOT OK
III - One X1 forces Z1 on a dress code which Z1 does not like to adhere to even after knowing that Z1 would be forced to break the religious code Z1 believes in,
Verdict :: Mr X1- NOT OK + NOT OK (reason being one Z1 is being forced to wear something Z1 does not like plus X1 forces Z1 to break the etiquette of Religion)
Lot is being said about the religious status of the Burqa, a lot of folks commenting 'I think its like this', 'this is what i understand'.
okay fine, lets also see what the experts say in this regard.
Well I am not an expert so read this here
Jazakallah Mlv Zakariya Bin Yahya for providing the fatwa link.
Jazakallah Mlv Zakariya Bin Yahya for providing the fatwa link.
Wednesday, January 13, 2010
Sabarimala Pilgrims Road Accident Kerala
A lorry carrying 40 Sabarimala pilgrims from Andhra Pradesh ->Vijayavada ->Nandigram ->Anasagaram village met with an accident at Erumeli>Kanamala, 11 people lost their lives 12 injured most of whom are in a critical condition.
The shocking incident happened tuesday night at 8, the pilgrims of Sabarimala uniformly dressed in simple black dresses are revered as guests and seekers of spirituality. Such accidents cause a sense of hurt as if a guest at our own home is hurt.
Necessary steps should be taken to ensure the safety of the pilgrims, the pilgrims were trapped and suffocated under sand bags and sand filling in the lorry which used as a seating arrangement as the lorry toppled while negotiating a curve.
Prasadu(24), Sivakrishna(20), Sivakrishna(19), Thirumal Rao(20), Raghava Rao(25), Ramesh(25), Veshu Babu(25), Chindu(24), Sivaramakrishna(18), Krishna(20), Hari Nellamkudi(30) lost their lives.
Injured: - Nageshwari Amma(60), Bhupathi(45), Samba(30), Srinvasan(35), Kumaraswami(14),Senthil Kumar(32), Venkiteshwara Rao(42), NagaRao(52), Perayya (50), Senthalu(40), Nageshmani(45), Sai Manikandan(8) has been admitted to the Kottayam Medical College Hospital.
Devaswam Minister Kadannappalli Ramachandran, MLA AN Jayaraj, District Collector Mini Antony, RDO PS Basheer, Thahseeldaar Santhosh Kumar were leading the relief efforts at the accident site, the Kottayam MLA VN Vasavan was at the medical College.
Friday, January 8, 2010
Original Stories
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Kochi Smart City - Status
1.What TECOM wants - 239 acres of land out of Which 12% should be on Independent Ownership.
2.What Kerala Govt Wants - TECOM should provide a written agreement that says they will not sell the 12% land.
Hurdles 'Communication Issues', in the last two years there has been multiple changes of government representatives(total 5).
The project is expected to provide 90,000 jobs in 10 years
Wednesday, January 6, 2010
Stock Exchange Shares- Halaal or Haraam?
In a debate on the permissibility of trading in Shares. Which has a direct impact on the permissibility of investing in Oasis Equity Fund, Futuregrowth AlBarakah Equity Fund and Fraters Equity Fund.
The main players are Mufti Ashraf Saheb of Springs (referred to as MA), and Mufti Ebrahim Desai Saheb of Daarul Iftaa, Camperdown (referred to as DI). The issues will explain themselves and unfold as you read through the various correspondences. To assist the reader, the editor has taken the liberty to insert notes in {brackets}.
Admittedly, some sections are boring and repetitive. The major thrust of the discussion climaxes towards the end, after much tedious reading. Although the discussion is lengthy, wealth is a trust in your hands and you have a responsibility to earn it from and spend it in only Halaal avenues. In order to do this, you need to educate and empower yourself. This debate will make you informed.
Realising that some readers would not have the time or interest in perusing the entire debate, it was decided to provide a very brief summary, which follows.
There exists a misconception in some quarters that the permissibility of trading in shares on the stock-market is an issue upon which there is consensus of the Ulama. Far from the truth, there is no such unanimity. All that has been mentioned thus far is an initial theory of some Ulama, which in the words of Hadhrat Mufti Taqi Uthmani Saheb, should "not be treated as a final verdict on this subject". Rather, what has been expressed was done for the purpose of providing "a foundation for further research" (again Hadhrat Mufti Taqi Uthmani Saheb's words.)
DI attempted to undertake the further research mentioned, and could not make sense of the theory of permissibility. In order to be fair and get greater clarity on the issue, a number of pertinent Ulama were approached. Sadly, they did not respond, with the exception of Mufti Ashraf Saheb. The debate before you then ensued between DI and MA. The theory of permissibility rests upon the recognition of the "juristic person" in the Shariah. MA could not provide any conclusive proof to substantiate such recognition. MA clearly lacked a proper understanding of what the juristic person is. He nevertheless conceded that he could not provide an example of ownership vesting in an artificial being. There is no such concept in Shariah. This is one important area upon which the theory of permissibility rests. Hence the theory failed on this leg.
MA was under the misunderstanding that the Directors and Shareholders own the tangible assets of the Company, and could not distinguish between a partnership and the modern company. Many attempts were made to try to explain these concepts to him, and the major part of the discussion revolves around this. DI has provided ample proof that the Directors and Shareholders do not own the tangible assets of the Company. The bulk of this debate revolved around these detail proofs. An in-depth exposition was made of the nature of the "share", and it was shown that the capital provided by the shareholder is in essence a loan to the company. Being a loan, it accrues what amounts to in Shariah as Riba (interest). Furthermore, it was highlighted that such a scheme also falls under the category of Qimaar (gambling).
Sadly, when the theory of permissibility had no leg to stand on, emotional arguments were resorted to. It was hoped that the discussion be confined to academic proofs. The DI has exhausted all reasonable efforts in trying to convince those holding the opposite view, and has now presented the full details for the public. The public may then see for themselves that the fatwa of DI was after extensive research into the matter, and after engaging other Ulama on the issue. It is the ruling of DI that trading in shares on the stock-market is Haraam. And Allah Ta'ala knows best.
The detailed discussion
the fatwa
The main players are Mufti Ashraf Saheb of Springs (referred to as MA), and Mufti Ebrahim Desai Saheb of Daarul Iftaa, Camperdown (referred to as DI). The issues will explain themselves and unfold as you read through the various correspondences. To assist the reader, the editor has taken the liberty to insert notes in {brackets}.
Admittedly, some sections are boring and repetitive. The major thrust of the discussion climaxes towards the end, after much tedious reading. Although the discussion is lengthy, wealth is a trust in your hands and you have a responsibility to earn it from and spend it in only Halaal avenues. In order to do this, you need to educate and empower yourself. This debate will make you informed.
Realising that some readers would not have the time or interest in perusing the entire debate, it was decided to provide a very brief summary, which follows.
There exists a misconception in some quarters that the permissibility of trading in shares on the stock-market is an issue upon which there is consensus of the Ulama. Far from the truth, there is no such unanimity. All that has been mentioned thus far is an initial theory of some Ulama, which in the words of Hadhrat Mufti Taqi Uthmani Saheb, should "not be treated as a final verdict on this subject". Rather, what has been expressed was done for the purpose of providing "a foundation for further research" (again Hadhrat Mufti Taqi Uthmani Saheb's words.)
DI attempted to undertake the further research mentioned, and could not make sense of the theory of permissibility. In order to be fair and get greater clarity on the issue, a number of pertinent Ulama were approached. Sadly, they did not respond, with the exception of Mufti Ashraf Saheb. The debate before you then ensued between DI and MA. The theory of permissibility rests upon the recognition of the "juristic person" in the Shariah. MA could not provide any conclusive proof to substantiate such recognition. MA clearly lacked a proper understanding of what the juristic person is. He nevertheless conceded that he could not provide an example of ownership vesting in an artificial being. There is no such concept in Shariah. This is one important area upon which the theory of permissibility rests. Hence the theory failed on this leg.
MA was under the misunderstanding that the Directors and Shareholders own the tangible assets of the Company, and could not distinguish between a partnership and the modern company. Many attempts were made to try to explain these concepts to him, and the major part of the discussion revolves around this. DI has provided ample proof that the Directors and Shareholders do not own the tangible assets of the Company. The bulk of this debate revolved around these detail proofs. An in-depth exposition was made of the nature of the "share", and it was shown that the capital provided by the shareholder is in essence a loan to the company. Being a loan, it accrues what amounts to in Shariah as Riba (interest). Furthermore, it was highlighted that such a scheme also falls under the category of Qimaar (gambling).
Sadly, when the theory of permissibility had no leg to stand on, emotional arguments were resorted to. It was hoped that the discussion be confined to academic proofs. The DI has exhausted all reasonable efforts in trying to convince those holding the opposite view, and has now presented the full details for the public. The public may then see for themselves that the fatwa of DI was after extensive research into the matter, and after engaging other Ulama on the issue. It is the ruling of DI that trading in shares on the stock-market is Haraam. And Allah Ta'ala knows best.
The detailed discussion
the fatwa
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