Running a Business Islamically: A Practical Guide - Critical Issues Seminar

Sound financial transactions are a key to cultivating concern and God-consciousness (taqwa) in our lives. Imam Muhammad ibn al-Hasan was once asked, “Why haven’t you written anything on asceticism (zuhd)?” He replied, “I have written on transactions.” Knowing the rulings of transactions allows one to be more God-conscious through mindful financial dealings that are valid, sound, proper, and beneficial.

Students will learn the legal rulings related to contracts; the sales contract; permissible and impermissible conditions in contracts, the elements of sound and unsound transactions, and other issues related to commercial transactions. These include the prohibitions of riba (usury) and deceptive uncertainty (gharar), how to secure contracts through collateral and guarantors, types of partnerships and companies, and more.

Free lunch will be served to all in person attendees post seminar.

About the Instructor:

Shaykh Faraz Rabbani spent ten years studying with some of the leading scholars of recent times, first in Damascus, and then in Amman, Jordan. His teachers include the foremost theologian of recent times in Damascus, the late Shaykh Adib al-Kallas (may Allah have mercy on him), as well as his student Shaykh Hassan al-Hindi, one of the leading Hanafi fuqaha of the present age. He returned to Canada in 2007, where he founded SeekersGuidance in order to meet the urgent need to spread Islamic knowledge–both online and on the ground–in a reliable, relevant, inspiring, and accessible manner. He is the author of Absolute Essentials of Islam: Faith, Prayer, and the Path of Salvation According to the Hanafi School (White Thread Press, 2004.) Since 2011, Shaykh Faraz has been named one of the 500 most influential Muslims by the Royal Islamic Strategic Studies Center.

Host or Publisher SeekersGuidance: The Global Islamic Seminary