Islamic Finance is taking off 🚀

السَّلَامُ عَلَيْكُمْ وَرَحْمَةُ ٱللَّهِ وَبَرَكاتُهُ‎,

Truck with anti-Muslim imagery circles parking lot of Muslim Center, Muslim population rapidly growing in England, Global Islamic Finance Industry expected to reach US$5.9trln by 2026

Let's dive in.

Headline Roundup:

• Truck with anti-Muslim imagery circles parking lot of Muslim Center in Piscataway (NJ)

• Muslim population is rapidly growing in England (TN)

• Muslim preacher faces trial in New York for trying to recruit woman as bride for Islamic State (MEY)

• Muslim hiking group tackles exercise stereotypes (BBC)

• Students, faculty protest Iranian Islamic regime outside UCC (WG)

• Christians and Muslims in Durham come together to package 8,100 pounds of food donations (DR)

• Restaurant Owner in France Fined for Discrimination against Muslims (IQN)

• Indonesia’s top Islamic clerics object to US LGBTQ rights envoy’s visit (BN)

• Darul Uloom Dewsbury to close down following damning Ofsted report (5P)

• New report highlights devastating plight of Muslim kids in social care (5P)

• Afghan authorities resume public lashings (5P)

Finance News:

Performance of Sharia-Compliant ETFs:

Coffee Talk:

• Global Islamic Finance Industry expected to reach US$5.9trln by 2026 (ZAW)

• Kuwait ranks 5th globally in Islamic banks assets (ATO)

• Pakistan to establish Islamic banking mode within 5 years (ET)

• How to keep your investments halal (BL)

• Islamic finance will continue to expand in the next decade (GN)

The Art Corner: The Clear Path

Source: Mustafa Davis

Our Pick:

On the authority of Rabeeyah al-Asslamee who said : I used to serve the Messenger of Allaah –sallAllaahu alayhi wa sallam– and he gave me some land, and he gave Abu Bakr some land, and when it came to dividing the land, we differed over a cluster of dates from a date palm tree. Abu Bakr said : this is on my side of the land! And I said : It is on my side! There used to be a problem between me and Abu Bakr, and Abu Bakr said a statement to me which I hated but he regretted saying it, so he said to me: ‘O Rabeeyah! Say something to me similar to what I said to you, so that it can be a requital.’

So I said : ‘I will not say it.’

Abu Bakr said : ‘You will say it or I will request the Messenger of Allaah –sallAllaahu alayhi wa sallam– to order you to say it.

So I said : ‘I will not say it.’

Abu Bakr left that portion of the land for me and went off to the Prophet –sallAllaahu alayhi wa sallam– and I followed him. The people from my tribe followed us and said to me: ‘May Allaah have mercy on Abu Bakr, why is he going to the Messenger of Allaah –sallAllaahu alayhi wa sallam–about you, and he said what he said about you.’

So I said : ‘Do you know who this is?? This is Abu Bakr as-Siddeeq, he is one of the two who were in the cave, he is one who has grown old as a Muslim ( one of the elders of the Muslims), beware he does not turn around and see you assisting me against him and becomes angry and he meets the Messenger of Allaah –sallAllaahu alayhi wa sallam– , and the Messenger of Allaah –sallAllaahu alayhi wa sallam– will become angry due to him being angry, and then Allaah Azza wa Jal becomes angry due to them being angry and then Rabeeyah will be destroyed.’

They said : ‘What do you order us to do?’

I said : ‘Go back.’

Abu Bakr –RadhiAllaahu anhu- went off to the Messenger of Allaah –sallAllaahu alayhi wa sallam– , so I followed him by myself, until he reached the Prophet –sallAllaahu alayhi wa sallam– and he told him the story as it was. The Prophet –sallAllaahu alayhi wa sallam– raised his head towards me and said: ‘O Rabeeyah what’s the matter between you and as-Siddeeq?’

I said : ‘O Messenger of Allaah –sallAllaahu alayhi wa sallam– such and such happened, and he said a statement to me which I disliked, then he said to me, say something similar to what I said to you so that it can be requited, but I refused.’

Then the Messenger of Allaah –sallAllaahu alayhi wa sallam– said: ‘Yes, do not say a word back to him, but say: May Allaah forgive you O Abu Bakr. May Allaah forgive you O Abu Bakr.’

Hasan said: ‘Abu Bakr turned around and he was crying.’

Source: Abdur Rahman

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