IAIS Malaysia

The Wave of Financial Return Crowdfunding: An Overview of the Malaysian Regulatory Response

The concept of ‘taawun’ (cooperation) is not new in Islam. It is highly encouraged among Muslims as part of their religious duties towards the Creator and His creatures. In Surah Al-Maidah, Verse 2, Allah commanded the Muslims to cooperate with each other in good deeds and abstain themselves from any cooperation or collaboration in sinful acts. He commands: “And cooperate in righteousness and piety, but do not cooperate in sin and aggression”. This means that Islam promotes cooperation and collaboration towards actualising any good cause for the benefit of any person or a particular group of people or even for the animal or the world as a whole.....................Download the full article in pdf attachment (below)

 

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Quotable Quotes

Brother stand the pain; Escape the poison of your impulses. The sky will bow to your beauty, if you do. Learn to light the candle. Rise with the sun. Turn away from the cave of your sleeping. That way a thorn expands to a rose. A particular glows with the universal. Rumi

Humour Without Malice

A man who was an adherent of the Magian religion died and left behind a huge debt. Some of his creditors said to his son, "Sell the house and pay off your father's debt." The son said, "If I sell the house and pay off his debt, will he enter paradise?" They said, "No". He said, "Then leave him wherever he is and leave me in the house."

Hikmah

Two blessings in which many people are defrauded are good health and leisure time. (hadith)

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