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Investment in ASB and ASN

National Council of Fatwa in Malaysia decided that investment in ASN and ASB is permissible.


The question of the economic strength of nations is one important factor to the continuation of the progress of Muslims.

Every law that decided to meet the demands of justice, maslahah and avoid the damage and destruction is greater. In this case, Maybank is the largest Islamic banking institutions in the Asia Pacific region. If the PNB took its share from Maybank, it will not only jeopardize the economy of the majority shareholder which is the Malay Muslims, but it will also greatly affect the economic situation of countries and many Muslim related organizations. Similarly 16.531 jobs involving Muslim Bumiputera staff will also be affected

In determining the permissibility of Islamic arguments in ASN and ASB investments, it is not exactly the argument based on community maslahah construed to waive the principles of Islam because Islam maslahah is also a principle that should be held to determine a ruling.

In this case, the law on investment ASN and ASB can not be viewed from a certain aspect, but to consider all consequences to be faced by Islam and Muslims.
On the issue of permissible investments and illegal, it became clear that the PNB do not invest in sectors related to alcohol and gambling. Mixing in investment only occurs in the financial sector, where 70% of investment Syariah only 30% investment in Maybank still not comply with Shariah.In this case, the investment in the halal sector more than the illegal one.According to most of the jurists of the Hanafi, Maliki, Shafi'i and Hanbali, the jurists did not prohibit such companies when assessing the status of the company's shared by Muslims and non-Muslims.

PNB has implemented changes in particular, the best investments to enable control of the Muslims. In this case, it is important maslahah Muslims and the greater harm is avoided

However, State Fatwa Committee of Selangor decided that investment in ASN and ASB is haram.

This is based on the hadith narrated by Jabir Al-Ja'fifrom Ibn Mas'ud:


ما اجتمع الحلال والحرام إلاغلب الحرام الحلال "Do not mix between the clean and unclean, but defeating thelawful unlawful. "

Skim Amanah Saham Nasional (ASN) and Amanah Saham Bumiputera(ASB) are clearly involved in a mixed investment between Shariah compliance non-compliance transaction.
Skim Amanah Saham Nasional (ASN) and Amanah Saham Bumiputera(ASB) are classified as non-compliant unit trust funds sharia by the Securities Commission Shariah Advisory Council for their involvement in investment does not pass the syariah requirements.

Is there any conclusive proof from Quran or Sunnah on whether fasting would be accepted or not if the muslim is not praying the obligatory prayers while fasting?

2. Question:

Is there any conclusive proof from Quran or Sunnah on whether fasting would be accepted or not if the muslim is not praying the obligatory prayers while fasting?

Answer:

Any person who abandons the prayer while denying its legitimacy goes out of the fold of Islam according to the consensus of the scholars . Indeed, there is absolute evidence that the acts of worship of a non-Muslim are not accepted. Allaah Says (what means):
{And what prevents their expenditures from being accepted from them but that they have disbelieved in Allaah and in His Messenger.}[Quran 9:54].
Allaah also Says (what means):
{The example of those who disbelieve in their Lord is [that] their deeds are like ashes which the wind blows forcefully on a stormy day; they are unable [to keep] from what they earned a [single] thing.That is what extreme error is.}[Quran 14:18].

There are other verses in this regard. As regards a person who abandons the prayer out of laziness, then we do not know absolute evidence which states that his fasting is not accepted; this depends on the ruling of abandoning the prayer. The scholars who are of the view that a person who abandons the prayer out of laziness goes out of the fold of Islam, they have absolute evidence from the Book of Allaah and the Sunnah of the Prophet that the acts of worship of a non-Muslim are not accepted. On the other hand, the scholars who are of the opinion that a person does not go out of the fold of Islam just for abandoning the prayer(out of laziness), did not state that his fasting is not valid.

In Britain, we fast more than seventeen hours a day. Is it permissible to fast for twelve hours only?

1.      Question:

In Britain, we fast more than seventeen hours a day. Is it permissible to fast for twelve hours only?

Answer:

AllaahThe Almighty Said (what means):

{And eat and drink until the white thread of dawn becomes distinct to you from the black thread [of night]. Then complete the fast until the sunset.} [Quran 2:187]

So, the fast time is clearly defined and imposed by AllaahThe Almighty in a way that makes it prohibited to be lengthened or shortened.Allaah The Almighty legislated the fast for very important rationales including refining His slaves’ souls and hearts and purifying them‎ from evil. AllaahThe Almighty Says (what means):

{O you who have believed, decreed upon you is fasting as it was decreed upon those before you that you may become righteous…} [Quran 2:183]

Thus, AllaahThe Almighty did not ordain the fast to torture or trouble His slaves. Before being imposed in the manner that it is, the fasting would start not at the crack of dawn but after the ‘Ishaa‘ prayer or if one would sleep after sunset. However, AllaahThe Almighty had mercy upon this Ummah(nation), facilitated the fast and allowed us to eat and drink all night. What could be easier for you than what AllaahThe Almighty has made easy?

Therefore, what you have suggested in your question is absolutely prohibited because it is tantamount to a manipulation of the religious assignments and a transgression of the limits set by Allaah The Almighty who says (what means): {And those are the limits [set by] Allaah. And whoever transgresses the limits of Allaah has certainly wronged himself.} [Quran 65:1]

Moreover, reward is proportionate to the difficulty of the act of worship; the Prophet, , said: "Whoever fasts Ramadhaan out of faith while seeking its reward from Allaah The Almighty, will have his past sins forgiven." [Al-Bukhaari and Muslim]

Indeed, seeking the reward of AllaahThe Almighty means that you do not think of the fast as something heavy and difficult and you do not feel annoyed about it.

However, if a fasting person finds that it is unbearably difficult for him to complete his fast to the extent that he may die or something of the like, then, it would be permissible for him to break his fast and then refrain from eating again until the end of that fasting day and then, later on, make up for that day.

what is the punishment for drug trafficking and production in islam?

2.      Question:

what is the punishment for drug trafficking and production in islam?

Answer:

As far as we are aware of, there is no specific punishment in Islam on a person who produces or traffics intoxicants and drugs. It is known that it is the Muslim judge who determines the punishment on the disobediences about which no punishment is stated in the Sharee’ah. This is a punishment which is not estimated in Islam and which must be applied in order to fulfil the rights of Allaah and the rights of people. This is generally in regard to acts of disobedience in which no Hadd (i.e. the corporal punishment determined by the Islamic Law) or expiation is mentioned. In this case the Muslim judge chooses a punishment which corresponds to the situation. Heendeavours to choose what is best according to the different status of people and according to the level of disobedience.Finally, the punishment that is applied in some Muslim countries on drug trafficking and producing is the death penalty.     

Allaah Knows best.

3.