The light of the day · Saturday 17 October
The oldest running charities are waqf
Islamic civilisation built the waqf: a permanent endowment whose income funds a hospital, a fountain, a school or a lodge for travellers, for as long as the endowment lasts. Some have served their communities without interruption for more than a thousand years.
Across the Muslim world
Saturday 17 October 2026 · 5 Jumada al-Ula 1448 AH
The word · Law and life
مُرابَحة
Murabahah
A sale at a disclosed cost plus markup, widely used in Islamic banking in place of lending.
In its classical form the seller states what the goods cost him and what profit he is adding, so the buyer knows both figures. Modern banks use it to finance purchases: the bank buys the asset, then sells it on to the customer at a higher price payable in instalments. Supporters point out that the bank takes real ownership and real risk in between; critics answer that the outcome tracks interest too closely, and…
The Path · chapter 40 of 71
الخندق
Khandaq: The Trench
Salman suggested the trench. The Confederates were defeated by wind.
Accept good counsel from companions
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