Becoming an imam
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BlissfullyJaded
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I think all masjids in America ask for donations, even in the actual masjids. The donations go towards paying the imaam, the rent of the building, electricity, and whatever else the masjid needs...
Asalam Alaykum Warakmatulah Wabarkatuh. But in our masjid they are always short of donation to pay the rent. Even though a lot of people donate such as my dad donates 100 dollars per month. I don't think the imam would get paid.
I think all masjids in America ask for donations, even in the actual masjids. The donations go towards paying the imaam, the rent of the building, electricity, and whatever else the masjid needs...
That's how some Protestant Church's work. Sometimes the pastor get's a house on the Church property.
Zico
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Since you have experience in field of Finance then why not persue Islamic Finance & Banking...It's far better than being an Imam + because of the economic crisis, a lot of countries around the world looking for alternatives and Islamic Finance & Banking looks very promising
Hope that helps
Since you have experience in field of Finance then why not persue Islamic Finance & Banking...It's far better than being an Imam + because of the economic crisis, a lot of countries around the world looking for alternatives and Islamic Finance & Banking looks very promising
Hope that helps
I didn't even realize this thread was resurrected; I happened to come across it while browsing earlier today.
In regards to Islamic Finance, I am mostly opposed to the industry as a whole because it is no more than a "work-around" for conventional interest-based financing. There is no such thing as an "Islamic Mortgage", and when it comes to investing in the stock market, every single public company uses interest-based means of financing.
Although there may be a few companies out there in the world operating under the guise of true Islamic financing, the majority out there do not.
The only way true Islamic finance is going to take root is if a true Islamic state were to be established somewhere in the world.
Zico
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Agreed. Many banks here in Kuwait which are supposedly "Islamic" but still use interest and cover it up by using another name imsad.
At least we got to admit it has potential when executed right
see: http://zawya.com/Story.cfm/sidANA20...en opportunity' for Islamic banking: Malaysia
Global crisis a 'golden opportunity' for Islamic banking: Malaysia
KUALA LUMPUR, Jan 12, 2009 (AFP) - The global economic crisis has handed the Islamic finance sector a "golden opportunity" to show it is a better alternative to capitalism, Malaysia said Monday.
Although capitalism has been pre-eminent for centuries, "it is becoming obvious that there is now more proof of its weaknesses," Deputy Prime Minister Najib Razak said in a speech to an Islamic economic conference.
"We Muslims should see the current situation as a golden opportunity for us to prove the power, strength and effectiveness of the Islamic banking and finance system," he said in an opening address.
Islamic banking, a booming 1.0 trillion dollar global industry that prohibits speculation and high levels of debt, has been relatively unscathed by the credit crunch.
The rules of the sector -- which incorporate principles of sharia or Islamic law -- prohibit many of the risky activities that triggered the crisis that is felling economies around the world.
"An economic system that is not closely linked to real and productive activities is a threat to the entire system," said Najib, who is also finance minister.
He said the Islamic approach could provide "concrete and realistic" measures to tackle the crisis and that Malaysia, Southeast Asia's leader in the field, was committed to developing the sector with better training and marketing.
Islamic law prohibits the payment and collection of interest, which is seen as a form of gambling, so highly complex instruments such as derivatives and other creative accounting practices are banned.
Transactions must be backed by real assets -- not repackaged subprime, or high-risk, mortgages -- and because risk is shared between the bank and the depositor there is an incentive for the institutions to ensure the deal is sound.
Islamic finance also shuns investments in gambling, alcohol and pornography in favour of ethical investments.
Also see: http://www.forbes.com/2008/04/21/is...islamicfinance08-cx_ee_mn_0421islam_land.html
Special Report
Islamic Finance
Edited by Elisabeth Eaves and Michael Noer
Islamic finance is booming.
At least $500 billion in assets around the world are managed in accordance with Sharia, or Islamic law, and the sector is growing at more than 10% per year. In spirit, Islamic finance seeks to promote social justice by banning exploitative practices. In reality, this boils down to a set of prohibitions--on paying interest, on gambling with derivatives and options, and on investing in firms that make pornography or pork. No one can say for sure how many of the world's 1.3 billion Muslims will demand Sharia-compliant financial products, but if even a fraction do, the world's largest banks will be happy to oblige.
This will also be interesting:
http://www.lariba.com/knowledge-center/riba-lariba-difference.htm
I have looked into it, although they don't seem to have a wide variety of course offerings. They mostly focus on Arabic, which of course is essential for studying many Islamic texts, but there is also much more to Islamic studies than that. The school does have a seminary program that appears to be in its "pilot" phase, and I'm not sure if they plan on continuing that program and what exactly it entails.
Woodrow
May Allah have mercy on him رحمة الله عليه
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The University of Texas at Austin has an excellent Islamic department. The goal is to train Imams for the USA. Nearly all of the Professors ar graduates from Excellent universities in Saudi and Egypt.
http://www.utexas.edu/cola/depts/mes/islamic/
http://www.utexas.edu/cola/depts/mes/islamic/
i believe there is a Deen college opening in Toronto soon Insha'Allah.
its courses are desgined to be identical to that of Islamic Unviersity of Madinah
Furthermore, you could search online and find out where Saeed Raghea graduated from. I bleive it was from somewhere in the US.
its courses are desgined to be identical to that of Islamic Unviersity of Madinah
Furthermore, you could search online and find out where Saeed Raghea graduated from. I bleive it was from somewhere in the US.
Donia
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I have looked into it, although they don't seem to have a wide variety of course offerings. They mostly focus on Arabic, which of course is essential for studying many Islamic texts, but there is also much more to Islamic studies than that. The school does have a seminary program that appears to be in its "pilot" phase, and I'm not sure if they plan on continuing that program and what exactly it entails.
Ohhh okay. I was under the impression that they were trying to develop it further but I have to be honest that I haven't seriously looked into it. I hope you will find somewhere to go that will be of a benefit to you inshallah because I think your intentions are good.
Donia
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JazakAllah for that website. I had no idea that they offered an Islamic degree at UT. SuphanAllah! I wonder if they offer that at any other universities in Texas.
On a side note, that picture of that baby praying on the webpage is SO adorable mashallah.
May Allah bless him.