Explain one (1) main reason why riba is haram (not allowed) in Islam. Relate the reason with the objectives and purpose of shariah (Islamic law).

Answers

Answer 1

One main reason why Riba (interest) is considered haram in Islam is that it contradicts the objectives and purpose of Shariah, specifically the principles of justice, social welfare, and economic fairness.

One main reason why Riba (interest) is considered haram (not allowed) in Islam is that it goes against the objectives and purpose of Shariah (Islamic law), particularly the principles of justice and social welfare.

Islamic law aims to establish a just and equitable society where the well-being and welfare of individuals and the community are prioritized. Riba, in the form of charging or paying interest on loans or financial transactions, is seen as exploitative and unjust. It creates an imbalance in financial relationships by allowing lenders to profit without engaging in real economic activities or taking on risks.

Riba is seen as a form of oppression, as it benefits the wealthy and powerful at the expense of the less fortunate. It perpetuates inequality and concentrates wealth in the hands of a few, leading to social and economic disparities. Islamic law seeks to promote fairness, equality, and social cohesion, and riba contradicts these principles by fostering an unfair distribution of wealth and exacerbating financial inequalities.

Additionally, riba undermines the concept of mutual assistance and cooperation in Islamic society. It discourages the practice of helping others in need through interest-free loans or charitable acts. Islam encourages individuals to support each other and engage in economic activities that are beneficial to society as a whole.

By prohibiting riba, Islam seeks to ensure economic justice, prevent exploitation, and promote a balanced and fair financial system. The prohibition of Riba is rooted in the broader objectives of Shariah, which aim to establish a just and prosperous society where the economic well-being of individuals and the community are harmonized with spiritual values and ethical principles.

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Related Questions

Which of the following managers would NOT use finance?
A. Operational managers
B. Marketing managers
C. Human resource managers
D. All of these would use finance.

Answers

Operational managers, marketing managers, and human resource managers would all use finance to some extent, but their primary focus lies in other areas of management.

finance is an integral part of business management, and most managers utilize financial knowledge and skills to make informed decisions. However, some managers may not directly use finance in their day-to-day operations.

operational managers primarily focus on overseeing production processes and ensuring efficient resource allocation. They are responsible for managing the production line, optimizing workflows, and ensuring the timely delivery of goods or services. While operational managers may need to understand basic financial concepts to assess the cost-effectiveness of production processes, their primary focus lies in maximizing production efficiency and minimizing costs.

marketing managers, on the other hand, are responsible for developing and implementing marketing strategies to promote products or services. They analyze market trends, conduct market research, and create marketing campaigns to attract customers. While marketing managers may need to consider budgetary constraints and financial implications when planning marketing activities, their primary focus is on reaching target audiences and increasing sales.

human resource managers handle employee recruitment, training, performance evaluation, and other HR-related activities. They ensure that the organization has a skilled and motivated workforce. While human resource managers may need to consider financial aspects such as employee salaries and benefits, their primary focus is on managing personnel and fostering a positive work environment.

Therefore, while all managers benefit from understanding financial concepts, operational managers primarily focus on production efficiency, marketing managers on promoting products, and human resource managers on managing personnel.

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Human resource managers would not typically use finance in their day-to-day operations. Therefore, the correct option is C.

Human resource managers mainly focus on personnel management, recruiting, employee relations and other aspects related to the human capital of the organization, while operations managers and marketing managers need to understand and use financial concepts in their decision-making process. Might be possible. Despite the fact that they may have a basic knowledge of financial concepts, their main duties do not involve financial problems.

Therefore, the correct option is C.

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Demand-pull inflation happens when the demand for goods
remains very low.
shifts up and down.
matches the supply.
increases.

Answers

Demand-pull inflation occurs at the time when the demand for goods increased.

The following information regarding the demand-pull inflation is:

It represents the imbalance impact with respect to the aggregate supply & demand. At the time when the aggregate demand outweighted the aggregated supply so the price should increased. Due to this, the demand should increased that means high prices.

Therefore we can conclude that demand-pull inflation occurs at the time when the demand for goods increased.

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Answer:

Demand-pull inflation happens when the demand for goods increases.

Explanation:

option D

Describe at least two capital investments that would increase growth for your business. In other words, how might you expand the frontier of your production possibilities curve? Explain how your capital investments would help, and classify each investment by category: facilities, equipment, labor, marketing, or expansion. (Business would be making baked goods and drawings.

Answers

While the second would fall under marketing. Other potential capital investments for a business like this might include expanding facilities (such as renting a larger kitchen or office space), hiring additional labor to increase production, or expanding the product line to include new baked goods or artwork.

What is Capital Investment?

Capital investment refers to the purchase of long-term assets or investments that are expected to provide benefits for the company over a prolonged period. These investments are intended to generate income or increase productivity and efficiency, rather than be used for immediate consumption.

Online Marketing Campaign (Marketing): Another way to expand the business could be to invest in an online marketing campaign. This might involve hiring a marketing consultant to develop a social media strategy or creating targeted ads to reach a wider audience.

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Under the Investment Advisers Act of 1940, cash payment to a broker-dealer from an investment adviser in return for client referrals is A) not permitted under any circumstances B) permitted with no restrictions C) permitted if the investment adviser makes certain disclosures to the clients and meets other requirements D) permitted if the investment adviser and broker-dealer are affiliated

Answers

Answer:

It's A.

Explanation:

Any attempt to conduct dishonest activities online would be described as ______.a. piracy b. identity theft c. transparency d. online fraud

Answers

Answer:

online fraud I'm pretty sure

Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.​

Answers

Explanation:

to eliminate their best efforts in the company

Answer:

"bureaucratic barriers"

Explanation:

i got it right on plato

Which of these producer activities did you participate in this week? Check all that apply.
U
I served people at a restaurant, hotel, coffee shop, or other business.
I worked in a bank, library, or retail store.
I created art to be sold in an art show
I made a product
I did yard work or other chores for pay.

Answers

Answer:

2nd and 4th

Explanation:

Answer:

2 and 4

Explanation:

Homeshoring provides companies with operational efficiencies while also resolving possible issues related to:_________

a. cost
b. outsourcing jobs
c. facilities
d. management

Answers

Home shoring helped the companies in providing operational efficiencies by resolving the issues of outsourcing jobs also.

Option B is the correct answer.

What is outsourcing?

Outsourcing is the activity where the third party fulfills the work being given by the company.

Home shoring is the process where the companies are providing jobs in the comfort of the respective homes of their employees. This helped the companies to hire employees from any part of the world or nation. It also provides immense exposure to employees without even going to the office space.

Therefore, the issue of outsourcing the jobs would be solved by home shoring leading to enhancing the operational efficiency of companies.

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What is this form used for?
SAVINGS WITHDRAWAL
FIFTH BANK
TOWNVILLE, ST
101 S. 1ST STREET
ACCOUNT NUMBER
DATE
$
NAME
SIGNATURE
1:50117135:
02
2010 Going
to withdraw money from a savings account
to deposit money in a savings account
to order checks
open a savings account

Answers

Answer:

to withdraw money from a savings account

Explanation:

The document appears to be a  savings withdrawal form. The words Withdrawal are clearly visible, implying it is used when making withdrawals.

To withdraw is the removal or get money from a savings or checking account. Customers use the withdrawal form when they need to get money from their accounts. They need to fill in the amount required in words and figures and signs in the appropriate place. The customer then hands over the form to a teller.

The price elasticity of demand is typically expressed as a positive number because:
a) the demand curve has a positive slope.
b) price and quantity move in the same direction.
c) it's convenient to use absolute values.

Answers

The price elasticity of demand is typically expressed as a positive number because price and quantity move in the same direction. (option b).

To calculate the price elasticity of demand, economists use the formula:

Price elasticity of demand = (percentage change in quantity demanded) / (percentage change in price)

Because both the numerator and denominator of this formula are expressed as positive values, the resulting elasticity value will also be positive.

This positive value tells us that the relationship between price and quantity demanded is such that as price increases, quantity demanded decreases, and vice versa.

Additionally, expressing elasticity as a positive number makes it easier to compare the responsiveness of demand across different goods and services, even if they have different prices and quantities.

Hence option (b) is right.

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Given that bearclaws chooses the profit-maximizing price and quantity, what profit level will it obtain? a. $980. B. $490. C. $700. D. $280

Answers

Given that bearclaws chooses the profit-maximizing price and quantity, yhe profit level will it obtain is D. $280

How to calculate the amount

A monopoly maximizes its profit at the quantity where marginal revenue (MR) = marginal cost (MC). As shown in the diagram, the MR curve intersects the MC curve at Q* = 70. The total revenue is calculated as follows: TR = P × Q. At Q* = 70, the price that Bearclaws can charge is P = $14.

Hence, the total revenue at the quantity where Bearclaw maximizes profit is given by: TR = 14 × 70

= $980.

The total cost is calculated as follows: TC = ATC × Q. At Q* = 70, we can see on the diagram that it is where average total cost (ATC) = $10 (draw a straight line from ATC curve at Q = 70 to the P axis to see this value). Hence, the total cost at the quantity where Bearclaw maximizes profit is given by: TC = 10 × 70 = $700.

The profit is calculated as follows:

Profit = TR - TC = 980 - 700

= $280.

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Given that bearclaws chooses the profit-maximizing price and quantity, what profit level will it obtain?

Which are Career and Technical Student Organizations? Select six options.

Business Professionals of America
American Association of School Administrators
American Chemical Society
DECA
Future Business Leaders of America
FFA
Skills USA
FCCLA

Answers

The Career and Technical Student Organizations are Business Professionals of America, DECA, Future Business Leaders of America, FFA, SkillsUSA, and FCCLA.

Career and Technical Student Organizations (CTSOs) are extracurricular groups that provide students with opportunities to develop leadership skills, explore career pathways, and enhance their technical and professional abilities. Out of the options provided, the six CTSOs are:

1. Business Professionals of America (BPA): BPA focuses on developing business and leadership skills among students, with a focus on careers in business, finance, marketing, and information technology.

2. DECA: DECA is an organization that prepares students for careers in marketing, management, and entrepreneurship. It offers competitions, leadership development, and networking opportunities.

3. Future Business Leaders of America (FBLA): FBLA is a student organization that helps students develop leadership and business skills. It offers a wide range of competitive events and programs related to business and entrepreneurship.

4. FFA (formerly known as Future Farmers of America): FFA is an organization that promotes agricultural education and provides opportunities for students interested in agriculture, food science, and natural resources to develop leadership skills and career readiness.

5. SkillsUSA: SkillsUSA focuses on career and technical education, offering students opportunities to develop trade-specific skills, compete in various technical events, and participate in leadership activities.

6. FCCLA (Family, Career, and Community Leaders of America): FCCLA aims to help students develop leadership skills and prepare for careers in family and consumer sciences. It focuses on areas such as culinary arts, early childhood education, fashion design, and hospitality management.

These organizations provide students with valuable experiences outside of the classroom, allowing them to apply their skills, connect with industry professionals, and explore potential career paths within their respective fields.

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is the market currently in equilibrium, experiencing a shortage, or experiencing a surplus? what do you expect to happen to the average rent?

Answers

The COVID-19 pandemic has had a significant impact on the global economy, with many industries experiencing major disruptions in supply and demand.

Some industries, such as travel and hospitality, have been hit particularly hard due to the pandemic-related restrictions and a decrease in consumer demand. Others, such as e-commerce and technology, have seen increased demand as people shift towards online shopping and remote work.

In many countries, the pandemic has also led to significant government intervention in the form of economic stimulus packages, tax relief, and other measures aimed at mitigating the negative effects of the pandemic on businesses and households. These measures have been aimed at increasing consumer spending, preserving jobs, and maintaining the stability of financial markets.

Overall, the pandemic has created an uncertain and rapidly changing market situation. Businesses are adapting to changes in consumer demand and supply chain disruptions, while also navigating government policies and other external factors. As vaccination efforts continue and restrictions are gradually lifted, it remains to be seen how the global economy will continue to evolve.

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The elasticity of demand for a good is –0.75. A 4% increase in price will cause a:______.
A) 3% iecrease in quantity demanded.B) 5.33% decrease in quantity demanded.C) 5.33% increase in quantity demanded.D) 0.19% decrease in quantity demanded.

Answers

Answer:

A) 3% decrease in quantity demanded.

Explanation:

As we know that

The price elasticity of demand is

= Percentage Change in quantity demanded ÷ Percentage change in price

Since the elasticity of demand is -0.75

And, there is a price of 4%

Since, the price elasticity of demand is in negative that means the quantity demanded is decreased by 3% that comes from

= 4% × - 0.75

= -3%

Hence, the first option is correct

may a broker salesperson agreement transfer responsibility for all brokerage activities to the salesperson

Answers

A broker-salesperson agreement cannot transfer the responsibility for all brokerage activities to the salesperson. This is because the broker holds primary responsibility for ensuring all brokerage activities are conducted lawfully andby any relevant regulations.

As  licensed brokers, they must oversee and supervise the activities of the salespersons working under them. While salespersons can be delegated specific tasks and responsibilities, the ultimate responsibility for lawful brokerage activities lies with the broker.

The broker's must  maintain compliance with any licensing and legal requirements, as well as ensure the integrity and ethical conduct of the brokerage. This includes supervising salespersons' activities, providing proper training, and addressing any potential issues or discrepancies.

A salesperson, on the other hand, operates under the supervision of the broker and is responsible for carrying out their assigned tasks. They must also adhere to any relevant laws and ethical guidelines while working on behalf of the brokerage. However, the salesperson does not have the same level of authority or responsibility as the broker.

In summary, while a broker-salesperson agreement may assign specific duties and responsibilities to a salesperson, it cannot transfer the overall responsibility for all brokerage activities. The broker must remain accountable for ensuring that all activities are lawfully authorized and conducted professionally.

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True or false: Changes in cash are classified as either operating activities, direct activities or indirect activities.

Answers

The operating cash flows often uses the direct method of presentation. Changes in cash are classified as either operating activities, direct activities or indirect activities is a false statement.

Operating activities is said to be cash activities that are linked to net income.

The cash flow direct method often determines changes in cash receipts and payments.

The indirect method often takes the net income gotten in a period and adds or subtracts changes in the asset and liability accounts.

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The purpose of in-transit inventory is to _____.

Answers

The purpose of an inventory in transit is to provide the materials necessary for the product to enable general production.

In-transit inventory,also called transportation inventory or goods-in-transit, is any product shipped by a seller but not yet received by a buyer.Your similar goods in transit refers to purchased inventory that is currently on its way to a physical store,an e-commerce warehouse,or partially processed or finished goods that are shipped between factories long distances is called inventory.Goods in transit means Material has been shipped by. Vendor but not received by us.This entry is important when the ledger will be closed when Goods in transit refers to merchandise and other inventory that have left the seller's shipping dock, but have not yet reached receipt.

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You can start life after high school with a clean slate. How does knowing this affect your perspective of learning about personal finance?.

Answers

Strong financial knowledge and decision-making skills help people weigh options and make informed financial decisions, such as when and how to save and spend, comparing costs before making a large purchase, or other long-term goals.

What exactly is personal finance?

Personal finance includes money management, saving, and investing. Budgeting, banking, insurance, mortgages, investments, retirement planning, tax planning, and estate planning are all covered. The term is frequently used to refer to the entire industry that provides financial services to individuals and families, as well as financial and investment advice.

Individual goals and desires, as well as a plan to meet those needs within your financial constraints, influence how you approach the items listed above. To make the most of your earnings and savings, you must become financially savvy—this will enable you to distinguish between good and bad advice and make sound financial decisions.

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Empathy involves _____.


feeling pity

active listening

feeling sorry

written communication

Answers

Answer:

active listening

Explanation:

Empathy involves making every effort to understand others FROM THEIR POINT OF VIEW. It means communicating an understanding of how THAT PERSON feels in a situation, NOT how YOU would feel in that situation.

Empathy is defined as “the feeling that you understand and share another person's experiences and emotions” or “the ability to share someone else's feelings”. Feeling sorry for a person automatically generates feelings of pity, which is not helpful in situations where people are in pain.

I hope this helps! :)

☁️☁️☁️☁️☁️☁️☁️

whats the importance of business?​

Answers

Answer:

la Importancia de los Negocios es que Promueve el crecimiento económico. Promueve la inversión local y extranjera. Aumenta la competitividad de las empresas.

Explanation:

The US Senate has approved approximately how many treaties?
O 2.500
O 1,500
O 2,000
O 1.000

Answers

Answer:

2500

Explanation:

The United States Senate has approved approximately 2500 treaties. This assertion is based on the statistics that fifty years after the United States independence, the US Senate has only approved 60 treaties. By the period World War II began in 1939, the US Senate has approved another 800 treaties. Also, between 1940 to 1989, the United States Senate has approved an additional 759 treaties. And between 1989 to this moment, the United States Senate has reportedly approved 890 treaties.

Hence, summing all of them together, we have 60 plus 800, plus 759, plus 890, making it 2509 treaties. That is approximately 2500 treaties.

Answer:

B. 1,500

Explanation:

It’s on the passage

Culture, demand and competition impose saturation limits above which no amount of advertising spending can increase sales. True or false.

Answers

True that culture, demand, and competition impose saturation limits above which no amount of advertising spending can increase sales.

It is true that culture, demand, and competition impose saturation limits above which no amount of advertising spending can increase sales. Advertising can help increase brand awareness, familiarity, and preference among consumers, but there comes a point where the market becomes saturated, and additional advertising spending does not lead to significant increases in sales. The saturation limit may vary depending on the product or service, the industry, and the target audience. Therefore, it is crucial for businesses to understand their market and determine the optimal advertising budget to achieve their sales goals.

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What is one thing that can be learned by studying the technical skills of expert photographers? O A. how having a large memory card in our cameras helps us take great photos O B. how changing settings on our cameras can change our photographs O C. how to talk about your photographs with your friends or family O D. that only landscape orientation photographs should be used for landscape photos​

Answers

Answer:

B.

Explanation:

The answer is B. By studying the technical skills of expert photographers, one can learn how changing settings on cameras can affect the outcome of photographs. Understanding camera settings such as aperture, shutter speed, ISO, and white balance allows photographers to have greater control over their images. These settings can impact the exposure, depth of field, motion blur, and overall look of the photographs. By mastering these technical skills, photographers can create the desired visual effects and capture the essence of their subjects.

Which statement best describes the Sprint Backlog as outcome of the Sprint Planning?
A. Every item has a designated owner.
B. It is a complete list of all work to be done in a Sprint.
C. It is ordered by the Prodcut Owner.
D. It is the Development Team's plan for the Sprint.
E. Each task is estimated in hours.

Answers

The Sprint Backlog, as an outcome of Sprint Planning, is the Development Team's plan for the Sprint.

The correct option is D. It is the Development Team's plan for the Sprint.

The Sprint Backlog represents the Development Team's plan for the Sprint. During Sprint Planning, the Development Team collaborates to determine which Product Backlog items they can commit to delivering during the upcoming Sprint. The Sprint Backlog consists of the selected items from the Product Backlog that the team intends to complete.

The Sprint Backlog is not just a random list of work; it is a dynamic plan that evolves as the Sprint progresses. It includes the tasks and activities necessary to fulfill the selected Product Backlog items. The Development Team determines how they will approach the work, breaks it down into manageable tasks, estimates the effort required, and assigns ownership to each task.

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Final answer:

The Sprint Backlog, in the context of Scrum methodology, is the Development Team's plan for the upcoming Sprint. It is not an exhaustive list of tasks and activities, but rather represents the tasks that the team has decided to complete, based on their capacity and the Product Owner's priorities.

Explanation:

The Sprint Backlog refers to the set of product backlog items that a development team aims to complete within a single Sprint in a Scrum methodology, along with a plan for completing these tasks. So, the statement that best describes the Sprint Backlog as an outcome of the Sprint Planning would be D. It is the Development Team's plan for the Sprint.

This essentially means that the development team determines what work should be accomplished throughout the Sprint, and this work is broken down into manageable tasks represented in the Sprint Backlog. It is not an exhaustive list of every single task to be completed, nor is each item necessarily estimated in hours or ordered by the Product Owner, as the work can be adjusted during the Sprint based on progress and emerging requirements.

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Which invention ensured that raising wheat would remain the main economic activity in the midwestern prairies?

Answers

The invention of the mechanical reaper ensured that raising wheat would remain the main economic activity in the midwestern prairies.

The mechanical reaper was developed by Cyrus McCormick in 1831, and it revolutionized farming. The reaper was capable of quickly harvesting a large amount of wheat in a single day, significantly reducing the amount of manual labor required. This enabled farmers to increase their wheat production, as well as their profits. Additionally, it helped to ensure the region's economic stability, as the mechanical reaper enabled the farmers to focus their attention on growing wheat and less on manual labor. As a result, the region's economy began to depend heavily on the wheat industry, leading to its continued success for the next century. Overall, the invention of the mechanical reaper provided a major boost to the midwestern prairies' economy by ensuring that raising wheat would remain its main economic activity.

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Why would you write a complaint to a company?

Answers

maybe because they didn’t give you what you asked for, or gave you something bad or low quality. hope i gave you some good options! :)

Answer:

To discuss with a company about a problem you may be having with their service or product.

Explanation:

Aubrey is considering different options for paying for college. Which option would require her to repay the money plus interest?A. Student loanB. ScholarshipC. GrantD. Work-study

Answers

Answer:

A student loan

Explanation:

A student loan would be the answer because a loan is something that is borrow so you would have to pay back all of the money that you use therefor Aubrey would get a student loan because that requires her to pay the money back.Hope it helps you!

advantage of running a business with someone and disadvantage​

Answers

advantages are you can split the workload and the costs between the two of you, but the disadvantages are more prone to infighting, and you have to split the profit

Marketing issues such as​ advertising, image, and promotion are important to quality​ because:
A. the intangible attributes of a product​ (including any accompanying​ service) may not be defined by the consumer.
B. they make the product seem more valuable than it really is.
C. they raise expenses and therefore decrease profitability.
D. they define for consumers the tangible elements of a service.
E. they educate consumers on how to use the product.

Answers

(A.) the intangible attributes of a product​ (including any accompanying​ service) may not be defined by the consumer. Because OPTION A, marketing concerns including promotion, advertising are crucial to quality

Advertising refers to the methods used to draw attention to a good or service. In order to attract consumers' attention, advertising seeks to highlight a good or service. It is often used to market a particular product or service, although there are many other applications as well, with commercial advertising being the most popular. Through "branding," which links a product name or image with particular traits in customers' minds, commercial advertising frequently aim to boost consumption of their goods or services. Direct-response advertising, on the other hand, is the term used to describe advertisements that aim to prompt a quick sale. Political parties and interest groups are examples of non-commercial organizations that market more than goods or services for consumers.

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In some countries a surgeon can earn 250000 or more each year. A nurse may earn just 40000 in comparison. Suggest three reasons for this differential in earnings.

In some countries a surgeon can earn 250000 or more each year. A nurse may earn just 40000 in comparison.

Answers

Answer: See explanation

Explanation:

The reasons for the difference in wages include:

1. Education and training: A nurse uses about 4-5 years to train to become a nurse while a surgeon uses about 15 years both at medical school and for further training and examination before he or she qualifies as a surgeon. This is a reason for the higher earning of the surgeon.

2. Also, due to the low barriers to entry, there are numerous nurses than surgeons who are few. This affects earnings as well as there are more supply of nurses which brings about a lower income than surgeons who are scarce and highly priced.

3. The skills and experience matters as well and the risks involved in their jobs results in wage difference too.

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