By Donald D. Hester
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Extra info for Bank Management and Portfolio Behavior
He warned his companions that previous nations were destroyed because weak defendants – those lacking social status – were convicted, while strong defendants were vindicated because of their social standing. He therefore refused any attempts of intercession on behalf of perpetrators based on their status. Instead, he asserted that even his daughter, Fāṭimah (d. 124 The third characteristic of sharī‘ah is its comprehensiveness: “And We have not sent you [O Muhammad] except comprehensively to mankind as a bringer of good tidings and a warner.
Anafis stipulated a fourth condition: a condition necessary for the fulfillment of an act must occur in order for the act to be valid. 108 Delving into the details of this disagreement is beyond the scope of this discussion. Staying within the realm of the subject of a sharī‘ah ruling, the mukallaf’s conduct, jurists have divided these acts based on the holder of the right for each act. Understanding this classification of rights is important because of practical considerations, such as the procedure for application of each particular sharī‘ah ruling.
It will be said], ‘Read your record. Sufficient is yourself against you this Day as an account” (17:13–14). This serves as an intrinsic motivator to remind people to be conscious of the Divine and careful in fulfilling their duties in a just manner. Muslims hew to the law not just out of reverence for it, but also because they await the reward of the Divine and fear Divine punishment. The continuous reminders of the day of judgment also serve to encourage people to strive to do their best in acts of obedience, since they know that their work will be meticulously scrutinized and their ranks determined on the basis thereof: “And say, ‘Do [as you will], for Allāh will see your deeds, and [so, will] His Messenger and the believers.
Bank Management and Portfolio Behavior by Donald D. Hester