Lesson 10
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Beginners’ Course on IslamLesson 10
Lesson Outline Wealth management in Islam
Making a will Understanding Faraid
What there is to know about mosque History Purpose Etiquettes Visit
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Wealth Management in Islam Islam is a religion
that addresses the needs of a person:1. How to connect to
the Creator;2. How to connect
the Creation.
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Wealth Management in Islam Family institution have a deep importance in the
religion. The messenger of Allah (peace and blessings be
upon him) advised us to ensure that our family members would have a secure future upon our demise.
م� م�ن� ي�ر� له� ثتك أغ�ن�ياء خ ر ك و �ن�ك أن� تت�ر� إون الن�اس ف� �م� عالة& يتكف كه� ...أن� تت�ر�
“It is better to leave your heirs independent of means, than to leave them poor and holding out their hands to people…”
Saying of Prophet Muhammad peace and blessings be upon him
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Wealth Management in IslamRights of the deceased: There are rights of the deceased that need to be
observed.1. Burial rights;
2. To settle his/her debts;
3. Bequests rights (Will);
4. Estate Division amongst the family members (Faraid).
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Bequest Rights
Narrated Abdullah bin Umar: Allah's Apostle said, "It
is not permissible for any Muslim who has
something to will to stay for two nights without
having his last will and testament written and kept
ready with him."
Saying of Prophet Muhammad peace and blessings be upon him
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Estate Division (Irth/ Law of Faraid)
Estate division refers to the share allotted to each heir by Sacred Law.
The scriptural basis for estate division, prior to the consensus of scholars, consists of the Quranic verses on inheritance (4:11 – 12, 4:176) and traditions of the Prophet (peace and blessings be upon him) where he said:
“Give the obligatory shares of the estate to those who deserve them…”
Narrated by Imam al-Bukhari and Imam Muslim
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Wealth Management in Islam
The Difference between bequests and estate division: A bequest is the act of a living person
disposing of his own property, even if it is to be implemented after his death.
An estate division occurs after his death according to the Quranic rules of inheritance.
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Wealth Management in IslamThe Difference between bequests and estate division: Bequests:
1. Maximum amount is a third of his property.2. Is valid to be made for Muslims and Non-Muslims.3. Is not valid if it were to be given to those who have a share in
the estate division.
Estate Division:1. Have a specific share allocated for each member of the family.2. Will only be distributed once the other rights of the deceased
have been observed (burial rights, debts are settled and bequests have been fulfilled)
3. Is not applicable if the family member falls in one of the three categories, (He/she murdered the deceased, he/she is of a different faith, he/she is a slave)
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Wealth Management in IslamMuslims in Singapore: Administration of Muslim Law Act (AMLA) All Muslims in Singapore are directly under AMLA The law governs the marriage, divorce, burial and
inheritance. All Muslims inheritance will fall under the Faraid law,
unless stated.
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Masjid and Muslims
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What is a Masjid?What is a Masjid? Literally means a place for prostration.
More specifically, a place for congregational worship with an established imam (prayer leader) and mu’azzin (person who calls out the azan).
Know that a Muslim can do their prayers anywhere…
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History of the House of Prayer
The mosque of Quba’:It’s foundations were built by Prophet Muhammad (peace and blessings be upon him) when he migrated to Yathrib.
History of the House of Prayer
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Masjidil Haram, Ka’bah, Saudi Arabia
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History of the House of Prayer
Al-Aqsa Mosque, Jerusalem
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Their functions
House of Worship
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Their functions
Gathering and activities
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Their functions
Seeking knowledge
Mosque Etiquette
I. Dress appropriately;II. Enter the prayer area
with ablution;III. Step in with the right
foot;IV. Perform the
recommended prayer called ‘Tahiyyatul Masjid’;
V. Etc…
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Know the Masjid
The Minaret
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• Used to give the call of prayers.
• A way to tell Muslims the location of the nearest mosque.
Ablution Area
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Prayer Hall
End Thank you for coming.
Any Questions?
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