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10th Saffar 1440 affecting the Muslims in Kenya. 19th October 2018
THE BAIT-UL-MAAL
THE ONLY TRULY ISLAMIC FINANCIAL INSTITUTION
By Khalid Ibrahim
In the midst of heated debate about fiat money, distinct charity functions but that provided a economy to grow so that by the commencement
banking and their permissibility in Islam an old broad range o financial services to Rasullulah of the Khilafah of Muawiyyah bin Abu Sufyan (ra)
concept has been introduced by conservative (saaw) his family, senior Sahaba, governors and the Muslims state was the second largest economy
Muslims that not only appears to be the solution their families and a wide range of senior state in the world.
for the problem of rib’a and the deceptive officials whose scope and functions were expanded The gold dinar and the silver dirham though they
western based monetary system. It appears to be by each subsequent Khalifah to become a central were not declared as legal tender by the regime
the foundation for the revival and resurgence of bank with a commercial banking arm, venture because of their intrinsic value and fungability
Islam. This matter is the matter of the Bait-ul- capital arm and what would be described today as backed by the Bayt-ul-Maal became the currency
Maal. an investment banking division. of choice for two-thirds of the world for a period
Established almost immediately upon the Muslims The Bayt-ul-Maal through a historians eyes today of nearly 400 years and when Islam began to
migration from Mecca to the city of Medina looking for its equivalent would be more like the decline the gold and silver standard remained as
the Bayt-ul-Maal remains the only Islamically financial supermarkets that western economies the currency standard for another 50 years for the
recognized financial institution and it is for this have spent the last ten years to create. It is a entire world.
reason that a growing number of Islamic scholars wonder that we who were far superior in the realm Though the gold and silver dinar were originally
have begun to argue that to remain true to the of money banking and finance have regressed to created by the Byzantium empire it is their
spirit of Islamic jurisprudence any attempt to bring copy the deceptive and fraudulent model of those adoption by the Khalifah Umar ibn Al-Khattab
a solution to the matter of rib’a must commence who were inferior to us. (ra) as one of five currencies to be used in the
with looking at how we regulated and managed The Bayt-ul-Maal as an institution survived all Muslim world that gave the dinar and dirham life
financial affairs amongst the Muslims over 1,300 the way until 1924 un-interrupted presiding over and that has kept them in the money debate for
years of Islamic world domination. Such an unmatched economic upliftment and integration the subsequent 1,400 years.
examination would be deficient without an almost wherever the word of Islam touched.
forensic examination of the Bayt-ul-Maal. This venture into the monetary realm created
Second the Bayt-ul-Maal was the quasi-custodian monetary stability and enabled the Muslim
Modern Islamic historian Fazlur Rahman Malik from as early as the Khilafah of Abu Bakr (ra) of economy to grow so that by the commencement
in an audit of the actual functions of the Bayt-ul- commodity money among the Muslims and by of the Khilafahof Muawiyyah bin Abu Sufyan (ra)
Maal in his epic book “Rib’a and Interest” written the Khilafah of Umar (ra) the Bayt-ul-Maal was the Muslims state was the second largest economy
in 1964 makes six startling revelations that are of minting gold dinar and silver dirham as the key in the world.
great interest when it comes to this topic. determinant of monetary policy in the Muslim The gold dinar and the silver dirham though they
First the Bayt-ul-Maal established by Rasullulah Ummah.This venture into the monetary realm were not declared as legal tender by the regime
(saaw) was a very basic financial institution with created monetary stability and enabled the Muslim
Continued on page 3
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A mosque is not a building. A mosque is the for Tabuk, saying: ‘O Messenger of God, we an outpost, an observation post, for those who
Aqeedah of the administration and the people have built a mosque for the sick and needy and waged war against God and His Messenger
of the mosque. If the mosque for instance for rainy and cold nights, and we would like you before, that is, before it was built — meaning
promotes democracy or rib’a or gambling the to visit us and pray for us in it.’ [The Prophet] the above-mentioned Abu ‘Amir — they will
vast majority of the Ulama are of the opinion said that he was on the verge of traveling, and swear: ‘We desired nothing, by building it, but,
that the mosque can be avoided or even was preoccupied, or words to that effect, and to do, good’, by way of kindness towards the
boycotted for its deviation from the Shariah. that when he returned, God willing, he would poor in times of [heavy] rain or [extreme] heat
In the worst case the mosque can be destroyed. come to them and pray for them in it. When he and in order to provide [a place of worship] for
The evidence for this is detailed herein stopped in Dhu Awan, news of the mosque came the Muslims; and God bears witness that they
to him, and he summoned Malik b. Dukhshum, are truly liars, in this [claim of theirs]. They had
Masjid ad-Dirar was a mosque built in Madinah
a brother of the Banu Salim, b. Awf, and Ma’n asked the Prophet (saaw) to perform prayers in
by a monk named Abu Amir and some
b. Adi, or his brother Asim b. b. Adi, brothers of it.”
hypocrites. It was built close to masjid Quba’
the Banu al-Ajlan, and said: ‘Go to this mosque
with the intention of mischief and plots to Tafsir Ibn Kathir: The reason behind revealing
whose owners are unjust people and destroy
disuniting the Muslims. After it was built, Abu these honorable Ayat is that before the
and burn it.’ They went out briskly until they
Amir invited the Prophet (saaw) to pray in it. Messenger of Allah migrated to Al-Madinah,
came to the Banu Salim b. Awf who were malik
The Prophet (saaw) accepted the invitation there was a man from Al-Khazraj called
b. Al-Dukhsum’s clan. Malik said to Ma’n, ‘Wait
and promised to pray in it after he’s back “Abu `Amir Ar-Rahib (the Monk).” This man
for me until I bring fire from my people.’ He
from his journey. When the Prophet (saaw) embraced Christianity before Islam and read
went to his kinsfolk and took a palm branch
returned from his journey, Allah exposed the the Scriptures. During the time of Jahiliyyah,
and lighted it. Then both of them ran until they
hypocrites’ plots and informed the Prophet Abu Amir was known for being a worshiper
entered the mosque, its people inside, set fire
(saaw) about their hypocrisy and ill intentions. and being a notable person among Al-Khazraj.
to it and destroyed it and the people dispersed.
So He prevented him from praying in it. Thus When the Messenger of Allah arrived at
Concerning them it was revealed in the Qu’ran:
the Prophet (saaw) ordered the companions to Al-Madinah after the Hijrah, the Muslims
burn it down. Allah says in the Qu’ran: ‘And those who have taken a mosque for gathered around him and the word of Islam
[working] mischief and disbelief, as well as was triumphant on the day of Badr, causing
And [there are] those [hypocrites] who took
disunion among the faithful and as an outpost Abu `Amir, the cursed one, to choke on his
for themselves a mosque for causing harm and
for those who already fought God and His own saliva and announce his enmity to Islam.
disbelief and division among the believers and
Messenger, will swear, ‘we desired nothing but He fled from Al-Madinah to the idolators of
as a station for whoever had warred against
good.’ God witnesses what sort of liars they are.’ Quraysh in Makkah to support them in the war
Allah and His Messenger before. And they will
(9:107) against the Messenger of Allah (saaw)
surely swear, “We intended only the best.” And
Allah testifies that indeed they are liars. Do not Tafsir al-Jalalayn: “And, among them, those The Quraysh united their forces and the
stand [for prayer] within it – ever. A mosque who have chosen a mosque — these were Bedouins who joined them for the battle of
founded on righteousness from the first day is twelve men from among the hypocrites — by Uhud, during which Allah tested the Muslims,
more worthy for you to stand in. Within it are way of harm, to cause distress for those of but the good end is always for the pious and
men who love to purify themselves; and Allah the mosque of Quba’, and disbelief, since they righteous people. The rebellious Abu Amir
loves those who purify themselves. (9:107-108) built it on the orders of the monk Abu ‘Amir, dug many holes in the ground between the
as a sanctuary for him, so that whoever comes two camps, into one of which the Messenger
The following are some quotes from scholars
from his side may stay there: he had gone to fell, injuring his face and breaking one of his
regarding this matter.
the Byzantine Emperor (qaysar) to bring troops right lower teeth. He also sustained a head
At-Tabari: “The Messenger of God proceeded to fight against the Prophet (s), and to cause injury. Before the fighting started, Abu Amir
until he halted in Dhu Awan, a town an hour’s division among the believers, who pray in the approached his people among the Ansar and
daytime journey from Medina. The people who mosque of Quba’, by having some of these tried to convince
had built the Mosque of dissent (Masjid ad- pray in their [the hypocrites’] mosque, and as Continued On page 3
Dirar) had come to him while he was preparing
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