Thursday, May 6, 2010

Contracts

You who believe! When you take on a debt for a specified period, write it down. A writer should write it down between you justly. No writer should refuse to write; as Allah has taught him, so he should write. The one incurring the debt should dictate and should have fear of Allah his Lord and not reduce it in any way. If the person incurring the debt is incompetent or weak or unable to dictate, then his guardian should dictate for him justly. Two men among you should act as witnesses. But if there are not two men, then a man and two women with whom you are satisfied as witnesses; then if one of them forgets, the other can remind her. Witnesses should not refuse when they are called upon. Do not think it too trivial to write down, whether small or large, with the date that it falls due. Doing that is more just in Allah’s sight and more helpful when bearing witness and more likely to eliminate any doubt–unless it is an immediate transaction hand to hand, taken and given without delay. There is nothing wrong in your not writing that down. Call witnesses when you trade. Neither writer nor witness should be put under pressure. If you do that, it is deviancy on your part. Have fear of Allah and Allah will give you knowledge. Allah has knowledge of all things. (282)
(Holy Quran, Surah Al-Baqarah (The Heifer), Surah # 2: Ayah #282)

You who believe! Do not consume one another’s property by false means, but only by means of mutually agreed trade. And do not kill yourselves. Allah is Most Merciful to you. (29) As for anyone who does that out of enmity and wrongdoing, We will roast him in a Fire. That is an easy matter for Allah. (30) If you avoid the serious wrong actions you have been forbidden, We will erase your bad actions from you and admit you by a Gate of Honour. (31) Do not covet what Allah has given to some of you in preference to others–men have a portion of what they acquire and women have a portion of what they acquire; but ask Allah for His bounty. Allah has knowledge of all things. (32)
(Holy Quran, Surah An-Nisa’(Women), Surah # 4: Ayah #29-32)

You who believe! Fulfil your contracts. All livestock animals are lawful for you, except those that are recited to you now; but it is still not lawful to hunt while you are in the state of pilgrimage. Allah makes whatever judgements He wills. (1)
(Holy Quran, Surah Al-Ma’ida (The Table, The Table Spread), Surah # 5: Ayah # 1)

Fulfill your contracts. Contracts will be asked about. (34)
(Holy Quran, Surah Al Isra’ (The Night Journey) or Bani Isra’il (The Children of Israel), Surah # 17: Ayah # 34)
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