Thursday, February 17, 2011

Al Wadi’ah – Part II

Syari’ah Justifications on Al-Wadi'ah

1. Based on the Holy Quran (An-Nisa’:58)

إِنَّ اللّهَ يَأْمُرُكُمْ أَن تُؤدُّواْ الأَمَانَاتِ إِلَى أَهْلِهَا وَإِذَا حَكَمْتُم بَيْنَ النَّاسِ أَن تَحْكُمُواْ بِالْعَدْلِ إِنَّ اللّهَ نِعِمَّا يَعِظُكُم بِهِ إِنَّ اللّهَ كَانَ سَمِيعًا بَصِيرًا

(An-Nisa’: 58)

“Indeed, Allah commands you to render trusts to whom they are due and when you judge between people to judge with justice. Excellent is that which Allah instructs you. Indeed, Allah is ever Hearing and Seeing.” (An-Nisa’: 58)

2. Based on the Holy Quran (2: 283)

And if you are on a journey and cannot find a scribe, then a security deposit [should be] taken. And if one of you entrusts another, then let him who is entrusted discharge his trust [faithfully] and let him fear Allah , his Lord. And do not conceal testimony, for whoever conceals it - his heart is indeed sinful, and Allah is Knowing of what you do.”

3. Hadith by The Prophet S.A.W:

"Fulfill the trust that is entrusted to you, and do not betray of people who have entrusted you" . Abu Dawud and Tirmidzi

4. There are a collective agreements among the Fiqh Scholars allowing the practice of Wadi’ah since it is essential to the people in Muamalah.

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