Showing posts with label bait'ul-maal. Show all posts
Showing posts with label bait'ul-maal. Show all posts

Friday, December 15, 2023

Financial Sacrifice- 4

 

On Bait'ul-Maal


Alhamdulillah, Summa Alhamdulillah, I continue today the fourth part of my sermon on Financial Sacrifice.

 

Today, we will delve into the meaning of the Bait'ul-Maal? The expression “Bait'ul-Maal” is a combination of two words, namely “Bait” (which means “House”) and “al-Maal” (which means “the Wealth”). The meaning of this compound name literally means “House of Wealth” or “Treasury House”, where wealth is accumulated and preserved.

 

Today we know the Bai'ul-Maal as a record of many financial transactions, whether it is in businesses, in governments, and especially also in the field of the Deen of Islam where many people contribute and all are recorded in many well detailed books and even deposited in the bank.