The GrayFold 📚

Curated research & data // Islam, Economics, and International relations

[The GrayFold 📚 @TheGrayFold]

Some book recommendations at the intersection of Islam, economics and finance 🧵

[The GrayFold 📚 @TheGrayFold]

"Contractum trinius allowed financiers to meet the letter of the law but not the spirit."
📚 Heaven's Bankers by Harris Irfan
Today, many of the Sharia Compliant products are like the above in nature.

[The GrayFold 📚 @TheGrayFold]

We are witnessing Islamic parallels similar to arrangements like the "contractum trinius", developed in medieval Christendom to navigate the Church’s prohibition on usury; a form of compliance while reproducing interest-based lending in practice.

[Safdar Alam @SafdarAlam]

Another Islamic fintech makes waves!

Of course it’s lending. From Saudi

Of course they do Murabaha

Of course it’s even described as “connecting consumers with lenders”

Apply for your loan “entirely online”

Muslims love Riba and we love those who do it FAST and scale and still have the nerve to call it Shariah Compliant

[The GrayFold 📚 @TheGrayFold]

I believe, just straightforward reading, just out of the blue delving into a topic, turns even your baddest day into a meaningful one.

[The GrayFold 📚 @TheGrayFold]

https://t.co/hvw61w2PIY

[The GrayFold 📚 @TheGrayFold]

"Pre-industrial Islamic civilisation did not lack brilliant minds, but rather lacked the institutional machinery to compound their brilliance. The Muslim world of the 21st century faces, in structural terms, the same deficit, complicated immeasurably by the fact that the 20th +

[The GrayFold 📚 @TheGrayFold]

"The material prerequisites for reconstruction exist. What does not exist is the will and understanding to deploy those resources toward the creation of genuinely self-sustaining ecosystems of knowledge production rather than toward the acquisition of institutional ornaments."

[The GrayFold 📚 @TheGrayFold]

Eid Mubarak to all.

May Allah accept our sacrifices & prayers, forgive our shortcomings, and fill our hearts with gratitude.
May Allah bring ease & relief to the oppressed and distressed muslims around the world.

[Malik 🇸🇳 @Malikarred]

Sometimes I feel I'm not as smart as I was years ago because I rarely have anything of substance to write or opine about. On further reflection I think I was just more argumentative then. I wasnt thinking, I learned how to argue well and to maneuver rhetorically against others.

[Islamicize @islamicize]

“Religion is not an opium, it is a scream. It is not a lullaby sung to the oppressed so they sleep peacefully in their chains. It is the shout of the enslaved man who has suddenly discovered his chains and is reaching for his dignity”

Ali Shariati, Religion vs. Religion

[∃x□(∃y(y = x)) @logicianforhire]

the prophet, upon him be infinite blessings and peace, said “lo! the world is accursed, and accursed is all that is therein, save the remembrance of God and that which attendeth upon it, and the scholar or one who seeketh knowledge”

[Joseph Lumbard, شاكر عبد الحق @JosephLumbard]

Read, read, read! Reading is to the mind as exercise is to the body.

[The GrayFold 📚 @TheGrayFold]

In these blessed last ten days and nights of Ramadan, as you pray and fast, please remember my father in your duas and ask Allah to grant him mercy and Jannah.

[Muslim Bitcoiner BIP-110⚡ @MBitcoiner]

Instead of gmail, use @ProtonMail
Instead of chrome, use @brave
Instead of drive, use @ProtonDrive
Instead of meet, use Jitsi
Instead of android, use @GrapheneOS

There's a whole lot more.
See full list of Google alternatives here:
https://t.co/OOy9yCvRJN

[The GrayFold 📚 @TheGrayFold]

In these blessed last ten days and nights of Ramadan, as you pray and fast, please remember my father in your duas and ask Allah to grant him mercy and Jannah.

[The GrayFold 📚 @TheGrayFold]

Chaotic and cruel times; it’s awful to witness the moral bankruptcy, the blatant audacity and pride to oppress and deem truth a lie, without even a pinch of fear running down their conscience that there will be a time of accountability for all this wrongdoing.

[Islamicize @islamicize]

There is a recurring phenomenon within Muslim discourse where any heightened geopolitical tension (war, occupation, a crisis, etc) is met with the deeply misguided counsel: "focus on the deen, leave these distractions." The implicit assumption embedded in this advice is that…+

[Nafderlin @mobiusdisk]

No time like now to read and monitor like there’s no tomorrow.

[The GrayFold 📚 @TheGrayFold]

وَمَا تَدْرِي نَفْسٍ مَّاذَا تَكْسِبُ غَدًا وَمَا تَدْرِي نَفْسٌ بأي أرض تَمُوتُ إِنَّ اللَّهَ عَلِيمٌ خَبِيرٌ ﴿٣٤﴾

And no soul perceives what it will earn tomorrow, and no soul perceives in what land it will die. Indeed, Allāh is Knowing and Aware.

[The GrayFold 📚 @TheGrayFold]

Therefore he should not ask of life what it was not created for.

A poet said:

It [worldly life] is founded on distress yet you want it, free of harm and distress.

[The GrayFold 📚 @TheGrayFold]

He should then know that life is founded on distress, all constructed buildings shall eventually be ruined, all gatherings shall eventually depart, and whoever wants the lasting of what does not last is like he who wants what does not exist to exist.+