1 The words and deeds of the and the Imams of the .
1 The words and deeds of the and the Imams of the . Answer: Since Islam is the Faith revealed by God for the guidance of mankind for all time and God is omniscient, Islam therefore enters into all man’s affairs even those of recent manifestation. The two examples that you mentioned are also covered by general principles enunciated in Islamic Law.
Banking operations consist of various matters which have been dealt with by the Shari‘a as, for instance, borrowing money, security on a loan and a transference transaction. Insurance is covered by the Qur’anic verse: “… except that it be trading by your mutual consent”[4: 29]. Elsewhere it is stated: “… fulfill [your] contracts”[5: 1]. These orders depend upon conditions that have been described in the books on…