Muhammad Quotes
Do not sell that which you do not have.
This quotation is extremely important as it is one of The Prophets admonitions which preclude orthodox Muslims from partaking in modern finance. In this case, for example, financial vehicles like “short selling” would be prohibited, yet billions of dollars of short sales are made on world stock exchanges every day. In a “short sale”, you sell a stock that you do not own. When you do so, you are then obligated to deliver the stock, so at some point in the future, you must buy it in order to deliver it—called “covering” you short sale. When you buy it you may have to pay more money than you got for the sale, and you have lost money. If on the other hand, the stock price has gone down, when you buy it and deliver it, you will have made a profit. It is a particularly risky type of investment as there is no limit on how much you can lose. So called “Islamic finance” has come up with ways of paying interest or short selling that are disguised as something else, which some Sharia authorities have ruled is consistent with Islamic law.
Muhammad, 571-632, Prophet and Founder of Islam, Quoted on BBC World News, Islamic Finance, October 29, 2013
Sourced by: Eigen's Political and Historical Quotations
Islam prohibits drinking alcohol. Ataturk was the first Muslim politician not only to drink alcohol, but to do so publicly and make a public toast. Unfortunately he became addicted and died early as a result of his alcoholism. Ironically, to this day, he is used by Turks and other Muslims both as an example of the right to drink alcohol and also by those who appreciate the wisdom of Muhammad in banning alcohol.
Under this interpretation of Islamic law – Sharia – virtually anything regardless of how sinful or immoral under normal circumstances is morally permissible if Islam is being defended from attack. Not all Muslim theologians agree with this principle. See {589498}. There was a similar perversion of theological logic used by Christian Popes during the Crusades.
Interest is forbidden in all transaction, both business and personal.
This volume roughly is to Islam what the Gospels are to Christianity. To most Muslims The Sunnah is a collection of holy material on the life of Mohammed. It is not of the force or importance as the Koran, but it is revered.
The quotation per se has no historical or political value except that is shows is that there was overt discrimination against Muslims in China in that era. Although there always have been large numbers of Muslims in China, there are few who have ever ascended to major leadership positions, under the late Emperors, under the Chinese Republic, or under the Communist Chinese regime. The graphic is a memorial to the General.
Muhammad was an Arab religious, social, and political leader and the founder of Islam. According to Islamic doctrine, he was a prophet, sent to preach and confirm the monotheistic teachings of Adam, Abraham, Moses, Jesus, and other prophets. He is believed to be the final prophet of God in all the main branches of Islam, though some modern denominations diverge from this belief. Muhammad united Arabia into a single Muslim polity, with the Quran as well as his teachings and practices forming the basis of Islamic religious belief.
