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MuslimMoney Meal

What's Your Islamic Inheritence?

Published 5 days agoย โ€ขย 1 min read

Salam Reader,

I'm experimenting with a new schedule for the MuslimMoney Meal. You can expect the newsletter in your inbox every Sunday evening, insha'Allah.

I hope you find some value in this week's newsletter. If you do, please forward it and encourage others to sign-up.

Here's what we're serving this week:

  • ๐Ÿฅ— Starter: Money in Marriage
  • ๐Ÿ” Main Course: A new Islamic Inheritence calculator
  • ๐Ÿฐ Dessert: Ibn al-Qayyim on miserliness

Starter ๐Ÿฅ—

Main Course ๐Ÿ”

Calculating Islamic inheritance is an exact science, known as ilm al-fara'id or "the science of prescribed shares." It was the impetus for the development of algebra by medieval Islamic mathematicians like al-Khawarizmi.

The interplay of fixed shares, residuary heirs, and principles that can block or reduce an heir's portion is a fascinatingly intricate puzzle.

Today, there are a handful of online Islamic inheritance calculators that do a good job of determining shares. They get the numbers right, but often the intricacy of the process remains hidden behind the results.

When I decided back in April to build a new calculator, I wanted it to not only calculate but also to reveal the process; to give a taste of the science that was the impetus for algebra.

I named it Mirathly. "Mirath" is the Arabic word for inheritance and "ly" is something I imagine a hip software developer would add to make it sound cool.

I ran Mirathly through 20 scenarios from a paper in the Journal of Islamic Thought and Civilization and it achieved 100% accuracy for all in-scope calculations, alhamdulillah.

Dessert ๐Ÿฐ

"The miser is poor but is not rewarded for his poverty."

 

Ibn Qayyim al-Jawziyya, Al-Fawaid

When you're ready, here's how I can help:

Hit reply any time! I read every email.

113 Cherry St #92768, Seattle, WA 98104-2205
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MuslimMoney Meal

Farooq Maseehuddin

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