💠Al-Fudayl b. ‘Ayyād [187H] – Allāh have mercy on him – said:
🔰“Allāh ‘azza wa jalla accepts only those deeds which are both correct and sincere (pure). If the deed is done correctly but not sincerely, it will not be accepted. And if it is sincere but not correct, it will not be accepted.”
⁉️He was asked: “Abū ‘Alī! What is the sincere and correct deed?”
💥He replied: “The sincere deed is one that is done only for Allāh ‘azza wa jall. And the correct deed is one done according to the Sunnah.”
💠Al-Fudayl b. ‘Ayyād [187H] – Allāh have mercy on him – said:
🔰“Allāh ‘azza wa jalla accepts only those deeds which are both correct and sincere (pure). If the deed is done correctly but not sincerely, it will not be accepted. And if it is sincere but not correct, it will not be accepted.”
⁉️He was asked: “Abū ‘Alī! What is the sincere and correct deed?”
💥He replied: “The sincere deed is one that is done only for Allāh ‘azza wa jall. And the correct deed is one done according to the Sunnah.”
[Abū Nu’aym, Hilyah Al-Awliyā Vol.8 p95]
BY 🌿Al-Furqan Foundation🌿
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Importantly, that investor viewpoint is not new. It cycles in when conditions are right (and vice versa). It also brings the ineffective warnings of an overpriced market with it.Looking toward a good 2022 stock market, there is no apparent reason to expect these issues to change.
Should I buy bitcoin?
“To the extent it is used I fear it’s often for illicit finance. It’s an extremely inefficient way of conducting transactions, and the amount of energy that’s consumed in processing those transactions is staggering,” the former Fed chairwoman said. Yellen’s comments have been cited as a reason for bitcoin’s recent losses. However, Yellen’s assessment of bitcoin as a inefficient medium of exchange is an important point and one that has already been raised in the past by bitcoin bulls. Using a volatile asset in exchange for goods and services makes little sense if the asset can tumble 10% in a day, or surge 80% over the course of a two months as bitcoin has done in 2021, critics argue. To put a finer point on it, over the past 12 months bitcoin has registered 8 corrections, defined as a decline from a recent peak of at least 10% but not more than 20%, and two bear markets, which are defined as falls of 20% or more, according to Dow Jones Market Data.
