03-24-2006, 03:07 AM
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by zahidnoor</i>
<br />Asalam O Alaikum,
thanx for your response. i always remain worried about the Riba, (although as an accountant i have to face it in my routine)this is the only thing which i hate about this profession of accountancy. i want to research in the field of finance in the light of the teachings of Islam.
I am not in agreeement with you on that we dont have any other way around. i am firm beliver that Islam is a universal religion and it is a religion for all the times, and anything prohibited by the Islam must be practicably aviodable (may be the diffiulty level associated with the observance of teaching differs in various times, but still there must be some ways of practise).
I will wel come any reference to the reference material on the topic.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Walaikum assalaam Zahid
I would strongly advise you to read Maulana Maudoodi's book "SOOD".
You asked
1. What we can do to avoid it at personal level and at the level of the organisation we are working with?
2. Are the Islamic solutions offered by the different financial institutions acceptable in the light of the teaching of islam (i.e. we always remain suspicious about the substance over form thing)?
3. The badness of interest is same for the person charging the interest and the person who has to pay the interest on the loan he has taken to take care his neccesities of life?
"Try" to avoid things which directly involve the elements of sood. The good thing about human mind-mechanism is that it simply tells you if something is right or wrong or in between. "Try" to stay away as much as you can and rest your case with Allah.
I am deiberately not answering your questions in details as you can read most of the material in the other thread Interest and Islam.
Kind regards
Azeem
"You don't get to choose how you're going to die. Or when. You can only decide how you're going to live. Now."
<br />Asalam O Alaikum,
thanx for your response. i always remain worried about the Riba, (although as an accountant i have to face it in my routine)this is the only thing which i hate about this profession of accountancy. i want to research in the field of finance in the light of the teachings of Islam.
I am not in agreeement with you on that we dont have any other way around. i am firm beliver that Islam is a universal religion and it is a religion for all the times, and anything prohibited by the Islam must be practicably aviodable (may be the diffiulty level associated with the observance of teaching differs in various times, but still there must be some ways of practise).
I will wel come any reference to the reference material on the topic.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Walaikum assalaam Zahid
I would strongly advise you to read Maulana Maudoodi's book "SOOD".
You asked
1. What we can do to avoid it at personal level and at the level of the organisation we are working with?
2. Are the Islamic solutions offered by the different financial institutions acceptable in the light of the teaching of islam (i.e. we always remain suspicious about the substance over form thing)?
3. The badness of interest is same for the person charging the interest and the person who has to pay the interest on the loan he has taken to take care his neccesities of life?
"Try" to avoid things which directly involve the elements of sood. The good thing about human mind-mechanism is that it simply tells you if something is right or wrong or in between. "Try" to stay away as much as you can and rest your case with Allah.
I am deiberately not answering your questions in details as you can read most of the material in the other thread Interest and Islam.
Kind regards
Azeem
"You don't get to choose how you're going to die. Or when. You can only decide how you're going to live. Now."
