interest and islam

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interest and islam

kamranACA
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#139

03-06-2007, 06:32 PM

Dear All,

I know and believe that interest is not halal and there so many strict AYAAT and AHAADEES on this issue.

The word "HARAM" is in itself a big subject. What does it mean? Have any of us ever researched on this issue? I think no one. Anyways.

Let's see what islamic banking and islamic banks would do in the upcoming days. But if you have to provide return on some one's invested capital, it would be INTEREST REGARDLESS BY WHICH NAME YOU AND THE MAULVIES CALL IT. There are some issues which dont have any explict solution/clarifications like islamic succession system for properties, nil refernces and comments about invalid child and solution against interest. What can we do is to avoid haram things.

This is what I feel. However, interest is haram and we should avoid it. One should locate alternative means of investment like shares, properties, mutual fund which represent actual business behind them and where there is no surety for a fixed profit. Where one can even bear loss if business goes wrong.

Regards.

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interest and islam - by mintblue - 01-12-2004, 11:17 PM

RE: interest and islam - by Linkin Park - 03-04-2015, 04:10 PM

[No subject] - by KJK - 02-07-2004, 04:09 AM

[No subject] - by KJK - 02-07-2004, 04:20 AM

[No subject] - by webmoxter - 02-08-2004, 01:56 PM

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[No subject] - by Sohaib_Ah - 02-10-2004, 12:18 AM

[No subject] - by webmoxter - 02-15-2004, 01:54 AM

[No subject] - by jbladeus - 02-15-2004, 06:33 AM

[No subject] - by mintblue - 02-22-2004, 04:19 AM

[No subject] - by k.kamran - 03-02-2004, 06:45 PM

[No subject] - by Khan - 03-04-2004, 04:22 PM

[No subject] - by fidarsi - 03-12-2004, 07:17 PM

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[No subject] - by sumaaan - 03-14-2004, 07:48 AM

[No subject] - by fidarsi - 03-17-2004, 07:16 PM

RE: interest and islam - by smraza - 03-18-2004, 09:12 PM

[No subject] - by sumaaan - 03-19-2004, 07:00 AM

[No subject] - by fidarsi - 03-19-2004, 09:28 PM

[No subject] - by sumaaan - 03-20-2004, 05:17 AM

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