03-02-2004, 06:45 PM
certainly interesrt ( riba ) is haram in islam and islam always prohibits things which are in the interest of peoples to protect them selves from evil. Interest give rise to social injustice where poor becomes poorer and rich being influential give loans to poor and then charge a lot on it as return.
Simply one must not get into complexities. simply if islam has declared interest has haram it is haram and no if and but to find alternatives under the shelter of islamic names such as markup etc.
kashif
Simply one must not get into complexities. simply if islam has declared interest has haram it is haram and no if and but to find alternatives under the shelter of islamic names such as markup etc.
kashif