interest and islam

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interest and islam

sumaaan
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#17

03-19-2004, 07:00 AM

<BLOCKQUOTE id=quote><font size=1 face="Verdana, Tahoma, Arial" id=quote>quote<hr height=1 noshade id=quote>
Kindly identify the difference between riba and interest

Plz Smile ...... it cost just some pleasent breaths!
<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>

Interest is a word used in broader terms... Interest can be on a loan and investment as well.

Riba is a word used in a very limited context... Its the 'extra amount' gained by the principle from the 'loan' he has granted... It is not used for interest charged on Investments.

This topic is a very lengthy one... But if anyone wants to know more about it, I'll be pleased to explain what I have been told by learned scholars of Islam about Riba, and how our 'Islamic Banking' works.

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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

[No subject] - by webmoxter - 02-08-2004, 01:58 PM

[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

[No subject] - by smraza - 03-13-2004, 03:02 PM

[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

[No subject] - by smraza - 03-22-2004, 04:20 PM

[No subject] - by sumaaan - 03-24-2004, 09:22 AM

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[No subject] - by sumaaan - 03-25-2004, 04:08 AM

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