04-24-2004, 10:16 PM
Dear Friends
I m thankful to one of my good friend who informed me about this forum.
I am 100% agree with Bilhash that any thing which which creat doubt leave that.
Actaully Islamic banking or trading emphasizes over profit and loss shairing concept.
Interest is only acceptable if there is same psooibilty of loss in that transection.
And this mechanism how how implemnet and how excesise and who implement are other relatively important question to think.
Now a days in pakistan we have just given the islamic name but in fact machenisim is remain same.
Positive thing which we r required is what is mode of Islamic Banking in its real spirit and that on this issue we r in need of "Ijtihad" not by "Qias" from learned islamic scholors paneel
I m thankful to one of my good friend who informed me about this forum.
I am 100% agree with Bilhash that any thing which which creat doubt leave that.
Actaully Islamic banking or trading emphasizes over profit and loss shairing concept.
Interest is only acceptable if there is same psooibilty of loss in that transection.
And this mechanism how how implemnet and how excesise and who implement are other relatively important question to think.
Now a days in pakistan we have just given the islamic name but in fact machenisim is remain same.
Positive thing which we r required is what is mode of Islamic Banking in its real spirit and that on this issue we r in need of "Ijtihad" not by "Qias" from learned islamic scholors paneel