06-26-2004, 09:13 AM
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Please try to go through the Page 2 of this thread... You'll find my answer there...
Shariah allows payment of interest as long as it complies with Shariah terms, just like Al-Meezan Bank operates (and also all other Saudi banks)... I have talked to various religious individuals who have proper knowledge about Islamic Economics... And they all have approved that Al-Meezan Bank's operations are in compliance with Islamic Economics.
cant find the second half of ur msg...
could u plz elaborate what kind of interest COMPLIES with sharia law or ask ur friends who KNOW islamic economics and ASSURED u that interest given by Al-Meezan bank or Saudi banks is halal.
i would appreciate ur or ur friends comments.
regards
azeem
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