08-13-2003, 10:13 PM
This topic will include a lot of disagreements and 'arguments' rather than discussions.
The beliefs of different sects of our society vary but not largely regarding interesting.
However, there is a huge difference in 'Interest on Loans' and 'Interest on Investments' and that's how mufti's will usually explain you what is halaal and what is haraam.
In Karachi, the Al-Meezan Bank, which offers Riba-free banking, has some religiously learned people who are always present in banking hours to answer your questions and explain everything very clearly.
I recommend everyone to visit them at least once to clarify such issues. This is how my family got rid of confusions regarding riba as well.
