interest and islam

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interest and islam

tariq aziz
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#178

09-03-2009, 04:14 PM

@ BILAL

you have shared with us great information....
if lendor lends his money to anyone there are two ways as you said.....one is called "QARAD-E-HASSNA" if you give loan to any needy and get back your original after stipulated time..or when he/she is able to pay
2nd way is that ypu can invest you money but you can not collect interst on it.....as for as investment is concerned lende can use the islamic modes of financing, modarba,mosharka.mrabiha, etc..

as the effect of devaluation ...i gree we can use the commodities for valuation....
in case of currency the lender cannot demand the devaluation...if he does so it is interest in my opinion....

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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

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RE: interest and islam - by smraza - 03-18-2004, 09:12 PM

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