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ISLAM AND INTEREST - does Islam prohibit Interest, as such?
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Page presents e-book 'The Qur'aanic Concept Of AR-RIBA'. It thoroughly examines the question of 'Interest' in the light of Qur'aanic verses. |
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First Text from Merchant Page ... ISLAM AND INTEREST - does Islam prohibit Interest, as such? In the Name of God, the Gracious, the Merciful ************** I S L A M AND I N T E R E S T ******************************** It is generally believed that Islam, the Religion of the Muslims, prohibits Interest - additional money charged for use of money borrowed, that is. But does it? That was the question that arose in my mind when I made a serious study, for the first time, of the relevant Qur'aanic verses. The Qur'aan is the fundamental religious book of Islam. The Qur'aan, as a matter of fact, prohibits what it terms as Ar-Riba . It is an Arabic term and many Muslim scholars believe that it is synonymous with Interest. They believe that the Qur'aan itself does not define the term. They therefore, by a general consensus among them, consider the term to mean Interest. The Qur'aan, however, is claimed to be a Divine Book. It should, as such, be free from human errors and shortcomings. The Book itself, moreover, asserts that i ... continue;
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Proceed To Site ... Page presents e-book 'The Qur'aanic Concept Of AR-RIBA'. It thoroughly examines the question of 'Interest' in the light of Qur'aanic verses. ... continue;
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Meta Key Words ISLAM AND INTEREST - does Islam prohibit Interest, as such?: "Islam, Islaam, Muslims, Moslems, Beliefs, believe, Religions, Interest, Riba, Ar-Riba, prohibition, Divine Book, Qur'aan, Quraan, Quran, Koran, verses, life after death, Paradise, Hell, God, Allah, Creator, Prophets, Muhammad, scholars, divine commandments, sceptics, sceptical, Concept, mankind, creation, human trait, stubbornness, faults, mistakes, errors, shortcomings, views, interpretations, transactional injustices, injunctions, honest and legal businesses, Islamic, Principles, Economics, economy, guidance, digital book, e-book, ebook." Proceed To Site
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Headings for ISLAM AND INTEREST - does Islam prohibit Interest, as such?:
********************************
AND
I S L A M
I N T E R E S T
In the Name of God, the Gracious, the Merciful
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Italic Items for ISLAM AND INTEREST - does Islam prohibit Interest, as such?:
Ar-Riba
Iqra
Why I Believe...
AR-RIBA*
inshaAllah
The Qur'aanic Concept Of Ar-Riba
"First of all accept my sincere appreciation for the work you have done on matters pertaining to Riba. Your efforts should be well publicised and should be considered a masterpiece in the field of Economics. Were Economics and Finance your subject of specialization? You deserve congratulations and kudos. "
The Qur'aanic Concept...
Why I Believe In Islam
Bai'a
"For many years, I thought I was the only person on earth who considered the dominant Muslim 'Ulama' view of Bank Interest as lopsided, out-of-context, and against the Qur'anic spirit of business. I am not thanking you because I found 'support', but because you've enlightened me more when you say (underlined) ' The Qur'aanic injunction against Ar-Riba is, in other words, divine injunction against all economic injustices. Alongside this injunction, the Qur'aan states categorically, and significantly, that Allah has made business lawful. The two together , I believe, form the basic Islamic Principle of Economics. ' "
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Bolded Items for ISLAM AND INTEREST - does Islam prohibit Interest, as such?:
The Qur'aanic injunction against Ar-Riba is, in other words, divine injunction against all economic injustices. Alongside this injunction, the Qur'aan states categorically, and significantly, that Allah has made business lawful. The two together , I believe, form the basic Islamic Principle of Economics.
What should the believing Muslims do then?
In fact, the injunction against Ar-Riba along with the divine sanction accorded to Bai'a (honest and legal business) [Q: 2.275], is the basic Islamic Principle of Economics
But does it?
The Qur'aanic Concept Of AR-RIBA*
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