Posts Tagged ‘Riba’

We Don’t Go to Bars, Why Do We Go to Banks? (Part II)

By Douglas Kelly Part I | Part II You don’t have to be a scholar or an economist to see that usury was at the heart of the global financial crisis.  Everybody wants a “guaranteed” return on his or her money, but Allah (swt) is the only One who can guarantee anything.  The world’s greed for […]

The Case Against Interest (Part I)

Part I | Part II The prohibition of interest in Islam is a Divine ruling; hence a Muslim seeks to submit to it. Nonetheless, there are two crucial aspects to such submission. Firstly, we believe that all Divine rulings have wisdom, even if we are not cognisant of the wisdom. Secondly, with abstinence of and […]