Posts Tagged ‘usury’

Review of Gomaa’s Responding from the Tradition

Review of Responding from the Tradition: One Hundred Contemporary Fatwas by the Grand Mufti of Egypt, Sheikh Ali Gomaa (Louisville, KY: Fons Vitae, 2011) Rarely is the English language graced with a major contemporary scholar engaging a range of current concerns. Hence this work will be eagerly received in many quarters of the English-speaking world. […]

Universal Prohibition of Interest-Based Transactions

By Ali Shareef The financial crisis of the past few years has resulted in some deep soul-searching as we struggled to understand why what seemed to be the bedrock of financial stability came crumbling down. First Wachovia, the nation’s number four bank holding company, then Fannie Mae and Freddie Mac, followed by Merrill Lynch. It […]