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Understanding Riba: Interest in Islam by منظور سولنگی is a document available to read on EtoBox.
What is Understanding Riba: Interest in Islam about?
Islam strictly forbids taking or paying interest in any form. The Quran declares war on those who consume interest, also known as riba. It is forbidden for Muslims to receive, pay, witness, write down or be a party to any interest-based contract. While some Muslim countries allow financial institutions to operate using interest, it goes against the teachings of both the Quran and Hadith. Eliminating interest from banking and financial systems is essential for the Muslim Ummah to gain strength and obey the c
- Author
- منظور سولنگی
- Language
- EN