[Mobile book] The Concept of Riba and Islamic Banking
✿ Imran Ahsan Khan Nyazee ✿
| #6603269 in Books | 2016-12-22 | Original language:English | 9.00 x.52 x6.00l, | File Name: 154124561X | 228 pages
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Riba (Usury), call it bank-interest if you like, is prohibited by the texts of the Qur'an and the Sunnah. This was the conclusion drawn unanimously by the Muslim jurists (fuqaha'); and it is also the decisive view of the vast majority of modern Muslim scholars. Despite this general agreement, a confusion persists in the minds of many, jurists and laymen alike, that even though some forms of interest are prohibited, the simple interest charged by banks may not be ...
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