Articles with tag: interest
Riba and the Pakistani Economy
Musa Sami Jun 7, 2006 interacts: 67There has been a large amount of debate in Pakistan as to what exactly constitutes ‘riba’. Is it interest in all its totalities or does riba simply connatate excess? Indeed the question arises as to whether a complete interest free system can
Muslims and Modern Banking: A Rejoinder
M Asadi Feb 26, 2006 interacts: 145The Koran states explicitly that trade is not the same as interest: Those who consume interest shall not rise, except as he rises whom Satan by his touch prostrates
