Interest and Its Role in Economy and Life

Interest and Its Role in Economy and Life
An article explains why the Muslims abide by the prohibition of usury while the Jewish and Christian secularists are calling to to affirm it. A glimpse at some texts from the Quran and the Sunnah which severely warn against the taking of interest. Interest and Usury in the Bible (Judaism and Christianity) and according to early thinkers. An article explains how something so despised such as interest could be justified and even institutionalized as a standard. The various ways in which thinkers in the past have tried to conjure explanations for the existence of interest. The various ways in which interest has harmed society. The devastating ills of interest on an international level. An Islamic solution to the interest model, and how economy can still thrive without interest.
Formation : Jamaal Zarabozo
From issues : A website Islam Religion www.islamreligion.com
Source : http://www.islamhouse.com/p/190075
Download :

Random Books

Warning Against the Fitnah of TakfeerThis book is an amended transcript of one of the many, many sittings with the illustrious Shaykh, where he was asked about the issue of Takfeer. The sitting took place in Jordan. The transcript was amended by the Shaykh to make it suitable for print.
Formation : Muhammad Naasiruddeen al-Albaanee
Translators : Abbas Abu Yahya
Source : http://www.islamhouse.com/p/51807
Download :
Tawhid of Allah's Most Beautiful Names and Lofty AttributesThe author presents the belief of Ahl al-Sunnah wal-Jama'ah, which is the creed of the first few generations of Muslims and those who followed in their footsteps. Besides outlining the principles and foundations of this creed he also highlights some of the foreign ideas and deviant concepts that have crept into the hearts and minds. The style in which this book has been written relates more to a textbook than to a book for casual reading. The author has carefully structured the book, divided it into clearly headed sections and provided all the necessary definitions and explanations that will facilitate a clear understanding of this immensely important branch of knowledge.
Formation : Muhammad Bin Khalifa Al-Timemi
Reveiwers : Muhammad AbdulRaoof
Source : http://www.islamhouse.com/p/339422
Download :
The Good EndThe Good End: During his lifetime, man moves from one stage to the another beginning with childhood followed by his youth and ends with senility. During these stages, man encounters times of rest and distress as well as good health and other affairs. The author in this book has presented the causes of a good end i.e. eternal happiness etc.. One should not only remain hoping but he has to seek the means and ways to have a good end. Reading such books will help you to consciously seek to be one of the blessed people whom Allah will grant eternal happiness in Paradise.
Formation : Abdullah ibn Muhammad Al-Mutlaq
Source : http://www.islamhouse.com/p/76212
Download :
The Evils of the TongueVarious Prohibitions regarding Speech.
From issues : Islamic Propagation Office in Rabwah
Source : http://www.islamhouse.com/p/1239
Download :
Nukhbat al-Fikr (the top of thinking in the classification of hadith)The science of hadith is one of the most honourable and important sciences as we know through it the truthfulness of what was narrated to messenger of Allah peace be upon him whether it is authentic or weak.It's importance and honorability are due the honorability and importance of it's target which is the sunnah of the messenger peace be upon him , the second source of the islamic legislation, the words of who doesn't pronounce any word out of prejudice, it is nothing except a revelation revealed. And from the most collective and summarized written texts of this field is The Text Of Nukabat Al Fakar In Mostalah Ahal Al Athar (the top of thinking in the classification of hadith) by the Hafiz Ahmed Ibn Ali Ibn Hajar Al Askalany Al Shafi may the mercy of Allah be upon him.And this is the reading of the text.
Formation : Ibn Hajar Al-Asqalani
Source : http://www.islamhouse.com/p/291282
Download :