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

Child Education in IslamThis book outlines the basic Islamic concepts in child education. The author has tried to coordiante the main ideas, as well as the basics precepts for raising Muslim children in all the different spheres of life. First of all, the importance of correct belief and faith cannot be inculcated in young children except through the teaching and example of their parents; and obviously, the role of the mature and religious mother is foremost.
Source : http://www.islamhouse.com/p/250895
Download :
Enjoining Good, Forbidding EvilIbn Taymiyyah said: "This (enjoining good and forbidding evil) is a duty that the entire Ummah is obliged to fulfil. It is what the Ulama know as an obligation of collective responsibility, if a group in society undertook to discharge it, the other members of this society are absolved from it. The entire Ummah is commissioned to undertake it, but if a group therein was responsible for discharging it, the rest of society is no longer obliged to undertake it."
Formation : Sheikh-ul-Islam ibn Taymiyyah
Reveiwers : Muhammad AbdulRaoof
Translators : Salim Abdullah Marjan
Source : http://www.islamhouse.com/p/339184
Download :
IS ALLAH (S.W) ONE OR THREE?Allah is above the seven heavens far from His creation but with them wherever they are cognizant of them, their deeds and hearts. This is explained through given evidences from Quran and sunnah. Allah rose above the throne which contradicts the void creed of the Ash'arites and those agree with them that Allah is everywhere by His self.
Formation : Munqith ibn Mahmood As-Saqqar
Reveiwers : Muhammad AbdulRaoof
Source : http://www.islamhouse.com/p/320527
Download :
What You Should Do In The Following Situations?The Muslim may be faced with a number of emergency situations in his life, where he needs an immediate answer as to how he should act in that particular situation. In most cases, however, it is not possible to look for or ask about the appropriate Islamic rulings at that time.
Formation : Muhammad Salih Al-Munajjid
Reveiwers : Muhammad AbdulRaoof
Source : http://www.islamhouse.com/p/321772
Download :
Fiqh us-SunnahFiqh us-Sunnah
Formation : Sayid Sabiq
Source : http://www.islamhouse.com/p/51828
Download :