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

70 Matters Related to FastingA summary of the rulings, etiquette and Sunnah of fasting.
Formation : Muhammad Salih Al-Munajjid
From issues : http://www.islamqa.com - Islam : Question & Answer Website
Source : http://www.islamhouse.com/p/1335
Download :
KhushooA Book discussingthe importance of khushoo in prayer and how to achieve it
Formation : Imran Hussein
Source : http://www.islamhouse.com/p/1401
Download :
The History of the Quranic Text from Revelation to Compilation - A Comparative Study with the Old and New TestamentsThe author said in his introduction: This work comprises a short introduction to the history of the Quran, its recording and its collection. The reader may therefore be puzzled as to why one third of the material in this book tackles the Old Testament (OT) and the New Testament (NT), wondering what significance this has on the Quran’s history. This significance shall, I hope, be made clear as the chapters progress, since I have attempted to present only those details which have a direct bearing on the current subject matter.
Formation : Muhammad Mustafa A'zami
Source : http://www.islamhouse.com/p/325010
Download :
Religious Freedom in Saudi ArabiaThe annual Religious Freedom Reports released by US State Department often include sections about religious freedom in Saudi Arabia. These reports are officially distributed by the State Department and then circulated amongst the centers of research in the West as well as the international media outlets and other channels. Saudi Arabia comes on top of concern of those involved in these reports, due to its religious and political significance. Accordingly, it becomes incumbent on us, as Saudis, to discuss the sections in these reports which cover religious freedom in our country and provide facts that are not included in these reports. While discussing these reports, we should explain to the world our view point vis-à-vis these reports. We should also allow the reader to discover the truth as stated therein and according to criteria upon which many fair-minded, rational people agreed with us.
Source : http://www.islamhouse.com/p/324764
Download :
WHY DO WE PRAY?Why does Man need to Pray?. After a long and hectic day at work, how difficult it is for a tired person to stand on the prayer-mat and concentrate on his prayers to Allah Almighty. Snuggled in a warm and cozy bed, how difficult it is to get up at the call of Mu’adhdhin: “Come to prayer, come to success.” The famous doctor and philosopher Ibn Sina (Avicenna), recalls such a moment in his life. Once cold and icy night, he and his slave were resting in an inn in a remote part of Khurasan. During the night he felt thirsty and shouted out to his slave to get him some water. The salve had no desire to leave his warm bed, so he pretended not to hear Avicenna’s call. But finally after repeated calls he reluctantly got up and went to fetch the water. A little while later, the melodious sound of the Adhan filled the air. Avicenna began to think about the person calling the believers to prayer.
Formation : Suhaib Hasan AbdulGhaffar
Reveiwers : Muhammad AbdulRaoof
From issues : http://www.dar-alsalam.com - Darussalam Publications Website
Source : http://www.islamhouse.com/p/316351
Download :