islamic view of finances

[seeker-of-light]

i have a report i am doing about whether or not math in finances is used unethically. obviously it is, but i would really like to add an islamic stance for it. anyone got some advice of what i could put to educate people about the ethical issues in finances?

[seeker-of-light]

ok lol i guess no one understands what i mean:S

[bamboozled]

Not really sure what you mean tbh. What if you write something like(towards the conclusion:

"Islamically, interest has always been strictly forbidden, many banks such as IBB deal with the issue carefully. Reasoning for it being prohibited is because..." ??

Hope that helps lol

[Whatsthepoint]

Math itself it's just a tool.

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[Yanal]

:sl: I think i get what you mean. Heres a link and an intro into the web: www.islamic-finance.com was founded in 1997 as the world's first website dedicated exclusively to the field of Islamic finance. Since its inception, the site has maintained an independent editorial and sought to promote open debate on critical contemporary issues. Whilst we favour traditional understandings and implementations of fiqh, we adopt an inclusive approach to the subject matter and therefore allow the full range of juristic and technical opinion to be represented on our various databases. These include over one thousand PhD's and other researchers in over forty countries, an institutions database comprising academic commercial and public institutions, a books list, details of forthcoming events, occasional job opportunities and an extensive glossary. Editorial, production and legal information can be accessed here. You are welcome to register for occasional updates. Link