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mr2299muslim
01-21-2020, 08:02 PM
Hi I understand that interest is banned in Islam. However the whole system is now based on interest so how businessman take out capital then if not for loans?
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'Abdullah
01-21-2020, 08:17 PM
I hope thread below can help to answer your questions. Post#7 in that thread is probably what answer your question more specifically.
Islam & our social issues-Islamic Finance System vs Interest based Economy

Islam & our social issues-Islamic Finance System vs Interest based Economy
OVER VIEW OF THE PROBLEM WE ARE FACING I don’t own a house and I will never buy one because I don’t want to deal with interest. How can I support a sys...
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peaceandlove
02-26-2020, 09:58 AM
Simple, either get a interest free loan.

or do a partnership on profit and loss sharing.
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