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Interest

  1. #1
    mr2299muslim's Avatar Full Member
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    Interest

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    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's Avatar Full Member
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    Re: Interest

    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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  4. #3
    peaceandlove's Avatar Full Member
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    Re: Interest

    Simple, either get a interest free loan.

    or do a partnership on profit and loss sharing.
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