Financial Intermediation – do you really know how the Quran and Hadith structure this? (God’s proposed structure – part 3) Financial intermediation is connecting the people with money (saving and investments) to the people with the business ideas (that need the funding). The financial intermediary offers its expertise and ability to scale investments, to bring …
Banking – do you really know what the Quran and the Abrahamic religion’s rulings are on it? (God’s proposed economic structure – part 2) How does a Bank differ from other companies? 1) A Bank is officially chartered and licensed. 2) The bank is empowered to accept deposits and to make loans, at a profit. …
What is the definition of Riba in the Quran? (God’s proposed economic structure – part 1) [278. O believers! Fear Allah and relinquish what is outstanding from Riba, if you are indeed believers. 279. And if you do not, then take notice of war from Allah and His Messenger. But if you repent, you will …
Is any benefit (interest/usury) allowed in Debt transactions in the Quran? (Part 8) [278. O believers! Fear Allah and relinquish what is outstanding from Riba, if you are indeed believers. 279. And if you do not, then take notice of war from Allah and His Messenger. But if you repent, you will have your Rausu …
Is any benefit (interest/usury) allowed in Debt transactions in the Gospel/Injil (New Testament)? (Part 7) [34 If you lend to those from whom you hope to receive, what credit is that to you? Even sinners lend to sinners, to receive back as much. 35 But love your enemies, and do good, and lend, expecting nothing …
Debt in the Gospel/Injil (New Testament)? Part 7 Read More »
Is any benefit (interest/usury) allowed in Debt transactions in the Nevi’im (Prophets), Ketuvim (Writings) (Old Testament)? (Part 6) [7 Then I consulted with myself, and contended with the nobles and the rulers, and said to them, “You exact usury, everyone of his brother.” I held a great assembly against them.] [Bible Nehemiah 5:7] [10 I …
Debt in the Nevi’im (Prophets), Ketuvim (Writings) (Old Testament) – Part 6 Read More »
Is any benefit (interest/usury) allowed in Debt transactions in the Nevi’im (Prophets), Ketuvim (Writings) (Old Testament)? (Part 5) [12 In you have they taken bribes to shed blood. You have taken interest and increase, and you have greedily gained of your neighbors by oppression, and have forgotten me,” says the Lord Yahweh.] [Bible Ezekiel 22:12] …
Debt in the Nevi’im (Prophets), Ketuvim (Writings) (Old Testament) – Part 5 Read More »
Is any benefit (interest/usury) allowed in Debt transactions in the Psalm/Zaboor (Old Testament)? (Part 4) [5 he who doesn’t lend out his money for usury, nor take a bribe against the innocent. He who does these things shall never be shaken.] [Bible Psalm 15:5] [21 The wicked borrow, and don’t pay back, but the righteous …
Debt in the Psalm/Zaboor (Old Testament) – Part 4 Read More »
Is any benefit (interest/usury) allowed in Debt transactions in the Torah (Old Testament)? (Part 3) [19 You shall not lend on interest to your brother: interest of money, interest of food, interest of anything that is lent on interest. 20 You may charge a foreigner interest; but you shall not charge your brother interest, that …
Is any benefit (interest/usury) allowed in Debt transactions in the Torah (Old Testament)? (Part 2) [35 If your brother has become poor, and his hand can’t support himself among you, then you shall uphold him. He shall live with you like an alien and a temporary resident. 36 Take no interest from him or profit; …
