Banking Industry in Islam

kamworldpresi wrote:

Maary Bhayoo My Question is that "What is Islam"

1. What is Islaam?

The word "Islaam" is an Arabic word that means "submitting and surrendering your will to Almighty God". The word comes from the same root as the Arabic word "salam", which means peace. Unlike the names used for other religions, such as Buddhism, Hinduism and Christianity, the name for the religion of Islaam was both revealed by God and carries a deep spritual meaning - only by submitting one's will to Almighty God can one obtain true peace both in this life and in the life hereafter. Islaam teaches that all religions originally had the same essential message - which was to submit whole-heartedly to the will of God and to worship Him and Him alone. For this reason, Islaam is not a new religion but is the same divinely revealed Ultimate Truth that God revealed to all prophets, including Noah, Abraham, Moses and Jesus.

2. Who are Muslims?

The Arabic word "Muslim" literally means "someone who submits to the will of God". The message of Islaam is meant for the entire world and anyone who accepts this message becomes a Muslim. Some people mistakenly believe that Islaam is just a religion for Arabs, but nothing could be further from the truth, since in actuality over 80% of the world's Muslims are not Arabs! Even though most Arabs are Muslims, there are Arabs who are Christians, Jews and atheists. If one just takes a look at the various peoples who live in the Muslim World - from Nigeria to Bosnia and from Morocco to Indonesia - it is easy enough to see that Muslims come from all different races, ethnic groups and nationalities. From the very beginning, Islaam had a universal message for all people. This can be seen in the fact that some of the early companions of the Prophet Muhammad were not only Arabs, but also Persians, Africans and Byzantine Romans. Being a Muslim entails complete acceptance and active obedience to the revealed will of Almighty God. A Muslim is a person who freely accepts to base his beliefs, values and faith on the will of Almighty God. In the past, even though you don't see it as much today, the word "Mohammedans" was often used as a label for Muslims. This label is a misnomer and is the result of either wilful distortion or sheer ignorance. One of the reasons for the misconception is that Europeans were taught for centuries that Muslims worshipped the Prophet Muhammad in the same way that Christians worship Jesus. This is absolutely not true since a Muslim is not permitted to worship anyone or anything besides Almighty God.