Wisdom behind Prohibition of Riba (Interest)

Category: Featured, Life & Society, Videos Topics: Economy, Interest (Riba), Islamic Finance Views: 1273
1273

One of the miracles of Islam are the rules of riba (interest, usury). Many students who for the first-time study these rules think they are a burden to the economy and question wisdom to why we exchange money for money in equal amounts and on the spot. Sometimes even ask if there is a place for such restrictions in a modern economy?

In this video, the power of Islamic economic principles is analyzed regarding the ban on riba by looking at the root causes of the Global Financial Crisis.

Published on Nov 26, 2017

( Source: Islamic Finance Clinic by Almir Colan )


  Category: Featured, Life & Society, Videos
  Topics: Economy, Interest (Riba), Islamic Finance
Views: 1273

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Older Comments:
KASHMAN316 said:
SubhanAllah , What an amazingly good explanation. May Allah reward the brother for providing such an easy understanding of such a pivotal part of our deen.
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