Interest from the bank is just one tiny aspect of riba. Riba is much more than interest. To limit riba to just interest is a trick. Riba also means we cannot accept paper as money, nor can we accept creating money out of thin air, nor can we accept 'Islamic' banks, which are no different to conventional banks.
i just wanted to correct shaikh khalid yasin about Allah waging war on those who does not stop riba. it is true , but also Allah said (meaning) he will wage war on those who take His awlaya's (friends) as enemies.
so not only one case but two cases where Allah wages war on someone.
i hope the shaikh will see this message or someone delivers it to him please.
eye frishtha do the account's of all from the point, after 2012 or 2013 eye will after. the trick's you don't understand of the kuffar's eye will explane
so jesuse said eye am a god of my house with 72 virgin's of yatheem's no juda,judge,s , jew's have right to become father of my house. so jesuse said eye am a moo<<< face ahad<<<< one dean <<< teacher of ya allah.
so the jew's can have intrest and abuse human's as slave's. the dept paid by slave's called mosslim's as the court yard's in power are the jew's perliment or jew's disharia. good trick's by all. they resell the house to the jew's to clear dept and have value to rule the court yard's. may be you should talk about the juda ,judge's,jew's of islaam
1. I lend u £10000 u buy a house with the £10,000. U then pay me back £1000 a month for 1 year making £12000 in total. This I think contains interest.
2. I buy a house for £10000. I sell the house to u for £12000 telling u that I bought it for £10000. U pay the £12000 in £1000 monthly installment for 1 year. There is not interest.
In both scenarios overall the same thing happen so why is one haram and one halal?
@usamajaved12 Because interest is a continues process normally yearly. for example 20% a year.
In the second secnario there is no interest and in the event you fail to pay the installment then they can sell the house take what it is owed and give you the rest if u have any left. In Riba you loose your house because too busy paying the interest.
@usamajaved12 in the 2nd scenario when you tell the person that you bought it for £12000, that counts as lying so thats haram aswell. also i think the prophet cursed the people who do business like that (im not completly sure about the second part but i think so)
When someone lends you £10000 to buy a house and they charge you £12000 in total to pay it back, they are making money from nothing which is Haram in Islam.
When someone buys a house for you for £10000 and is selling it to you for £12000 but you pay in monthly installments, it is Halal because they are making money from a physical item, this is considered profit money. They are not making money from nothing.
@aminul1984 1 more thing, interest rate is compounded while the buy the house n sell the house, both know the selling price, clear, certainty, the buyer knw how much he will pay, the sell knw how much he will sell.. in my country, people see hse price rm200k, at certain interest rate, loan period abt 10 to 20 years( more affordable) then until they pay off the mortgages- they only realize tat they pay more than 400k ...interest rate alone is more than 200k...People!! this is uncertainty, unfair
When the poor are permanently poor, and the rich, permanently rich, that is oppression! All around the world today that economic oppression exists, and is constantly increasing, - the poor grow poorer and the rich, richer. Riba is the cause. A predatory global elite, centered in the West, but also present around the world, is constantly sucking the wealth of mankind and impoverishing the masses through riba.
The only interest free, non-commodity backed, money system that the United States ever had was "The Greenback", and it worked so brilliantly that the bankers had to cripple it by using religious propaganda to convince americans that their money needed to be backed by Gold instead. It worked and now all Americans are slaves to banks.
If you really want to know a lot about this subject, read a book called "The Lost Science Of Money" . Riba should be outlawed in the United states in favor of "stock" ownership on profits made by the borrower. It would be a much more fair system. The bankers of the world want Iran to fall because they have it right.
Now what is the solution? First of all muslims should shun fiat currency and fractional reserve banking (products of capitalism) and base their currency on gold and silver. e-dinnar is a good initiative. banks should only exist to store and transfer money and they should charge fees for it. Lending should be done by a non-profit institution like Government, in that way public money is returned back to public for businesses. The root of evil is capitalism, but modernist try to mold Islam into it!
(ct...) Israelites did the same thing once (playing tricks to prevent something) and they were severely punished. God forbid them fishing on saturdays, but what they did, they dug canals and fish came to them on sundays, which they then easily picked. Technically they did not fish on saturdays, but their intent was wrong. Similarly, the intention of Islamic bankers is to profit without risking and this is not at all Islamic. You cannot mold Islam into capitalism!
(ct...) The ownership of bank in Murabha is phony because, the bank only buys when it is sure the customer will purchase it and it even places guarantees, like in case of denial to purchase by customer, he will compensate for the losses. This ownership is definitely phony and Islam demands that you can only sell a thing which you own. So I was not criticizing the profits, but the deal, which is mere manipulation of words (ct...)
It is simple, when you have a son/daughter (new born) don't register your baby (birth certificate) do not claim child benefit etc, thats when you are walking a narrow path, the path that god wants you to walk.
So when your child grows up, he/she will not be subjected to statue law only common law.
So you mean dont let the goverment know that you have a child?? How can the child go to school or get a job. Because you need a socialnumber for the tax otherwise they dont give you the job. Especially here in europe.
That goverment can know that you have a child, but when you don't register the birth, you are telling the goverment that you need no support what so ever from them, you child will be free from the system, the Creator already warned us about choosing the right path, look at the young muslims in England right now... they are lost in western values, walking away from the Creator.
Allow your child to become a Freeman of society. type in Freeman on google/youtube and investigate what i mean.
i think if you avoid completely get into debt, then the banks will change the computers and the checks for bulldozers and apaches, and get your shit for actually nothing, whoops¡ already happen...
im a muslim, but i think this idea is greatly flawed, if i loan someone 20 dollars so they can have something to eat and they agree to pay me back in twenty years time, i doubt i'll be able to buy the same lunch with those 20 dollars, because of taking into account present value, inflation, and the dollar taking a tanking if things go sour, so to make up for that i have to charge interest, instead of 20 dollars in twenty years he will have to give me about 25 or 30 dollars to make up my loss
You should research more on Sharia loans. This is what Sharia banking does: when you get a halal home loan, the Sharia bank owns the bank, and charges you "rent" for a period of time until the loan is completely paid off. Within that "rent" is the monthly payment for the home, and an additional "fee" that the bank charges you for living in the home. That "Fee" is the extra $5-10 you are talking about. Sounds like interest? A little, but the principle is different.
im actully talking about the definition of "interest", and i have the oxford one right here, it says that its "Rent or fee payable on borrowed asset" so rent and interest are interchangeable words, and AFAIK, ur not allowed to give a loan in islam, if someone wants money, you give it as "sadqa" and not expect it back, if he pays you back then its a gift to you, but you shouldnt expect to get it back.
i should have said NEED instead of WANT, if someone needs money, you give it as sadqa, and if someone WANTS money, then its upto you to give it or not, but you shouldnt expect it back in any case.
I've searched about Sharia loans and I tell you what, they are back door to riba! They do not completely follow Islam. For example, take the example of Murabaha. Islam requires one to own the good before selling, but Islamic bank only buys something when it is sure someone will buy it, and they also have guarantees in case the customer refuse to buy after bank purchased the thing. How can you call it Islamic. It is so obviously unislamic! Aslo islamic banks don't follow full reserve banking!
Not sure what bank you're talking about, but a local Islamic bank here does murabaha as well. The person makes an initial payment for a home, and the bank will buy it and give you ownership when you finish all the payments. I think what you're arguing is how the bank "profits" off the loan. The bank implements a fixed-charge "fee" that is based off the current mortgage rate. Yes, it looks similar to interest but in these times there is really no other way to determine the Bank's profit.
This sort of method is known as Diminishing Musharaka, while I was talking about Murabaha. Murabaha has been severely criticized by many scholars, while this type of transaction is less criticized. But some scholars call this type of transaction two sales in one and that is forbidden in Islam. There are two sales, because at the same time you are a tenant as well buyer of the house! For Murabaha, my criticism is that ownership of the bank b/w purchase and selling is not real, but phony (ct...)
Islamic banks actually try to mold with the current capitalist system which is inherently flawed. What we need to do is to first establish our own currency which is based on gold or silver, unlike fiat currency. Banks should only exist to store and transfer money. Lending should be done by non-profit organizations such as the government. In that way public money is circulated again in public for business purposes. It is as simple as that. A capitalist economy cannot be interest free!
about your comment of 20 dollars in twenty years, one of the reason the value of money keeps on increasing is interest. If there was no interest, the price would not have increased that much. we r living in an interest based economy and the evil bankers run the show, they manipulate the economy to profit themselves and the literally make money from thin air, without doing any productive work, and due to these bastards, the public has to suffer!
well i think you mean "decrease" rather than "increase" but yeah, the fed is making money from thin air and thats probably the only reason why the value is decreasing, the economy wasnt this unstable when america was on the gold standard, but we still had interest back then because we had jews back then aswell its just there were less of them
@gangstasal85 How can you call yourself a Muslim and agree with Riba? Its haram period. If I lend you 20 I expect 20 back nothing less nothing more. I am not there to make money of your back but would rather work for my money.
in a year the interest is 12%, if you loan 50.000 the interest in one year is 6.000 grand. If you took 5 year loan your interest will become 6000 x 5 = 30000. So if you loan a 50.000 in 5 year you must returned 80.000. The interest is more than a half of the loan. Scary actually.
Be satisfied with what you can afford eXtremist, like the brother here says. Rent, or build with your own hands, or with the help of your friends. Look in my favorites and you will see how it can be done very inexpensively. Most people in the world don't use mortgages. They wait until they have all the cash, live with their families, etc., although now the banks want to bring riba to those countries too.
It is simple to own a palace. You only have to do good deeds, and don't worship an other ten Allah. Then Allah can give you the best house or palace, in paradise. And I think, how much you like.
Through hard work, even if it takes years, you reap what you sow.
With your morgage someone somewhere is sitting and taking your money, they get richer you get poorer.
Watch Imran Hosein on riba here on youtube.
This world is temporary so it shouldnt be a big deal anyway, we'll never really own earth, it'll own it when we're in it ! SubhanAllah, May Allah help those who find it hard to separate from this Godless world. InshAllah.
but i wanted to know is it haram to get a home loan for a house with the intentions of living in here with family for comfort nothing else no greed nor opression.
This comment has received too many negative votesshow
Interest is the foundation of finance. The time value of money. U cant ban interest, its stupid and unsound. There would be no incentive to save. No incentive to lend. Interest is a beautiful mechanism for lenders and borrowers in principal. U muslims will remain in 7AD if u continue with it. Come on, u muslims might as well go back to barter trade LOL.
Unfortunately i have to shatter ur dreams, islam cannot offer a viable alternative to capitalism. Its backward.
yes its true riba is haram, even buying a house, vehicle anything wif interest is haram. if we follow the quran n sunnah then it helps us solve this problem.
allahu ekber,well lillahil hamd.....so who is the aganst the slavery...from the beganneng,....just allah only....thank you allah you all hearing n all knowing
I want a buy a house for my family as well. But i am trying to work out a way to avoid interest. and God is helping. keep to it and God will help. just you see. have faith
its a whole haram money fiat money is also haram u can't get make money out of thin air
yaqubali 3 weeks ago
Interest from the bank is just one tiny aspect of riba. Riba is much more than interest. To limit riba to just interest is a trick. Riba also means we cannot accept paper as money, nor can we accept creating money out of thin air, nor can we accept 'Islamic' banks, which are no different to conventional banks.
AbdullahSeymour 1 month ago
riba is a disease for all mankind.
77moessa 3 months ago
im selling mastercards on phone i feel bad about it is it haram, dod i declare war with God please help me out muslims brother please!!!!!!!!!!!!11
gambaownsus 7 months ago
@gambaownsus
then stop selling
alnarweeg92 6 months ago
i just wanted to correct shaikh khalid yasin about Allah waging war on those who does not stop riba. it is true , but also Allah said (meaning) he will wage war on those who take His awlaya's (friends) as enemies.
so not only one case but two cases where Allah wages war on someone.
i hope the shaikh will see this message or someone delivers it to him please.
jackfatal2 7 months ago
eye frishtha do the account's of all from the point, after 2012 or 2013 eye will after. the trick's you don't understand of the kuffar's eye will explane
esusejesuse 1 year ago
so jesuse said eye am a god of my house with 72 virgin's of yatheem's no juda,judge,s , jew's have right to become father of my house. so jesuse said eye am a moo<<< face ahad<<<< one dean <<< teacher of ya allah.
esusejesuse 1 year ago
so the jew's can have intrest and abuse human's as slave's. the dept paid by slave's called mosslim's as the court yard's in power are the jew's perliment or jew's disharia. good trick's by all. they resell the house to the jew's to clear dept and have value to rule the court yard's. may be you should talk about the juda ,judge's,jew's of islaam
esusejesuse 1 year ago
1. I lend u £10000 u buy a house with the £10,000. U then pay me back £1000 a month for 1 year making £12000 in total. This I think contains interest.
2. I buy a house for £10000. I sell the house to u for £12000 telling u that I bought it for £10000. U pay the £12000 in £1000 monthly installment for 1 year. There is not interest.
In both scenarios overall the same thing happen so why is one haram and one halal?
usamajaved12 1 year ago
@usamajaved12 Because interest is a continues process normally yearly. for example 20% a year.
In the second secnario there is no interest and in the event you fail to pay the installment then they can sell the house take what it is owed and give you the rest if u have any left. In Riba you loose your house because too busy paying the interest.
TheSaffyone 10 months ago
@usamajaved12 in the 2nd scenario when you tell the person that you bought it for £12000, that counts as lying so thats haram aswell. also i think the prophet cursed the people who do business like that (im not completly sure about the second part but i think so)
ucdisochalaqa 9 months ago
@usamajaved12 The difference is this.
When someone lends you £10000 to buy a house and they charge you £12000 in total to pay it back, they are making money from nothing which is Haram in Islam.
When someone buys a house for you for £10000 and is selling it to you for £12000 but you pay in monthly installments, it is Halal because they are making money from a physical item, this is considered profit money. They are not making money from nothing.
aminul1984 5 months ago
@aminul1984 1 more thing, interest rate is compounded while the buy the house n sell the house, both know the selling price, clear, certainty, the buyer knw how much he will pay, the sell knw how much he will sell.. in my country, people see hse price rm200k, at certain interest rate, loan period abt 10 to 20 years( more affordable) then until they pay off the mortgages- they only realize tat they pay more than 400k ...interest rate alone is more than 200k...People!! this is uncertainty, unfair
imperial881 5 months ago
thx
GUPTABAG 1 year ago
Allah has declare war against riba, so who desire private property and stock sharing.
PhuQuangLe111 1 year ago
Prophet Muhammad said...that the time of Dajjal is gona be the period of Ribah...where it will be barely noticeable!
zarfanhussain 1 year ago
When the poor are permanently poor, and the rich, permanently rich, that is oppression! All around the world today that economic oppression exists, and is constantly increasing, - the poor grow poorer and the rich, richer. Riba is the cause. A predatory global elite, centered in the West, but also present around the world, is constantly sucking the wealth of mankind and impoverishing the masses through riba.
GlobalDuty 1 year ago
telling clearly the truth by khalid yasin
islamhotline 1 year ago
so much beauty and truth in his words. i will be sharing this video with my friends and family.
videochemist 2 years ago 6
The only interest free, non-commodity backed, money system that the United States ever had was "The Greenback", and it worked so brilliantly that the bankers had to cripple it by using religious propaganda to convince americans that their money needed to be backed by Gold instead. It worked and now all Americans are slaves to banks.
MrDjangofan 2 years ago
If you really want to know a lot about this subject, read a book called "The Lost Science Of Money" . Riba should be outlawed in the United states in favor of "stock" ownership on profits made by the borrower. It would be a much more fair system. The bankers of the world want Iran to fall because they have it right.
MrDjangofan 2 years ago
alhamdulilllah---this guys telling us a lot of our problems
hey whats the scholars name
123456789qas 2 years ago
@123456789qas khalid yasin
atikuurr 1 year ago
Now what is the solution? First of all muslims should shun fiat currency and fractional reserve banking (products of capitalism) and base their currency on gold and silver. e-dinnar is a good initiative. banks should only exist to store and transfer money and they should charge fees for it. Lending should be done by a non-profit institution like Government, in that way public money is returned back to public for businesses. The root of evil is capitalism, but modernist try to mold Islam into it!
hamidmushtaq 2 years ago
(ct...) Israelites did the same thing once (playing tricks to prevent something) and they were severely punished. God forbid them fishing on saturdays, but what they did, they dug canals and fish came to them on sundays, which they then easily picked. Technically they did not fish on saturdays, but their intent was wrong. Similarly, the intention of Islamic bankers is to profit without risking and this is not at all Islamic. You cannot mold Islam into capitalism!
hamidmushtaq 2 years ago
(ct...) The ownership of bank in Murabha is phony because, the bank only buys when it is sure the customer will purchase it and it even places guarantees, like in case of denial to purchase by customer, he will compensate for the losses. This ownership is definitely phony and Islam demands that you can only sell a thing which you own. So I was not criticizing the profits, but the deal, which is mere manipulation of words (ct...)
hamidmushtaq 2 years ago
He talks about insurance.
is that also riba?
For example a health insurance, or a car insurance?
LetsCook2gether 2 years ago
Car insurance is required by law.
It is simple, when you have a son/daughter (new born) don't register your baby (birth certificate) do not claim child benefit etc, thats when you are walking a narrow path, the path that god wants you to walk.
So when your child grows up, he/she will not be subjected to statue law only common law.
eternalduty 2 years ago
@eternalduty
So you mean dont let the goverment know that you have a child?? How can the child go to school or get a job. Because you need a socialnumber for the tax otherwise they dont give you the job. Especially here in europe.
Can you tell me more how to get around this??
LetsCook2gether 2 years ago
That goverment can know that you have a child, but when you don't register the birth, you are telling the goverment that you need no support what so ever from them, you child will be free from the system, the Creator already warned us about choosing the right path, look at the young muslims in England right now... they are lost in western values, walking away from the Creator.
Allow your child to become a Freeman of society. type in Freeman on google/youtube and investigate what i mean.
eternalduty 2 years ago
God damn us in the west...!
DDFF232 2 years ago
lol
manguejus 2 years ago
i think if you avoid completely get into debt, then the banks will change the computers and the checks for bulldozers and apaches, and get your shit for actually nothing, whoops¡ already happen...
Licurgoknox 2 years ago
im a muslim, but i think this idea is greatly flawed, if i loan someone 20 dollars so they can have something to eat and they agree to pay me back in twenty years time, i doubt i'll be able to buy the same lunch with those 20 dollars, because of taking into account present value, inflation, and the dollar taking a tanking if things go sour, so to make up for that i have to charge interest, instead of 20 dollars in twenty years he will have to give me about 25 or 30 dollars to make up my loss
gangstasal85 2 years ago
You should research more on Sharia loans. This is what Sharia banking does: when you get a halal home loan, the Sharia bank owns the bank, and charges you "rent" for a period of time until the loan is completely paid off. Within that "rent" is the monthly payment for the home, and an additional "fee" that the bank charges you for living in the home. That "Fee" is the extra $5-10 you are talking about. Sounds like interest? A little, but the principle is different.
freeduckie 2 years ago
im actully talking about the definition of "interest", and i have the oxford one right here, it says that its "Rent or fee payable on borrowed asset" so rent and interest are interchangeable words, and AFAIK, ur not allowed to give a loan in islam, if someone wants money, you give it as "sadqa" and not expect it back, if he pays you back then its a gift to you, but you shouldnt expect to get it back.
gangstasal85 2 years ago
i should have said NEED instead of WANT, if someone needs money, you give it as sadqa, and if someone WANTS money, then its upto you to give it or not, but you shouldnt expect it back in any case.
gangstasal85 2 years ago
I've searched about Sharia loans and I tell you what, they are back door to riba! They do not completely follow Islam. For example, take the example of Murabaha. Islam requires one to own the good before selling, but Islamic bank only buys something when it is sure someone will buy it, and they also have guarantees in case the customer refuse to buy after bank purchased the thing. How can you call it Islamic. It is so obviously unislamic! Aslo islamic banks don't follow full reserve banking!
hamidmushtaq 2 years ago
Not sure what bank you're talking about, but a local Islamic bank here does murabaha as well. The person makes an initial payment for a home, and the bank will buy it and give you ownership when you finish all the payments. I think what you're arguing is how the bank "profits" off the loan. The bank implements a fixed-charge "fee" that is based off the current mortgage rate. Yes, it looks similar to interest but in these times there is really no other way to determine the Bank's profit.
freeduckie 2 years ago
This sort of method is known as Diminishing Musharaka, while I was talking about Murabaha. Murabaha has been severely criticized by many scholars, while this type of transaction is less criticized. But some scholars call this type of transaction two sales in one and that is forbidden in Islam. There are two sales, because at the same time you are a tenant as well buyer of the house! For Murabaha, my criticism is that ownership of the bank b/w purchase and selling is not real, but phony (ct...)
hamidmushtaq 2 years ago
Islamic banks actually try to mold with the current capitalist system which is inherently flawed. What we need to do is to first establish our own currency which is based on gold or silver, unlike fiat currency. Banks should only exist to store and transfer money. Lending should be done by non-profit organizations such as the government. In that way public money is circulated again in public for business purposes. It is as simple as that. A capitalist economy cannot be interest free!
hamidmushtaq 2 years ago
about your comment of 20 dollars in twenty years, one of the reason the value of money keeps on increasing is interest. If there was no interest, the price would not have increased that much. we r living in an interest based economy and the evil bankers run the show, they manipulate the economy to profit themselves and the literally make money from thin air, without doing any productive work, and due to these bastards, the public has to suffer!
hamidmushtaq 2 years ago
well i think you mean "decrease" rather than "increase" but yeah, the fed is making money from thin air and thats probably the only reason why the value is decreasing, the economy wasnt this unstable when america was on the gold standard, but we still had interest back then because we had jews back then aswell its just there were less of them
gangstasal85 2 years ago
@gangstasal85 How can you call yourself a Muslim and agree with Riba? Its haram period. If I lend you 20 I expect 20 back nothing less nothing more. I am not there to make money of your back but would rather work for my money.
yonisfarah 1 year ago
Nice work. keep it up. mean time come for social media marketing for esteembpo**com
lyndonsilva 2 years ago
this man is great MashAllah i have learnt alo of new things as i am a young boy.
does anyone know his name please and thank you.
ajy2k8 2 years ago
His name is Khalid Yasin, There are many lectures on youtube by khalid yasin.
Hafsa99 2 years ago
khalid yasin
uzer4567 2 years ago
Comment removed
isaiahact 2 years ago
Islam is of God you dumb stick
Howitzer909 2 years ago
Interest 1% a month, look small isn't?
in a year the interest is 12%, if you loan 50.000 the interest in one year is 6.000 grand. If you took 5 year loan your interest will become 6000 x 5 = 30000. So if you loan a 50.000 in 5 year you must returned 80.000. The interest is more than a half of the loan. Scary actually.
probokator 2 years ago
Riba really is evil brother.
To engage in the practise is to declare War against Allaah and his Messenger.
Think about it...being cursed in this life and then in eternal hellfire after death.
Howitzer909 2 years ago
~~~~~~~~Everyone should watch "The Prohibition of Riba" series on youtube~~~~~~~
IQ233 2 years ago
Masa'allah..we're living in the modern world slavery..this is the WORLD OF GOGO AND MAGOG.
podster05 3 years ago
AL BAKARAH 275 TO 279 QURAN
strongestiman 3 years ago 4
Amin to you sir, and all those who posted in favor of what you're saying!
hopeforamerika 3 years ago
DONT SACRIFICE YOUR RELIGION FOR RIBA
SAJEDMUNIR 3 years ago 32
How can we own a house then?
eXtremist87 3 years ago
Be satisfied with what you can afford eXtremist, like the brother here says. Rent, or build with your own hands, or with the help of your friends. Look in my favorites and you will see how it can be done very inexpensively. Most people in the world don't use mortgages. They wait until they have all the cash, live with their families, etc., although now the banks want to bring riba to those countries too.
hopeforamerika 3 years ago
It is simple to own a palace. You only have to do good deeds, and don't worship an other ten Allah. Then Allah can give you the best house or palace, in paradise. And I think, how much you like.
zahara114 3 years ago
I like!
hopeforamerika 3 years ago
YOU CANT UNLESS YOU CAN AFFORD IT
SAJEDMUNIR 3 years ago 10
Through hard work, even if it takes years, you reap what you sow.
With your morgage someone somewhere is sitting and taking your money, they get richer you get poorer.
Watch Imran Hosein on riba here on youtube.
This world is temporary so it shouldnt be a big deal anyway, we'll never really own earth, it'll own it when we're in it ! SubhanAllah, May Allah help those who find it hard to separate from this Godless world. InshAllah.
quroox 3 years ago
be grateful for what allah had given you ...
if do right inshaallah allah be make your road much easier.
if you disobey allah commandments only misery be for you life
bobby929 2 years ago
INTEREST DESTROYS COMMUNITIES
SAJEDMUNIR 3 years ago 29
Interest - a modern form of slavery
mohammadzafar 3 years ago
GIVE UP INTEREST 275QURAN
SAJEDMUNIR 3 years ago 6
but i wanted to know is it haram to get a home loan for a house with the intentions of living in here with family for comfort nothing else no greed nor opression.
sir200sx 3 years ago
Brother living here in Australia, interest is made to look halal. It dosen't matter what your intentions are, interest will never be halal.
sydboy84 3 years ago 3
This comment has received too many negative votes show
Interest is the foundation of finance. The time value of money. U cant ban interest, its stupid and unsound. There would be no incentive to save. No incentive to lend. Interest is a beautiful mechanism for lenders and borrowers in principal. U muslims will remain in 7AD if u continue with it. Come on, u muslims might as well go back to barter trade LOL.
Unfortunately i have to shatter ur dreams, islam cannot offer a viable alternative to capitalism. Its backward.
PandemicMadness 3 years ago
Oh yeah, and you'll be in the Hellfire. Just look at the increase in repossessions taking place in America.
AtahPatel 3 years ago 3
alhamdulillah akh!
tell it lyk it is!!
jazakallah 4 the much needed clarity!
Shabzana 3 years ago
yes its true riba is haram, even buying a house, vehicle anything wif interest is haram. if we follow the quran n sunnah then it helps us solve this problem.
saifmujahid 3 years ago
allahu ekber,well lillahil hamd.....so who is the aganst the slavery...from the beganneng,....just allah only....thank you allah you all hearing n all knowing
uksedat 3 years ago
in the Bible, interest is prohibited as well...I just wonder why Jews or Christians are no longer interested in that??
kriswin83 3 years ago 2
I thought Riba was usury (execessive interest), not interest itself.
kennedyucla 3 years ago
yes that is true...many people get it wrong
ArabsUnit 3 years ago
I wonder if there still would there be the sub-prime mortgage crisis in America if everyone followed the practice of prohibiting riba (interest).
djrun 4 years ago
No, because no one but the super rich could own property without mortgages.
99.9% of the people would be paying rent to the .1%
lordaltay5 3 years ago
Interest(Riba)is one of the major sins in Islam.
shamatroot 4 years ago 3
excellent
jinwoo11 4 years ago
I want a buy a house for my family as well. But i am trying to work out a way to avoid interest. and God is helping. keep to it and God will help. just you see. have faith
emaginear 4 years ago
Interest prohibited "IN ALL RELIGIONS". That was the key phrase. Good Job
emaginear 4 years ago
Yes, first Moses prohibited it, but no one cares about it.
Deuteronomy:
19 Do not charge your brother interest, whether on money or food or anything else that may earn interest.
Levitikus:
36 Do not take interest of any kind from him, but fear your God, so that your countryman may continue to live among you
etc...
zahara114 3 years ago 2
jazakallah khair for putting this up may ALLAH(SWT)bless u.ur sister in islam
choorijamadar 4 years ago