Using gold as money at this moment in time may not solve the core problem. First, there are some people who have hoarded a lot of it, so they will start being rich by default. Second, it will be a backward civilization because gold is one of the oldest forms of money. Thirdly, the clever bankers will find ways to counterfeit and take interest on the gold based system. We need a more creative, infallible form of money. *sigh**
i was aware that these islamic banking system were cleared and monitered by the oppointed imams. so if this system is not islamic, then how are the people who follow islamic rules, ever to be accomplished in this modern world.
at the time of the prophet,there were too many loan sharks,like the ones we have now(banks). so it was prohibited to pay or take inerest on money. but in this modern world if we cant use the islamic banks, then we will have to use the JEWISH BANK.to stay behind tobe ruled
Imran Nazir Hosein should explain how he bought the Nissan Laurel he is known to drive; maybe he called on Shaikh Abdul-Qadir Jilani in his grave of 500 years in Iraq to get it for him, however, Shaikh Jilini was a true scholar & did not support grave worship.
Using gold as money at this moment in time may not solve the core problem. First, there are some people who have hoarded a lot of it, so they will start being rich by default. Second, it will be a backward civilization because gold is one of the oldest forms of money. Thirdly, the clever bankers will find ways to counterfeit and take interest on the gold based system. We need a more creative, infallible form of money. *sigh**
zachrome91 1 week ago
i was aware that these islamic banking system were cleared and monitered by the oppointed imams. so if this system is not islamic, then how are the people who follow islamic rules, ever to be accomplished in this modern world.
at the time of the prophet,there were too many loan sharks,like the ones we have now(banks). so it was prohibited to pay or take inerest on money. but in this modern world if we cant use the islamic banks, then we will have to use the JEWISH BANK.to stay behind tobe ruled
jahan442 3 weeks ago in playlist A3 Study and investigation
now in Thailand Islamic banking Growing up so fast
musapeaceza 3 weeks ago
@flintp51 riba
PakitoonDeen 3 weeks ago
@MrQualityTime That is only one form of riba. Gambling is also a form of riba, insurance is another form. There are 73 types of riba.
KHALIIL01 1 month ago
Imran Nazir Hosein should explain how he bought the Nissan Laurel he is known to drive; maybe he called on Shaikh Abdul-Qadir Jilani in his grave of 500 years in Iraq to get it for him, however, Shaikh Jilini was a true scholar & did not support grave worship.
KHALIIL01 1 month ago
Riba = Interest on money loaned or credit
MrQualityTime 3 months ago
What is he saying? Back door r.....?
flintp51 3 months ago
@AbouMachakiel this lecture is very old...u should watch a few new ones...majority of his lectures r new....
maddy52003 5 months ago