The nature of Riba and rationale of prohibition : the first interest free bank

السؤال

Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh, Dear scholar, recently we found in a local book written by a historian, that the Prophet (PBUH) founded the world's first interest free bank. As far as we know, though interest was declared Haram, there was no formal banking system at Prophet's (PBUH) time. Will you please enlighten us as to the exact status of this issue at that time. With best regards. Allah Hafiz. Jazakum Allahu Khairan for your constant help

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2006-08-06

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
الدراسات الإسلامية

عدد الصفحات

1

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-790196

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