Prohibition of Riba and its rationale : is simple interest Haram ?

Fatawa Question

Slaam, is simple interest Haram. According to an Isma’ili convert to real Islam like me named--------------, he says simple interest is not Haram ; his website is mostmerciful.com and you can find his email address. I just want the truth, also what is the full story with silk why is it Haram ? Are silk ties Haram ? What are all the Fard and Fard Ains of all 5 pillars of Islam ? especially hajj.

Fatwa

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Publication Date

2002-03-19

Main Subjects

Economics & Business Administration
Financial and Accounting Sciences
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-725640

American Psychological Association (APA)

Qahf, Mundhir. 2002-03-19. Prohibition of Riba and its rationale : is simple interest Haram ?. .
https://search.emarefa.net/detail/BIM-725640

Modern Language Association (MLA)

Qahf, Mundhir. Prohibition of Riba and its rationale : is simple interest Haram ?. 2002-03-19.
https://search.emarefa.net/detail/BIM-725640

American Medical Association (AMA)

Qahf, Mundhir. 2002-03-19. Prohibition of Riba and its rationale : is simple interest Haram ?.
https://search.emarefa.net/detail/BIM-725640