Prohibition of Riba and its rationale : proper concept of Riba : Is Riba different from interest ?
Fatawa Question
My question to you is related to Riba. Some people claim that Islam has prohibited Riba not interest. They differentiate it buy saying that interest is charged on normal market and inflation rate, on the other hand what Islam has prohibited is exploitation which is higher interest or (usury). Please guide me through the proper concept of Islam regarding Riba
Fatwa
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Publication Date
2002-04-16
Main Subjects
Financial and Accounting Sciences
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-725682
American Psychological Association (APA)
Qahf, Mundhir. 2002-04-16. Prohibition of Riba and its rationale : proper concept of Riba : Is Riba different from interest ?. .
https://search.emarefa.net/detail/BIM-725682
Modern Language Association (MLA)
Qahf, Mundhir. Prohibition of Riba and its rationale : proper concept of Riba : Is Riba different from interest ?. 2002-04-16.
https://search.emarefa.net/detail/BIM-725682
American Medical Association (AMA)
Qahf, Mundhir. 2002-04-16. Prohibition of Riba and its rationale : proper concept of Riba : Is Riba different from interest ?.
https://search.emarefa.net/detail/BIM-725682
