Prohibition of Riba interest and its philosophy : information about Islamic banking and finance

Fatawa Question

As Salamu Alaikum Wa Rahmatulahi Wa Barakatuh, Dear Dr Kahf, My name is Ibrahim and I live in the Netherlands. I am a student of international business and management studies. I have many questions to ask you, mostly about Islamic business in general (economics, investment, finance, banking, management, marketing, entrepreneurship). First, is there any college or university that you know that teach this subjects Islamically here in Europe, Asia or anywhere in the world ? Are there any Islamic financial, investment institutions that operate without dealing with interest rate ? What should I do to learn these subjects or some of them in the light of the Quran and Sunnah and later be able to practice them and survive in this world of business competition ? I think I have to stop here for now. I hope hearing soon as possible. Barak Allahu Fikum, Ibrahim

Fatwa

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Publication Date

2009-02-04

Main Subjects

Financial and Accounting Sciences
Islamic Studies

Topics

• Islamic jurisprudence
• Banking services
• Islamic Banks

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-729574

• APA
• MLA
• AMA