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Home Tag usury

Tag: usury

Zakat, Islamic social finance, trading in illicit/immoral goods, Islamic financial institution, Sukuk, multinational, investment opportunities, mutual funds, A panacea for Ghana’s high inflation, Social Security, profit, money, capital, Principles, Research and Development, bond, Islamic Finance: Treasury Bills, loan, blockchain, Etiquette, Fund, riba, Murabaha, finance, sharecropping, hoarding, Islamic Economics, islamic banks, dinar, diminition musharakah, takaful,Islamic Banking and Finance, Yahaya Illiasu,

The Irreversible Prohibition of Riba (usury/interest)

by Osumanu Al-Hassan

Riba is any increase stipulated on a loan (money), where one is required to pay more than they borrowed

Zakat, Islamic social finance, trading in illicit/immoral goods, Islamic financial institution, Sukuk, multinational, investment opportunities, mutual funds, A panacea for Ghana’s high inflation, Social Security, profit, money, capital, Principles, Research and Development, bond, Islamic Finance: Treasury Bills, loan, blockchain, Etiquette, Fund, riba, Murabaha, finance, sharecropping, hoarding, Islamic Economics, islamic banks, dinar, diminition musharakah, takaful,Islamic Banking and Finance, Yahaya Illiasu,

The impeccable description of usury by ‘The Merchant of Venice’

by Osumanu Al-Hassan

Islam does not distinguish only between the minimal and exorbitant rates of interest. Both are equally prohibited.

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