Sebastian Gorka: Sahriah finance is a zero-sum game
Dr. Sebastian Gorka is military affairs fellow with the Foundation for Defense of Democracies in Washington, D. C., and associate fellow with the Joint Special Operations University. He has written an excellent article on Shariah-Compliant Finance which we think everyone should read… Dr. Gorka correctly identifies Shariah-Compliant Finance as a form of economic warfare being [...]
Riba and Interest: Definitions and Implications Imad-ad-Dean Ahmad, Ph.D. Posted Feb 13, 2008 • Permalink • Printer-Friendly Version Riba and Interest: Definitions and Implications by Imad-ad-Dean Ahmad, Ph.D. [ABSTRACT: The overwhelming majority of scholars have historically held that all interest falls under the rubric of ribâ, banned by the Qur’an. We [...]
Those who devour Riba (usury) will not stand (on the Day of Resurrection) except as stand one whom the Evil one by his touch Hath driven to madness. That is because they say: “Trade is like Riba (usury),” but Allah hath permitted trade and forbidden Riba (usury). Those who after receiving direction from their Lord, [...]
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