Tag: credit

financial crises and Islam

Riba, Financial Crises and Debts

  At the time the ayahs about riba and debt were revealed, people did not trust each other. There was an atmosphere not just of mistrust, but also greed and exploitation. The rich controlled...

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Confused about Mortgages

Islamic Mortgages, Insurance and Loans

Stuck between a Rock and Hard Place. Confused.com …about Mortgages, Insurance and Banking The Dangers of Riba Riba literally means increase. Known widely as ‘interest’ and ‘usury’, it is the charge levied for ‘using’...

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