Categories related to Society: Religion and Spirituality: Islam: Jurisprudence: Prohibition of Interest: Science: Social Sciences: Economics: Economic Systems: Islamic Economic System (10) Society: Religion and Spirituality: Islam: Commerce: Finance (17) Websites on Prohibition of Interest: Economics and Islam A non-technical presentation of the principles and advantages of finance on Islamic principles. Interest (Riba) Explores the concept of Riba (charging of interest on a loan) by reference to the Qur'an, Hadith, and the schools of law. The Issue of Riba in Islamic Faith and Law An article by Dr Abdulaziz Sachedina, of the University of Virginia, US, explores the concept of riba (usury and interest), including its historical context. Mahmoud Amin El-Gamal A translation of Dr Wahbah Al-Zuhayli’s book, "Financial Transactions in Islamic Jurisprudence", by Dr Mahmoud el-Gamal, of Rice University, US. Also offers a selection of papers on Islamic Law, Economics and Finance. Muslim Investor Information, including Ask-A-Scholar, on banking, stocks, mutual funds, credit cards, and mortgages. The Redefinition of Islamic Economics Article arguing that social justice and equality are the true essence of “Islamic economics”, not the prohibition of modern competitive interest rates, using an analysis of the Qur'an and economic theory.
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