Interest and Its Role in Economy and Life

Interest and Its Role in Economy and Life
An article explains why the Muslims abide by the prohibition of usury while the Jewish and Christian secularists are calling to to affirm it. A glimpse at some texts from the Quran and the Sunnah which severely warn against the taking of interest. Interest and Usury in the Bible (Judaism and Christianity) and according to early thinkers. An article explains how something so despised such as interest could be justified and even institutionalized as a standard. The various ways in which thinkers in the past have tried to conjure explanations for the existence of interest. The various ways in which interest has harmed society. The devastating ills of interest on an international level. An Islamic solution to the interest model, and how economy can still thrive without interest.
Formation : Jamaal Zarabozo
From issues : A website Islam Religion www.islamreligion.com
Source : http://www.islamhouse.com/p/190075
Download :

Random Books

ZakaahA brief but nice booklet discussing Zakaah, those items and amounts upon which it is due, and where it is to be spent. Includes a few important fataawa related to Zakaah
Formation : Abdul Aziz bin Abdullah bin Baz
Source : http://www.islamhouse.com/p/1269
Download :
Jawame DuaaWhat are the Conditions of Du'aa? Merits of Supplications? Manners of Making Du'aa? Mistakes in Du'aa? Why invocations not Answered? This series answer those questions and other topics.
Formation : Khalid Aljuraisy
Reveiwers : Muhammad AbdulRaoof
From issues : http://www.alukah.net - Al Alukah Website
Source : http://www.islamhouse.com/p/345083
Download :
A guide for the new MuslimThis is a gift for all the new Muslims who currently know the right path to Allah. This is a means to strength and preserve their belief. In this book Sheikh Jamaal al-Din Zarabozo shows the fruits of becoming a Muslim, the excellent features of Islam and all aspects of Islam. Sheikh Jamaal illustrates the pillars of faith on which one’s belief is based and the pillars of Islam which contain the best practical deeds (e.g. prayer) and the best deeds of the heart i.e. the monotheism. As Islam is a social religion, Sheikh explains the Muslim’s behavior towards all individuals in the society, old or young, whether they embrace Islam or not. Afterwards he puts up some notice about both of the permissible and prohibited financial dealings. He also mentions the factors which increase the one’s belief and help the Muslim to abide by Allah’s commands. He refers to the obstacles (e.g. lust, misconception and ignorance) in the path of the Muslims prevent him from continuing his way to Allah. He also shows the prerequisites of the sincere repentance which is between the person and his God without a mediator. Finally, he gives a word for the new Muslim.
Formation : Jamaal Zarabozo
Source : http://www.islamhouse.com/p/193813
Download :
The Life and the Aqeedah of Muhammad Bin Abdul-WahhabThe Life and The Aqeedah of Muhammad ibn Abdul-Wahhab: This book is not one with a political agenda. It is meant neither to support nor to critique any contemporary regimes or policies. Indeed, the driving force behind this work is much greater and more important than that. It has to do with, first, the religion of Islam as preached by the Prophet (peace and blessings of Allah be upon him) himself and, second, with the honor and rights of an individual Muslim, Muhammad ibn Abdul-Wahhab.
Formation : Mahmoud Reda Morad Abu Romaisah
Reveiwers : Muhammad AbdulRaoof
From issues : A website Islamic Library www.islamicbook.ws
Source : http://www.islamhouse.com/p/330820
Download :
Prohibitions That Are Taken Too LightlyA book which explains the Prohibitions That Are Taken Too Lightly, Allah has laid down obligations which we are not permitted to ignore, and has set limits which we are not permitted to transgress, and has set out prohibitions which we are not allowed to violate.
Formation : Muhammad Salih Al-Munajjid
From issues : http://www.islamqa.com - Islam : Question & Answer Website
Source : http://www.islamhouse.com/p/185173
Download :