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Riba Modern day Interest

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Is Interest from a bank allowed in Islam?

Channel: People & Blogs
Uploaded: November 30, 1999 at 12:00 am
Author: barra3737

Length: 08:35
Rating: 4.91
Views: 7448

Tags: banking  Finace  Haram  Interest  Islam  Islamic  Riba  

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Video Comments

eXtremist87 (November 30, 1999 at 12:00 am)
How can we own a house then?
AtahPatel (November 30, 1999 at 12:00 am)
Oh yeah, and you'll be in the Hellfire. Just look at the increase in repossessions taking place in America.
SAJEDMUNIR (November 30, 1999 at 12:00 am)
DONT SACRIFICE YOUR RELIGION FOR RIBA
SAJEDMUNIR (November 30, 1999 at 12:00 am)
INTEREST DESTROYS COMMUNITIES
ArabsUnit (November 30, 1999 at 12:00 am)
yes that is true...many people get it wrong
mohammadzafar (November 30, 1999 at 12:00 am)
Interest - a modern form of slavery
sydboy84 (November 30, 1999 at 12:00 am)
Brother living here in Australia, interest is made to look halal. It dosen't matter what your intentions are, interest will never be halal.
SAJEDMUNIR (November 30, 1999 at 12:00 am)
GIVE UP INTEREST 275QURAN
sir200sx (November 30, 1999 at 12:00 am)
but i wanted to know is it haram to get a home loan for a house with the intentions of living in here with family for comfort nothing else no greed nor opression.
PandemicMadness (November 30, 1999 at 12:00 am)
Interest is the foundation of finance. The time value of money. U cant ban interest, its stupid and unsound. There would be no incentive to save. No incentive to lend. Interest is a beautiful mechanism for lenders and borrowers in principal. U muslims will remain in 7AD if u continue with it. Come on, u muslims might as well go back to barter trade LOL. Unfortunately i have to shatter ur dreams, islam cannot offer a viable alternative to capitalism. Its backward.

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