02-10-2006, 11:07 AM
I agree with you, lender should not feel the burden and must be reimbursed with the current value of the money matched with value when origionally extended to the borrower.Calling it haram seems kinda awkward (i'm not referring to Quran), rather the concept that has nurtured over the decades regarding Interest free banking etc etc. So the point is both the Lender and the borrower must enjoy the constant value of money without reduced value of money at the time of due date.Still, there is a point what if value of money appreciates after the tenor? Should he be reimbursed with Less money equalling the origional value of money?If we both Stick with our views, surely we got to do this then.still matter need to be resolved)