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interest and islam
07-04-2004, 06:44 AM
Post: #46
 
Well Here I think that If a person buys a car for Rs.10,000 on credit,he should pay the same price unless the value of money has increased or decreased.It is just like a provision which a lender makes that an amount should be charged over the original price so that the increase or decrease in the value of money or effects of inflation can be compensated.
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interest and islam - mintblue - 01-12-2004, 11:17 PM
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