Islamic and Non Islamic Financing

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Islamic and Non Islamic Financing - Difference?

smraza
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09-25-2003, 05:37 AM

actually, i posted this topic bcaz i was going through the repayment schedule of a loan granted by the bank which was mentioned in the topic"Islamic Job Required", I didnt find any difference b/w that and the schedule prepared by anyother bank, oooooh yes, i found the difference the word "Interest" or "Markup" was replaced by the word"Profit",
and Pervez, a very well question raised by you, as far as i know about it, before Hazrat Muhammad (PBUH) the interest was too common while taking loans, (as in that regime every bad thing was on its extreme) most of loans were of personal natures not the business nature, (but in islam interest is haram whatever its nature is.)
if i m not correct please correct me, and i think sajjad will be in a better position of clarification, as he is tableeghi brother.

S M R

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Islamic and Non Islamic Financing - Difference? - by smraza - 09-24-2003, 06:04 AM

[No subject] - by sajjad_dar2000 - 09-24-2003, 06:35 AM

[No subject] - by zubair - 09-24-2003, 07:31 AM

[No subject] - by zubair - 09-24-2003, 07:34 AM

[No subject] - by Pervez - 09-24-2003, 11:14 AM

[No subject] - by jbladeus - 09-24-2003, 10:32 PM

[No subject] - by smraza - 09-25-2003, 05:37 AM

[No subject] - by zubair - 09-25-2003, 05:49 AM

[No subject] - by Pervez - 09-25-2003, 10:35 AM

[No subject] - by zubair - 09-25-2003, 05:23 PM

[No subject] - by jbladeus - 09-25-2003, 08:09 PM

[No subject] - by smraza - 09-26-2003, 06:26 AM

[No subject] - by smraza - 09-26-2003, 06:32 AM

[No subject] - by Pervez - 09-26-2003, 09:58 AM

[No subject] - by farhansyed - 09-26-2003, 05:14 PM

[No subject] - by sajjad_dar2000 - 09-26-2003, 09:25 PM

[No subject] - by Faisi - 09-29-2003, 09:02 PM

[No subject] - by smraza - 09-30-2003, 07:42 AM

[No subject] - by smraza - 09-30-2003, 07:45 AM

[No subject] - by Dharar - 10-04-2003, 05:09 AM

[No subject] - by Dharar - 10-04-2003, 05:10 AM

[No subject] - by smraza - 10-04-2003, 06:51 AM

[No subject] - by sohaib - 10-09-2003, 09:19 AM

[No subject] - by zubair - 10-10-2003, 05:32 AM

[No subject] - by Farhan Ali - 10-13-2003, 04:42 AM

[No subject] - by zubair - 10-13-2003, 06:14 PM

[No subject] - by zubair - 10-13-2003, 06:24 PM

[No subject] - by jbladeus - 10-14-2003, 02:44 AM

[No subject] - by zubair - 10-14-2003, 04:40 AM

[No subject] - by jbladeus - 10-15-2003, 12:06 AM

[No subject] - by sohaib - 10-26-2003, 10:06 AM

[No subject] - by sumaaan - 10-26-2003, 11:28 PM

[No subject] - by sheriffkhan - 12-14-2003, 12:59 PM

[No subject] - by wazeeri - 08-28-2006, 08:55 AM

[No subject] - by KiranFatima - 10-14-2006, 05:22 PM