interest and islam

[shahzykhan]

For Mr. FarhanCPA

Well I have some simple answers for u. As u r a Muslim u must have read about the life of Prophet (PBUH). Now I wud recall one of the incidence of his life when he gathered the people of Makkah and asked “Wud u believe if I say an army of our enemy coming from behind that mountain?”. They said “Yes because we know that u never tell a lie”

The same thing goes with many of our concepts. Through Quran and other proofs of Allah’s presence we believe in Allah and in turn all that is written in the Quran. Now 90% of Islam teaching is based on logic. Being muslims we believe that our not understanding of the remaining 10% is because of our own lack of knowledge and shortsightedness. For those things we believe and follow Islam’s teachings without even appearing logical to us.

Now regarding interest, Islam has forbidden it at all, without any exceptions. My logic says that at least interest upto the rate of inflation should be halal, but as I believe firmly in Allah and Quran so I wud think that there certainly are some consequences my mind cannot foresee. Being a muslim you must believe that only Allah’s knowledge is absolute. Else u r not believing in Allah in true sense.

<b>The logic of interest being forbidden in my opinion is ‘accumulation of risk’. Suppose there are two groups in economy, Group A which provide finance and take a fixed return and Group B borrows and do business. Now Group B will have to bear not only the business risk but also the money related risk of the whole economy will fall on their shoulders. That is why there is a concept of profit sharing in Islam. There are many Islamic financial instruments I wud not go into detail.</b>

Now Mr. FarhanCPA, Islam surely doesn’t want your money go stagnant. Go for profit sharing. U have the money, find someone with the skills and participate in profit/loss on agreed proportion.

Your seem to be pretty confused about Muslims. First u said that we follow Islam blindly, then negated your own words by saying
‘if we follow everything so blindly , then why don't we let our daugthers and sisters at age 12 marry to an old guy who is 56? prophet has done it hence it is permissible’ so make up your mind and rephrase your questions.

Now about being called kafir, well u neither want to be called kafir and nor u want to follow islam and please Allah. U tell us what we should call u? “Half Muslim”? Will that be okay? By the way it doesn’t matter if people call u kafir. “What people think of u is none of your business”. The thing you should be worried about is that whether your analysis and beliefs are right or not.

And Mr. FarhanCPA who told u there is no guarantee of Jannat? Hmm? U do good deeds and die with emaan, u have guarantee of jannat. Brother you are hating something without even knowing in it. First get full knowledge and then make cnclusions.

About the segregation of muslim with nonmuslim, if u read Quran carefully it clearly states “how could a believer and non believer be equal?” U are a rational person "with brains", tell me, are both of them equal?

I don’t know what a humanitarian is, but the qualities of humanitarian you have enumerated fall well within Islam. So congratulations you are a Muslim!!! But you need to rectify some of your concepts….you have got a good logic but lack of knowledge….

Hope my reply will help….