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Setting up Islamic banks from Interest Money

 
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Setting up Islamic banks from Interest Money
Pracs
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#6
11-12-2004, 08:12 PM
If we look it at this way,. in today's world would any kind of capital be'halal'all together and not infested with interest somehow ? Going by the same line of thought, every thing the TCP (Trade coeporation of Pakistan) procures for the nation (e.g seeds, wheat etc.) is ínterest infested, since the Govt. of Pakistan pays interest to local as well as international lenders, the Govt. of Pakistan throught the coffers of the 'State Bank of Pakistan' is also a lender and thereby earns interest !



"Allah does not change the state of people unless they change what is within themselves" Quran 1311
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Setting up Islamic banks from Interest Money - by Pracs - 11-11-2004, 04:55 PM
[No subject] - by smraza - 11-11-2004, 05:39 PM
[No subject] - by Pracs - 11-12-2004, 02:33 AM
[No subject] - by Sarfaraz - 11-12-2004, 06:52 AM
[No subject] - by smraza - 11-12-2004, 02:23 PM
[No subject] - by Pracs - 11-12-2004, 08:12 PM

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