04-15-2007, 11:27 PM
First it to confirm MR KAMRAN ACA.....that interest is always haram and what ever ir RIBA and INTERESE "Which taken money over money"...Mr Kamran ACA(Moulvee Phobiaic Person) said that Islamic banking is also Interest based so he wants to prove that the whole SHARIIA BOARD which is supervising the Islamic banking consists of ALL Unaware people and he is the only aware person....it is to inform you MR KAMRAN ACA that Islamic banking settals are of the banking with COMODITY BASED APPROACH and .... the clear defination of RIBA is that "Money Over Money"....so as what ever be fullfilling this is tittled as RIBA suppose I submitted 100,000 in bank and bank said me that at the end of months the bank will give me 110,000 this is SOOD(RIBA,INTEREST)...and so if i say that in COMMODITY based approach it will bo be a Riba...so be carefull when posting on matters which you don't know at all or have very few knowledge regarding this....thaks you