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Accountancy Forum The Profession Accounting and Audit v
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Setting up Islamic banks from Interest Money

 
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Setting up Islamic banks from Interest Money
smraza
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#5
11-12-2004, 02:23 PM
<BLOCKQUOTE id=quote><font size=1 face="Verdana, Tahoma, Arial" id=quote>quote<hr height=1 noshade id=quote>
Meaning its not completel 'halal'...!

"Allah does not change the state of people unless they change what is within themselves" Quran 1311
<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>
I am not the mulla so i cant give fatwa on that <img src=icon_smile.gif border=0 align=middle>
But I think, later, if somebody invests in the bank, and that investment is totally halal and bank's current mode of financing is islamic, and that person gets some return on his investment, i think for that person the return got by him can be halal.... I think so...


SMR
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Messages In This Thread
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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