Islamic Finance
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The evils emanating from the capitalist economy or the private ownership, having unbridled power to make the economic decision, causes the imbalances in the society. It can be curbed by the humanity, submitting the divine authority and obey Allah’s Commands and guidance, as laid down in the Holy Qur’an and Ahadeeth. Islam has put certain restrictions on the economic activities. Following these guidelines, an ideal Islamic Society can be produced.
This Book by Mufti Muhammad Taqi Usmani, explains in detail all the aspects related to Islamic Finance.
Author:
Mufti Taqi Usmani
Editor:
Matab'ah Maarif
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The Islamic Perspective Of Loans
In this book, one of the major acts in which people are generally involved has been clarified in the light of the Quran and hadith. This is the issue of the loans. A loan is taken when one is desperate and it is not an evil act to do so. However, to take a loan and not to pay it or to delay and procrastinate in paying the lender is a very evil character trait and a major sin.
