Muslim Economy does not Need Riba Transactions

In response, we state that Muslims benefited from the Islamic economic system for the past fourteen centuries, long before banks ever existed. During this long period of time, the projects and industr…

Allah permitted the Salam Transaction

We should add by stating that the writer gains no benefit from allowing the current types of Riba transactions by comparing them to as-Salam transactions. As-Salam type of transactions was allowed bec…

Riba is Haram Any Way You Look at it

In response to this sweeping claim, we should first state the fact that the current banking transactions are not different from the prohibited Riba transactions. Further, Allah sent Muhammad as the Fi…

Qiyas is Only Allowed Where There are no Texts in the Quran or Sunnah

Ibrahim then said that Shaikh Rasheed Ridha allowed savings accounts that gain interest. The opinion that he mentioned is an error in judgment that is based on discredited personal conclusions that cl…

What Allah Disallowed does not Benefit Mankind

Dr. Ibrahim also mentioned some general statements by ibn Qudamah, ibn Taimiyyah and ibn Al-Qayyim about allowing the practices that benefit Muslims in general, which also do not cause any harm for Mu…

Riba is not Permitted, Because Allah did not Permit it

The answer to this portion of Dr. Ibrahim's research, is that the Faqihs, i.e., the scholars who have knowledge in the religion, have considered usury `Haram (impermissible) because authentic Hadiths …

Economic Preeminence Does not Require or Depend on Riba

As for the second and third parts of Ibrahim's statement, "There can be no economic preeminence without financial institutions, and no financial institutions without Interest (Riba)", they are utterly…

Financial Institutions Can and Do Survive Without Riba

Second, Ibrahim claimed that, "A financial institution to any economy is just like the heart to the human body." Again, this is not a true statement. A financial institution can always function withou…

Some Misconceptions about Women in Islam

بعض المفاهيم الخاطئة عن المراه في الاسلام Islam gave women rights and privileges at a time when only barbaric manners and values dominated. Yet, some people argue that Islam has alienated women in som…

Are Muslim Momen Oppressed?

Among the many topics of interest to non-Muslims, the status of Muslim women and the theme of their rights - or rather, the perceived lack of them - seems to be foremost. The media's portrayal of Musl…