Islamic apologists keep telling us that the religion of Islam is a kind, tolerante and peaceful religion. Every time a woman is stoned or someone is beheaded or a homicide bomber blows up a bus or restaurant filled with innocent people, we are told that it is the work of Islamic fanatics and that true followers of Islam do not agree with these things.
How to Raise the Muslim World from Poverty?
In the times of yesteryear when Prophet Muhammad banded together the followers of Islam into a single economic and political group people associated their livelihoods with their tribe. Purchasing, selling, earning money was predominately transacted through the ideology that the tribe must thrive and dominate. As Islam became more important it was evident that it superceded any consideration to the needs of other entities. Islam became the new standard of economic activity. As the borders of the Muslim world increased so did its economic strength. Eventually it was the most powerful entity on the Earth.
Mortgages And Loans. Islamic Finance Avoids Interest.
Two million Muslims in the UK face an ethical dilemma if they want a mortgage or a loan. Conventional mortgages and loans all require the payment of interest and riba as interest is called under Islamic law, is forbidden by the Koran.
British financial institutions are increasingly catering for Muslims’ specialist needs through a number of alternative arrangements that respects the teachings of the Koran. Here are just two of them:
Ijara with diminishing Musharaka t…
THE INDIA DOSSIER: The next Iran?
Worried about Iran? Well, as shocking as it may sound, you may be talking about India in the same breath within two short years. The world’s largest electoral process will enable a conglomerate of 21st century fascist to take control of the Indian parliament, if the existing government persists with its fatally flawed anti-terrorist policy.