Islam’s View on Debt and Interest

In this episode of Practical Islamic Finance, I define what Riba in Islam is using the literal Arabic meaning of the word, the Quran and Tradition of the prophet Muhammad peace be upon him. After watching this video you should have a clear understanding of Islam’s view on Debt and Interest and be able to tell whether the product you are considering involves riba or not.

2 comments

  1. Assalamualaikum bro
    I gave 0.1million to the owner of a halal business. He invested that money in that business and every month he gave money € 1000-1200. He gives more money when profit is high and less money when profit is less..Is it RIBA??

    Like

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