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This topic has become one of urgency for Muslims because of the Qur'anic injunctions concerning certain financial transactions. We must understand these injunctions and how they apply to the system in which live. As Muslims, what are our choices that will enable us to live a riba-free life? Living in the West this may seem like an impossibility but there are options. The speaker looks at this matter in-depth and discusses alternative forms of financing such as leasing and installment sales. This session is followed by an extensive question and answer period.

"Most of those things that in the English language we choose to call interest are in fact riba."
"Riba exists when what we essentially are paying for is the passage of time."

Economic Challenges For Muslims

 


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