The Supreme Court of Pakistan, in determining the applications and implications of the term “Riba” asked for assistance of religious scholars and other interested people of the country. For this purpose, answers to ten questions were sought. The sixth among these questions was: It is evident that the value of the paper-currency has a trend […]
Mr. Jochen Katz’ Comment on the Explanation of the Law of Inheritance Posted on his Website
Mr Jochen Katz has given links to Muslim responses to his criticism on the law of inheritance of the Qur’an, on the same page on which his criticism can be seen. Below these links, Mr. Katz has given a general comment for all these Muslim responses, which, incidentally, include my response to his criticism as […]
The Implication of Narratives Ascribed to the Prophet (pbuh) Regarding Bequest…
Note: This article was basically written in reply to some comments/criticisms that I received from a brother, on my article: “Understanding the Law of Inheritance of the Qur’an“. It may kindly be noted that in contrast to the general writings on this web site, this article is of a comparatively technical nature and knowledge of […]
“Riba” in Relation to Loans from Muslims and/or Non-Muslims and the Issue of Payment of “Riba”
The Supreme Court of Pakistan, in determining the applications and implications of the term “Riba” asked for assistance of religious scholars and other interested people of the country. For this purpose, answers to ten questions were sought. The fourth among these questions was: Is there any difference between a Muslim and a non-Muslim in the […]
Does the Prohibition of Riba Apply Only to Interest on Personal Loans?
The Supreme Court of Pakistan, in determining the applications and implications of the term “Riba” asked for assistance of religious scholars and other interested people of the country. For this purpose, answers to ten questions were sought. The second among these questions was: What is the true scope of the transactions to which the bar […]
The Definition & the Connotation of the Term “Riba”
The Supreme Court of Pakistan, in determining the applications and implications of the term “Riba” asked for assistance of religious scholars and other interested people of the country. For this purpose, answers to ten questions were sought. The first among these questions was: The Holy Qur’an has prohibited ‘Riba. What is meant by this term? […]
Guaranteeing a Fixed Profit as an Alternative to Riba
The Supreme Court of Pakistan, in determining the applications and implications of the term “Riba” asked for assistance of religious scholars and other interested people of the country. For this purpose, answers to ten questions were sought. The tenth among these questions was: Whether a creditor can fix time and rate of profit while the […]
Modes of Financing Allowable in an Islamic State
The Supreme Court of Pakistan, in determining the applications and implications of the term “Riba” asked for assistance of religious scholars and other interested people of the country. For this purpose, answers to ten questions were sought. The seventh among these questions was: If all the forms of interest or mark-up are held to be […]
Payment of a Fixed Profit on Government Securities
The Supreme Court of Pakistan, in determining the applications and implications of the term “Riba” asked for assistance of religious scholars and other interested people of the country. For this purpose, answers to ten questions were sought. The fifth among these questions was: The Government of Pakistan and some institutions under its control acquire loans […]
The Arrangement of ‘Buy-back on Mark-up’
The Supreme Court of Pakistan, in determining the applications and implications of the term “Riba” asked for assistance of religious scholars and other interested people of the country. For this purpose, answers to ten questions were sought. The third among these questions was: The Pakistani banks and some financial institutions finance their clients on the […]