Suhail Zubairi
Interest (riba) is largely responsible for most of the social sufferings. The worst is that is multiples like nothing else, and the so-called civilized society calls it compound interest. It becomes the proverbial white elephant given to a poor man to ride on.It is here that Islamic Finance assumes importance as the viable alternative. Yes, to talk of Islamic Finance in a riba-ridden society is like applying a soothing balm to the wounds of a typical modern man, ...