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, who is writhing on the hot bed of exploitation, inequality and injustice. Islam promises to rid the society of economic exploitation and injustice; for it is the complete system, which encompasses every aspect of man’s life fully and perfectly.
The writings of Mr. Zubairi in a book form with the hope that professionals, teachers, and students of Islamic Finance in general and Islamic Banking in particular will find it highly informative and useful for restructuring the society on healthy grounds.
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