Showing all 13 books
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, ...
Islam and social Ethics’ by S.M.A. Rauf is a valuable addition to the Islamic literature on “ethics”. Islam seeks comprehensive reform in all aspects of human life, hence it addresses the individual, the society and the state; which constitute the three focal points of human existence. Obviously “the individual” is the most fundamental of them. A healthy society is built when individuals are able to cultivate a healthy personality ...