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Islamic Banking
> Rule of Permissibility
Islamic Banking
The Islamic Financial System
What is Islamic Banking?
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Rules of Permissibility
Prohibition of Interest
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Rules of Permissibility
Muslims believe that all things have been provided by God, and the benefits derived from them, are essentially for man’s use, and so are permissible except what is expressly prohibited in The Qur’an or Hadith. When guidance is not clearly given in he Qur’an there are several other sources of law. For example, guidance can be sought from Fiqh, which means ‘understanding’ and is the science of jurisprudence: the science of human intelligence, debate and discussion
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Prohitbition of Interest
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