If Riba is haraam ?

[kakaballi]

Re: If Riba is haraam ?

@TLK

True Islamic interest free banking requires a stand alone banking system that is in no way linked with any of the world banks, cause all the world banks follow interest based banking and any ties with them would make any bank, an interest based bank.

Biggest hurdle is to put together a stand alone banking system, that is almost impossible.

@UZ

But there are lot of muslim countries they can get together and do it.

@TLK

off course they can. But they dont want to I guess

@UZ

But why? Any reason?

Like a lot of other things related to our religion, they have not yet agreed to the definition of ‘Riba’.