Business, Interest & Islamic Finance - Dr Israr Ahmad

This lecture explores the Islamic perspective on business transactions, interest (riba), and commercial finance. It clarifies that all forms of interest, whether traditional or disguised as commercial profit, are prohibited in Islam, aligning with Quranic teachings. The speaker emphasizes that acceptance of Allah, Muhammad as His messenger, and the Quran as divine guidance is fundamental before engaging in intellectual debate on such matters. The discussion highlights that obedience to divine commands supersedes mere understanding, and that true faith necessitates unconditional acceptance of Allah’s rulings on permissible and prohibited transactions. The lecture also addresses the historical context of both commercial and personal loans (yusri) prevalent during the time of Prophet Muhammad (peace be upon him).

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