Sood Ki Mumlikat - The Realm of Interest - Dr Israr Ahmad

Dr. Israr Ahmad explains that interest (riba) is a declaration of war against God and His Messenger. He proposes alternatives rooted in Islamic principles like *mudarabah* and *musharakah*—profit and loss sharing—as viable solutions. He emphasizes that eliminating internal debt within a nation is achievable through a firm commitment and willingness to return principal amounts. International commitments and reliance on institutions like the IMF present challenges, requiring a government with strong public support and a willingness to make sacrifices. He highlights that a significant portion of the national budget is consumed by internal interest payments, resources that could be redirected for societal benefit. He cites Quranic verses advocating for leniency towards debtors and forgiveness as superior to strict enforcement. He asserts that a decisive commitment, coupled with divine assistance, is crucial for overcoming these challenges and establishing an interest-free economy.

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