Muslim Library

Interest and Its Role in Economy and Life

  • Interest and Its Role in Economy and Life

    An article explains why the Muslims abide by the prohibition of usury while the Jewish and Christian secularists are calling to to affirm it. A glimpse at some texts from the Quran and the Sunnah which severely warn against the taking of interest. Interest and Usury in the Bible (Judaism and Christianity) and according to early thinkers. An article explains how something so despised such as interest could be justified and even institutionalized as a standard. The various ways in which thinkers in the past have tried to conjure explanations for the existence of interest. The various ways in which interest has harmed society. The devastating ills of interest on an international level. An Islamic solution to the interest model, and how economy can still thrive without interest.

    Publisher: A website Islam Religion www.islamreligion.com

    Source: http://www.islamhouse.com/p/190075

    Download:

Facebook Twitter Google+ Pinterest Reddit StumbleUpon Linkedin Tumblr Google Bookmarks Email

Random books

  • Muhammad (pbuh), the Finest Man Who Ever Lived

    Almost everyone on the earth today is discussing Prophet Muhammad, peace be upon him. People want to know, “Who was he exactly?” “What did he teach?” “Why was he loved so much by some and hated so much by others?” “Did he live up to his claims?” “Was he a holy man? “Was he a prophet of God?” “What is the truth about this man – Muhammad?” How can we discover the truth and be totally honest in our judgment? We will begin with the very simple historical evidences, facts as narrated by thousands of people, many of whom knew him personally.

    Reveiwers: Muhammad AbdulRaoof

    Publisher: http://www.islamweb.net - Islam Web Website

    Source: http://www.islamhouse.com/p/341112

    Download:

  • The Best Provision to the Day of Judgment

    A book contains sunnahs (recommended acts) scattered in a lot of books. It’s divided into two main sections. The first is concerned with good deeds that have specified rewards whose benefits are restricted to whoever performs them only. Examples of such good deeds are: praying sunnahs and performing ‘umrah. The second section is devoted to the deeds with unspecified benefits, i.e. the good deeds whose benefits reach others like the family, the neighbor or even the community in large. These benefits are achieved in this life as well as the Last Day. Giving charity and useful knowledge are examples of this group of good deeds.

    Translators: Ayat Fawwaz Ar-Rayyes

    Source: http://www.islamhouse.com/p/249745

    Download:

  • WHY DO WE PRAY?

    Why does Man need to Pray?. After a long and hectic day at work, how difficult it is for a tired person to stand on the prayer-mat and concentrate on his prayers to Allah Almighty. Snuggled in a warm and cozy bed, how difficult it is to get up at the call of Mu’adhdhin: “Come to prayer, come to success.” The famous doctor and philosopher Ibn Sina (Avicenna), recalls such a moment in his life. Once cold and icy night, he and his slave were resting in an inn in a remote part of Khurasan. During the night he felt thirsty and shouted out to his slave to get him some water. The salve had no desire to leave his warm bed, so he pretended not to hear Avicenna’s call. But finally after repeated calls he reluctantly got up and went to fetch the water. A little while later, the melodious sound of the Adhan filled the air. Avicenna began to think about the person calling the believers to prayer.

    Reveiwers: Muhammad AbdulRaoof

    Publisher: http://www.dar-alsalam.com - Darussalam Publications Website

    Source: http://www.islamhouse.com/p/316351

    Download:

  • Ash-Shafi’i's Risala: Treatise on the Foundations of Islamic Jurisprudence

    Imam Shafi on On Legal Knowledge Read Classical – Excerpt Written in the second Islamic century by al-Imam al-Shafi’i (d. 204AH/820AD), the founder of one of the four Sunni schools of law. This important work gives the fundamental principles of Islamic jurisprudence and its influence continues to the present day. During the early years of the spread of Islam, the exponents of Islamic legal doctrine were faced with the problems raised by ruling and administering a diverse and rapidly growing empire. In Medina and Kufa, as well as other cities of early Muslim rule, schools of law had to be developed, but it took the genius of Muhammad b. Idris al-Shafi’i, born in the year 150AH/767AD, to establish the principles by which the various legal doctrines could be synthesised into a coherent system. In the Risala, which laid down the basis for such a synthesis, al-Shafi’i established the overriding authority, next only to the Qur’an, of the Sunnah or example of the Prophet Muhammad as transmitted in the traditions.

    Reveiwers: Muhammad AbdulRaoof

    Source: http://www.islamhouse.com/p/344944

    Download:

  • Strengthening of the Faith

    The author refers to the Quranic verses and Ahadith by interpreting them in a very simple and comprehensible style, and also brings to light the true status of all the unlawful customs and rituals which are commonly practiced in the society and are detrimental to the faith of Tauhid. Tauhid (Oneness of Allah) is the basis of the Islamic religion.

    Publisher: http://www.dar-alsalam.com - Darussalam Publications Website

    Source: http://www.islamhouse.com/p/51908

    Download:

Select language

Select surah