Displaying 1 - 10 of 43.
‘Abd al-Rahīm Abū Shāmah reports about ‘Alī Jum‘ah’s fatwá concerning Muslims investing their money in foreign banks.
The muftī of Egypt warns Muslims about depositing their money in foreign banks.
The article sheds light on Islamic banks and investment of capital companies. They have a religious appearance and a commercial nature. It also comments on the relations between Saudi Arabia and the Muslim Brotherhood.
Some Islamic bank owners threaten to bring a case over the unconstitutional practice of the fatwa of the Islamic Research Institute that permits bank interest. A Brotherhood member of parliament has criticized the fatwa stating it is religiously illegal.
Islam encourages trade between both Muslims and the non-Muslims; it refuses discrimination. It preserves the right and the money of the non-Muslims in Muslim countries.
Muhammad al-Bāz wonders whether Shaykh al-Qaradāwī really deserved the humiliation and insults that Moroccan clergy directed at him after his controversial fatwá on bank interest.
Egyptian Shaykh al-Qaradāwī pronounced a fatwá that enables Moroccans to use bank interest to obtain accommodation. The fatwá aroused the anger of Moroccan Muslim intellectuals who considered it interference in Morocco’s interior affairs.
The launch of the first Islamic banking institution in the Netherlands offering Muslims non-usurious loans.
The chairman of the board of directors of the United Bank of Egypt, Muhammad ‘Ashmāwī, has told al-Jumhūrīyah that the current millionaire’s share certificate would be adjusted to be consistent with the Islamic sharī‘a and Christian teachings.
The article focuses on the issue of banking transactions in the stock exchange amidst questions about whether this is compatible with the Islamic sharī‘ah.


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