Re: Fw: Fwd: Fatwa on Bank Interest

2 views
Skip to first unread message

Am Malik

unread,
Jul 23, 2014, 11:38:57 AM7/23/14
to Farooq Dawood, ArabTimes...@yahoogroups.com, BalochistanTi...@yahoogroups.com, dail...@yahoo.com, dail...@pes.comsats.net.pk, daily...@yahoo.com, dail...@yahoo.com, daily...@yahoo.com, daily...@max.com.pk, dailyspe...@yahoo.com, dr-mauric...@googlegroups.com, drajma...@yahoo.com, drmaha...@yahoo.com, econom...@hotmail.com, ecopo...@lists.efn.org, edi...@dawn.com, ehsanq...@hotmail.com, ejaz_...@yahoo.com, ejaz_...@yahoo.com, ejaz...@yahoo.com, em...@karachirelief.org, em...@uiuc.edu, emba_at...@googlegroups.com, emba_at...@googlesgroup.com, emer...@lists.hcs.harvard.edu, englishd...@googlegroups.com, eugener...@washpost.com, eujour...@email.com, executi...@yahoo.ca, Executi...@yahoo.com, f...@googlegroups.com, fabd...@isdb.org, fadi...@yahoo.com, faeza_...@hotmail.com, fahe...@hotmail.com, fahim_c...@yahoogroups.com, faisa...@yahoo.com, faisalan...@gmaail.com, farahso...@hotmail.com, farhee...@newsonetv.tv, faro...@hotmail.com, faruque...@yahoo.com, fatima.sa...@googlemail.com, firas...@yahoo.com, fp...@webnet.com.pk, freedom...@aol.com, gafo...@yahoo.com, geoshoa...@hotmail.com, hak...@yahoo.com, hasans...@googlegroups.com, hassan...@hotmail.com, hassan...@hotmail.com, help...@yahoogroups.com, ho...@topica.com, hr-ac...@lists.best.com, hr-...@lists.best.com, hr....@secp.gov.pk, hr.recr...@kesc.com.pk, hr_pa...@colpal.com, hri...@lists.best.com, ibra...@yahoo.com, igna...@washpost.com, ihtas...@hotmail.com, imran_s...@pall.com, in...@boell.de, in...@opinionmaker.org, in...@privatisation.gov.pk, irfan...@tmi.co.pkm, irfa...@hotmail.com, IslamabadAffai...@yahoogroups.com, jamaat_isla...@egroups.com, Jamiat_Ulem...@yahoogroups.com, jami...@yahoo.com, Eknazar, Irving Muslim, <iftikhar.qaisar@geo.tv>, <islamabadtonight@ajj.tv>, <jaferqureshi@gmail.com>, abdul.nasir muhammed, Admiral Irfan - Ahmed, ahmed peerzada, Al - Hayat News Paper, albalagh, Alex James, ALEX JAMES JAMES, ali imran, alma...@arabnews.com, Arif Khan, Asghar Ali, Asif Ikram Malik, Asrar Niaz, baderud...@yahoo.ca, Baqa Muhammad Aseem, Bashir Syed, Brian Cloughley, Cdr Salman Ali PRO PN Karachi, Clarke, Emma, Col. Aleem Afridi, Col. Bakhtiar Hakeem, Commodore Tariq Majeed, daily...@bbc.co.uk, Dr Alvi, Dr Alvi1, Dr Alvi2, Dr Ghayyur Ayub, Dr Hafeez Khan Ortho Shifa, Dr Ikram Kashif, Dr. Babur Zahiruddin, Dr.Iqbal Zafar, drsh...@bellsouth.net, drshabir...@gmail.com, dtaff...@yahoo.com, duncan bright, Dunya TV, EAJAZZ ARY AHMAD, eajjaaz ary ahamad, earne...@hotmail.com, ehsan...@aku.edu, Ejaz Akram, ejaz...@gmail.com, Emmad Ahmed Hameed, ESPN, Ethad_e_Islami group, Ethel Solano, Export-Space Ships Intl, Express Tribune, f, f f, F.W...@yahoo.com, Fahad Chaudhary, Faheem Ataullah Jan, Faheem Iqbal Khan, Faheem Paracha, Fahim Babur Khan, Faisal Ghouse, Faisal Khan, Faisal Malik, Faisal Malik, Faisal Sattar, FAISAL SHAIKH, faisal_f...@yahoo.com, faisal...@ankahi.tv, Faiz Ibrahim, Faiz Paracha, Faiz Paracha, faiz ullah, Faiza Ahsan, Faiza Khan, Faizan Ahmed Usman, Faizan Ahmed Usmani, Faizan Rauf, falcon...@yahoogroups.com, farah malik, Farahnaz Isphani Farahnaz Isphani, Faraz Haider, Farhan Iqbal, Farhat fatima, Farhatullah khan Baber, Farida Jafri, far...@gmail.com, Farooq Iqbal, Farooq Malik, Farrukh Abbas, farrukh baig, Farzana Bari, feed...@geo.tv, fm 103, fmun...@gmail.com, food...@quartermainesworld.com, freelan...@yahoo.com, G M Khan, G. H. Choudhry, gabid...@yahoo.com, Gen Hamid Gul, Gen.Hidayat Niazi, geoj...@gmail.com, ghulam.m...@expressnews.tv, ghu...@hotmail.com, Gi...@usa.redcross.org, guzni...@gmail.com, Habib Jan PPP, habibyo...@gmail.com, hallia...@yahoo.com, hamad_yaseen20@yahoo.com'haroonrashidtoor@live.com' <haroonrashidtoor@live.com>,'imran.emedia@gmail.com'<imran.emedia@gmail.com>,'imrannaeem@gmail.com' <imrannaeem@gmail.com>,'isahmad@illinois.edu' <isahmad@illinois.edu>,'ishfaq@journalist.com' <ishfaq@journalist.com>,'james_cyprian@journalist.com' <james_cyprian@journalist.com>,'javed74_19@yahoo.com' <javed74_19@yahoo.com>,'javeria.malik@actionaid.org' <javeria.malik@actionaid.org>,'jawad@usa.com' <jawad@usa.com>,'journalist73@hotmail.com' <journalist73@hotmail.com>,'kashifuddin@live.com' <kashifuddin@live.com>,'kpaulson@saudigazette.com.sa' <kpaulson@saudigazette.com.sa>,'mairafaisal.khan@gmail.com' <mairafaisal.khan@gmail.com>,'mansoorbasrar@yahoo.co.uk' <mansoorbasrar@yahoo.co.uk>,'maqboolpk@hotmail.com' <maqboolpk@, Hamid Mir, hamid zaffar, hamzaf...@gmail.com, haroonra...@live.com, HK...@hotmail.com, hr pakistan, huma butt, hussainfa...@hotmail.com, hussa...@gmail.com, iba_b...@yahoo.com, Ibrahim Ali, ibrahim...@gmail.com, Iftekhar Hai, Iftekhar Hai, Ifty Hussain, Ikram Sehgal, impact...@gmail.com, Imran Khan, Imran Qureshi, imroz karachi, Imtiaz Ali, Imtiaz Gul, Inam Jafri, Inam-ul-haq Brig, info.one...@googlemail.com, in...@asmasociety.org, Informed Comment, intellect...@gmail.com, Iqbal Mangrani, iqbal sandhu, iqbal_...@yahoo.com, Irfan Afzal, Irfan Naqvi, Irshad Ahmad Arif, ishrat...@unic.org, ISHTIAQ AHMAD, isla...@msn.com, Islamaba...@yahoogroups.com, IslamOp...@yahoogroups.com, Israr Kasana, Newyork, Nation Correspondent, izl...@yahoogroups.com, Jaffar Ali Zaidi, ja...@rifiela.com, james_...@journalist.com, jamil_jo...@hotmail.com, jamilbh...@gmail.com, Javaid Hasan, javaid...@yahoo.com, Javed Chaudry, Javed Chaudry Columnist, lucky Rizwan, mr a qureshi, Mr Faisal Anwar Malik, Mr Imran Mahmood, Mr Jahangir Ansari, Mr. H. N Akhtar, Mrs. F. Bokhari, Naeem Ahmed, Nawaiwaqt Lahore, portugheis alberto, Student the Quran, The Express Tribune, The Terrorland, 滕光胜
First pl provide true defination of Riba?
What is it and how was it implemented during the Holy Prophet's time? Again there existed  money lenders who would loan to the people on a predetermined interest- same way as bank loan out on a fixed %age of interest. So what is the difference?
Banks Gauranttee fixed profit but do not specify losses. that is the profit is fixed. This is not the way of business where loss also takes place. So who would reply to this?
am


On 22 July 2014 19:56, Farooq Dawood <dawood...@yahoo.com> wrote:

Reply all
Reply to author
Forward
0 new messages