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Top : Society : Religion and Spirituality : Islam : Jurisprudence :
Prohibition of Interest

Websites
Explores the concept of Riba (charging of interest on a loan) by reference to the Qur'an, Hadith, and the schools of law.
http://www.inter-islam.org/Prohibitions/intrst.htm

A translation of Dr Wahbah Al-Zuhayli’s book, "Financial Transactions in Islamic Jurisprudence", by Dr Mahmoud el-Gamal, of Rice University, US. Also offers a selection of papers on Islamic Law, Economics and Finance.
http://www.ruf.rice.edu/~elgamal/files/islamic.html

Information, including Ask-A-Scholar, on banking, stocks, mutual funds, credit cards, and mortgages.
http://muslim-investor.com

An article looks at the problem of definiting "riba", by reference to the Qur'an and commentaries.
http://www.mostmerciful.com/riba.htm

An article by Dr Abdulaziz Sachedina, of the University of Virginia, US, explores the concept of riba (usury and interest), including its historical context.
http://www.people.virginia.edu/~aas/article/article7.htm

Synopsis of Mohammad Shafi J. Aga's book discussing the concept of riba and whether it equates to banking interest.
http://personal.vsnl.com/mjaga/IslamAndInterest.html

Article arguing that social justice and equality are the true essence of “Islamic economics”, not the prohibition of modern competitive interest rates, using an analysis of the Qur'an and economic theory.
http://liberalislam.net/economics.html

A non-technical presentation of the principles and advantages of finance on Islamic principles.
http://www.usc.edu/dept/MSA/economics/