ADV: WHY INVESTMENT IS ENCOURAGED IN ISLAM?
Published: Wed, 09/04/13
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In the name of Allah the most merciful and kind. Blessings be to the Prophet Muhammad saw, his family and companions. “In order that it does not merely make a circuit amongst the wealthy” [Quran Al-Hashr 59: 7] The Islamic system provides a compelling investment model, and there is no basis to suggest that the Islamic economic system does not promote investment. The truth is that Islam encourages business and in-vestment, but does not encourage interest based investments which ultimately restricts the flow of wealth around the economy. Allah (swt) distinguished between this when He said: " ..they say, “trade is like usury” but Allah has permitted trade and has forbidden usury" [Al Baqarah: 275]
Let's listen to Ustaz Syakir Pasuni about this topic. DetailsWHY INVESTMENT IS ENCOURAGED IN ISLAM?Date: Thursday, 19th September 2013 |
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