Status Updates From The text of the historic ju...
The text of the historic judgement on riba (interest) by
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Najihah
is on page 11 of 160
The main issues to be resolved:
1. Whether or not the commercial interest of the modern financial system falls within the definition of riba prohibited by the Qur'an; and if it does, whether it can be allowed on the basis of necessity;
2. Whether modern financial transactions can be designed w/out interest, and whether the proposed alternatives are feasible within the framework of contemporary commerce and finance.
— Nov 19, 2025 05:20PM
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1. Whether or not the commercial interest of the modern financial system falls within the definition of riba prohibited by the Qur'an; and if it does, whether it can be allowed on the basis of necessity;
2. Whether modern financial transactions can be designed w/out interest, and whether the proposed alternatives are feasible within the framework of contemporary commerce and finance.
