How can we function as true Muslims living in the West and prohibiting interest (Riba) while there are many financial contracts that include such interest?
How can we function as true Muslims living in the West and prohibiting interest (Riba) while there are many financial contracts that include such interest?
Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 3 years ago
We can not prohibit others in Western society from dealing with Riba, but we as Muslims are not allowed to deal with Riba.
The meaning of Riba is to be taken from the Marja' of Taqleed and not from the people.
Despite the fact that we live in a society which deals with Riba but we should not indulge ourselves in Riba as far as we can.
Wassalam.