If every thing is interest based?

[Karachi]

Interest (Riba) as you know is one of the biggest sins in Islam. Now that said, basically every thing around us in the world today is interest based, things like credit cards, bank accounts, loans etc... basically almost every thing in the economic system. All muslims countries also follow the same system, they might have a different names for it, but I dont think there is any real Islamic banking/economic system out there right now.

So my question is, are we all going to hell? I mean if we are committing this major Sin on almost daily basis, what will be the punishment for us?

No body in the Islamic circles seem to talk about this issue

[emkhan]

Very good.
Whatever you see in Afghanistan and Pakistan is not just a war of Taliban and America.
It is a war of the two ideologies, war of civilizations, war of the economic systems, war social systems, war of cultures, war of good and bad and so many other factors are involved.
The Jews banking system have engulfed the human race into their interest based economy badly.
Yes nobody is talking about this but nobody can talk about unless you have a complete political, administrative, social, economic system of your own.
It is only some guys in Pakistan and Afghanistan who have stood against this system but our people are getting them wrong.
Their main agenda is to eliminate this whole system of kuffar which includes interest based financing, social and cultural values based on materialism and commercialism, selling of women in Ads, The secular dajjali political system which denies the God's word and many other.

[Afghanistan2010]

His real face is coming toward the light,you talk if you are non muslim,am i correct?.


wre pe wre razi inshaAllah,che day ze bala dai.

[Karachi]

Very good.
Whatever you see in Afghanistan and Pakistan is not just a war of Taliban and America.
It is a war of the two ideologies, war of civilizations, war of the economic systems, war social systems, war of cultures, war of good and bad and so many other factors are involved.
The Jews banking system have engulfed the human race into their interest based economy badly.
Yes nobody is talking about this but nobody can talk about unless you have a complete political, administrative, social, economic system of your own.
It is only some guys in Pakistan and Afghanistan who have stood against this system but our people are getting them wrong.
Their main agenda is to eliminate this whole system of kuffar which includes interest based financing, social and cultural values based on materialism and commercialism, selling of women in Ads, The secular dajjali political system which denies the God's word and many other.

what type of banking system did the Taliban follow when they were power in the 90's ?

[emkhan]

what type of banking system did the Taliban follow when they were power in the 90's ?

Lol, They had no proper infrastructure to run the system. Afghanistan was ruined when they came in power. How can we expect a proper banking system from them lol ? A proper and even new Islamic banking system needs to have an established political, administrative, economic system.

[faye]

in my evil, atheist country, where we all follow the religion of secularism, emkhan, la trobe university has a course in 'islamic banking and finance'.

[emkhan]

in my evil, atheist country, where we all follow the religion of secularism, emkhan, la trobe university has a course in 'islamic banking and finance'.

Faye you are boasting about just one course being taught at your one uni and here come to our country every university is teaching the secular banking system.

[faye]

so why are you boasting? why isn't the system widespread then?. isn't the thread about the fact that it isn't?

[Karachi]

so why are you boasting? why isn't the system widespread then?. isn't the thread about the fact that it isn't?

I was talking to a religious friend of mine and he said the main problem is that there is a lot of disagreements among muslim scholars what is a proper banking system, like for example scholars in pakistan disagree with saudi or scholars from other countries, so there is no set Islamic banking system. there are so many opinion regarding this whole subject. Also the other problem is that there was no (banking) system like in modern sense back in the days of muslim caliphs thousand years ago. So there is no previous example of how to establish a proper Islamic banking system