Tag: Riba

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    Sharia-compliant financing includes home mortgages and other financial tools, such as Islamic mutual funds, that have done well because they tended not to invest in now-collapsing financial institutions. More

    April 10, 2009 | Comments

  • What is the history of shariah financing, how does it compare to other traditions’ attitudes toward finance, and how does it work in the modern world? Watch more of Lucky Severson’s interview with international business professor Ibrahim Warde of the Tufts Fletcher School of Law and Diplomacy. More

    April 10, 2009 | Comments

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    Some devout Muslims believe the Koran forbids them from paying any interest. So when preparing to make a large purchase such as a house, they seek out not a lender, but a partner. Although not common, some financial institutions exist that allow customers to finance purchases in a way compliant with shariah law. More

    February 8, 2002 | Comments