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Discussion Board in English The Objectives of the Prohibition of Riba By: Elhadi Habbani
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The Objectives of the Prohibition of Riba By: Elhadi Habbani

01-12-2014, 12:41 PM
الهادي هباني
<aالهادي هباني
Registered: 06-17-2008
Total Posts: 2807





Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani (Re: الهادي هباني)

    Redirecting all resources from unproductive to productive activities:

    By disallowing debts trade and exchange and affirming realism through the prohibition of Riba we can re-channel the totally huge economical resources misspend in unreal activities to a real production and encourage exchanging products and services which, in turn, foster trade and exchange among society and revive the circular flow of income in the whole economy.

    Preventing debt discounting or rescheduling for profit:

    Although in Islamic finance discounting for early settlement of debts is allowed provided that it is not part of the contract and be only as incentive from creditor to debtor to take place only after full early settlement, the prohibition of Riba in Islam is aiming to protect the society from the bad consequences of trading and rescheduling debts for profit. Because these are non-productive activities as they only transfer wealth from one person to another.
                  

Arabic Forum

Title Author Date
The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني12-13-13, 08:45 PM
  Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني12-13-13, 08:51 PM
    Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني12-13-13, 08:53 PM
      Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني12-16-13, 12:01 PM
        Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني12-19-13, 06:52 PM
          Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني12-19-13, 07:01 PM
            Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني12-19-13, 07:05 PM
              Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني12-19-13, 07:20 PM
                Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني12-19-13, 07:27 PM
                  Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني12-19-13, 07:28 PM
                  Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني12-19-13, 07:28 PM
                    Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني12-22-13, 05:45 AM
                      Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني12-23-13, 07:57 PM
                        Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني12-26-13, 04:48 AM
                          Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني12-26-13, 04:52 AM
                            Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني01-02-14, 08:18 PM
                              Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني01-02-14, 08:19 PM
                                Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani إبراهيم عبد العزيز عثمان01-03-14, 04:41 AM
                                  Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني01-12-14, 12:28 PM
                                  Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني01-12-14, 12:29 PM
                                    Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني01-12-14, 12:33 PM
                                      Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني01-12-14, 12:41 PM
                                        Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني01-18-14, 10:50 AM
                                          Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني01-22-14, 11:24 AM
                                            Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني01-25-14, 06:12 PM
                                              Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني01-25-14, 06:14 PM
                                                Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني01-25-14, 06:16 PM
                                                  Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني01-25-14, 06:18 PM
                                                    Re: The Objectives of the Prohibition of Riba By: Elhadi Habbani الهادي هباني01-25-14, 06:19 PM

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