Adil Hussain

The Islamic Golden Age saw the Muslim civilization flourish with significant advancements made in areas such as science and the arts. This was all underpinned by Islamic economic ideals, which didn’t allow the use of riba. Riba (interest) is strictly forbidden in Islam and has many evils. Fast forward to the present, where Muslims are no longer economic powers, and riba has corrupted modern society.

Lending at interest has become widespread, and even our economies revolve around manipulating interest rates to try and control inflation. This is why it’s major news whenever central banks such as the US Federal Reserve, Bank of England, and the Bank of Canada announce changes to their interest rates.

To reclaim our economic sovereignty, Muslims must again lead the fight against riba. This article will look deeper into the problems with interest and make recommendations on what you can do to avoid and combat it.

You can read the full article on Zoya here.