| From Regionaltimes.com: Speakers at a forum have underlined the need for promoting awareness on Islamic banking especially amongst the business community so that we have Islamic economy guaranteeing high rate of development and prosperity in the country.
The Islam strictly prohibits Riba (interest) in any mode of transaction. Any one linked to a transaction based on interest is declared ‘Jehanami’ by the Holy Quraan whether he /she is benefited from the deal or not, they said. The forum was organized by Karachi Chamber of Commerce and Industry’s sub-committee on banking and insurance here at the Chamber on Tuesday..............................................Full Article: Source
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