i wana know about the islamic beliefs and economic behaviour like consumer behaviour and producer behaviour.
2006-11-06 18:36:06 · 3 answers · asked by nice_faizaa 1 in Society & Culture ➔ Religion & Spirituality
Prophet Muhammad (pbuh) condemned extravagance and greediness in any form. It is wrong to be wasteful.
2006-11-06 18:53:12 · answer #1 · answered by Mawarda 3 · 0⤊ 3⤋
Islam banks say "no interest" but inflate the debt according to relative worth. Translation: interest
It's just one more clever way to lie and compete with other banks.
Banks do it all the time. They offer a lower interest rate, or "no interest", but once you have taken a loan from them, you WILL abide by their terms. Rich people don't give their money unless they think it helps THEM somehow. That's why Jesus scorned the rich.
2006-11-06 18:39:57 · answer #2 · answered by Anonymous · 1⤊ 0⤋
islam is the best ...www.islamway.com
2006-11-06 18:50:32 · answer #3 · answered by Anonymous · 0⤊ 3⤋