Islam 
THE WISDOM OF PROHIBITION OF INTEREST(1)
Like many other evils, the practice of charging a fixed positive return to loan capital has survived strictures from all world religions and condemnation by all moral philosophers. In the earlier days the role of capital in the economy was much less important than it is today. Humanity has much more to suffer because of making interest the linchpin of its financial system in a globalized world using huge quantities of capital…
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Light in the Prevailing Darkness
Those who follow the Messenger, the unlettered Prophet, whom They find mentioned In their own (scriptures),- In the Torah and the Gospel;- for He commands them what is just and forbids them what is evil; He allows them As lawful what is good (and pure) and prohibits them from what is bad (and impure); He releases them from their heavy burdens and from the yokes that are upon them. So it is those who believe In him, honour him, help him, and follow the light which is sent down with him,- it is They who will prosper.” (The Holy Qur’an: 7: 157)…Read more
Banking on Islamic Finance
The recent global financial crisis has opened a debate over the loopholes in conventional banking system. Many scholars and finance experts are of the view that Islamic banking is an alternative to the conventional banking system, which is foolproof enough to restrict any other financial crisis in the future…
Wish you all the joys and wonders of Eid-ul-Fitr
On the Holy Occasion of Eid-ul-Fitr, Here’s wishing that may the blessings of Allah light up your way and lead you to eternal happiness, success and peace! Muslim India wishes it’s readers a Happy Eid-ul-Fitr!