What is Islamic Loan or Halal Loan? Types of Loans & Duties of Debtor & Creditor in Islam - AIMS UK

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  • Опубліковано 8 бер 2020
  • A Shariah complaint loan or Islamic loan is a type of loan that is in compliance with Islamic law or Shariah. Islamic loans are the most ethical way of borrowing and lending money. With a Shariah complaint loan, the borrower does not have to pay interest on the money they borrow. Instead, they only have to pay back the principal amount of the loan. This makes Shariah complaint loans a more attractive option for many Muslims, as it is seen as a fairer and more just way of borrowing and lending money. This lecture explains the types of loans, and what are the duties of debtor and creditor.
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КОМЕНТАРІ • 9

  • @888jucu
    @888jucu 4 роки тому +14

    This video shows nothing about how the loan is paid back and how the bank makes money (which they do). In this regard this video was absolutely useless

    • @raynorroberts3535
      @raynorroberts3535 3 роки тому

      This video is not explaining what actually happens.

    • @ahmadisrar9446
      @ahmadisrar9446 2 роки тому

      This is only shria teaching about loans and not current banking system.

    • @AJ-iu6nw
      @AJ-iu6nw Рік тому

      in many cases, collateral "assets" are human beings. Usually of tender age. This is the sad truth of the Islamic culture --> interest is not in the form of more monetary assets, but in human assets.
      I think you can understand what I am speaking of.

  • @subeermsj298
    @subeermsj298 2 роки тому

    Alhamdulillah

  • @dilrubaakhter2608
    @dilrubaakhter2608 2 роки тому

    If I want to study in Islamic studies, can I get loan? Can I pay slowly after taking the loan?

  • @nkodoanalorraine4598
    @nkodoanalorraine4598 Рік тому

    Who are the names of the institution lectures

  • @hasratusmani9969
    @hasratusmani9969 2 роки тому

    plz help me