What is Islamic Loan or Halal Loan? Types of Loans & Duties of Debtor & Creditor in Islam - AIMS UK
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- Опубліковано 17 жов 2024
- 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.
Free Lecture on Shariah Compliant Financing and for more Lectures: aims.education...
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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
This video is not explaining what actually happens.
This is only shria teaching about loans and not current banking system.
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.
If I want to study in Islamic studies, can I get loan? Can I pay slowly after taking the loan?
Who are the names of the institution lectures
Alhamdulillah
plz help me