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International Journal of Innovation and Applied Studies
ISSN: 2028-9324     CODEN: IJIABO     OCLC Number: 828807274     ZDB-ID: 2703985-7
 
 
Thursday 21 November 2024

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Interest redressals and implications: A detailed analysis


Volume 17, Issue 1, July 2016, Pages 121–128

 Interest redressals and implications: A detailed analysis

Khalida Adeeb Mazhar1

1 Govt. Degree College for Women Shah Rukne Aalum, Multan, Pakistan

Original language: English

Copyright © 2016 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract


Capitalist system has created a great distortion in different fields of life; its basic cause is interest (Sood). In our society, there are a lot of people who think that interest is an essential element for living a life. Now these days, people are forming new departments on the basis of interest and such type of schemes are something interest system. Our Islamic System is totally destroyed. We forget the real meaning of RABBWA and what is system of trading. These days; we are having different misconceptions regarding interest. For ruining all evils which are created from poverty and from interest system; there should be enhancing zakat system in a proper way and people should live their lives in guidance of Islam; one day, our society will be formed like a paradise.

Author Keywords: capitalism, interest, fields of life, Islamic system, rabbwa and zakat.


How to Cite this Article


Khalida Adeeb Mazhar, “Interest redressals and implications: A detailed analysis,” International Journal of Innovation and Applied Studies, vol. 17, no. 1, pp. 121–128, July 2016.