Interest Or Al-Riba
Pakistan & Gulf Economist 2011, May 15, 30, 18 - 19
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Publisher Description
Byline: DR. S.M. ALAM The literal meaning of Al-Riba as it is used in the Arabic language means an excess or increase or addition to or an increase of a thing over and above its original size and amount. In the Islamic terminology, interest means effortless profit or that profit which comes free from compensation or that extra earning obtained that is free of exchange.
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