Question & Answer
What do u mean by principal of Islam? The money we save in bank they use that money for business and they give us profit .


بسم الله الرحمن الرحيم

We begin with Allah’s blessed name, we praise him and we glorify him, seek his forgiveness and ask him to guide us. Whoever Allah guides, None can lead astray and whoever he misguides, None can guide. There is no power and no strength except from Allah, The most high, the Most great, the most powerful. We bear witness that there is no one worthy of worship but Allah Alone, and we bear witness that Prophet Muhammad (pbuh) is His slave-servant and the seal of His Messengers. We pray for peace and blessings on all the noble messengers and in particular on the last of them all “the blessed prophet Mohammad (pbuh)”

The dictionary meaning of the word “principle” means “fundamental truth, code of conduct”, so the fundamental truth of Islam is that it is the only religion accepted in the sight of Allah, it is the complete way of life, it is the religion of peace, mercy and the blessing. In Islam there is no one worthy of worship except Allah and the prophet Mohammad (pbuh) is the last and the final messenger of Allah.

The conventional banks work on the concept of interest, they give out money (loan) on the interest. The one who saves ones money in the bank gets interest on that money. There is no other trade for the conventional banks but interest (Ribah). However, if one saves ones money in the Islamic bank then there is absolutely no harm. And Allah alone knows the best.

I ask Allah to make this a sincere effort, seeking his pleasure, and I ask him to grant us refuge in him from the evils within ourselves, and that in our deeds. I ask him to grant us success in achieving whatever pleases him; And May Allah Shower His blessings and mercy upon our beloved Prophet Muhammad (pbuh), his family and his Companions and on all those who follow him until the final hour.

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Category:Riba (interest)

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