This week, CNN and Money magazine ran an article focusing on the role of faith in the personal finances of certain families.
In the article which they published which deals with a Muslim family, we have discovered a whole slew of questions with regard to matters outside of personal finance which, not surprisingly, the lapdogs at CNN and Money totally overlooked, or perhaps ignored.
The article is about the Saroya family from Pakistan who have settled in Minneapolis and starts off with Kashif Saroya facing a dilemma since the Qu’ran forbids “paying or receiving riba, usually understood as interest.”
This is an interesting point (no pun intended) because there are actually Muslim scholars who dispute this very point. They claim that the prohibition of riba actually refers to usury and not all interest. It has only been since the rise of Jihadists and the promotion of Shariah that this prohibition has been interpreted widely as forbidding all interest.
So, right from the start, the article errs, or at least ignores the fact that there is indeed controversy over this fundamental matter. Once again, our media lapdogs have neglected to conduct proper research and demonstrate a lack of curiosity. Read more ...
In the article which they published which deals with a Muslim family, we have discovered a whole slew of questions with regard to matters outside of personal finance which, not surprisingly, the lapdogs at CNN and Money totally overlooked, or perhaps ignored.
The article is about the Saroya family from Pakistan who have settled in Minneapolis and starts off with Kashif Saroya facing a dilemma since the Qu’ran forbids “paying or receiving riba, usually understood as interest.”
This is an interesting point (no pun intended) because there are actually Muslim scholars who dispute this very point. They claim that the prohibition of riba actually refers to usury and not all interest. It has only been since the rise of Jihadists and the promotion of Shariah that this prohibition has been interpreted widely as forbidding all interest.
So, right from the start, the article errs, or at least ignores the fact that there is indeed controversy over this fundamental matter. Once again, our media lapdogs have neglected to conduct proper research and demonstrate a lack of curiosity. Read more ...
Source: Shariah Finance Watch
H/T: Christopher Holton
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