Browsing All Posts published on »August 21st, 2011«

Some rules for borrowing or lending in Islam

August 21, 2011


Often, an entrepreneur has to borrow money to start a business, or an investor is lending money to someone to start a business.  While there are whole books written on the topic of Islamic finance and the multiple financial instruments available for this type of commercial transaction, the Qur’an in one ayat (Surah Baqarah, 282) […]