What is Islam - eBook
Tuesday, 29 October 2019 05:35
Can Muslims Live in the Modern World without Participating in Interest?
Q: My question pertains to interest which I know is forbidden in Islam and is seen as a great sin. However, in the modern world, through mortgages, insurances, etc., it seems virtually impossible to avoid riba/interest. I have looked into Islamic banking in the UK but I see it to be an awful alternative as it still essentially charges riba but with some clever play on words. So, my question is. “How do you live in the modern world without participating in interest as I am struggling to see alternatives?”