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Okay, so here we go evryone on here finna hate me after this bcuz ik what the sc community is like but im gnna say this anyway IN the west, we have interest. In all (almost) every. single. transaction. now, many people FAIL to understand. that in the west living without interest is PRACTICALLY IMPOSSIBLE UNLESS you wish to live as a FAQIR or sumthin and idk about u but i sure as Hell DONT if something is necessary for us to function in society then whats the issue. Like be fr. I AM AWARE that riba is usury and haram and terrible I KNOW! HOWEVER, living in the west IT IS NECESSARY AND UNAVOIDABLE and as we know in islam if something exists which we legit cannot function without due to the fact that the entire society and nation is built upon it in an unavoidable fashion. such thing is permissible, this is obvious cuz allah doesnt want us going to live as malangs (ascetics) in the streets or countryside LOL. I just simply cant fathom how some people will still say "loans are haram" or "mortgage is haram" or "working in banking deals "or"credit card with interest are haram"etc like mate use ur brain??? Just cuz YOU are for some reason okay with living so "humbly" as to not engage in ANY such thing an not move out ur moms basement or live in a 1 bed rent or a homless shelter doesnt mean everyone else has to bruv. OR just cuz u LIVE in a muslim nation DOESNT MEAN we all do live in nations without interest in every part of life. cuz buddy we LIVE IN A SOCIETY WHERE IT IS BRUV BEFORE someone says "oh u can take loans or pay interest on banking deals at work or pay interest on credit cards IF YOU DO IT with the INTENTION of not paying it back and as a transaction without return even if u do pay it back" this is frankly NONSENSE im sorry! BE HONEST BE FOR REAL MATE purposely changing ur NIYYAH to pretend ur not gonna pay it back then the banks like pay it back and ur like "oh wow i had totally not intended to but now im being forced oh no aaaaa guess i gotta pay the interest" meanwhile u knew DAMN WELL that u were gonna pay it back makes ZERO ZERO SENSE!! THINK ABOUT IT this is the equivalent of me picking up alcohol and pretendining i dont know its alcoholic drink it and say oh I DIDNT KNOW liike be fr it doesnt make any sense its simple in the west, WE HAVE TO PAY AND RECIEVE interest!!! YOU KNOW IT AND SO DO I! so stop avoiding the blatant truth buddy. i personally for any living in the west living BELIEVE TAKING A LOAN ISNT HARAM YOU NEED THEM (UNLESS ITS FOR SOMETHING DUMB LIKE IDK A LOAN FOR A SHIRT OR SMTH LOL ) CREDIT CARDS WITH INTERST ARENT HARAM because; 1) ur paying the money to the bank not one single person its an entitiy who you dont know personally at all an unknown owner malik al majhul i think is what its called 2) working in banking with interst isnt haram IN THE WEST not everywhere of course. its just a job ur gonna deal in the interest no matter what and its a way of earning money BIGGEST POINT HERE READ THE WHOLE THING DONT RAGE it is completley NORMAL and fully ACCEPTED almost compulsory to deal with interst in the WEST therefore due to its complete necessitty its not HARAM obviously living in a muslim nation for example is a diff story. so imma become a banker without ppl telling me im a kaffir for it and imma take a loan OR GET AN AMEX card to BUILD A GOOD CREDIT SCORE AND PAY FOR THINGS I CANT INSTANTLY AFFORD and build a credit score for a rainy day or to buy a nice house or car one day. If i need to take a loan for car house education investment or invest in bonds options forex etfs futures stocks crypto etc i see no problem in this. FURTHERMORE MANY MANY SCHOLARS AGREE THAT THE INTEREST WE HAVE TODAY IN THE WEST IS NOT THE RIBA / USURY THAT IS REFEREED TO IN THE QURAN / HADITH!!!! HOWEVER, if I ever move to a muslim nation insha'allah then yes its a different story WARNING: IM TALKING ABOUT IN REGARDS TO GIVING AND RECIEVING INTERST IN NON MUSLIM NATIONS WHERE IT IS NORMAL AND NOT SEEN AS USURY IM NOT SAYING ITS UNIVERSALLY OKAY I WOULD NEVER SAY SUCH THINGS! AND IM TALKING ABOUT DEALING WITH A NON MUSLIM BANK. SO LIL DISCLAIMER

Salaam all Currently, im in year 11, finna sit my GCSE's in a month Insha'Allah wish me luck and do DUA!!! However, the unis i wish to apply for after college in 2026/2027 academic year are asking for a grade 5 (uni of York) and grade 6 (uni of Nottingham)in GCSE Maths, I'm doing foundation maths so the highest i can get is a grade 5. currently im working at mid-high 4 / low 5. My query is that: If I get a grade or two below their GCSE requirement but in college i meet / exceed their National extended diploma requirement of DDD (so say I get a D*D*D* or smth insha' allah). Do I still have a good chance of getting into either of these unis? I'm planning to do Finance, accounting and management (nottingham) and finance and accounting (york) would prefer nottingham but wouldn't mind york too much either insha'allah as for college im planning to do Business and Finance L3 National Foundation/EXTENDED diploma for 2 years before uni insha'allah i need DDD for york (distinction distinction distinction) and D* D D for nottingham (Distinction star). so yeah thats my question Jazak Allah Note: for a career im trying to get into investment banking Insha'Allah, so i need to go to a prestige uni!!!

Salaam Alaikum! This is my first post here! How is everyone ??? I am writing here today just to get some advice as someone living in the UK and soon to undertake GCSE then go to college Insha'Allah what advice to anyone working in finance have for me to progres in the field? I am hoping to work in Investment Banking either in mergers and acquistions or Sales and trading Insha'Allah I don't have much experience besides some daytrading I did a while back? What tips you have for an aspring invesment banker? Hopefully I can work in Goldman Sachs or JP one day Insha' Allah ? (as for college i will be attending UK college but after college for UNI i'm unsure whether I wish to attend British or hopefully US Universities for better grad opportunities but I'm unsure how to go about going uni there!) Ya Ali (عليه السلام) Madad

Greetings, This is not an anti semite topic. I found this when i was looking for reasons of hatred that was directed to jews in Europe. Through studying history, it seems that usury played a key role in this situation. In the old world , there were three major religions :Judaism, Christianity and Islam. The last 2 religions forbade usury. Judaism forbade taking interests from other jews but made it ok to take it from non jews and according to some interpretations, it is an obligation upon a jew to take interest from non jew. In this wiki page, there is a mention of the role of banking in the crusades. But I am very poor in economy and can't get the whole mechanism of how it worked. would someone explain? https://en.wikipedia.org/wiki/History_of_banking

Salam, I strongly believe that economical system of a nation is more important than the political one. So being a muslim I sometimes struggle with finding good structured work about how an Islamic country should economically be. In the Quran we can easily find Ayats that lay the foundation of micro-economical rules in Islam. But what about the whole nation? There is the Khums I know, but how should it be managed ethically and effectively? What about banking and trade? What about the state and the institutions? I know that's a lot but can someone point me to a good site or book that explains the concepts in a more technical way. Thanks for reading.

I have written two articles so far on the subject of monetary reform, to replace and exclude usury. I hope you will find them interesting. Towards a Programme of Monetary Reform Government Finance in a Usury-Free Economy Thank you.

Hello all I have a cousin, in chatting he told me that he has had interest from a foreign exchange company regards a work prospect dealing with clients / customer service . When I was happy for him he seemed hesitant. so I probed, and he started going on about a flawed money system , and it potentially being unislamic to work in such places with a general attitude of not wanting anything to do with this sector . And then came the conspiracy type talk which perhaps may hold some truth , but... Well to me sounded far fetched, he said that his wages could be paid from interest, I dont know how true that is and he can't prove it, I understand working directly with interest would be wrong , but my knowledge of banking/ foreign exchange markets/ economics are not sound or worthy of offering my opinion to him, so I just left the whole topic. Anyone have any knowledge on these systems or in particular foreign exchange market and a good answer to give him, affirming or negating his views as I don't believe he's based his decision on understanding , mA his intentions are noble but I don't want him to miss out on an good opportunity for no reason.