The Majlis Archive
Finance - Banking - Business The Majlis Vol 23 No 12, p.5

Are any business deals of the Islamic banks permissible?

Question

Are any business deals of the Islamic banks permissible?

Answer

All investment schemes offered by the banks and halaalized by their mercenary 'shariah' boards are riba dealings.

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The Majlis Vol 23 No 12
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5

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Appears under BEVERAGES AND THE HADHRATS. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.

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