The Majlis Archive
Finance - Banking - Business The Majlis Vol 25 No 02, p.10

In view of all 'islamic' banks being un -Islamic and in conflict with the Shariah, what alternative is there in today's world where banks have become

Question

In view of all 'islamic' banks being un -Islamic and in conflict with the Shariah, what alternative is there in today's world where banks have become indispensable?

Answer

Understand well that Islam is the Final Law of Allah Ta'ala. It was perfected in the very time of Rasulullah (Sallallahu alayhi wasallam). There is a solution for every problem and an answer for every question in the Shariah. There will no longer be coming another nabi to cater for the rapidly changing circumstances leading up to Qiyaamah. There are adequate principles in the Shariah for every expediency.

However, the problem is the fossilized brains of Muslims who are insanely aping and emulating the kuffaar. They see only success in the kufr and najaasat of the western kuffaar. For them, Islam is antique because their Imaan has become antique.

The following report is an eye opener for Muslims whose spiritual eyes are blinded by the false glitter of kuffaar technology.

Peter Breiter, 41, is an unusual banker. Not for him the big bonuses, complicated financial instruments and multimillion euro deals.

He is happy instead writing transaction slips out by hand for the 500 inhabitants of the tiny southern German village of Gammesfeld.

"Why would I use a cash machine?" said Friedrich Feldmann, a customer sitting in the bank's small waiting room on his once-weekly visit to withdraw cash. "They cost money."

T h e R a i f f e i s e n Gammesfeld eG cooperative bank in southern Germany is one of the 10 smallest in Germany by deposits and is the only one to be run by just one member of staff. Small banks like this dominate the German banking landscape. - Reuters

The Times (End of report)

If Muslims unshackle their brains from the chains of the capitalist west, they will be able to establish viable and valid Islamic banks which will conform 100% with the Shariah.

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The Majlis Vol 25 No 02
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10

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Appears under “THE BROTHERS OF THE DEVILS”. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.

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