Stupid Fathers
Yes this post has to do with fathers but read the whole thing first.
Interest transactions are totally haram and thus whosoever deals with interest money in any way or form will be sinful. There are grave warnings promised in the Qur’an and Sunnah for the one who deals with interest. A hadith says that one who takes interest will recieve the worst punishment in hell and in surah baqarah Allah (swt) says
“O you who believe! Fear Allah and give up what remains of your demand for usury if you are indeed believers. If you don’t, take notice of war from Allah and His messenger.”
Both TAKING AND GIVING interest is haram.
Now, I cannot tell u the number of fathers who despite having a lot of money tell there kids to take a loan from the bank for their studies. It is a fathers RESPONSIBILITY to give money to his children for their university education. The sin of a child taking money from a bank and paying interest on it will rest on the FATHER. His salat and fasting will not save him from jahannam.
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January 2nd, 2008 13:53 GMT
I do not agree. What is prohibited is “Riba”, which is defined as hundred times or even two hundred times increase over the original amount. Al-Azhar, the most respected of Islamic institutions, has has said that bank interest is not “haram”. Even Islamic scholars like Khalid Ishaq hold this view. And the second khalifa (Hazrat Umar) is reported to have said that he did not know what is riba and what is not riba. Although I do not take or give interest in any form, please remember that those who put their money in savings accounts actually end up as losers, because the rate of inflation is much higher than the bank’s interest. If a child puts Rs. 100 in a bank, it becomes Rs. 106 in one year, but a toy which was available for Rs. 100 will now cost more than Rs. 110, as prices increase every day. However, banks are the safest places to keep your money in normal times.
January 2nd, 2008 23:11 GMT
brother,
whether you agree or not does not make a difference. Also a lot of these so called “scholars” who mislead the ummah will be the first in hell. A single paisa earned on a billion rupees is interest and therefore haram.Deen does not run according to peoples whims and desires. However, i am glad to know that you do not take or give interest in any way or form.