Friday, 13 July 2012

Renowned Spanish scholar suggests alternative to usury

LAHORE, July 12: Renowned Spanish scholar Sheikh Umer Ibrahim Vidallo has proposed adoption of the system of Islamic Dirham and Dinar in order to get liberty from usury.

A group of richest families of the world introduced the system of usury in order to control the economy and states of the world, said Mr Vidallo at a seminar on “Effects of usury on economy and economic situation of Muslim countries adopting interest system” organised by Punjab University Academic Staff Association at

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