The Credit Crunch: An Islamic Perspective

dublin | anti-capitalism | event notice Thursday October 08, 2009 22:41 by UCD ISOC - UCD ISOC

The Credit Crunch: An Islamic Perspective

The world was and still is over run by the financial crisis the swept the lands. Economies have collapsed, banks rates plummeted, business's fell, recessions have hit hard everywhere especially in Ireland. The world is still searching for an explanation and solutions to this disaster.

The Credit Crunch: An Islamic Perspective

UCD ISOC present.....

The Credit Crunch: An Islamic perspective

Speaker: Tarek El-Diwany

Date: Friday 16th October 2009

Time: 6pm

Location: Theater L, Arts Block, UCD

Facebook link: Click here to access it

The world was and still is over run by the financial crisis the swept the lands. Economies have collapsed, banks rates plummeted, business's fell, recessions have hit hard everywhere especially in Ireland. The world is still searching for an explanation and solutions to this disaster.

Tarek El-Diwany,an expert in Islamic finance, who wrote the book "The problem with Interest", gives a talk on the downfall of the world economy from an Islamic perspective. Attend this extremely relevant talk to find out more.

The Prophet Muhammad (Peace be upon him) said '"When you deal with interest, and hold fast to the tail of the cow, and become contented with agriculture, and you leave "striving/struggling" in the Way of Allah, Allah will permit your humiliation and will not lift it from you until you return to your deen." (Sunan Abu Dawoud & declared sahih by Shaykh Nassiruddin Al-Bani)