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The paying of interest
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[quote]Asalaamu Alaikum Shrukan for responding. I am understanding some of what you are saying but I still have questions. You see I have been reading different explanations on interest on which I did not comprehend anything yet but I will reread it again, on top of everyone's opinion of interest. Can you recommend some books or links, hadiths to clarify this subject some more. You see I am confuse about the using interest. My guess is that if you have a savings account that is recieving $4.5%percent interest than you should reject this type of interest and use only what you have saved. Now the second thing I am confused about is that if you don't have the money to pay for your own school, house , or business that you should not borrow the money that you already don't have plus add to it with interest to increase your no money situation. Then I was led to believe that we should just not be involved with anyone, period, who charges interest except for renting a place or (some excused or others don't on) purchasing only one home. I am surrounded by people who believe all of this so I need resources to convince myself and perhaps others that we have misunderstood something. Please don't get frustated with me and guide me with this. This is such a big confusing issue. By the way I own a home and we borrowed from Guidance which is supposed to be islamic financing? Please I need more economic lessons on according to the Shariah law. Please pray for my understanding. I am going to reread this class again and do more research and this time persevere on getting an understanding on this subject once and for all.[/quote]
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