Riba
Mortgage Markets Adjust Amid Policy Shifts and Evolving Islamic Views
Global mortgage markets are experiencing significant shifts, from the U.S. housing sector returning to historical interest rate norms and China implementing stimulus measures, to a nuanced re-evaluation of mortgage interest within Islamic jurisprudence. These developments underscore diverse challenges and adaptive…
Islamic Scholars Re-evaluate Mortgage, Student Loan Interest
Prominent Islamic scholars are re-evaluating the concept of *riba* (interest) in modern finance, asserting that conventional mortgages and student loans do not fall under the Quranic prohibition of exploitative debt increases.