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Anas Sultan
Anas Sultan is a student of MS in Islamic Finance at Minhaj University, Lahore. He also works as a research assistant at SIEBF MUL (School of Islamic Economics and Banking and Finance, Minhaj University Lahore). His passion lies in exploring the realms of Islamic finance and contemporary social issues through research and writing.
Written by Anas Sultan• March 28, 2024• 12:08 am•
Anas Sultan explains the concept of riba and how it is prohibited in the major global religions.
He argues that riba is destabilizing because it can lead to variations in market dynamics, drive up prices, and degrade society and social morality.
The global financial crisis of 2008 is a prime example of the societal downfall that riba can trigger.
Read More → Read More: Unraveling the Wisdom: The Prohibition of Riba in Islam