At Abrahamic Finance we provide educational and consultative services in regards to Islamic Finance.
Our mission is to help provide information about alternative financial systems that are based on ethical and socially responsible underpinnings and are viable and profitable as well. Islamic Finance is one such example, it is an industry currently valued at $2-Trillion and estimated to grow to $5-Trillion in the next five years.
The prohibition of interest is a central tenant of Islamic Finance along with other items that create a system of fairness and equity. But this is not just limited to Islam but rather all the Abrahamic Faiths: Islam, Christianity and Judaism—each of these faiths condemns the usage and paying of interest. In general, for Christianity and Judaism charging of interest is impermissible of people of their own faiths, whereas in Islam charging of interest is impermissible to people of all faiths.
“God has permitted trade and forbidden interest” – Quran (2:275)
“Do not charge your brother interest, whether on money or food or anything else that may earn interest” –Deuteronomy (23:19)
“If thou lend money to any of My people, even to the poor with thee, thou shalt not be to him as a creditor; neither shall ye lay upon him interest” –Exodus(22:25)