TAGS: - Islam; Business; Economics; Interest; Interfaith dialogue

Abstract:

Bahá'í scripture permits charging interest (riba) on loans, in contrast to Islamic law which forbids it. Interest can be economically justified, and could affect the material position of the ulama and merchant classes.

Notes:

Lecture in the University of Haifa "Lectures in Bahá'í Studies" series, January 1, 2004.

Mirrored from bahai.haifa.ac.il/past_lectures.htm.

Interest (riba) in Islam and the Bahá'í Faith

Gad Gilbar

2004-01-20

Language note: This audio file is in Hebrew.

Technical note: this file was posted at bahai.haifa.ac.il as a stereo wma file streamed by Microsoft Media Server (16kHz, 17kbps). It was captured by Quicktime (for Mac) and saved as a mov file, which was then exported to a mono mp4 file (22kHz, 29kbps). The wma, mov, and mp4 versions are all offered below.

Abstract. gilbar_interest_islam_bahai_abstract.pdf

1. Listen to original .wma stream

2. Download .mov version [7 MB, 1:01 hours]

3. Download .mp4 version [13 MB, 1:01 hours]

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