Those who devour usury will not stand except as stand one whom the Evil one by his touch Hath driven to madness. That is because they say: “Trade is like usury,” but God hath permitted trade and forbidden usury. Those who after receiving direction from their Lord, desist, shall be pardoned for the past; their case is for God (to judge); but those who repeat (The offence) are companions of the Fire: They will abide therein (forever).- Holy Qur'an 2:275
This Saturday on Critical Discourse, we are happy to invite a representative of Guidance Residential, a Muslim-owned business which deals exclusively in Islamic mortgaging services, (i.e. without usury). As we well know, both the Qur'an and Bible forbid the usury, as it becomes tantamount to economic and generational slaver and dominance of individuals and nations.
Such a topic has been heavily debated for quite some time. Common questions are, "what exactly is Riba (Usury)"? "Is it ever ethical for a bank to charge any sort of fee in order to make a profit"? And once we address those, naturally, our listeners will want to know, "What makes Guidance Residential so correct and worth our attention"?
God-Willing, our guest will not only delve into some of these sensitive issues, but explain the Islamic efficacy of what they have to offer, and why you, today, should become their valued customer / partner in the maintenance of wealth and prosperity in this world and the next.
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