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Tag Archives: islam

My Islamic Faith Prevents Me From Paying Interest on My Student Loans

questions

Question: Dear Steve, I had two citi-student loans and at some point in time within the last 5 years they went to Navient (Sallie Mae) I recently called to ask if I could get a lower pay-off amount as the original loans were 32K and now they are up to about 64K because of deferment and interest. They said no ... Read More »

    Lebanese Financial Institutions Linked to Hizballah Allegedly Wired Over $300 Million Into The United States In Money Laundering Scheme

    Announced earlier last week was the filing of a civil money-laundering and in rem forfeiture complaint alleging a massive, international scheme in which Lebanese financial institutions, including a bank and two exchange houses linked to Hizballah, used the U.S. financial system to launder narcotics trafficking and other criminal proceeds through West Africa and back into Lebanon. As part of the ... Read More »

      Debt & Religion: A Look at the Islamic View of Debt With Imam Asal

      Zakat Example

      I was curious about how different religions viewed or interpreted debt so I embarked on a mission of finding religious leaders from different faiths and asking them to share with us their point of view so we could learn more. Life does not exist in a vacuum, especially a religious vacuum. And if there are major religious differences what does ... Read More »

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