Surah Baqarah is full of references to the concept of Holy Book Banking, or banking based on the revelations in the Quran, Torah, and Bible. (2:30) states: Behold, thy Lord said to the angels, “I will create a vicegerent on earth.” They said: “Wilt Thou place therein one who will make mischief therein and…
Howard Thurman, Jesus and the Disinherited, and Capitalism This book addresses the disinherited peoples of the earth in the chapters Jesus-An Interpretation, Fear, Deception, Hate, and Love. Thurman says, “The masses of men live with their backs constantly against the wall. They are the poor, the disinherited, the dispossessed.” (Thurman, 3) In Jesus-An Interpretation,…
Holy Book Banking is a movement inclusive of Muslims, Christians, and Jewish to revise the economy for a better and brighter future by incorporating principles of the Book into finance, economics, and banking. It is a movement of peace as it calls all of the people of the Book to work together in a concerted effort…
Usury In Judaism Exodus 22: 24 (Torah) [24] “If you lend money to my people, to the afflicted-one (who lives) beside you, you are not to be to him like a creditor, you are not to place on him excessive interest.” Leviticus 25: 35-38 (Torah) 35] “Now when your brother sinks down (in poverty) and…
Gharar Gharar (uncertainty) originates from the Arabic verb gharra, which means to deceive. The word for gambling in Arabic, maysir, comes from the word yasira, which means to be easy and yassara, which means lucky chance or easy success at getting something of value without earning it (Kamali, 2000: 151). Various classifications of gharar (uncertainty)…
In the Bible, Jesus enters the Temple of God and smashes the moneylenders stalls. St. Matthew 21: 12-13 “And Jesus went into the temple of God, and cast out all the that sold and bought in the temple, and overthrew the tables of the money changers, and the seats of them that sold doves, And…
Introduction The modern day economic system is built upon and around interest-based lending, which allows one class of people to grow rich at the expense of the majority of the population. Interest has been prohibited in all Abrahamic religions for essentially the same reasons, which includes the well-being of humanity, the avoidance of segregating society…
Shari’ah, Christian, and Jewish Law: The Argument and Foundation for Holy Book Banking from Camille Silla Paldi
Welcome Holy Book Banking from Camille Silla Paldi