International Open University
News & Events
On June 21, 2020, Acting Head of Department (BBA) International Open University Mansoor Danish held an online lecture Money Matters - A Q&A Session on Riba and Related Transactions.
The prohibition of riba is one of the strongest in the Noble Qur’an. In this lecture and QA Session, Mr. Mansoor Danish explained the concept of usury (riba) and its types. He also touched upon the other different prohibited transactions. Some of the most common questions that followed this session were about working in a bank, keeping our money in bank accounts, taking up loans, etc.