Author
Abstract
Four centuries ago Islam came to take art people from darkness to light and to purify them of atheism polytheism , their moretry forbidden interactions and their usurious dealings that were dominant in the Arap peninsula and its neighborhood . Islam came to form a complete and integrated system encompassing all political , social , economic and spiritual aspects of life following its regulation and codes . it came to put forward substitutes for those illegal transactions after they spread and dominated to from the backbone of the economic transactions in the modern world specially banks that have made interests (usury) the care and center of their moretry transactions with in the throng of the crazy attack of the capitalist economy and its domination on bank transactions , it was imperative that muslim should forground the substitutes for these illegal usurious transactions, which is the main idea of the present paper which consists of three sections follows .
The first section covers definition of usury and the evidences for prohibition .
The second section deals with effects and types of usury .
The third section focuses on the alternative forms for usury in Islamic jurisprudence .
Keywords
)
