islamic economic system

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Age: 124
Total Posts: 844
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Pakistan, Pakistan
well its a huge topic but here i want in4mation abt sood [interest rates including simple and compound]   in view of the following situation
if a man borrows 1000000 rs frm a muslim and promises to return it in 5years
when the man returns 1000000 after 5 years the value of money will b depreciated considerably so under such circumstances how one can apply a non-sood economic system
Posted 08 Dec 2005

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