Monday, August 27, 2012

Egypt divided on taking loan from IMF | ummid.com

Egypt divided on taking loan from IMF | ummid.com
The loan Egypt is to take from the International Monetary Fund (IMF) has been stirring controversy in the country, not only because of the negative impact it is expected to have on the Egyptian economy but also owing to the debate about its interest and how far it can be regarded as usury, a practice prohibited in Islam.