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Question
Salam,
i just wanted to know what is the islamic way to do money loans as interest is haraam.
Thanks

Answer
Make it business transactions like renting and profit sharing ,etc.  Allah hath permitted trade and forbidden usury.
http://www.islamic-finance.com/indexnew.htm

2:275 Those who devour usury will not stand except as stand one whom the Evil one by his touch Hath driven to madness. That is because they say: "Trade is like usury," but Allah hath permitted trade and forbidden usury. Those who after receiving direction from their Lord, desist, shall be pardoned for the past; their case is for Allah (to judge); but those who repeat (The offence) are companions of the Fire: They will abide therein (for ever)

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Imam Habeeb

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Being an Educator of Islamic Studies and Interfaith discussions for the past 25 years and having authored seventeen books and numerous articles on Islam - I think I can answer questions on Islam and other religions and issues of the Hanafi jurisprudence as well as general questions on Quran and Sharia. Love, sex and marital problems are some such topics! This is an independent volunteering service and not under any organizational banner that I may be affiliated with. My book- Intimacy and the Sacred talks about Sex and Muslims. http://www.iuniverse.com/Bookstore/BookDetail.aspx?BookId=SKU-000463374

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I have helped thousands of people who are troubled both in life experiences and lack of proper Islamic knowledge.

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Latest book Five White Roses and A Red a book of Poetry dedicated to my mother.

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www.whispersofkaieteur.blogspot.ca

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http://www.iuniverse.com/Bookstore/BookDetail.aspx?BookId=SKU-000463374

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Youths and issues of generational gap are my areas too. Families under stress.

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