usury

Shura Council approves Saudi loan, despite Salafi anger
Egypt

Shura Council approves Saudi loan, despite Salafi anger

Heated debate erupted again among the Shura Council's Islamist lawmakers on Monday over a loan from Saudi Arabia. Salafi legislators…
Salafis oppose Saudi infrastructure loan, claiming ‘usury’
Egypt

Salafis oppose Saudi infrastructure loan, claiming ‘usury’

Salafi lawmakers have again cast doubts over the religious legitimacy of a loan, this time from Saudi Arabia, saying that…
Salafi MPs consider EU loan as usury
Egypt

Salafi MPs consider EU loan as usury

Salafi MPs on Sunday accused the Muslim Brotherhood of accepting usury after the Shura Council approved an agreement with the…
MP files lawsuit demanding liquor stores, nightclubs be shuttered
Egypt

MP files lawsuit demanding liquor stores, nightclubs be shuttered

Former MP Hamdy al-Fakhrany has filed a lawsuit against the president, the prime minister and the local government minister, demanding…
Brotherhood asks Al-Azhar to issue fatwa on IMF loan
Egypt

Brotherhood asks Al-Azhar to issue fatwa on IMF loan

Abdel Khaleq al-Sherif, head of the Muslim Brotherhood’s advocacy and guidance department, has asked Al-Azhar, the Ministry of Endowments and…
Salafi leader attacked for not declaring IMF loan usury
Egypt

Salafi leader attacked for not declaring IMF loan usury

Salafi groups attacked Salafi Dawah vice president Yasser Borhamy Tuesday for his public comments that a loan Egypt is set…
Salafi Dawah vice president says IMF loan permissible in Islam
Egypt

Salafi Dawah vice president says IMF loan permissible in Islam

The vice president of the Salafi Dawah group, Yasser Borhamy, said Sunday the interest on the loan Egypt is set…
Nour Party divided on IMF loan
Business

Nour Party divided on IMF loan

Spokesperson for the Salafi Nour Party Yousry Hammad said Saturday that the interest on the planned IMF loan to Egypt…
Update: IMF loan violates Sharia, says Nour Party
Egypt

Update: IMF loan violates Sharia, says Nour Party

The government should not borrow from the International Monetary Fund to boost the country’s cash reserve, the Salafi Nour Party…
IMF loans are usury, says Salafi party
Egypt

IMF loans are usury, says Salafi party

The Salafi Nour Party has criticized the government for plans to borrow from international financial institutions rather than implementing an…
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