Current Account is more than 1000 times better than Islamic Banking - Orya Maqbool Jan

[Mudassar1979]

 

[Star Gazer]

Re: Current Account is more than 1000 times better than Islamic Banking _ Orya Maqbool Jan

I am glad to know that I have been thinking right in this matter. I have a savings account which is interest free just to keep some money away from readily-available cash.

My suggestion is to buy gold or silver and pay zakat on it rather than pay tax or get profit. Or buy a piece of land and pay zakat on it which is less than tax and bot land and gold/silver can increase in value over time.

 

[sadani]

Re: Current Account is more than 1000 times better than Islamic Banking _ Orya Maqbool Jan

I am glad to know that I have been thinking right in this matter. I have a savings account which is interest free just to keep some money away from readily-available cash.

My suggestion is to buy gold or silver and pay zakat on it rather than pay tax or get profit. Or buy a piece of land and pay zakat on it which is less than tax and bot land and gold/silver can increase in value over time.

Absolutely Right!!!

Exactly the same approach which i am following currently ;-)