The economic and social system of Islam

Islam realised the evil effect of interest on society nearly fourteen hundred years
ago. The late Maulana Sayyid Sulaiman Nadvi in his Introduction to the writer's
book Islam and the Theory of Interest (pp. x-xi) writes : "The prohibition of interest
is an issue concurred upon not only by Islam but almost all the religions of the
world and the majority of ancient philosophers. The writer of these lines had
contributed an article to Al-Nadvah (1909), under the title 'Interest and the Holy
Scriptures' ...