Is It Really Riba – Time Value Of Money
1. When lending in paper currency, link it to the price of gold or some other commodity so you get the same value back from the borrow as what you are lending. This way there is no risk of riba.
You are right there is a great confusion in understanding the concept of Riba and its application in the modern world among the scholars community. However i understand from his recent videos on Riba that sir Ghamidi consider it a fair deal if lenders link their loans to a commodity (or a basket of commodities) to protect their principal amount from inflation.