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Ar-Riba (Usury or Interest) what Islam Say?
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<blockquote data-quote="sirajstc" data-source="post: 6567418" data-attributes="member: 91140"><p><strong>Assalmu Alaikum Brothers and Sisters,</strong></p><p><strong></strong></p><p><strong>Just a reminder.</strong></p><p><strong></strong></p><p><strong>Riba (Usury) is of two major kinds:</strong></p><p><strong></strong></p><p><strong></strong></p><ol> <li data-xf-list-type="ol"> <strong><em>Riba An-Nasia</em> - Interest on lent money </strong></li> <li data-xf-list-type="ol"> <strong><em>Riba Al-Fadl</em> - Taking a superior thing of the same kind of goods by giving more of the same kind of goods of inferior quality, eg.,dates of superior quality for dates of inferior quality in great amounts.</strong></li> </ol><p> <strong>The definition of Interest, the literal meaning of interest or <em>Al-Riba</em> as it is used in the Arabic language means to excess or increase. In the Islamic terminology interest means effortless profit or that profit which comes free from compensation or that extra earning obtained that is free of exchange. Riba has been described as a loan with the condition that the borrower will return to the lender more than and better than the quantity borrowed. </strong></p><p><strong> As Muslims, our main concern when it comes to financial transactions is to avoid Riba in any of its forms, despite the fact that the basic foundation of the world economics and finance today is that of riba and dealing in usury. </strong></p><p><strong> The Prophet [FONT=Helvetica, Arial]<img alt="peace and blessings be upon him" width="104" border="0" height="18">[/FONT] has foretold us of a time when the spread of riba would be so overwhelming that it would be extremely difficult for the Muslim to avoid it. This situation calls for Muslims to be extra cautious before deciding on what money payment of financial methods to use in any personal or business transaction.</strong></p><p></p><p></p><p>[FONT=Helvetica, Arial]<span style="font-size: 12px"><span style="color: #ff0000"><strong><em>The Noble Qur'an - Al-Baqarah 275-281</em></strong></span></span>[/FONT]</p><p>[FONT=Helvetica, Arial][/FONT] </p><p> [FONT=Helvetica, Arial]<span style="font-size: 12px"><span style="color: #ff0000">275. Those who eat Ribâ (usury) will not stand (on the Day of Resurrection) except like the standing of a person beaten by Shaitân (Satan) leading him to insanity. That is because they say: "Trading is only like Ribâ (usury)," whereas Allâh has permitted trading and forbidden Ribâ (usury). So whosoever receives an admonition from his Lord and stops eating Ribâ (usury) shall not be punished for the past; his case is for Allâh (to judge); but whoever returns [to Ribâ (usury)], such are the dwellers of the Fire - they will abide therein.</span></span>[/FONT]</p><p>[FONT=Helvetica, Arial]<span style="font-size: 12px"><span style="color: #ff0000"></span></span></p><p><span style="font-size: 12px"><span style="color: #ff0000"></span></span>[/FONT] </p><p> [FONT=Helvetica, Arial]<span style="font-size: 12px"><span style="color: #ff0000">276. Allâh will destroy Ribâ (usury) and will give increase for Sadaqât (deeds of charity, alms, etc.) And Allâh likes not the disbelievers, sinners.</span></span>[/FONT]</p><p>[FONT=Helvetica, Arial]<span style="font-size: 12px"><span style="color: #ff0000"></span></span></p><p><span style="font-size: 12px"><span style="color: #ff0000"></span></span>[/FONT] </p><p> [FONT=Helvetica, Arial]<span style="font-size: 12px"><span style="color: #ff0000">277. Truly those who believe, and do deeds of righteousness, and perform As-Salât (Iqâmat-as-Salât), and give Zakât, they will have their reward with their Lord. On them shall be no fear, nor shall they grieve.</span></span>[/FONT]</p><p>[FONT=Helvetica, Arial]<span style="font-size: 12px"><span style="color: #ff0000"></span></span></p><p><span style="font-size: 12px"><span style="color: #ff0000"></span></span>[/FONT] </p><p> [FONT=Helvetica, Arial]<span style="font-size: 12px"><span style="color: #ff0000">278. O you who believe! Be afraid of Allâh and give up what remains (due to you) from Ribâ (usury) (from now onward), if you are (really) believers.</span></span>[/FONT]</p><p>[FONT=Helvetica, Arial]<span style="font-size: 12px"><span style="color: #ff0000"></span></span></p><p><span style="font-size: 12px"><span style="color: #ff0000"></span></span>[/FONT] </p><p> [FONT=Helvetica, Arial]<span style="font-size: 12px"><span style="color: #ff0000">279. And if you do not do it, then take a notice of war from Allâh and His Messenger but if you repent, you shall have your capital sums. Deal not unjustly (by asking more than your capital sums), and you shall not be dealt with unjustly (by receiving less than your capital sums).</span></span>[/FONT]</p><p>[FONT=Helvetica, Arial]<span style="font-size: 12px"><span style="color: #ff0000"></span></span></p><p><span style="font-size: 12px"><span style="color: #ff0000"></span></span>[/FONT] </p><p> [FONT=Helvetica, Arial]<span style="font-size: 12px"><span style="color: #ff0000">280. And if the debtor is in a hard time (has no money), then grant him time till it is easy for him to repay, but if you remit it by way of charity, that is better for you if you did but know.</span></span>[/FONT]</p><p>[FONT=Helvetica, Arial]<span style="font-size: 12px"><span style="color: #ff0000"></span></span></p><p><span style="font-size: 12px"><span style="color: #ff0000"></span></span>[/FONT] </p><p> [FONT=Helvetica, Arial]<span style="font-size: 12px"><span style="color: #ff0000">281. And be afraid of the Day when you shall be brought back to Allâh. Then every person shall be paid what he earned, and they shall not be dealt with unjustly.</span></span>[/FONT] </p><p> <span style="font-size: 12px"><span style="color: #ff0000"></span></span></p><p><span style="font-size: 12px"><span style="color: #ff0000"></span></span> [FONT=Helvetica, Arial]<span style="font-size: 12px"><span style="color: #ff0000"><strong><em>The Noble Qur'an - Al-Imran 3:130</em></strong></span></span>[/FONT] </p><p> [FONT=Helvetica, Arial]<span style="font-size: 12px"><span style="color: #ff0000">O you who believe! Eat not Ribâ (usury) doubled and multiplied, but fear Allâh that you may be successful.</span></span>[/FONT]</p><p></p><p></p><p></p><ul> <li data-xf-list-type="ul"> [FONT=Helvetica, Arial] <span style="font-size: 12px"><strong>Hazrat Jabir r.a. has reported that the Messenger of Allah <img alt="peace and blessings be upon him" width="104" border="0" height="18"> cursed the devourer of usury, its payer, its scribe and its two witnesses. He also said that they were equal (in sin). </strong></span>[/FONT]</li> </ul><p></p><p></p><ul> <li data-xf-list-type="ul"> <span style="font-size: 12px"><strong>[FONT=Helvetica, Arial] Hazrat Abu Hurairah r.a. reported that the Prophet <img alt="peace and blessings be upon him" width="104" border="0" height="18"> said : <span style="color: #ff0000">A time will certainly come over the people when none will remain who will not devour usury. If he does not devour it, its vapour will overtake him.</span> <span style="color: #808080">[Ahmed,Abu Dawood,Nisai,Ibn Majah]</span>[/FONT]</strong></span></li> </ul><p></p><p></p><p></p><ul> <li data-xf-list-type="ul"> <span style="font-size: 12px"><strong>[FONT=Helvetica, Arial] Hazrat Abu Hurairah radiyallahu anhu reported that the Messenger of Allah <img alt="peace and blessings be upon him" width="104" border="0" height="18"> said: <span style="color: #ff0000">I came across some people in the night in which I was taken to the heavens.Their stomachs were like houses wherein there were serpents,which could be seen from the front of the stomachs. I asked :O Gabriel! Who are these people? He replied these are those who devoured usury.</span> <span style="color: #808080">[Ahmed,Ibn Majah]</span> [/FONT]</strong></span> </li> </ul><p> <span style="font-size: 12px"><strong></strong></span></p><p><span style="font-size: 12px"><strong>[FONT=Helvetica, Arial][/FONT]</strong></span> </p><p> <span style="font-size: 12px"><strong>[FONT=Helvetica, Arial]Hazrat Al-Khudri radiyallahu anhu reported that the Prophet <img alt="peace and blessings be upon him" width="104" border="0" height="18"> said: <span style="color: #ff0000">Gold in exchange for gold, silver in exchange for silver, wheat in exchange for wheat, barley in exchange for barley,dates in exchange for dates, salt in exchange for salt is in the same category and (should be exchanged) hand to hand, so whoever adds or demands increase he has practised usury. The giver and taker are the same.</span>[/FONT]</strong></span></p><p></p><p></p><p><span style="font-size: 12px"><strong><span style="color: #333399">“Abdullah Ibn Hanzala (ra) reported that the Messenger of Allah said: A dirham (silver coin) of Riba, which a man receives knowingly, is worse than committing adultery thirty-six times. (Ahmad). Baihaqi transmitted it, on the authority of Ibn Abbas (ra), with the addition that the Prophet continued to say: Hell is more fitting for him whose flesh is nourished by what is Haram.”</span></strong></span></p><p></p><p></p><p></p><p><span style="font-size: 12px"><strong>[FONT=Helvetica, Arial]<span style="color: #ff0000"></span></strong></span></p><p><span style="font-size: 12px"><strong><span style="color: #ff0000"></span>[/FONT]</strong></span> </p><p></p><p><strong><span style="color: green"></span></strong></p><p><strong><span style="color: green"><span style="font-size: 12px">“What Allah has bestowed on His Messenger (and taken away) from the people of the townships, belongs to Allah, to His Messenger and to kindred and orphans, the needy and the wayfarer; in order that it (i.e., wealth) may not (only) circulate amongst the wealthy among you. So take what the Messenger assigns to you, and deny yourselves that which he withholds from you. And fear Allah; for Allah is strict in punishment.” (Qur’an, al-Hashr, 59:7)</span><span style="font-size: 12px"></span></span></strong></p><p><strong><span style="color: green"><span style="font-size: 12px"></span><span style="font-size: 12px"></span></span></strong></p><p><strong><span style="color: green"><span style="font-size: 12px"></span></span></strong><span style="font-size: 12px"><strong><span style="color: green">“O ye who believe! Fear Allah, and give up what remains of your demand for usury, if ye are indeed believers. If ye do it not, take notice of war from Allah and His Messenger…” (Qur’an, al-Baqarah, 2:278-9)</span></strong></span></p><p></p><p><strong><span style="font-size: 12px">Allah has already written your Rizq, none can give a penny more or none can stop what Allah has decreed for you. It is you who decide which path to take that decreed Rizq, either Halal way or Haram way. Whichever the path u choose you earn only what Allah has decreed, then why choose the Haram way?</span></strong></p><p><span style="font-size: 12px"><strong>[FONT=Helvetica, Arial]<span style="color: #ff0000"></span></strong></span></p><p><span style="font-size: 12px"><strong><span style="color: #ff0000"></span>[/FONT]</strong></span></p></blockquote><p></p>
[QUOTE="sirajstc, post: 6567418, member: 91140"] [B]Assalmu Alaikum Brothers and Sisters, Just a reminder. Riba (Usury) is of two major kinds: [/B] [LIST=1] [*] [B][I]Riba An-Nasia[/I] - Interest on lent money [/B] [*] [B][I]Riba Al-Fadl[/I] - Taking a superior thing of the same kind of goods by giving more of the same kind of goods of inferior quality, eg.,dates of superior quality for dates of inferior quality in great amounts.[/B] [/LIST] [B]The definition of Interest, the literal meaning of interest or [I]Al-Riba[/I] as it is used in the Arabic language means to excess or increase. In the Islamic terminology interest means effortless profit or that profit which comes free from compensation or that extra earning obtained that is free of exchange. Riba has been described as a loan with the condition that the borrower will return to the lender more than and better than the quantity borrowed. [/B] [B] As Muslims, our main concern when it comes to financial transactions is to avoid Riba in any of its forms, despite the fact that the basic foundation of the world economics and finance today is that of riba and dealing in usury. [/B] [B] The Prophet [FONT=Helvetica, Arial]<img alt="peace and blessings be upon him" width="104" border="0" height="18">[/FONT] has foretold us of a time when the spread of riba would be so overwhelming that it would be extremely difficult for the Muslim to avoid it. This situation calls for Muslims to be extra cautious before deciding on what money payment of financial methods to use in any personal or business transaction.[/B] [FONT=Helvetica, Arial][SIZE=3][COLOR=#ff0000][B][I]The Noble Qur'an - Al-Baqarah 275-281[/I][/B][/COLOR][/SIZE][/FONT] [FONT=Helvetica, Arial][SIZE=3][COLOR=#ff0000][B][/B][/COLOR][/SIZE][/FONT] [FONT=Helvetica, Arial][SIZE=3][COLOR=#ff0000]275. Those who eat Ribâ (usury) will not stand (on the Day of Resurrection) except like the standing of a person beaten by Shaitân (Satan) leading him to insanity. That is because they say: "Trading is only like Ribâ (usury)," whereas Allâh has permitted trading and forbidden Ribâ (usury). So whosoever receives an admonition from his Lord and stops eating Ribâ (usury) shall not be punished for the past; his case is for Allâh (to judge); but whoever returns [to Ribâ (usury)], such are the dwellers of the Fire - they will abide therein.[/COLOR][/SIZE][/FONT] [FONT=Helvetica, Arial][SIZE=3][COLOR=#ff0000] [/COLOR][/SIZE][/FONT] [FONT=Helvetica, Arial][SIZE=3][COLOR=#ff0000]276. Allâh will destroy Ribâ (usury) and will give increase for Sadaqât (deeds of charity, alms, etc.) And Allâh likes not the disbelievers, sinners.[/COLOR][/SIZE][/FONT] [FONT=Helvetica, Arial][SIZE=3][COLOR=#ff0000] [/COLOR][/SIZE][/FONT] [FONT=Helvetica, Arial][SIZE=3][COLOR=#ff0000]277. Truly those who believe, and do deeds of righteousness, and perform As-Salât (Iqâmat-as-Salât), and give Zakât, they will have their reward with their Lord. On them shall be no fear, nor shall they grieve.[/COLOR][/SIZE][/FONT] [FONT=Helvetica, Arial][SIZE=3][COLOR=#ff0000] [/COLOR][/SIZE][/FONT] [FONT=Helvetica, Arial][SIZE=3][COLOR=#ff0000]278. O you who believe! Be afraid of Allâh and give up what remains (due to you) from Ribâ (usury) (from now onward), if you are (really) believers.[/COLOR][/SIZE][/FONT] [FONT=Helvetica, Arial][SIZE=3][COLOR=#ff0000] [/COLOR][/SIZE][/FONT] [FONT=Helvetica, Arial][SIZE=3][COLOR=#ff0000]279. And if you do not do it, then take a notice of war from Allâh and His Messenger but if you repent, you shall have your capital sums. Deal not unjustly (by asking more than your capital sums), and you shall not be dealt with unjustly (by receiving less than your capital sums).[/COLOR][/SIZE][/FONT] [FONT=Helvetica, Arial][SIZE=3][COLOR=#ff0000] [/COLOR][/SIZE][/FONT] [FONT=Helvetica, Arial][SIZE=3][COLOR=#ff0000]280. And if the debtor is in a hard time (has no money), then grant him time till it is easy for him to repay, but if you remit it by way of charity, that is better for you if you did but know.[/COLOR][/SIZE][/FONT] [FONT=Helvetica, Arial][SIZE=3][COLOR=#ff0000] [/COLOR][/SIZE][/FONT] [FONT=Helvetica, Arial][SIZE=3][COLOR=#ff0000]281. And be afraid of the Day when you shall be brought back to Allâh. Then every person shall be paid what he earned, and they shall not be dealt with unjustly.[/COLOR][/SIZE][/FONT] [SIZE=3][COLOR=#ff0000] [/COLOR][/SIZE] [FONT=Helvetica, Arial][SIZE=3][COLOR=#ff0000][B][I]The Noble Qur'an - Al-Imran 3:130[/I][/B][/COLOR][/SIZE][/FONT] [FONT=Helvetica, Arial][SIZE=3][COLOR=#ff0000]O you who believe! Eat not Ribâ (usury) doubled and multiplied, but fear Allâh that you may be successful.[/COLOR][/SIZE][/FONT] [LIST] [*] [FONT=Helvetica, Arial] [SIZE=3][B]Hazrat Jabir r.a. has reported that the Messenger of Allah <img alt="peace and blessings be upon him" width="104" border="0" height="18"> cursed the devourer of usury, its payer, its scribe and its two witnesses. He also said that they were equal (in sin). [/B][/SIZE][/FONT] [/LIST] [LIST] [*] [SIZE=3][B][FONT=Helvetica, Arial] Hazrat Abu Hurairah r.a. reported that the Prophet <img alt="peace and blessings be upon him" width="104" border="0" height="18"> said : [COLOR=#ff0000]A time will certainly come over the people when none will remain who will not devour usury. If he does not devour it, its vapour will overtake him.[/COLOR] [COLOR=#808080][Ahmed,Abu Dawood,Nisai,Ibn Majah][/COLOR][/FONT][/B][/SIZE] [/LIST] [LIST] [*] [SIZE=3][B][FONT=Helvetica, Arial] Hazrat Abu Hurairah radiyallahu anhu reported that the Messenger of Allah <img alt="peace and blessings be upon him" width="104" border="0" height="18"> said: [COLOR=#ff0000]I came across some people in the night in which I was taken to the heavens.Their stomachs were like houses wherein there were serpents,which could be seen from the front of the stomachs. I asked :O Gabriel! Who are these people? He replied these are those who devoured usury.[/COLOR] [COLOR=#808080][Ahmed,Ibn Majah][/COLOR] [/FONT][/B][/SIZE] [/LIST] [SIZE=3][B] [FONT=Helvetica, Arial][/FONT][/B][/SIZE] [SIZE=3][B][FONT=Helvetica, Arial]Hazrat Al-Khudri radiyallahu anhu reported that the Prophet <img alt="peace and blessings be upon him" width="104" border="0" height="18"> said: [COLOR=#ff0000]Gold in exchange for gold, silver in exchange for silver, wheat in exchange for wheat, barley in exchange for barley,dates in exchange for dates, salt in exchange for salt is in the same category and (should be exchanged) hand to hand, so whoever adds or demands increase he has practised usury. The giver and taker are the same.[/COLOR][/FONT][/B][/SIZE] [SIZE=3][B][COLOR=#333399]“Abdullah Ibn Hanzala (ra) reported that the Messenger of Allah said: A dirham (silver coin) of Riba, which a man receives knowingly, is worse than committing adultery thirty-six times. (Ahmad). Baihaqi transmitted it, on the authority of Ibn Abbas (ra), with the addition that the Prophet continued to say: Hell is more fitting for him whose flesh is nourished by what is Haram.”[/COLOR][/B][/SIZE] [SIZE=3][/SIZE] [SIZE=3][B][FONT=Helvetica, Arial][COLOR=#ff0000] [/COLOR][/FONT][/B][/SIZE] [SIZE=3][/SIZE] [B][COLOR=green] [SIZE=3]“What Allah has bestowed on His Messenger (and taken away) from the people of the townships, belongs to Allah, to His Messenger and to kindred and orphans, the needy and the wayfarer; in order that it (i.e., wealth) may not (only) circulate amongst the wealthy among you. So take what the Messenger assigns to you, and deny yourselves that which he withholds from you. And fear Allah; for Allah is strict in punishment.” (Qur’an, al-Hashr, 59:7)[/SIZE][SIZE=3] [/SIZE][SIZE=3] [/SIZE][/COLOR][/B][SIZE=3][B][COLOR=green]“O ye who believe! Fear Allah, and give up what remains of your demand for usury, if ye are indeed believers. If ye do it not, take notice of war from Allah and His Messenger…” (Qur’an, al-Baqarah, 2:278-9)[/COLOR][/B][/SIZE] [B][SIZE=3]Allah has already written your Rizq, none can give a penny more or none can stop what Allah has decreed for you. It is you who decide which path to take that decreed Rizq, either Halal way or Haram way. Whichever the path u choose you earn only what Allah has decreed, then why choose the Haram way?[/SIZE][/B] [SIZE=3][B][FONT=Helvetica, Arial][COLOR=#ff0000] [/COLOR][/FONT][/B][/SIZE] [/QUOTE]
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