ভূমিকা
{"id":23732,"date":"2023-08-14T22:17:28","date_gmt":"2023-08-14T22:17:28","guid":{"rendered":"http:\/\/hubeali.com\/?p=23732"},"modified":"2024-12-01T21:13:11","modified_gmt":"2024-12-01T21:13:11","slug":"interest-al-ribah","status":"publish","type":"post","link":"https:\/\/hubeali.com\/interest-al-ribah\/","title":{"rendered":"Interest-Al-Ribah"},"content":{"rendered":" Summary: \n Charging and paying interest on loans are forbidden in Islam.
However, world-wide banking systems these days are all based on interest, which makes it very difficult for a believer to avoid direct or indirect transactions involving interest. From governments to businesses, all take loans with interest payments – as an individual, for example, the house one rents or buys has an interest element.\u00a0 Credit cards or overdraft facilities (with spread-out repayments) have even higher interest rates.
\n Can one live and survive without having to pay interest?\u00a0 This, very much, depends on personal circumstances of an individual \u2013 most people find themselves unwillingly trapped into debts while struggling to make both ends meet \u2013 as debts spiralling out of control under circumstances beyond their control. On how much to spend and where, so that one would not end-up in red and end-up paying interest, please read: Spending – How much and where to spend (hubeali.com) .
\n In the short article, we present some Ahadith to better understand what is classified as interest (Al-Ribah) so one may attempt to avoid, when and where possible, including those transactions, which bring one close to the \u2018haram\u2019 (forbidden) are also highlighted. \n Introduction: \n Some Ahadith are presented below related to interest, starting first with what is disliked as a deal\/trade.