ভূমিকা

Interest-Al-Ribah | Hubeali Skip to content Hubeali Menu Topics Quran Tafseer Books Urdu Books English Books Sermons School of Wilayat Search for: Search Button Home Articles Interest-Al-Ribah Details Sidebar Table of contents Summary: Introduction: Disliked Trading and Dealings: The Interest (Al-Ribah): Interest- a major sin Reasons for the Prohibition of interest The consequence in the Hereafter Ceasing the consumption of interest The giver and the taker of interest are Equal (in wrong doing) Punishment of those involved in Interest (by a Just Imam-asws) The consequence in the Hereafter The repentance for those involved in interest: Consuming Interest out of Ignorance: Allah-azwj Nourishes the charity but Interest is going to be punished Interest – A confusion by Satan-la Interest- a major sin Interest-Al-Ribah Download PDF Summary: 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. Credit cards or overdraft facilities (with spread-out repayments) have even higher interest rates. Can one live and survive without having to pay interest?

This, very much, depends on personal circumstances of an individual – most people find themselves unwillingly trapped into debts while struggling to make both ends meet – 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) .

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 ‘haram’ (forbidden) are also highlighted. Introduction: Some Ahadith are presented below related to interest, starting first with what is disliked as a deal/trade.

Disliked Trading and Dealings: ورُوي أنّ أُسامة بن زيد اشترى وَليدةً بمائة دينارٍ إلى شهرٍ، فسمع رسول الله صلي الله عليه و اله و سلم فقال: ألا تَعجبون مِن أُسامة المشتري إلى شهرٍ!