TYPES OF RIBA (USURY): 

First, Riba Al-Fadhl: To take more in exchange of one commodity in the event of barter of two similar commodities.

 

Second, Riba An-Nasee’ah: To take a larger return of one thing while two identical things are bartered. But in this case the larger return is affected after a fixed period of time.

 

In Islamic jurisprudence (Fiqh), assets are of two types. One type is of commodities and the other is of the mode of price for exchanging commodities called Thaman (price). Then, every type has a class of varieties. For example, food grains are a type of assets and rice, wheat, etc., are its varieties. Similarly, silver, gold, etc., are varieties of the second type of assets. Coins, currency notes, company shares, etc., can also be considered varieties of this type in contemporary life. 

These two types of assets have four varieties: 

1. Commodities which are sold by weight. 
2. Commodities which are sold by measure. 
3. Commodities which can be stored. 
4. Commodities which are used as Thaman in sale and purchase. 

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