RIBA (USURY) IN ISLAM

THE MEANING OF RIBA

Riba is an Arabic noun derived from the verb Raba, meaning ‘to increase’, ‘to grow’, and ‘to exceed’. It includes interest which is paid by banks or on loans such as car loans, home loans or credit card debt.

PROOF THAT RIBA IS HARAM

There are many proofs showing that riba is haram and one of the sins in Islam!

In the Qur’an, Allah says:

“…Allah has permitted trade and has forbidden riba.” Qur’an 2:275

In the Qur’an, Allah does not declare war on anyone except those who deal in riba:

“O you who believe, fear Allah and give up what remains of your demand for riba, if you are indeed believers. If you do it not, take notice of war from Allah and His Messenger.” Qur’an 2:278-279

Would you like Allah, The Almighty, to wage war against you after He has made it abundantly clear that riba is haram?

 

The Prophet (peace be upon him) warned that consuming riba is one of the seven sins that doom a person to Hell. (Bukhari and Muslim)

Riba is haram in all of its aspects, as the Prophet (peace be upon him) said (Muslim), “Allah has cursed the one who consumes riba, the one who gives it, the one who witnesses over it, and the one who writes down the transaction.”

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