Usury (Riba)
Posted by admin on November 12 2010 01:53:35
What Quran Says About Usury?
(Riba)
O ye who believe! Devour not usury, doubled and multiplied; but fear Allah. that ye may (really) prosper. [3:130]
O ye who believe! Fear Allah, and give up what remains of your demand for usury, if ye are indeed believers. [2:278]
Allah will deprive usury of all blessing, but will give increase for deeds of charity: For He loveth not creatures ungrateful and wicked. [2:276]
That which ye lay out for increase through the property of (other) people, will have no increase with Allah. but that which ye lay out for charity, seeking the Countenance of Allah, (will increase): it is these who will get a recompense multiplied. [30:39]
Those who devour usury will not stand except as stand one whom the Evil one by his touch Hath driven to madness. That is because they say: "Trade is like usury," but Allah hath permitted trade and forbidden usury. Those who after receiving direction from their Lord, desist, shall be pardoned for the past; their case is for Allah (to judge); but those who repeat (The offence) are companions of the Fire: They will abide therein (for ever). [2:275]
That they took usury, though they were forbidden; and that they devoured men's substance wrongfully;- we have prepared for those among them who reject faith a grievous punishment. [4:161]