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The Curse Of Interest!!


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The Curse Of Interest!!

  1. 1. The Curse of Interest.Quran and the Prohibition of Riba. Al Rum (30:39) (revealed in the 6th year of Prophethood):And whatever you give for interest [i.e., advantage] to increasewithin the wealth of people will not increase with Allah But whatyou give in zakah, desiring the countenance of Allah – those arethe multipliers.. Aal-e-Imran (3:130) (revealed in the 3rd year of Hijrah):O you who have believed, do not consume usury, doubled andmultiplied, but fear Allah that you may be successful.. Al Nisa (4:160-161) (revealed in the 5th year of Hijrah):For wrongdoing on the part of the Jews, We made unlawfulfor them [certain] good foods which had been lawful to them,and for their averting from the way of Allah many [people],And [for] their taking of usury while they had been forbiddenfrom it, and their consuming of the peoples wealth unjustly.And We have prepared for the disbelievers among them apainful punishment..Al Baqarah (2: 275-276) (revealed in the 9th year of Hijrah):Those who consume interest cannot stand [on the Day ofResurrection] except as one stands who is being beaten by Sataninto insanity. That is because they say, "Trade is[just] likeinterest." But Allah has permitted trade and has forbiddeninterest. So whoever has received an admonition from hisLord and desists may have what is past, and his affair restswith Allah. But whoever returns [to dealing in interest orusury] – those are the companions of the Fire; they will abideeternally therein. Allah destroys interest and gives increase forcharities. And Allah does not like every sinning disbeliever.
  2. 2. . Ibid.. Al Baqarah (278-281):O you who have believed, fear Allah and give up what remains[due to you] of interest, if you should be believers.And if you do not, then be informed of a war [against you] fromAllh and His Messenger. But if you repent, you may haveyour principal – [thus] you do no wrong, nor are you wronged.And if someone is in hardship, then [let there be] postponementuntil [a time of] ease. But if you give [from your right as] charity,then it is better for you, if you only knew.And fear a Day when you will be returned to Allah. Thenevery soul will be compensated for what it earned, and theywill not be wronged [i.e., treated unjustly].Sayings of RasulAllah (saw) on the Prohibition ofRiba::. Narrated Abu Juhaifa RA The Prophet PBUH cursed the one whotook or gave (Riba) usury. Bukhari :: Book 7 :: Volume 72 ::Hadith 845. Jabir RA said Allahs Messenger PBUH cursed the accepter ofInterest, and its payer, and one who records it, and the twowitnesses, and he said: They are all equal. Muslim: Book10:Hadith 3881. Abu Huraira reported Allahs Messenger PBUH said, "Usury hasseventy parts, the least important being that a man should marryhis mother." Ibn Majah 2274. Narrated Samura bin Jundab RA: The Prophet PBUH said, "Thisnight I dreamt that two men came and took me to a Holy landwhence we proceeded on till we reached a river of blood, where aman was standing, and on its bank was standing another manwith stones in his hands. The man in the middle of the river triedto come out, but the other threw a stone in his mouth and forced
  3. 3. him to go back to his original place. So, whenever he tried tocome out, the other man would throw a stone in his mouth andforce him to go back to his former place. I asked, Who is this? Iwas told, The person in the river was a Riba-eater." Bukhari ::Book 3 :: Volume 34 :: Hadith 298. It is narrated by Ibn Masud who says that the Prophet PBUHsaid: No matter how much is the increment accrued throughinterest, the eventual outcome is scarcity. Ibn Majah 2279,Musnad Ahmed 3754. Abdullah bin Hanzalah RA says that Prophet Muhammad PBUHsaid: Deliberately eating one dirham (worth) of interest by aperson is more grievous than committing zina thirty-six times.Musnad Ahmad 22008