M. Umer Yasin. Pakistan Presentation of interset

1. Starting in the Name of Allah, The Most
Beneficent, The Most Merciful

3. Put your cash in a savings account
where it will earn interest.

5. The literal meaning of interest or Al-RIBA as it is
used in the Arabic language means to excess or
increase. In the Islamic terminology interest
means effortless profit or that profit which
comes free from compensation or that extra
earning obtained that is free of exchange.

6. According to historian Paul Johnson, the
lending of "food money" was common
place in Middle East civilizations as far
back as 5000BC.

14. In Surah Al- baqarah verse no.275
"Those who devour usury will not stand except as
stands one whom the Satan by his touch has
driven to madness. That is because they say,
"trade is like usury", but Allah has permitted trade
and has forbidden usury",
In the next verse verse 276 in the same place he
says,
"Allah will deprive usury of all blessing, and will
give increase for deeds of charity, for he does not
love any ungrateful sinner."

16. In verse 278 he says,
"Oh you who believe! Fear Allah and give up what remains
of your demand for usury if you are indeed believers.“
In verse 279 he says,
"If you do not, take notice of war from Allah and his
Messenger sallallahu alaihe wasallm but if you repent you
shall have your capital sum. Deal not unjustly and you shall
not be dealt with unjustly."
2:275 God has permitted trade and has
forbidden riba

18. In the second place in Surah Aal-Imran,
verse no.130 Allah says,
"Oh you who believe! Devour not usury
doubled and multiplied; but fear Allah that
you may prosper."
In the third place in Surah Al-Nisaa’ Allah
states in verse 161,
"That they took usury though they were
forbidden and they devoured peoples
wealth wrongfully; we have prepared for
those amongst them who reject faith a
grievous chastisement."

20. In the fourth place, Surah Al-Room, verse no.39
Allah mentions
"That which you give in usury for increase
through the property of people will have no
increase with Allah: but that which you give for
charity seeking the countenance of Allah, it is
these who will get a recompense multiplied."

23. These ahaadith have been taken from Mishkat-ul-Masabih
under the section of interest and the English translation has
been taken from its English version written by Al Hajj
Moulana Fazl Karim (218-227 vol. II)
Hazrat Jabir radiyallahu anhu has reported that the
Messenger of Allah sallallahu alaihe wasallm cursed the
devourer of usury, its payer, its scribe and its two witnesses.
He also said that they were equal (in sin).
(Muslim)
Hazrat Abu Hurairah radiyallahu anhu reported that the Holy
Prophet sallallahu alaihe wasallm said: A time will certainly
come over the people when none will remain who will not
devour usury. If he does not devour it, its vapour will
overtake him.(Ahmed, Abu Dawood, Nisai, Ibn Majah.)
Hazrat Abu Hurairah radiyallahu anhu reported that the
Messenger of Allah sallallahu alaihe wasallm said : Usury
has got seventy divisions. The easiest division of them is a
man marrying his mother.(Ibn Majah)

25. Hazrat Ali radiyallahu anhu reported that he heard the
Messenger of Allah sallallahu alaihe wasallm cursing the
devourer of usury, its giver, its scribe and one who refuses
to give Zakat and he used to forbid mourning.(Nisai)
Hazrat Umar bin Al-Khattab radiyallahu anhu reported: the
last of what was revealed was the verse of usury. The
Messenger of Allah sallallahu alaihe wasallmwas taken and
he had not explained it to us. So, give up usury and
doubt.(Ibn Majah, Darimi)
Hazrat Abdullah bin Hanzalah radiyallahu anhu (who was
washed by the angels) reported that the Messenger of
Allah sallallahu alaihe wasallm said: A dirham of usury that
a man devours and he knows is greater than 36
fornications.(Ahmed, Darqutni)

27. Hazrat Abu Hurairah radiyallahu anhu reported that the
Messenger of Allah sallallahu alaihe wasallm said: I came
across some people in the night in which I was taken to the
heavens. Their stomachs were like houses wherein there were
serpents, which could be seen from the front of their stomachs. I
asked: O Gabriel! Who are these people? He replied these are
those who devoured usury.(Ahmed, Ibn Majah)
Baihaqi reported from Ibn Abbas radiyallahu anhu in shuabul
iman. He added and said: (as for) one whose flesh has grown
out of unlawful food, the fire is moresuitable for him.
After narrating all these verses from the Qur’an and relating all
the Ahaadith it is apparent to us that interest could never
be legal and halal. How could anybody even take the time out to
think about a matter in which Allah has declared war on the user
and his Beloved Prophet sallallahu alaihe wasallm has cursed
him? As sensible people we can understand that what our
creator has chosen for us is for our own prosperity only.

28. " Allah decreases interest and
increases sadqah"

33. For all of you