Understanding Riba (USURY)

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Top 20 FREQUENT WORDS

riba 59 usury 32 prophet 16 allaah 14 allah 10 understanding 10 htm 9 qur 9 reported 9 ibn 8 muslim 8 translation 8 extra 7 peace 7 amount 6 blessings 6 books 6 credit 6 definition 6 banking 5 islamic 5 meaning 5 prohibition 5 taking 5 verses 5


DOCUMENT KEY POINTS

  • 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 o ye who believe fear allah and give up what remains of your demand for usury if ye are indeed believers
  • the timing of the revelation the following excerpts from the commentaries to the above verses speak of the timing of the revelations and the lack of opportunity for acquiring the knowledge of its shar i implications from the prophet the commentary to verse by abdullah yusuf ali usury is condemned and prohibited in the strongest possible riba
  • that they jews 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
  • the shar i implications the above explanatory notes indicate that the discord of shar i implications is from the early days of islam and not of this century or because of the present day world economy and its dependency upon the global banking system as one would like to hypothesize and place the entire blame upon
  • the commentary to verse by scholar mohammad asad mohammad asad writes in the words of ibn kathir in his commentary on the subject of riba is one of the most difficult subjects for many of scholars ahl al ilm
  • at a rate of interest higher than is allowed by law the next important question is does this literal translation of the english term usury and its interpretation as such has any support in form of a declaration by a mufti or a recorded comment by a muslim scholar the answer is yes
  • the reasoning given is if the credit card holder could be a muslim or a non muslim pays interest to the credit card company on the sum owing for that particular purchase or service received then all the parties to the transaction share the responsibility
  • prophet paid an extra amount in the sahih al bukhari under hadith number narrated by jabir bin abdullah it is recorded that the prophet repaid his debt that he owed jabir plus he paid him an extra amount
  • below is the literal translation of the hebrew word neshek used in these books as found in the strong s concordance of the bible
  • o you who believe be afraid of allaah and give up what remains due to you of riba from now onward if you are really believers
  • jaabir may allaah be pleased with him reported that the messenger of allaah peace and blessings of allaah be upon him cursed the one who consumes riba the one who gives it to others the one who writes it down and the one who witnesses it
  • a abdullaah ibn mas ood may allaah be pleased with him reported that the prophet peace and blessings of allaah be upon him said there are seventy three types of riba the least of which is as abhorrent as a man having intercourse with his own mother and worst of which is violating a muslim s honor and sanctity
  • was salaam to visit the home page or to read other articles by the author click index please send your comments to author akbarally meherally at webmaster mostmerciful dot com riba
  • nothing that is mentioned in the quoted texts resolves that issue


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DOCUMENT WORD ANALYSIS

Main Category

AlHuda Material\riba


KeyWords

riba prohibit loan transaction NA bankand vers islam quran prophet amount borrow allah profit usuria financi meanigs commodities principal increase


RELATED DOCUMENTS

Historical Riba Judgement by Taqi Usmani
Riba by Zubzir Usmani
Riba by Qazi Irfan
Understanding Riba (USURY)


DOCUMENT REFERENCES

Number of Pages

10


Published Date

2007-08-07 23:17:23


Full Document

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