Riba by Zubzir Usmani

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Top 20 FREQUENT WORDS

riba 13 islamic 9 reported 9 banking 7 prophet 7 allah 6 hazrat 6 bin 5 commercial 5 goods 5 loan 5 authority 4 ibn 4 usury 4 abdullah 3 abu 3 adultery 3 classification 3 exploit 3 hakim 3 jahiliya 3 khathim 3 nasiyah 3 paid 3 wealth 3


DOCUMENT KEY POINTS

  • henceforth if one abstains from taking interest after receiving this admonition from his lord no legal action will be taken against him regarding the interest he had devoured before his case shall ultimately go to allah
  • they have been condemned to this condition because they say trade is just like interest whereas allah has made trade lawful and interest unlawful
  • o believers fear allah and give up that interest which is still due to you if you are true believers but if you do not do so then you are warned of the declaration of war against you by allah and his messenger
  • if however you repent even now and forgo interest you are entitled to your principal do not wrong and no wrong will be done to you
  • hazrat jabir ibn e abdullah i has reported the prophet to have cursed those who charge interest those who pay it those who write documents pertaining thereto those who keep the accounts of such matters and those who sign as witness
  • he said that they are all equal in this crime
  • the second is the one who devours interest the third is the one who devours the wealth belonging to an orphan without any justification therefore and the fourth is the one who is disobedient to his parents
  • this has been reported by hakim on the authority of ibrahim bin khathim bin irak and he ibrahim reported it on the authority of his father khathim and he khathim reported it on the authority of hazrat abu hurairah i hakim has classified it as an authentic saying
  • it has been reported by hazrat hanzala bin abdullah i who was given a bath by the angels that the prophet said devouring a dirham of interest is worse than committing adultery times provided one is aware that he is utilizing money earned by way of interest
  • this saying has been reported by imam ahmed and tibrani
  • another version is that the prophet said howsoever much the interest may appear to be in quantum the end result is that it reduces the wealth
  • note abdul razzaq who is considered an authority on hadith has reported from moammar that moammar said to have heard that not years lapse on business involving interest and it suffers a loss or an accident which causes a loss
  • it does not exploit the poor while consumption interest or usury exploit the poor
  • validity of a transaction is not based on the financial status of a party like sale leasing etc
  • when some thing is prohibited it is not directed to a particular form of it but it covers every form which comes in its general sense e
  • gambling and pork liquor and adultery are as haram now as they were in jahiliyyah
  • doctrine of necessity and wisdom requires to allow it it does not it is not at all a necessity in shariah
  • even from economic point of view the modern interest has brought more harm to the humanity than the premature forms of usury


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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

17


Published Date

2016-09-17 00:52:47


Full Document

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