Riba

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Information about Riba

Published on March 15, 2014

Author: syidasudin

Source: slideshare.net

WHAT IS RIBA IN ISLAM???

In the Islamic terminology interest means effortless profit Riba is a loan with the condition that the borrower will return to the lender more than and better than the quality borrowed

 “O you who have believed,do not consume usury,doubled and multiplied,but fear Allah that you may be successful. {Quran 3 : 130 }  “O you who believe: fear Allah and forgot what remains of usury (riba ) if you are believers. If you will not,then know of a declaration of war (against you) from Allah and His Messenger.” { Quran 2 : 278-279 }

 Al-Saba al-Muqibat : Narrated Abu Huraira : The Prophet said, “Avoid the seven great destructive sins.” The people enquire, “O Allah’s Apostle! What are they? ‘He said. “ To join others in warship along with Allah, to practice sorcery, to kill the life which Allah has forbidden except for a just cause, (according to Islamic law), TO EAT UP RIBA (USURY) to eat up an orphan’s wealth, to give back to the enemy and fleeing from the battlefield at the time of fighting, and to accuse, chaste women, who never even think of anything touching chastity and are good believers. [Sahih Al Bakhari, Sahih Al Muslim]  Abu Hurairah R.A. reported that the Messenger of Allah said : Usury has got seventy divisions. The easiest division of them is a man marrying his mother. [Ibn Majah]

Rasulullah S.A.W. said :  “May Allah curse him who eats of usury (riba ) or feeds it to another.” [Sahih Muslim ]  “The Messenger cursed whoever eats of riba, feeds another with it, writes an agreement involving it, or acts as a witness to it.” [Sahih Muslim]

Mohd Azam Bin Abdul Aziz (1132521) NurZulHelmee Bin Mohd Ayub Khan (1132634) Nurul Hikmah Binti Abdullah (1131120) Siti Fatimah Binti A Jalil ( 1131107) NorHasyida Binti Sudin (1131074)

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