Friday, November 15, 2013

Riba_Interest in Quran

Riba (Usury) is of two major kinds:
• Riba An-Nasia - Interest on lent money
• Riba Al-Fadl - Taking a superior thing of the same kind of goods by giving more of the same kind of goods of inferior quality, eg.,dates of superior quality for dates of inferior quality in great amounts.

About Interest / Riba / Usury:

Surat Al-Baqarah [2:275-276 ]

[Translation by Muhsin Khan]
"Those who eat Interest /Riba (usury) will not stand (on the Day of Resurrection) except like the standing of a person beaten by Shaitan (Satan) leading him to insanity. That is because they say: "Trading is only like Interest/ Riba (usury)," whereas ALLAH has permitted trading and forbidden Interest / Riba (usury). So whosoever receives an admonition from his Lord and stops eating Interest/ Riba (usury) shall not be punished for the past; his case is for ALLAH (to judge); but whoever returns [to Riba (usury)], such are the dwellers of the Fire - they will abide therein. (275)
Allah will destroy Riba (usury) and will give increase for Sadaqat (deeds of charity, alms, etc.) And Allah likes not the disbelievers, sinners. (276)
"

www.Quran.com/2/275-276
#Translation #Interest #Riba

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