Why does Islam forbid Riba (usury)?

Why does Islam forbid Riba (usury)?

العربية español Русский ગુજરાતી 中文

Money, from an Islamic perspective, is a means of trade, exchange of commodities, services, and construction. However, when we lend money to earn a profit, we deprive money of its chief purpose as a means of exchange and development, and we turn it into a goal in itself.

Source

Categories

Related Questions

Islam teaches us that social duties must be built on love, kindness, and respect for others.

A Muslim woman seeks justice rather than equality, since equality with man causes her to lose many of her rights and a great deal of her distinctions. Let us assume that someone has two sons at the age of five and eighteen. He wants to buy each of them a ...

The Ka‘bah was mentioned many times throughout history. People used to visit it every year even from the farthest parts of the Arabian Peninsula, which showed great reverence for its holiness. It was also mentioned in the prophecies of the Old Testament: "As they pass through the Valley of Bakkah, ...

When the Lord of the worlds uses the word "We" to refer to Himself in many of the Qur’anic verses, this indicates that He alone combines all the attributes of beauty and majesty. In the Arabic language, this also indicates power and greatness. Moreover, in the English language it is ...

Muslims already have what is better than democracy, namely the Shūra (consultation) system.
Successfully sent!