Sunday 25 May 2014

Riba Closer To Home



The hour is truly near. Riba draws ever closer to home. There are businesses that lets you lend your money to other people and gain interest from it. Muslims, please stay away from Lendingclub, Prosper and others like it. Do not see it as an investment. Do you truly want to wage war against God?

Those who consume interest cannot stand [on the Day of Resurrection] except as one stands who is being beaten by Satan into insanity. That is because they say, "Trade is [just] like interest." But Allah has permitted trade and has forbidden interest. So whoever has received an admonition from his Lord and desists may have what is past, and his affair rests with Allah . But whoever returns to [dealing in interest or usury] - those are the companions of the Fire; they will abide eternally therein.| 
Allah destroys interest and gives increase for charities. And Allah does not like every sinning disbeliever.| 
Indeed, those who believe and do righteous deeds and establish prayer and give zakah will have their reward with their Lord, and there will be no fear concerning them, nor will they grieve.| 
O you who have believed, fear Allah and give up what remains [due to you] of interest, if you should be believers.| 
And if you do not, then be informed of a war [against you] from Allah and His Messenger. But if you repent, you may have your principal - [thus] you do no wrong, nor are you wronged.|  
And if someone is in hardship, then [let there be] postponement until [a time of] ease. But if you give [from your right as] charity, then it is better for you, if you only knew.| 
And fear a Day when you will be returned to Allah . Then every soul will be compensated for what it earned, and they will not be treated unjustly.
2.Surat Al-Baqarah (The Cow) 275-281


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