Prophet Mohammad (pbuh) cursed the one who deals with Riba (Interest). From Jabir (ra): The Prophet (pbuh) cursed the receiver and the payer of riba (Interest), the one who records it and the two witnesses to the transaction and said: They are all alike [in guilt]. [Sahih al-Muslim, Sahih Al-Bukhari, Tirmidhi, Ibn Majah, Bahiqi and Musnad Ahmad] Islamic Shariah considers Riba (Interest) as tool of oppression and a mean to unjustly take others money[6] by exploiting their needs and circumstances. Hence it forbid Riba (interest) base system altogether and it promotes Charity as an alternative. Therefore,, Prophet Mohammad (pbuh) said: “God has judged that there shall be no riba (Interest)” [Last Sermon].
Posted on: Mon, 15 Sep 2014 10:21:27 +0000
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