Riba is the receiving, paying or charging of interest on loans or deposits, something forbidden by Islam. Islam, in addition to being a religion and system of civil and martial law, also contains many elements of economic policy, this being one. But do you want to know how bad Riba is? Check this out:
Muslim (1598) narrated that Jaabir (may Allaah be pleased with him)said: The Messenger of Allaah (peace and blessings of Allaah be upon him) cursed the one who consumes riba and the one who pays it, the one who writes it down and the two who witness it, and he said: they are all the same.
And he (peace and blessings of Allaah be upon him) said: “A dirham of riba that a man consumes knowingly is worse before Allaah than committing zina thirty-six times.”
Narrated by Ahmad and al-Tabaraani; classed as saheeh by al-Albaani in Saheeh al-Jaami’ no. 3375.
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