يَٰٓأَيُّهَا ٱلَّذِينَ ءَامَنُوا۟ لَا تَأْكُلُوا۟ ٱلرِّبَوٰٓا۟ أَضْعَٰفًۭا مُّضَٰعَفَةًۭ ۖ وَٱتَّقُوا۟ ٱللَّهَ لَعَلَّكُمْ تُفْلِحُونَ
Yaaa ayyuhal lazeena aamanoo la taakuhur ribaaa ad'aafam mudaa'afatanw wattaqul laaha la'allakum tuflihoon
O you who have believed, do not consume usury, doubled and multiplied, but fear Allah that you may be successful.
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3:130Ayah 1200
19 ayahs in Aal-i-Imraan are strongly about God-consciousness. This is one of them.
Tafsir
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O you who believe do not exact usury twofold and severalfold read mudā‘afatan or mud‘afatan by increasing the amount to be repaid when the loan period comes to an end and delaying the request of the loan. And fear God by abandoning such usury so that you may prosper that you may triumph.
Related Hadiths
"There is no one who deals in usury a great deal (to increase his wealth) but he will end up with little (i.e., his wealth will be decreased)."
Xthe Messenger of Allah (ﷺ) cursed the one who consumes usury, the one who pays it, those who witness it and the one who writes it down.
the Messenger of Allah prohibited lending on the condition of a sale, or to have two conditions in one transaction, or to profit from what you do not posses.
"The Messenger of Allah forbade lending on the condition of a sale, selling what you do not have, and profiting on what you do not possess.
"O people, you have invented kinds of transactions, I do not know what they are, but make sure it is gold for gold, of the same weight, or silver for silver, of the same weight. There is nothing wrong with selling silver for gold, hand to hand, giving more silver than gold, but no credit is allowed. When you sell wheat for wheat and barley for barley, it should be measure for measure, but there is nothing wrong with selling barley for wheat, hand to hand, giving more barley than wheat, but no credit is allowed. And when you sell dates for dates, it should be measure for measure" And he mentioned salt, "measure for measure, and whoever gives more or asks for more has engaged in Riba.
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