Timeline for What are the underpinnings of the prohibition against interest, in sharia and fiqh?
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Dec 23, 2021 at 14:50 | comment | added | Robert Hannah | To clarify my question, I was looking for a clearer reference to sharia when people say "the sharia prohibits interest ... " Riba is not defined in the Quran, and it seems we have various interpretations of ahadith as Prof Farooq notes. | |
Dec 23, 2021 at 14:26 | comment | added | Robert Hannah | Thank you for your replies. The hadith from Caliph Umar is: From Umar ibn al-Khattab: The last verse to be revealed was on riba and the Prophet, peace be on him, was taken without elaborating it to us; so give up not only riba but also ribah [whatever raises doubts in the mind about its rightfulness] (Ibn Majah). Also, the saying "every loan that draws benefit is riba" is from ibn Sahyba, and even Mufti Usmani accepts it as being weak. | |
Dec 21, 2021 at 20:38 | comment | added | The Z | There are plenty of narrations from the Prophet that explicitly forbid any unequal exchanges of currency as being riba among which are: sunnah.com/muslim:1596a. People who use some vague narrations of Umar (RA) saying riba was not explained entirely are grasping at straws. Even if some of it was left unclear, some of it is pretty clear among which is the obvious riba of interest loans. | |
Dec 21, 2021 at 18:52 | comment | added | ahmad nazeem | When saying the meaning our beloved prophet PBUH attached to riba, what Hadith are you referring to?. And what's the reference for the Hadith about Umar (RA) was unsure about it?. I believe our prophet PBUH has defined riba in unambiguous terms as he said every loan that draws benefit is riba (suyuti, ibn shaybah). | |
S Dec 21, 2021 at 17:26 | review | First questions | |||
Dec 21, 2021 at 18:22 | |||||
S Dec 21, 2021 at 17:26 | history | asked | Robert Hannah | CC BY-SA 4.0 |