Post by account_disabled on Mar 11, 2024 3:49:29 GMT
As it is known, interest is an unfair gain earned in debt transactions, purchases and sales and forward money businesses. What is the prohibition of interest in Islam, why is it prohibited? What are the types of interest according to Islam? We answered all these questions for you. The purchase of additional money on the principal amount at rates such as one to one or two to one is called interest. Although interest is a well-known concept both among countries and among individuals, there is also a consensus that it is unfair gain. Interest, which is one of the things that are frequently questioned in terms of Islam, is clearly stated among the things that are strictly forbidden in religion. Interest, derived from the Arabic word 'riba', means multiplication, increase, benefit.
Interest, which means an unreasonable increase UK Phone Number in the relationship between two different things, is also a concept associated with maturity. This concept is evaluated on the basis of borrowed money. In fact, interest corresponds to the same concept in its current meaning. Today, interest is charged on every loan taken from banks, which is legal in our country as in other countries. Interest, which is one of the things that Islam strictly forbids, is not welcomed at all because it corresponds to a system in which capital remains in the hands of a certain group, causes injustice and the people are exploited. Let's take a look at the details of interest, which is quite contrary to Islam.
What is the Prohibition of Interest in Islam ? One of the most fundamental prohibitions of Islamic economics is the prohibition of interest. There are many verses in Islam stating that interest is one of the biggest sins. In fact, usury is like declaring war on both Allah and His Prophet. Such a serious term has never been used for almost any sin. According to the Islamic religion, interest is seen as religiously objectionable because it is shown and interpreted as the biggest reason for the exploitation of people, leading people to laziness, increasing indolence, and at the same time. Interest, which puts halal earnings in the background and even prioritizes haram, is therefore religiously prohibited. Unfortunately, this situation will be reflected on consumers, especially since loans given for production purposes have high interest rates.
Interest, which means an unreasonable increase UK Phone Number in the relationship between two different things, is also a concept associated with maturity. This concept is evaluated on the basis of borrowed money. In fact, interest corresponds to the same concept in its current meaning. Today, interest is charged on every loan taken from banks, which is legal in our country as in other countries. Interest, which is one of the things that Islam strictly forbids, is not welcomed at all because it corresponds to a system in which capital remains in the hands of a certain group, causes injustice and the people are exploited. Let's take a look at the details of interest, which is quite contrary to Islam.
What is the Prohibition of Interest in Islam ? One of the most fundamental prohibitions of Islamic economics is the prohibition of interest. There are many verses in Islam stating that interest is one of the biggest sins. In fact, usury is like declaring war on both Allah and His Prophet. Such a serious term has never been used for almost any sin. According to the Islamic religion, interest is seen as religiously objectionable because it is shown and interpreted as the biggest reason for the exploitation of people, leading people to laziness, increasing indolence, and at the same time. Interest, which puts halal earnings in the background and even prioritizes haram, is therefore religiously prohibited. Unfortunately, this situation will be reflected on consumers, especially since loans given for production purposes have high interest rates.