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Usury- Lending money on interest - The Institute for Studies of the Quran

Usury- Lending money on interest​

Answer

You who believe! Have fear of Allah and forgo any remaining usury if you are believers. If you do not, know that it means war from Allah and His Messenger. But if you repent you may have your capital, without wronging and without being wronged. (2:278-279)

Answer:

  1. Those who practise usury will not rise from the grave except as someone driven mad by Satan’s touch. That is because they say, ‘Trade is the same as usury.’ But Allah has permitted trade and He has forbidden usury. Whoever is given a warning by his Lord and then desists, can keep what he received in the past and his affair is Allah’s concern. But all who return to it will be the Companions of the Fire, remaining in it timelessly, forever. (2:275)
  2. And because of their practising usury when they were forbidden to do it, and because of their consuming people’s wealth by wrongful means, We have prepared for the disbelievers among them a painful punishment. (4:161)

Answer:

Allah obliterates usury but makes charity grow in value! Allah does not love any persistently ungrateful wrongdoer. (2:276)

Answer:

You who believe! Do not feed on usury, multiplied and then remultiplied. Have fear of Allah so that hopefully you will be successful. Have fear of the Fire which has been prepared for the disbelievers. (3:130-131)

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