ISLAM AND THE WEST - 57

 RIBA (INTEREST/USURY)

 

“Those who take riba (usury or interest) will not stand but as stands the one whom the demon has driven crazy by his touch. That is because they have said: ‘Sale is but like riba.’, while Allah has permitted sale, and prohibited riba…” (2:275)

 

“Allah destroys riba and nourishes charities…” (2:276)

 

“O’ you who believe, fear Allah and give up what still remains of riba, if you are believers. But if you do not (give it up), then listen to the declaration of war from Allah and His Messenger…” (2:278-279)

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