Aadaab of Business and Dealings – Part 12

1. It is not permissible for one to get involved in interest bearing transactions. The giving and taking of interest are both haraam in Islam.

وَأَحَلَّ اللَّـهُ الْبَيْعَ وَحَرَّمَ الرِّبَا ﴿البقرة: ٢٧٥﴾

And Allah has permitted sale and prohibited riba – interest.

الَّذِينَ يَأْكُلُونَ الرِّبَا لَا يَقُومُونَ إِلَّا كَمَا يَقُومُ الَّذِي يَتَخَبَّطُهُ الشَّيْطَانُ مِنَ الْمَسِّ ﴿البقرة: ٢٧٥﴾

Those who consumed interest will rise (on the Day of Qiyaamah) like the one who has been afflicted by the evil touch of Shaitaan.

فَإِن لَم تَفعَلوا فَأذَنوا بِحَربٍ مِنَ اللَّـهِ وَرَسولِهِ ﴿البقرة: 279﴾

“If you do not do so (desist from dealing in interest) then be prepared to wage war against Allah and His Rasul (Sallallahu Alayhi Wasallam).”

 

عن عبد الله بن حنظلة غسيل الملائكة قال قال رسول الله صلى الله عليه وسلم درهم ربا يأكله الرجل وهو يعلم أشد من ستة وثلاثين زنية ( مسند أحمد رقم 21957)

Hazrat Abdullah bin Hanzalah (Radhiyallahu Anhu) reported that Rasulullah (Sallallahu Alayhi Wasallam) said: “Consuming one dirham of riba knowingly is worse than committing zina thirty-six times.”

عن جابر قال لعن رسول الله صلى الله عليه وسلم آكل الربا وموكله وكاتبه وشاهديه وقال هم سواء ( صحيح مسلم رقم 1598)

Hazrat Jaabir (radhiyallahu anhu) reports that Rasulullah (Sallallahu Alayhi Wasallam) cursed the one who consumes interest, pays interest, the scribe of the interest-bearing deal and the witness to such a deal.”

عن ابن مسعود أن النبي صلى الله عليه وسلم قال الربا وإن كثر فإن عاقبته تصير إلى قل (مسند أحمد رقم 3754)

Hazrat Abdullah bin Mas’ood (Radhiyallahu Anhu) reports that Rasulullah (Sallallahu Alayhi Wasallam) said: “No matter how much the interest may be, it will result in decrease (of wealth).”