Loading... Please wait...When the poor are permanently poor, and the rich are permanently rich, this is oppression! When the poor are growing poorer, and the rich, richer, then it will end in slavery. All around the world today that economic oppression exists and it is constantly increasing. Riba is the cause! In fact the system is a system of legalised theft.
Islam has strictly prohibited Riba, yet the world today, including the Muslim world, is saturated in Riba. This book attempts to present the otherwise complex subject of Riba in a way which is simple and easily comprehensible. It also refutes the false opinions that modern banking 'Interest' in not Riba, - that borrowing on interest for housing etc., is permissible because of the doctrine of necessity (darura), - that borrowing on interest in western countries is permissible because these countries are Dar al-Harb, - and that buying 'cash' and selling 'credit' with a 'mark-up' (see Muslim Credit Union) is permissible because it is not Riba.
All those opinions are false and extremely dangerous. All these transactions are Riba and, thus, Haram!
The book also has an Appendix of Questions and Answers on Riba
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