Thread: Difference Between Usury & Interest?
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Malaikah
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Default Re: Difference Between Usury & Interest? - 03-01-2008
Quote:
He then goes on to mention that proponents of this view argue that if profit on money invested in a business enterprise is permissable, why should the profit accruing on loanded money (interest) be deemed unlawful.


This reminds me of the verse:

Those who eat Ribâ (usury) will not stand (on the Day of Resurrection) except like the standing of a person beaten by Shaitân (Satan) leading him to insanity. That is because they say: "Trading is only like Ribâ (usury)," whereas Allâh has permitted trading and forbidden Ribâ (usury).

[2:275]

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