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Riba: Usury or Interest IIPH (English)

Riba: Usury or Interest IIPH (English)

الربا حكمه وبدائله

Imtiaz Ali (author)

Publisher: Darussalam

Riba: Usury or Interest by Imtiaz Ali offers a concise yet comprehensive exploration of the Islamic perspective on riba (usury/interest). Ideal for students, general readers, and seekers of authentic Islamic knowledge, this booklet elucidates the prohibition of riba in Islam and its implications in contemporary financial systems. Darussalam +3
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Detailed Description

In the modern financial landscape, the practice of charging interest has become commonplace. However, Islam unequivocally prohibits riba, considering it a grave sin with severe consequences. Riba: Usury or Interest by Imtiaz Ali delves into this critical subject, shedding light on the concept of riba, its historical context, and its prohibition in Islamic teachings.

Significance in Islamic Teachings

The Qur'an sternly warns against engaging in riba:

"O you who have believed, fear Allah and give up what remains [due to you] of interest, if you should be believers. And if you do not, then be informed of a war [against you] from Allah and His Messenger."
Surah Al-Baqarah (2:278-279)

This booklet emphasizes the spiritual and societal harms of riba, urging Muslims to adhere to Islamic financial principles.

Key Features

  • Author Background: Imtiaz Ali is a respected Islamic scholar known for his works on Islamic jurisprudence and finance.

  • Comprehensive Coverage: The book discusses:

    • Definitions of usury, interest, and riba

    • Riba in pre-Islamic Arabia

    • Qur'anic verses and Hadiths on riba

    • Reasons for the prohibition of interest in Islam

    • Perspectives of non-Muslims on interest

    • Interest-free banking systems in the Muslim world

    • Case studies, including interest practices in Trinidad and the Muslim Credit Union

  • Authenticity: Grounded in the Qur'an and authentic Hadiths, ensuring reliable guidance.

  • Accessible Language: Written in clear English, making complex concepts understandable for all readers.

Benefits for the Reader

  • Spiritual Growth: Enhances understanding of Islamic financial ethics.

  • Knowledge Enhancement: Provides insights into the detrimental effects of riba on society.

  • Practical Application: Offers guidance on avoiding riba in personal and business transactions.

Frequently Asked Questions

1. What is this book about?

This book explores the concept of riba (usury/interest) in Islam, its prohibition, and its implications in modern financial systems.

2. Who is it for?

It's suitable for students, general readers, and anyone interested in understanding Islamic financial principles.

3. Is this book authentic?

Yes, it is based on the Qur'an and authentic Hadiths, ensuring reliable guidance.

4. What language is it in?

English.

5. Does it have commentary or explanation?

Yes, it includes detailed explanations and real-world examples to illustrate the concept of riba.

6. Is it suitable for beginners?

Absolutely, it's designed to guide both beginners and advanced learners.

7. What is the size and format of the book?

Paperback, 14 x 21 cm, 36 pages, weighing approximately 150 grams.

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