Usury

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Meaning of Usury

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Taking money or profit on a loan.

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Usury in Islam

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Usury is absolutely forbidden in Islam.

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Translation of Surat Al-Imran: 130

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"O you who believe, do not eat up the amounts acquired through riba (usury or interest), doubled and multiplied. Fear Allah, so that you may be successful."

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Usury in the Holy Quran

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Usury is described as equivalent to war with Allah and His Messenger.

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Usury in Religions

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Usury has always been illegal in every religion, including Judaism and Christianity.

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The virtues of trade and honest merchants.

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An honest merchant is promised high ranks on the Day of Resurrection.

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Reward for giving charity.

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Charity is rewarded ten times, and lending money is rewarded eighteen times.

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Hazrat Umar Farooq's practice with loans.

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He would forgive the loan when it was time to repay, gaining rewards for both lending and charity.

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Allah's stance on charity and profit.

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Allah increases charity and destroys profit.

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Meaning of usury.

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Usury involves charging interest on loans, which is prohibited in Islam.