Dervish » Blog Archive » Why riba (usury) incurs war from God

Why riba (usury) incurs war from God

May 14th, 2008

For some time finance houses had teamed up with retailers to shower so-called gold and platinum cards on all and sundry, with the hope of ratcheting up consumer debt and subsequently charging an annual 18 or 20 per cent on money for which the banks themselves were paying 3 or 4 per cent. These high rates of return whetted the banks’ appetite for dubious lending.

There is a reason why usury is so evil, it’s because greed can impact our lives in such a devastating way. And if you think you’re immune from riba because you don’t have a credit card or a bank loan, think again.

(Hijab flutter to Kim from Larvatus Prodeo)

4 Comments to “Why riba (usury) incurs war from God”

…::MvMuslims::… » Blog Archive » Links: 14-May-2008 | May 15th, 2008 at 3:35 am

[…] Why riba (usury) incurs war from God […]
dawood | May 15th, 2008 at 8:42 am

It is really icky and scary stuff - everything is tainted and connected to it in some way.
Umm Layth | May 15th, 2008 at 8:47 am

as salamu ‘alaykum

I was just listening to Shaykh Nuh speak about the two reasons that Allah calls war on us: usury and showing enmity to those He loves, subhanallah.

One day these people who take usury will wake up, be it by choice or not, and if not by choice it won’t be good for them one bit. May Allah protect us.
ummyasmin | May 15th, 2008 at 5:43 pm

Subhanallah it really is a cancer in our society.

Polls

Which of the following *best* describes what you believe?

I'm a Muslim but I am not religious. I come from a Muslim culture, and I visit family and friends at Eid time, but I am not interested in religious rituals like praying and fasting
Muslim societies need to be purified from un-Islamic innovations including blind imitation of schools of law, and superstitions such as worshipping at tombs
The ummah should gather together to fight against the humiliation of Islam at the hands of the imperial West.
Islam is a complete way of life, and society should be ruled according to the laws of Allah, not the laws of man. Muslims should reject the jahiliyyah of westernization.
Religion should be a private affair, and society should not be ruled by any religious ideology, including Islam.
The classical schools of law should be implemented in society, with due reverence for the opinions of the imams and key figures within each school of law
Islamic societies need to be reformed through re-implementing the use of ijtihad. The use of reason does not necessarily clash with revelation, and Muslim societies can be revivified and modernised.
Much of Islamic law needs to be reinterpreted to meet progressive modern concepts of human rights, gender equality, and pluralism.