Quran Explained. 8 - Chapter 2 The Cow (Surah Al-Baqarah), Verses 275-286 & Chapter 3 The Family of Imran (Al-'Imran ), Verses 1-32
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Quran Explained. 8 - Chapter 2 The Cow (Surah Al-Baqarah), Verses 275-286 & Chapter 3 The Family of Imran (Al-'Imran ), Verses 1-32
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Chapter 2 The Cow (Surah Al-Baqarah), Verses 275-286
In Islam, interest (or usury) is considered forbidden because it is viewed as exploitative and harmful. Charging interest on loans is seen as a way of taking advantage of someone's financial difficulties and profiting from their misfortune. Islam encourages the principles of cooperation and mutual support, and forbidding interest is seen as a way of promoting fairness and social justice. Additionally, interest is seen as a means of creating an unjust distribution of wealth and perpetuating economic inequality. Instead of charging interest, Islam promotes the idea of providing loans as acts of charity and helping others in need.
All commercial deals should be recorded and written in the presence of witnesses.
Parable of a single grain teaches that giving one pound in charity will earn seven hundred pounds.
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