Saturday, March 26, 2016

Trading is permitted but Usury is forbidden by God

Trading is permitted but Usury is forbidden by God

Surah ‘Al-Baqarah (The Cow) – Chapter – 2)
Stage – 1, Verse – 275 of 286, Section – 38 of 40 (Part 1/4th of 3)

In the name of God, the Beneficent, the Merciful

275.  Those who swallow usury cannot rise up save as he ariseth whom the devil hath prostrated by (his) touch. That is because they say; Trade is just like usury. Whereas Allah permitteth trading and forbiddeth usury. He unto whom an admonition from his Lord cometh, and (he) refraineth (in obedience thereto), he shall keep the profits of) that which is past, and his affair (henceforth) is with Allah. And as for him who returneth (to usury), such are rightful owners of the Fire. They will abide therein for ever.   
275.  ‘Allaziina  ya’-kuluunar-Ribaa  laa  yaquumuuna  ‘illaa  kamaa  yaquu-mullazii  yata-khabbatuhush-Shay-taanu  mi-nal-mass.  Zaalika    bi-‘annahum  qaaluuu  ‘innamal-Bay-‘u  mis-lur-Ribaa.  Wa  ‘ahallAllaahul-Bay-‘a  wa  harramar-Ribaa.  Faman-jaaa-‘ahuu  maw-‘iza    tum-mir-Rabbihii  fanta-haa  fa-lahuu  maa salaf. Wa  ‘amruhuuu  ‘ilAllaah.  Wa  man  ‘aada  fa-‘ulaaa-‘ika  ‘As-haabun-Naar. Hum fiihaa  khaaliduun.     


‘Ar-Ribaa – (Usury, exorbitant interest), literal meanings of this word are getting access and more than enough, particularly abundance in the capital (funds). In the expression of the Religious Law of God Almighty, it means ‘the interest on the real loan’ or to gain without retaliation and to want more on actual wealth. Near Arabs, it meant that superfluous sum, which any creditor used to receive in retaliation and which is called interest nowadays. Some people have begun to say it profit instead of interest. In this manner, by changing the word, the truth does not change. 

Mi-nal-mass – {by (his) touch}, as the senses of a humankind use to set out due to clinging of a demon.

Maw-‘iza  tum-mir-Rabbihii – (an admonition from his Lord), that is to say; the Command that the Usury is forbidden.

Maa salafa – (that which is past), it aims that which Usury has already been taken or paid before the proclamation that the Usury is forbidden, that will not be called to a severe account. Minute inquiry will begin after announcement of clear orders and it has been strictly forbidden to swallow the Usury.

Badness Of The Usury

Before revelation of the verse “Usury as becoming unlawful and forbidden”, Allah Almighty had explained about the excellence of alms and charity. Because gentleness arises in the matters of the poor due to alms and charity, and disgust is born against impoliteness. Many evils are removed, feelings of morality, politeness, faithfulness, causing to gain others and passion to serve the humankind spring up. Therefore, their importance declared unfolding them.

Now the description about unlawfulness of the Usury begins. It is entirely opposite to the charity and alms. If the politeness increases due to charity, then cruelty increases due to Usury. Hence, the recitation of unlawfulness and forbidden state of Usury has come immediately after making mention about excellence of alms and charity, which is utmost suitable and opportune at its place.    

It has been described in this verse that on the Day of Resurrection Usurers will not be able to stand upright at the time of getting up from their graves. Rather they will suffer staggering with difficulty like insane and mad. We can see entirely same scene in this world. Moneylenders and bankers become lunatic following the money. It seems that any demon or ghost has closed them by winding round. Every time they use to think about the Usury.

Allah Almighty has mentioned the reason also about the people fallen into this condition on the Doomsday. They say, “Trade is just like Usury”, as financial profit is intent in trading, just as this financial gain also remains in view in the Usury/interest. While Trading is permitted then why the Usury is forbidden, whereas they do not know that morally and economically; the difference between Trade and Usury is too much as the difference between the sky and the earth. The moneylender gets fixed amount of Usury in each condition without fear of loss and doubt. Opposite to this; apprehension of both remains ‘profit or loss’ in the Trade, and the Merchant have to spend time, hardworking and brain etc. to save himself from the loss. Afterwards the Trade uses to end or become less, but Usury increases along with delay and duration. Up to this stage, that usually the Borrower reaches the situation of ruin and destruction.

If we consider a little thoughtfully about the reality of Usury, then a question will arise, “Hindmost this retaliation is of which thing? What is this ultimate except most ill looking of hanging-on? In view of this entire badness, Allah Almighty has forbidden the Usury/Interest for advisability and betterment of the humanity. In brief, its evils are as under:

Hardheartedness arises in the Usurer. His avarice increases. Due to wealth’s coming in hand without hardworking, indolence and laziness grows. Unevenness also comes due to spending the gratis wealth, and this wealth is wasted in luxuries. Habit of selfishness is born. Stinginess and reciprocal enmity runs over. Destruction and disgrace of indebted person exist beside also.

Allah Almighty commanded excusing the people that the person who abstains after listening to the advice and order of determining the Usury as unlawful, his previous Usury will be forgiven. But who will not refrain, he will burn in the Fire of Hell for ever.   

The people of the world changed the names of Usury. But, how its badness and results can be changed? We, the Muslims need special attention to see in to this matter. Otherwise, Law of Islam will suffer a stain due to our behavior and we shall not be able to escape ourselves from these badness.      

Transliterated Holy Qur’an in Roman Script & Translated from Arabic to English by Marmaduke Pickthall, Published by Paak Company, 17-Urdu Bazaar, Lahore, Lesson collected from Dars e Qur’aan published By Idara Islaah wa Tableegh, Lahore (translated Urdu to English by Muhammad Sharif)