Friday, August 12, 2016

Prohibition of the Interest

Lesson # 422

Prohibition of the Interest

Surah ‘Aali- ‘Imraan (The Family of Imran -3), Stage – 1,
Verse – 130 of 200, Section 14 of 20, (Part – 4)

In the name of God, the Beneficent, the Merciful

130.  O ye who believe! Devour not usury, doubling and quadrupling (the sum lent). And observe your duty to Allah, that ye may be successful.
130.  Yaaa-‘ayyu-hallaziina  ‘aa-manuu  laa  ta’-kulur-Ribaaa  ‘az-‘aafam-muzaa-‘afah.  Wat-taqUllaaha  la-‘allakum  tuflihuun.

Now it has been described about prohibition of the usury during the mention of the Battles of Badr and ‘Uhud. Apparently, no relationship is visible between above both matters, but there are many causes of their connection. Two important reasons of them are being stated as under:

·         Due to devouring the usury, unkindness and cordial weakness increases, because:

a.   The Spirit of obedience and loyalty does not remain more due to eating up greedily unlawful earning.

b.   The Avarice and misery grows in the human being due to devouring the usury.

·         According to a history, the aim of revelation of these both verses one after one is that at that time, matters of Usury were often running among the Jews and the Muslims, so it was very difficult to break relations with them. And in the incident of the Battle of ‘Uhud, the Jewish Hypocrites had trespassed intensely. So the Muslims were admonished that they should leave bargaining of the usury. Otherwise, willing or unwilling, the relations with these deceivers would remain established due to the usury, which would be cause of loss in future.      

‘Az-‘aafam-muzaa-‘afah – (doubling and quadrupling), it does not mean that you should not devour usury, doubling and quadrupling on the sum lent, but a little may be gotten. The fact is that during the times of ignorance, usury was used to devour in such way as nowadays, moneylenders, banks and commercial organizations get interest upon their capital. That is to say; they lend one hundred $ and that is increased doubling and quadrupling (due to compound interest). It is the characteristic of the Usury that the people, who are poor, they become poorer to poorest and who are rich, they become more and richest. This doubling and quadrupling of usury has been pointed out in this verse.
A usurer, who gets unlawful benefit from the poor and indigent people due to their weakness, he does not bear any kind of labor but eats up greedily earning of his lent money. Likewise, at first; his own body parts become disabling. On the other side, he makes the labor of borrower inefficacious. Labor and hard working of the borrower becomes valueless. He hands over/surrenders his earnings; which he earned after working hard, in the form of interest to the lender. Besides this, the helpless debtor/borrower falls into disgrace economically, socially and morally. Moreover, the person who lends the money, becomes lover of ease, dull and lazy. The spirit of striving and struggling in the Way of Allah Almighty, sacrificing and sympathizing with the creature of God Almighty is removed from his heart. He gets all sorts of comfort and other people work hard. Others earn and he eats. Poverty of the poor and wealth of the rich increases at the same time.
Transliterated Holy Qur’aan 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)