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Interest (Riba)

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Description: Explores the concept of Riba (charging of interest on a loan) by reference to the Qur'an, Hadith, and the schools of law.
By A Student of Darul-Uloom, Bury, U.K.
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Page title:Interest (Riba)
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Description:The literal meaning of interest or Al-RIBA as it is used in the Arabic language means to excess or increase. In the Islamic terminology interest means effortless profit or that profit which comes free from compensation or that extra earning obtained that is free of exchange.
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