The Prohibition of Riba in Islam: Principles and Implications
Islam forbids Riba (Usury) because it promotes unfairness and exploitation, and Islamic rules aim to ensure fairness and protect people from unjust financial practices. What is Riba in Islam? Riba (Arabic: الربا), which originates from the Arabic word meaning “to increase” or “to exceed,” is commonly associated with excessive charges for borrowing money. In Islamic […]
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