An Important Warning Against Riba
An Important Warning Against Riba
Author: Shaykh Abdul Azeez Ibn Abdullaah Ibn Baaz
Translator: Jalal Abualrub
Description: Shaikh Abdul 'Aziz ibn Abdullah ibn Baz's work, "Warning Against Riba (Usury) Transactions," refutes Dr. Ibrahim ibn Abdullah An-Nasir's claims that certain modern forms of Riba are permissible in financial institutions. Shaikh Ibn Baz emphasizes that all forms of Riba are prohibited in Islam, as clearly outlined in the Quran and Hadith. He argues that economic success does not depend on usury but on following Allah’s laws, which encourage fair and just financial practices. The Shaikh highlights the negative consequences of engaging in Riba, both spiritually and economically, and advocates for permissible alternatives like the "Salam" transaction. His central message is that Muslims must trust in Allah’s provisions and avoid any dealings that contradict Islamic principles.
