The Prohibition of Riba (Interest) by Sh Imran Hosein
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- เผยแพร่เมื่อ 7 ธ.ค. 2011
- Riba is usury. Usury is commonly understood as the lending of money at illegally high rates of interest. But riba, or usury, in Islam is the lending of money on interest, regardless of the rate of interest! When money is lent on interest, then money by itself, independent of any labor or effort, or the assumption of any risk, increases over time. The increase is realised through the exploitation of labor, goods or property since Allah, the Most High, has unambiguously declared that nothing can be had without effort or labor(6:85, 11:85, 26:183, etc.).
Riba is also at work when wealth is sucked from the masses through deception and other forms of fraud. Such, for example, is the case of paper, plastic and electronic money. There is also riba in speculative transactions. More than 60% of all money transfers in the world economy today represent speculative transactions.
"O believers, fear God, and give up the interest that remains outstanding if you are believers. If you do not do so, then be sure of being at war with God and His messenger. But, if you repent, you can have your principal. Neither should you commit injustice nor should you be subjected to it". (The Qurán 2:278-279)
Produced By One Islam Productions
www.1islam.net
This brother is truly blessed by almighty Allah and he's on the straight path
3:00 Riba
7:30 Interest
9:00 You cannot reap if you did not plant
13:00 Process to eradicate
33:00 Bukhari Hadith
51:10 Sunnah money
57:00 Bretton Woods
Religion and Rise of Capitalism
Cheers mate
I watch this video again and again,, my respect and my live getting encrease to this seikh,, one of the best ulamaa in this age,,, Allah still and always give his guidence to this ummah ,,,,
the best scholar of our time, alhamdulillah
This is a respectable man!
We need more imam like this one brother may Allah almighty increase in knowledge
no he didnt have any answer when the imam asked him about rent he just talk about dajjal and dont resolve our problem
Is just very sad with all the great work he's doing masha Allah to educate and help the scholars of Islam and those who are leading us in Muslim's countries an who are ignorant of this type of knowledge I don't understand them they're not listening to him oh they just don't care and are prepared to face the consequences in the day of judgement because nobody can deny what he saying he speak the truth the entire African continent it's blessed with every blessing. God can Bless a country's with yet every time they have to go borrowing money from the evil IMF and still yet most the population ar very very poor so sad
Ameen
Ameen yaa rabbi
The best summary on monetary history and usury I've heard to date!
No one takes Riba seriously.Everyone loves this world and the money.People think Allah is stupid enough to forgive all sins.
They don't want to remember he is also severe in he's punishment May the Almighty Allah forgive all of us all in Riba
My family was trying to pressure me into getting a morgage with riba, I refused many times and had also explained how dangerous riba is and they called me a Idiot because some questionable imam said it is permitted (apperently Imams and shaykhs cannot sin)...
I would try to explain the Quran majeed is our primary and most important source as it is from Allah SWT and that our beloved master Nabi Muhammad (Peace be upon them and their family) like all prophets and messengers (peace be upon them all) was against riba, my family and community would argue against this and say this and that imam said you can once and only once....
I would then try to explain there is no one higher or on the same level as Allah SWT and if our creator says no to riba then it is a command we must follow, our beloved master Nabi Muhammad (Peace be upon them and their family) also spoke out against Riba.
Yet again they would call me the idiot and say that Imam was a big imam and they said you can and it seemed thats all they payed attention to, some imam who said it is okay (going against Allah SWT and all the prophets and messengers of Allah SWT (Peace and blessings be upon them all))
It wasn't until I prayed and asked allah to help me and give me the strength to refuse riba that my family and the community got off my case...
May Allah make us all strong and may he forgive those that were fooled into accepting riba 😭😭😭
IstafirAllah my brother. Fix your sentence regarding Allah my brother. please my brother
@@I-Want-The-Truth avoid housing loan, now plenty of buyers in loss due to price getting lower due to economic stress...
if still wanna buy home for your family, buy at lowest price not the biggest house u could afford...
@@muhammadhafizudinidris1592 alhamdulilah I avoided and avoided and avoided and now am living whilst renting. Also my rent is covered by my taxes alhamdulilah 🤲🏽
May Allah bless Shaykh Imran Hosein..
Malaysia and Indonesia has experience economic recess by this kind of exploitation of international monetary system
Legendary lecture
Shaekh.Allah( Subhanahu wa ta'ala) will give you so much reworded in the next life.Ameen.
[[[ALLAH, THE JUST ONE 💝 YOU ARE MY GREATEST WITNESS]]]
Sheikh Imran always makes me laugh with his sarcastic humour
May Allah extricate us in the day of judgment.ان شاء الله
My family was trying to pressure me into getting a morgage with Riba, I refused many times and had also explained how dangerous riba is and they called me a Idiot because some "questionable" imam said it is permitted (apperently Imams and shaykhs cannot sin & even have the authority to change the rules of Allah SWT from the quran which honestly is bidah)...
I would try to explain the Quran majeed is our primary and most important source as it is from Allah SWT and (that hadith are secondary) our beloved master Nabi Muhammad (Peace be upon them and their family) like all prophets and messengers (peace be upon them all) were and still are against riba, my family and community would argue against this and say things like this and that imam said you can accept riba once and only once, that is permitted....
I would then try to explain there is no one higher or on the same level as Allah SWT and if our creator says no to riba then it is a command we must follow, our beloved master Nabi Muhammad (Peace be upon them and their family) also spoke out against Riba.
Yet again they would call me the idiot and say that Imam was a big imam and they said you can and it seemed thats all they payed attention to, some imam who said it is okay (going against Allah SWT and all the prophets and messengers of Allah SWT (Peace and blessings be upon them all))
It wasn't until I prayed and asked allah to help me and give me the strength to refuse riba that my family and the community got off my case...
May Allah make us all strong and may he forgive those that were fooled into accepting riba 😭😭😭
I understand ub feeling
2019 and this Sheikh is ahead of the game
2023 and still he is the only one having the right grasp of things happening around us.
Alhamdulillah I came across this video. Sheikh may Allah bless you with Jannah🤲🏾 for revealing the truth ❤
WoW great lecture ❤
when my blood becomes so thirsty, when my tears turn bloody and i feared that path leading to hell, I sought the Qur’an You are a garden keeping us alive You are a source of knowledge for scholars You are the rain cloud that we are expecting and the sky above it is the Qur’an’
i reflect upon its verses so i found comfort inside the pages and i took a sip from its scent, how sweet.. is the Qur’an’
Guided through the Qur’an’ living it is the sweetness of life, longing to the Lord, coming to Him to Him i submit my soul
Oh you, who descended the Qur’an’ as brightness upon Ahmad i felt peacefulness when the clarity began oh Allah keep me steadfast on the righteous path
سُبْحَانَااللّهَ
very good.
MashaAllah 🤍
May Allah give you more lives 🤍
9 syawal 1445. Maksudnya: “Emas dijual dengan emas, perak dengan perak, gandum dengan gandum, barli dengan barli, tamar dengan tamar, garam dengan garam, timbangan dan beratnya mesti sama, dibayar secara serta-merta (bukan bertangguh). Namun, jika jenis dan kategori barangnya berbeza, maka berjual belilah mengikut yang kamu kehendaki dengan syarat mesti dibayar secara serta-merta (on the spot)”. Hadis Muslim (1587)
May Allah bless our great cheikh
Tranks Kane
Great Sheikh
Prophet Muhammad peace be upon him of almighty Allah talk about all of this and brother and sister need to listen to his farewell speech .
You r absolutely right islamic banks are same as conventional banks.
Subhanalla
Remarquable man, definitly
I need duas my brothers and sisters as my family wants me to buy a home on morgage which has alot of riba, now these so self proclaiming scholars these school boys have all said its permitted to buy one house with morgage/riba.
I still dont believe it is please do dua for me im really struggling 😖
Assalammo Alaykum.Sheykh Ramadan Kareem this nice Lecture
Wa alaykum asalam
May almighty Allah bless you brother you remember me of Imam WD Muhammad when he used too talk about this May imam WD Muhammad may almighty Allah protect him from the tournament of the grave and bless him to rest in peace.
ok, i'm in Indonesia, i'll be waiting for u guys :)
Almost a lecture on inflation
this is still understandable at 1.5x speed
Yes. But to sink it in it is better heard event slowly
Salaam alaikum like your Dawah Sheik.
in my opinion a good explanation why stocks (halal businesses) are halal
سبحان الله
May Allah forgive us!
Need to meet Shaikh. May Allah bless me a chance for it.
People are not Born fools people are make into fools by government and corrupt country
la ilah ila lah
La ilaha ila Allah
15:05 zakat is not voluntary, it is actually mandatory
He states that this verse was revealed Before zakah became mandatory, so it refers to the charity they were giving at that time
And Allah knows best
@@wakar92 Alright
Assalamualaikum Sheikh Imran and all.
I always watched Sheikh video about Riba' and he always said I s l a m i c F i n a n c e (IF) is backdoor Riba'.
My questions to Sheikh and anyone who can answer:
1. In current living conditions, we need car and house as basic needs (atleast one for each family). How can we acquire those assets without financing? to wait our savings enough to buy those assets (car, hour or land) will take long time (can be 10-30years). Some people living in area (due to working requirements) where house or land price are very expensive in certain areas.
Most people use darurah reason to allow themselves to apply financing as they see that IF can be less harm choices compare to conventional loan.
2. What is the solution for this problem? Can we strengthened back the baitulmal institution to collect Zakah and Jizyah and finance to those who needed without any charges?
As per my knowledge, baitulmal was well established during time Saidina Umar Al Khattab.
As of now, I can't find any video for the solution from Sheikh Imran.
Jazakallah Khair.
Wa alaykum asalam wa rahmatulahi wa barakatu
Allah says whoever fears Allah he will make for him a way out
@@karimdaghmash7853 You are correct in your keen observation. Allahu Akbar.
You are correct, and I will make dua for you. Is a preacher in luxurious conditions earning that which is unlawful? Allahu Akbar.
There is a people who love Riba. As they don't believe in God, they believe in Riba, a golden calf and deceit in stead. Apparently, they changed the Words of God, said 'This is from Allah!' and made a profit selling these words. Shaitan has those loyal to him on earth today. And don't you dare critizising them. They suck your blood. Some day this people may have to answer for themselves. It seems likely even.
Investigate the percentage they constitute of the total of the Biden administration, the members of the Senate and of the members of the House of Respresentatives. America first? You have got to be joking.
May Allah reward Sheikh Imran Hosein (RA).
👍🏽
Please tell about installment business.
brother.what about the intrest in gurunteed isuarence investment and other investments
Salaam alaikum brothers and sisters do not do dhikr when you listen to dawah quran qutbah , because then you are neglecting the rights and duties of the target.
This is why America never was a great country or great Nation and all the other countries and especially Israel and America
Can somebody please provide the reference of the Hadith about Abdullah ibn Abbas saying that the last revelation is ayat number 279 to 281 of Surah Al Baqarah.
What do you mean? Didn’t u type out the information to go back and reference?
Last revelation on the subject of riba
When it comes to identifying the last verse of the Qur’an, scholars have shown disagreement and uncertainty. There are several different views according to the ahadiths
i can not find out when in the time the turkish lira was so down that 1.5 million lira=1 dollar can anybody tell me. rest of the lecture is meaningful
Farha Anjum Read this article : en.m.wikipedia.org/wiki/Revaluation_of_the_Turkish_lira
Me
Riba'... Times equal money's.😑
Now comes WWIII? where should we flee to? is Pakistan safe? currently I live in Europe with 3 small children.
it's up to you where u wanna go but make sure u go to somewhere which will away from city life's but it's needed to be in middle east
Stay where you are and focus on what's you can Control. Don't leave until you can secure a good job somewhere else
@@AlphaBravoCharlie777 YezakAllah...we are thinking to shift to Turkey...shifting is not a easy task...and we have pasport of holland but not turkey pasport...hopefully we can get citizanship of Turkey....
How meet banks service charges?
Why would anyone lend money without profit/interest?
Unless it"s a friend or family member, that won't happen.
Savant :
It’s not workable.
Someone was saying that the Islamic lending system ruins lives.
How could you function in the modern world with credit?
Even a credit card or some method involving paying some interest, although the interest might be hidden.
Savant :
And if you want to conduct a business transaction with people who charge interest, like some big company?
And don’t you pay interest charges hidden in the price every time yo buy anything at the grocery store o4 the mall?
If they are paying interest, and you are buying their product, then you are also paying some portion of those interest charges.-
- - -
Now let’s say I have one million dollars in the bank.
You need the money. What can you say that would entice me to risk losing my money by lending it to you?
What is in it for me?
No profit means no motivation to take risks, ...
so Islam might be better suited to communism; it is incompatible with capitalism.
Savant :
Every item that you buy at the grocery store is supplied by companies who pay interest.
If you do business with any of them, then you are paying them money which part of will go to paying interest charges.
Delude yourself all you wish, you are still paying interest charges.
@@freecitizen2760 not directly paying interest and not intentionally. That's enough for a clean conscious and counts in front of God.
Many will be Robinhood'.😑
Islamic Bank of Bagladesh established with the Jews of New York, Jews took 40 RIBA ! While as odinery account holder were told that taking Interest not good so mximum account holder forego sny benifit , In some cases loan taken ammounting. to thousand of crores of TAKA without any trace, For years no one know what happend to thousands of crores Taka , ! The Bank with cooperation of Jews decepting the general poor people!
The Imam says that until the 1920's paper money was no longer redeemable in gold, but I read an article that says it wasn't until 1933 when Congress enacted a joint resolution nullifying the right of creditors to demand payment in gold
He gives fact and that is coorect...
Time may be diiferent but the fact is correct
well, the federal reserve say untill 1971 than one gold ounce cost 35 dollars, but if you go to federal reserve to buy it they said, sorry we do not sell gold, you have to go to the market to buy it, and when you went to the market you have to pay around 45 dollars ...heheh...that explain and advice Juan DOmingo Peron argentina president in 1955, he pay all argentina debt and start to develop industrial and tecnology in argentina, finally they make a revolution and sent off peron from president...
37:15 what a good joke
halwa haha
Doesnt halwa mean seclusion? What did the sheikh mean by eating seclusion??
@@dd470_ Halwa is a sweet dessert in the middle east and the regions around the middle east. He’s being sarcastic .
@@thecynicalpolymath1011 ohhh ok I get it now. Shukran
@@thecynicalpolymath1011 No, it's in video , regarding Indonesia stuff after 1 hour of video
Amen brother we surly come from different lands and still come to agree the people of the world were never meant to be enslaved this away