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The only thing any person living in submission to Allah with a clear understanding of the statement, ‘There is no God, no sovereign, no idol, no personification, no limited power, there is only Allah and Mohammed is the Rasul of Allah.’ must understand absolutely, having a clear concept of, is the crime of Usury.

The word Usury is not understood in the Qur’anic context, most, if they have even heard of the word, think it of little significance and believe it is merely the charging of exorbitant interest, others believe it’s the charging of any interest at all.

The simplest way to grasp the concept is to understand it as:

 ‘the premeditated theft of the fruits of the physical labours of others’.

Interest is one form of this crime, taxation another but reflect on this principle to quickly understand any usurious transaction. Traditionally usury was simply understood to be the practice of charging a fee for the use of property, whatever that property. Interest is the form of usury attached to money, rent to property, and tax to autocracy.

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Hijriah Date

Ramadhan
30
Thursday
1431 HIJRAH

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