What is the ruling on receiving/giving interest in an inflation based economy? If I lend someone £100 and a year later I get £100 back but because inflation was 5%, that £100 is now worth less so I'm losing out. Is it okay to take interest in this situation seeing as I'm not exploiting someone but merely not losing out?
Omg I am going to pay off all my credit cards and never use riba again inshallah!!!... this lecture brought me to tears, now I know why my dua's are delayed!
Riba saves lives because it makes it more expensive to borrow money and borrowed money is like mother's milk to warfare, wars are nursed on money and they grow larger over a few years on that milk. You can only get so much funding by inflicting special war taxes, in the pre modern world and right up until the early 20th Century, bankers openly lent money to belligerant princes and nation states and empires. Very high interest rates mean fewer smaller and shorter wars.
@Rexanglorum, riba did not save lives, government can always print money as their like. (for a capitalist country) for a communist country, riba is not exist, n u prepare for war at any time.. see how much deficit did U.S gov. has spend on military budget , research, developmnt. n so on.....humanity save lives, but when people humanity is blinded by profitability, tat wat cost lives.
@Rexanglorum U.S gov in the name of liberty, we shud war against terrorism...they launch war in middle east country...why? simple becos profitablity... resources, n other things... u knw the most evil country in the world is NOrth Korea, where slave camp still exist. n i din see U.S government war against them, n liberate them...simple reason, there is nothing in North Korea for U.S, n the risk is simply too high cost both nation own nuclear weapon.
People borrow money all of the time when they are not in need (the state assists poor people to get fod and shelter and other vital needs) . With the exception of medical bills, no one needs to borrow $10,000 or $200,000 to survive. People, often times borrow to have money for vacations, to buy cars, plasma TV's, bigger houses ect. Interest rates are a check on people going even deeper into debt, if we had zero percent inetrest rates, more people would be in even more credit card debt.
@Rexanglorum at 0% interest rate, no bank will issue credit card, no bank will lend u money for nothing in return, n risk so much for ur lifestly, so, everyone live at their own mean.
There is a big problem I didnt here anyone mention. Currency. The Federal Reserves used to print out currency or paper money according to the amount of gold they hold in the bank. Now they are printing money from nothing. And for every dollar they print that is not supported by gold is a government debt. So the dollar is actually 1$+interest. In other words our paper money is based on Riba.
@gerryboy101 if you read the quran you feel like this is the truth and another thing the bible has been and is being changed by man, i agree that jesus is real but he is not god but a prophet.Some parts of the bible are real but others garbage.u need to understand that over passages of time there have been books by god to guide mankind and quran is the last. IF YOU STILL DONT BELIVE ME GO ON YOUTUBE AND TYPE UP [miracles of allah] u dont have to put braquets for the title
@gerryboy101 i invite to join true religion brother, if u want more or want more about ISLAM I am here may ALLAH(GOD) guide to the straight path brother.
@hassan24386 i appreciate your invite brother but i remain christian because i don't believe that God almighty would change his gospel 600+ years later but i respect you and your faith:)
Salaam everyone. At 9:27 the speaker says that if you repay the $1,000 and add a present to it, its haraam to accept the present. I think he is wrong. There is a hadith that in which it is mentioned that the Prophet said "the best among you are those who repay their debts handsomely" ; this was over a camel which the Prophet owed to a man. This hadith is mentioned in Sahih Bukhari. What is important to note is that it would be haraam if the man lending the money asked for the gift but its not
“declare war on Allah and his messenger” Subhanallah this brings tears to my eyes so many Muslims justify the reason why they have taken Riba and see it as an small issue or no problem at all since as it is a only a fiver or less a week . Jazakallah khairan to the sheikh and the up loader I have learned allot.
@biryanikebab Pakistan was formed(supposedly) in the name of Islam. Liaqat Ali Khan went to WEST borrowing money on INTEREST to develop the freshly born ISLAMIC nation. Now, tell us is Pakistan in WEST or EAST?
@biryanikebab Sure you can comment on behalf of your HOME/NEIGHBORING country, Pakistan.
You're saying either about westerners or Mussalmans living in western countries who are dealing in Riba. If Pakistan borrowed(on RIBA) from USA, starting 1948 or from any other western country and even to this day, borrows on RIBA from the IMF-International Monetary Funds or from the World Bank than what's the difference between YOUR Eastern country Pakistan from any country located in the West?
My friend, I am NOT pakistani. So I would not like to comment on Pakistan. You know that they are probably wrong and so do I. I do not want to open a can of worms over here and start an argument against Pakistanis.
Allah will deal accordingly with such countries and will become apparent. Just look at Dubai, UK, US etc. In the west you know apnaywalay say morgage pay ghar lo, ccd, loans etc.. It has become too common as if it has "become a nescessity" . Lessons need to be given..
@biryanikebab With an "offbeat" name like "biryanikebab" and the "shakey" speech regarding "riba / sood" you're from Indo-Pak Subcontinent probably from Pakistan. India is predominantly Hindu nation, so Riba is no big deal to them. Pakistan is Muslim by "claim" only and indulged in Riba. Allover Europe and North America, you'll find every other Pakistani calling himself a LOAN OFFICER.
@SplitmoonProductions so is mortgage haram, i was born into this house my mother bought, she has been paying this thing called mortgage. i do think that mortgage involves riba. or does it.? if it does then does that make me a sinner.
I have asked this question before but I wanted to see if I get the same answer; If you're a woman, and you have no choice because your husband makes you use credit cards that have interest to buy things, will the wife be punished also? And also, will a person be forgiven for doing riba if they ask for forgiveness afterward and don't use riba after that willingly? Thank you!
@suzanne83ray It is the husbands job to provide HALAL for his wife and children. The woman must tell him to change his ways, immediately. If you did not know about RIBA, you won't be responsible. But if you continue, the sin is not only his. With Riba involved money, everything, is Haram.
Riba Is Forbidden. If you fear Allah and his punishment, then stop Now Insha'allah.
WeTheGamerz1000 2 days ago
I never got education like this coming up in church. Only orders and fear tactics.
millionstylesboksing 2 weeks ago
If there was no riba in the first place then there would be no inflation
yaqubali 1 month ago
What is the ruling on receiving/giving interest in an inflation based economy? If I lend someone £100 and a year later I get £100 back but because inflation was 5%, that £100 is now worth less so I'm losing out. Is it okay to take interest in this situation seeing as I'm not exploiting someone but merely not losing out?
sultanchamp 2 months ago
I was working for a bank and Alamdullah left the job for Allah's sake because riba was involved 'May Allah forgive my sins" Ameen !
farrukhisrar 3 months ago
mashallah sheikh shady does nice lectures.
77moessa 4 months ago
Omg I am going to pay off all my credit cards and never use riba again inshallah!!!... this lecture brought me to tears, now I know why my dua's are delayed!
Cinderana 4 months ago
Riba saves lives because it makes it more expensive to borrow money and borrowed money is like mother's milk to warfare, wars are nursed on money and they grow larger over a few years on that milk. You can only get so much funding by inflicting special war taxes, in the pre modern world and right up until the early 20th Century, bankers openly lent money to belligerant princes and nation states and empires. Very high interest rates mean fewer smaller and shorter wars.
Rexanglorum 6 months ago
@Rexanglorum, riba did not save lives, government can always print money as their like. (for a capitalist country) for a communist country, riba is not exist, n u prepare for war at any time.. see how much deficit did U.S gov. has spend on military budget , research, developmnt. n so on.....humanity save lives, but when people humanity is blinded by profitability, tat wat cost lives.
imperial881 5 months ago
@Rexanglorum U.S gov in the name of liberty, we shud war against terrorism...they launch war in middle east country...why? simple becos profitablity... resources, n other things... u knw the most evil country in the world is NOrth Korea, where slave camp still exist. n i din see U.S government war against them, n liberate them...simple reason, there is nothing in North Korea for U.S, n the risk is simply too high cost both nation own nuclear weapon.
imperial881 5 months ago
People borrow money all of the time when they are not in need (the state assists poor people to get fod and shelter and other vital needs) . With the exception of medical bills, no one needs to borrow $10,000 or $200,000 to survive. People, often times borrow to have money for vacations, to buy cars, plasma TV's, bigger houses ect. Interest rates are a check on people going even deeper into debt, if we had zero percent inetrest rates, more people would be in even more credit card debt.
Rexanglorum 6 months ago
@Rexanglorum at 0% interest rate, no bank will issue credit card, no bank will lend u money for nothing in return, n risk so much for ur lifestly, so, everyone live at their own mean.
imperial881 5 months ago
@234bg US cock...wow filthy mouth lol
born2leader 6 months ago
Interest/Usury -> Debt -> War
Western Central Banks, and Userers destroy countries.
Who owns these banks?
CO2TROL 11 months ago
Islamic Media "Entertainment"? Hope people are being more than entertained by watching this...
Kurruptive1Logic 1 year ago
There is a big problem I didnt here anyone mention. Currency. The Federal Reserves used to print out currency or paper money according to the amount of gold they hold in the bank. Now they are printing money from nothing. And for every dollar they print that is not supported by gold is a government debt. So the dollar is actually 1$+interest. In other words our paper money is based on Riba.
mmitwaly 1 year ago
i am catholic and i respect and share the same views of interest/usury. it's a scam
gerryboy101 1 year ago 16
@gerryboy101 if you read the quran you feel like this is the truth and another thing the bible has been and is being changed by man, i agree that jesus is real but he is not god but a prophet.Some parts of the bible are real but others garbage.u need to understand that over passages of time there have been books by god to guide mankind and quran is the last. IF YOU STILL DONT BELIVE ME GO ON YOUTUBE AND TYPE UP [miracles of allah] u dont have to put braquets for the title
hassanalinoo 8 months ago
@gerryboy101 me too
lonelybunnyful 7 months ago
@gerryboy101 i invite to join true religion brother, if u want more or want more about ISLAM I am here may ALLAH(GOD) guide to the straight path brother.
hassan24386 3 weeks ago
@hassan24386 i appreciate your invite brother but i remain christian because i don't believe that God almighty would change his gospel 600+ years later but i respect you and your faith:)
gerryboy101 3 weeks ago
is there any video on how salvage yourself away from riba?
mrgroovies 1 year ago
but its not haraam if the guy who borrowed the money gave a gift from his own free will. Please confirm this guys.
zakmaverick 1 year ago
Salaam everyone. At 9:27 the speaker says that if you repay the $1,000 and add a present to it, its haraam to accept the present. I think he is wrong. There is a hadith that in which it is mentioned that the Prophet said "the best among you are those who repay their debts handsomely" ; this was over a camel which the Prophet owed to a man. This hadith is mentioned in Sahih Bukhari. What is important to note is that it would be haraam if the man lending the money asked for the gift but its not
zakmaverick 1 year ago
“declare war on Allah and his messenger” Subhanallah this brings tears to my eyes so many Muslims justify the reason why they have taken Riba and see it as an small issue or no problem at all since as it is a only a fiver or less a week . Jazakallah khairan to the sheikh and the up loader I have learned allot.
xoxoKaiyaxoxo 1 year ago
dude what will happen at the end of the world with interest money debt? 787 billion stimul package & 1 Trillion stimul Greek Debt Package
PhuQuangLe111 1 year ago
@PhuQuangLe111
This will eventually be written off.. Very sly game..
biryanikebab 1 year ago
riba is pretty sick
PhuQuangLe111 1 year ago
MashAllah.
RealMusicKing 1 year ago
Salam, what is the name of this sheikh?
biryanikebab 1 year ago 2
@biryanikebab Sheikh Shady Al-Suleiman
SplitmoonProductions 1 year ago
@SplitmoonProductions - thank you,, this video is very important to those living in western countries...
biryanikebab 1 year ago
@biryanikebab Pakistan was formed(supposedly) in the name of Islam. Liaqat Ali Khan went to WEST borrowing money on INTEREST to develop the freshly born ISLAMIC nation. Now, tell us is Pakistan in WEST or EAST?
RealMusicKing 1 year ago
@RealMusicKing ,,
I meant literally for individuals living in western countries.. not countries themselves..
I cannot comment on behalf of pakistan. you probably know better..
biryanikebab 1 year ago
@biryanikebab Sure you can comment on behalf of your HOME/NEIGHBORING country, Pakistan.
You're saying either about westerners or Mussalmans living in western countries who are dealing in Riba. If Pakistan borrowed(on RIBA) from USA, starting 1948 or from any other western country and even to this day, borrows on RIBA from the IMF-International Monetary Funds or from the World Bank than what's the difference between YOUR Eastern country Pakistan from any country located in the West?
RealMusicKing 1 year ago
@RealMusicKing ,
My friend, I am NOT pakistani. So I would not like to comment on Pakistan. You know that they are probably wrong and so do I. I do not want to open a can of worms over here and start an argument against Pakistanis.
Allah will deal accordingly with such countries and will become apparent. Just look at Dubai, UK, US etc. In the west you know apnaywalay say morgage pay ghar lo, ccd, loans etc.. It has become too common as if it has "become a nescessity" . Lessons need to be given..
biryanikebab 1 year ago
@biryanikebab With an "offbeat" name like "biryanikebab" and the "shakey" speech regarding "riba / sood" you're from Indo-Pak Subcontinent probably from Pakistan. India is predominantly Hindu nation, so Riba is no big deal to them. Pakistan is Muslim by "claim" only and indulged in Riba. Allover Europe and North America, you'll find every other Pakistani calling himself a LOAN OFFICER.
RealMusicKing 1 year ago
@RealMusicKing .. now stop being racist darling..
biryanikebab 1 year ago
@biryanikebab Stop Bullsh-tting "Halwah Puri"
RealMusicKing 1 year ago
@SplitmoonProductions so is mortgage haram, i was born into this house my mother bought, she has been paying this thing called mortgage. i do think that mortgage involves riba. or does it.? if it does then does that make me a sinner.
ViciousBeats16 5 months ago
@biryanikebab are u blind? it says in the title
undergroundunit12 10 months ago
I have asked this question before but I wanted to see if I get the same answer; If you're a woman, and you have no choice because your husband makes you use credit cards that have interest to buy things, will the wife be punished also? And also, will a person be forgiven for doing riba if they ask for forgiveness afterward and don't use riba after that willingly? Thank you!
suzanne83ray 1 year ago
@suzanne83ray It is the husbands job to provide HALAL for his wife and children. The woman must tell him to change his ways, immediately. If you did not know about RIBA, you won't be responsible. But if you continue, the sin is not only his. With Riba involved money, everything, is Haram.
If you change your ways, Allah is forgiving.
RealMusicKing 1 year ago
Thank you Sheikh, you opened my eyes. May Allah increase you rewards!
Ice1ceBaBy 2 years ago 9