The riba and why islam forbade it.

 The riba and why islam forbade it. 

Alhamdulillah, Riba means increase. 

Allah says in Quran, 

Aal-e-Imran 3:130

O you who have believed, do not consume usury, doubled and multiplied, but fear Allāh that you may be successful.

Allah says, 

Al-Baqarah 2:275.

Those who consume interest[1] cannot stand [on the Day of Resurrection] except as one stands who is being beaten by Satan into insanity. That is because they say, "Trade is [just] like interest." But Allāh has permitted trade and has forbidden interest. So whoever has received an admonition from his Lord and desists may have what is past, and his affair rests with Allāh. But whoever returns [to dealing in interest or usury] - those are the companions of the Fire; they will abide eternally therein.

Allah says, 

Al-Baqarah 2:276

Allāh destroys interest and gives increase for charities. And Allāh does not like every sinning disbeliever.

Anyone who does not give up riba is like fighting against Allah and his rasool

Allah says, 

Al-Baqarah 2:279

And if you do not, then be informed of a war [against you] from Allāh and His Messenger. But if you repent, you may have your principal - [thus] you do no wrong, nor are you wronged.

So consuming Riba is dangerous as one is fighting against Allah and his rasool

Today all our businesses, majority is riba based.

As reported in hadith,

It was narrated from Abu Hurairah that the Messenger of Allah (ﷺ) said:

There will come a time when there will be no one left who does not consume usury (interest), and whoeverdoes not consume it will nevertheless be affected by it."'

Sunan ibn Majah.

Today majority of our earnings are haraam yet we do not have time to reflect.

Cyto Currency, bitcoin and the rest are now common and seen as business or entrepreneurship.

May Allah safeguard us the ummah. Aamin