God's economic system rests on constant circulation of wealth, no usury, and productive investment, and forbids non-productive economy like gambling, lotteries, and high interest loans.1
Believers must refrain from all forms of usury, and those who do not refrain should expect war from God and His messenger, though if they repent they may keep their capital.1, 2, 3
Islamic economy is a productive economy.1
People will return to God and be questioned about their usury, their hoarding, and their excess wealth.1, 2, 3, 4
The principle that God diminishes usury extends to any sinful earnings, such as gambling, so those who seem to profit from them really end up losing.1, 2, 3, 4
The Quran condemns only those who take usury, while those forced by circumstances to pay it, like someone who can only buy a house with a mortgage, are victims rather than sinners.1, 2, 3, 4
Usury is any fixed percentage earned on deposited or loaned money, while earnings that fluctuate with investment profits and losses are not usury.1, 2
Usury involves a victim who is taken advantage of; wherever there is a victim there is sin, so ordinary bank interest, where both sides are happy, is not usury.1, 2, 3
It is perfectly all right to take a loan and pay interest on it to invest in a project that will grow your money, since a rich believer is better than a weak and poor believer.1, 2, 3
Taking interest is forbidden, but a person forced by circumstances to pay interest is a victim and commits no sin.1, 2, 3
Usury is any interest that is fixed and guaranteed, even one percent, while returns that fluctuate as a result of investing are permitted.1, 2, 3
The Devil's tools to divert humans include idol worship, witchcraft, usury, fear of anyone but God, showing off in charity, tyranny, rumors, plotting, hatred, broken promises, and extravagance.1, 2, 3, 4
True Islam teaches democratic, moral governance rather than theocracy, and a just economic system free from usury.1, 2
God's economic system rests on constant circulation of wealth, no usury, and productive investment, and forbids gambling, lotteries, and high interest loans.1
Usury practiced to increase wealth gains nothing with God, while charity given to seek God's pleasure is rewarded manifold.1
Believers must not take usury compounded over and over.1
Believers must not take usury compounded over and over.1
Believers must not take usury.1
Usury gains nothing with God, while charity given to seek God's pleasure is rewarded many times over.1, 2
The Quran teaches socio-economic justice and wealth as a divine trust, and it prohibits corruption, hoarding, usury, extravagance, and waste.1, 2
Usury gains nothing with God, while charity given for God's pleasure is rewarded many times over.1
Suicide and taking others' property through transactions that are not mutually acceptable, such as usury, are forbidden, and money is a common idol.1, 2
God's prohibitions are not meant to deprive us; usury may bring wealth but at the expense of others and to the harm of our soul.1
Unity in diversity would bring maximum freedom for the individual, minimal organizational hierarchy and professional religionism, and the prohibition of high interest loans.1, 2, 3