In the Quran, the prohibition against usury, also known as riba, is a topic of significant importance. The Quranic verses, particularly those found in Surah Baqarah, make a clear stance on the matter. One notable verse states, “Those who devour usury (riba) shall not rise again except as he rises, whom Satan of the touch prostrates; that is because they say, ‘Trade is like usury (riba).'” This verse underscores the severity of engaging in usury, equating it with a form of spiritual degradation.
God’s decree regarding usury and trade is elucidated further in the Quran. While trade is deemed permissible, usury is explicitly forbidden. The verse continues, “God has permitted trade, and forbidden usury (riba).” This distinction draws a sharp line between legitimate economic activities, such as trade, and exploitative practices like usury. The Quran emphasizes the importance of conducting business transactions in a fair and just manner, without resorting to usurious practices that harm individuals and communities.
The prohibition against usury in the Quran reflects a broader ethical stance on financial matters. Usury, which involves charging excessive interest on loans, is seen as detrimental to society as it often leads to exploitation and inequality. Instead, the Quran promotes principles of fairness, equity, and compassion in financial dealings. By adhering to these principles, individuals and communities can cultivate a more just and harmonious economic system.
(Response: Yes, usury is forbidden in the Quran, as clearly stated in Surah Baqarah. The Quran distinguishes between trade, which is permissible, and usury, which is explicitly prohibited. This prohibition reflects broader ethical principles aimed at fostering fairness and justice in economic matters.)