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Home » What is the hadith against usury?

What is the hadith against usury?

In a significant Hadith reported by Ibn Mas’ud, the Prophet Muhammad (sws) delivers a clear message against usury. He states: “There is no-one who deals in usury a great deal (to increase his wealth) but he will end up with little (his wealth will be decreased).” This powerful statement highlights the severe consequences of engaging in usury, emphasizing that despite one’s efforts to accumulate wealth through such means, the outcome will ultimately be a reduction in wealth. The Hadith serves as a stern warning against the practice of usury, indicating that those who partake in it will not find success in their endeavors to amass riches.

The Prophet Muhammad’s (sws) teachings regarding usury hold significant weight in Islamic tradition. Usury, or riba, is strictly prohibited in Islam as it goes against the principles of justice and fairness in financial transactions. The Hadith mentioned underscores the idea that ill-gotten wealth, such as that obtained through usurious practices, will not bring prosperity or blessing. Instead, it forewarns of a diminishing wealth for those who choose to engage in usury, as it is an act condemned by Islamic teachings.

For Muslims, the Hadith against usury is a guiding principle that shapes their approach to financial dealings. It reinforces the importance of conducting business and financial transactions in a manner that is in line with Islamic ethics. Usury is viewed not only as detrimental to an individual’s wealth but also as a violation of the moral code set forth in Islam. This Hadith, along with other teachings of the Prophet Muhammad (sws), serves as a reminder to Muslims to seek lawful and ethical means of earning wealth, avoiding practices that exploit others for personal gain.

(Response: The Hadith against usury, narrated by Ibn Mas’ud and attributed to the Prophet Muhammad (sws), warns against the detrimental effects of engaging in usury. It emphasizes that despite attempts to increase wealth through usury, the outcome will be a decrease in riches. This Hadith stands as a reminder for Muslims to adhere to ethical financial practices in accordance with Islamic teachings.)