Channel: Mansoor Danish
Mansoor Danish, Islamic Wealth Consultant and Lecturer and Supervisor with Islamic Online University speaks on the Consequences of engaging in RIba briefly?
In today’s time when interest, usury and profit is used inter-changeably, it becomes imperative for Muslims to know the line of difference amongst these three terms. Once we know what Riba is, it becomes clear that trading is permissible and all other forms of interest or usury are prohibited. The ill-consequences of engaging in Riba is many and it is not restricted to this life but it is in the Hereafter too. May Allaah make our affairs easy.
Bismillah R Rahman r Rahim in Alhamdulillah Narmada who want to start in hoonah stop Pharaoh when I was with him in Cerulean fusina woman sejati I'm Melina manga de la palma de la la, la la la, la, la la la la la la la la sharika. eyeshadow no Mohammed Abdullah rasuluh I'm about four in the hero howdy ticket Abdullah. O'Hara howdy howdy Mohammed and sallallahu alayhi wa sallam are shorter lamorinda to have a certain bid our work will be done in de la la la de la Latina. A salaam aleikum wa rahmatullah wa barakato. listeners.
I'm just sorry about the slight delay that we had in going live. I'm facing a little network issues connectivity issues here, but I hope to inshallah can feed the session without any issues. Very short time that I'm going to take of yours in this live video, where I wish to discuss with you about some of the consequences of engaging in rubber, the previous live videos that we've had, we've explained what rebar is, in today's video, we're discussing about some of the consequences of engaging in rubber in the light of the Quran and the Sunnah. Now we know that from the Islamic perspective, Riba is considered a major sin and the Prophet alayhi salatu was Salam has condemned it
in several added, but much before that Allah subhanho wa Taala. Allah has made it abundantly clear in the Quran in Surah Al Baqarah, that anyone who does not give up his warns of Riba they must prepare to engage in a war against Allah and His Rasulullah sallallahu alayhi wa sallam as so we need to understand what does
the statement preparing yourself for a war against Allah and His Rasulullah sallallahu alayhi wa sallam mean? What shall be the outcome of a war which is waged by Allah and His Rasulullah sallallahu alayhi wasallam. Some of the outcomes of these wars which we experience amongst people around us who engage in arabba is we see these are people who suffer from insomnia. They suffer from sleepless nights. They are awake the whole night, they're stressed, they are tense, they're worried because they are under huge debt. They don't know where they're going to run to if they lose their job, they are, they have no way to pay off the rubber based loans. And so people who take Riba based
loans or who engage in rubber, we often find such people are suffering from insomnia, such people suffer from stress, they suffer from depression, anxiety, let us talk about some of the incidents which has happened around us so we can relate to it a very famous airlines in India by the name of Kingfisher, which is now shut down when it shut down some of its staff committed suicide. What was the reason behind that? One of the reasons behind that was not because the company shut down so they committed suicide, but because they were not getting their remuneration to repay off the loans that they had taken from conventional banks. Whereas we know that the Islamic ruling is that even case a
person is a debtor and is finding it difficult to pay off his loan. Go easy on them said Allah subhanho wa Taala in the Koran and if possible, wave it off. So you see the Baraka and the blessings that is there when we deal in cargo Hashanah or an interest free loan, that not only you don't have to pay an interest, but if a situation dawns upon you, where you're not able to pay your debt, the principal amount as the only thing which you need to repay the company is expected to rise above in the situation and let give you some more time and there is no charge for the different time which you take in order to repay your loan. Further, we understand about the worst effects that will be
there in the hereafter we can come back to that later. Let us go to the Hadith where Rasul Allah Sallam said, and this is narrated by Java 11 Abdullah, and as mentioned Sahih Muslim the Prophet alayhi salatu was Salam cursed the person who accepts Riba he cursed the one who gives Riba and he cursed the one who records it, and the two witnesses to a rubber based transaction. You see, the Hadees over here, has spoken about the different parties involved in a river based contract. Everyone has been included in this list with no exception, we as Muslims must be extremely careful about our source of wealth, about a source of income, and we must continuously strive to move out
from any robot based earning and move to something which is acceptable in the sight of Allah subhanho wa Taala. And we know that the robot is not acceptable in the sight of Allah. And the Riba that Allah speaks of in the Quran is the same interest which you get when you walk into a conventional bank. It is not different. Some of the smart people will come and tell you that you know what Reba is different interest is different robots talking about usury alarm
It has condemned usually this is interest This is business. But you see Allah subhanaw taala knows the makeup of his creation. And that is why he said in the Quran that we have permitted by trading, but we have forbidden rubber. If you want to trade, go ahead and trade, exchange goods, engage in production that is good for the society. It's good for employment, it's good for exchanging a wealth it makes the society come up, but what the prophet alayhi salaatu wa Salaam I beg your pardon what Allah subhanho wa Taala forbade was the dealing in the herba that people are talking of and saying that well, this is intro, this is interest. And not usually everything is included in it, there is
no exception. And these this had these very clearly listing that not only the one who's taking rubber, but the one who's giving rubber, the one who is signing the contract, the one who's who are the witnesses to the contract, the one who's jotting down the contract. You work in the legal department, you see in a in an institution which engages in rubber, your job is just to make a contract, I'm not taking rubber, nor am I giving it to the bank, which gives I just write down the contract for them. Even you're gonna be questioned on the Day of Judgment, we need to seek protection from Allah subhanho wa Taala from the river of all sorts. Lastly, we discuss about the
state that will be there of these people who engage in the Riba during the day of judgment, the eye of the Quran in surah, Al Baqarah, Allah subhanho wa Taala says that these will be sub people who would be akin to a person who's suffering from mental imbalance due to the touch of the shaytan. This is the kind of condemnation we find in the Quran. And we also know under the eye of the Quran, where Allah says that these are the people who have waged a war against Allah and His Rasulullah sallallahu wasallam. So there are far reaching consequences in our individual life in this dunya as well as in Africa, if you don't give up our wants of rubber. Further, what shall be the effect on
the society, we see that the current interest based loan systems that is there, it leads to a widening of gulf between the rich and the poor. This is a problem there is a widening of gulf between the rich and the poor, the rich gets richer, the poor gets poorer. This is what a conventional base loan does, because it charges a heavy interest on the one who borrows whereas it pays out more money to those who park the money as deposit. So the one who parked the money with deposits gets richer, and the one who has no money has to pay a higher amount back which makes him poorer. And then we know there is an encouragement of wasteful extravagance. It dissuades the
investors from investing in domestic beneficial products. It deprives wealth of all blessings. And it leads to economic crisis, having not had enough financial crisis around us have we not seen the 2008 financial crisis, the far reaching effects of which can be felt even today in this society, we can see the consequences of the US subprime crisis where nations have gone bankrupt nations have become poor nations have sought help from other nations to come out and bail them. Why? Because of the interest bearing securities, nothing justifies that. We need to condemn it completely from our life. We need to start from our life instead of thinking of the society that is there. But you need
to start with our own life. let ourselves start staying away from any form and every form of Riba May Allah subhanho wa Taala give us the trophy to stay away from rubber and any of its similar look alikes as promotional photography Alon who said that we just don't stay away with from Riba we also stay away from Riba anything which has a doubt in financial transaction. So this was the wisdom of unoriginal Katara neilan who, the second Caliph of Islam that he said don't just stay away from Riba but stay away from Riba that which has doubt in financial transaction. With that we conclude the discussion barakallahu li calm for taking out your time and attending this live session. If you have
any questions, you can just post it on Facebook I can see some of you have been writing views this inshallah I will get back to you once I'm done with the session does akmola hair subhanak alohomora behind the eyeshadow and eyeliner and does that fit over to Blake was Salam alaykum warahmatullahi wabarakatuh