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Qur'ân has to say on the subject of usury, that is
lending money at interest:
Those who devour usury will not
stand except as stands one whom the Evil One by his
touch hath driven to madness. That is because they
say: "Trade is like usury," but Allah hath permitted
trade and forbidden usury. Those who after receiving
direction from their Lord, desist, shall be pardoned
for the past; their case is for Allah (to judge); but
those who repeat (the offence) are Companions of the
Fire; they will abide therein (forever). [Surah al
Baqarah, verse 275].
Allah will deprive usury of all blessing, but will
give increase for deeds of charity; for He loveth not
creatures ungrateful and wicked.[Surah al Baqarah,
verse 276].
O ye who believe! Fear Allah, and give up what remains
of your demand for usury, if ye are indeed
believers.[Surah al Baqarah, verse 278].
O ye who believe! devour not Usury, doubled and
multiplied; but fear Allah; that ye may (really)
prosper. [Surah al- i -'Imran, verse 130]
That they took usury, though they were forbidden; and
that they devoured men's substance wrongfully; We have
prepared for those among them who reject Faith a
grievous punishment. [Surah an- Nisaa, verse 161]
May Allah show us the right path - Ameen SumAmeen
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