interest and islam

syedhassan · 02-18-2005, 05:46 AM

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hi there...
the purpose to post the above by SAHIH AL_BUKHARI and the following material,
is just to make an openion and bringe good knowledge.
yes... its need extreme care, while translating THE HOLY QURAN and later interpreting the meanings...and (i also did the same...)
consulting at-least five well known english and urdu translations....
that is a good variety of sects...
and then, also some good narrations...
and then i pasted here, as i never want to post without research and confirmation...
and about, bieng difficult for over what so ever 1400 years...
i dont think its difficult for any of the muslims from current and future, as well...
as, we make it difficult on our own at times..
but,i think we make it difficult on our own mostly, as we are divided to DIFFERENT SECTS etc.. UNDER THE SINGLE HEAD OF ISLAM "THE RELIGION OF THE COMPLETE and TRUE BOOK AND HOLY PROPHET (S.A.W)"
i think, the COMMON mistake we make in translating correctly, is following a much WORD-to-WORD... approach.
and i thnk...,
, we need to, go into our hearts and KEEP FAILTH AND also, A HONEST COMMITTMENT in resolving any issue we desire to AND KEEP IN MIND THAT "the HOLY QURAN IS THE HOLY BOOK for ALL TIMES AND ALL PEOPLE

Here are SOME OF the verses on the subject of riba (usury)that i studied

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 (for ever) 2 275
O ye who believe! fear Allah and give up what remains of your demand for usury if ye are indeed believers. 2 278

O ye who believe! devour not usury doubled and multiplied; but fear Allah; that ye may prosper.
Yusuf Ali's translation. 3 130

O ye who believe! Devour not usury, doubling and quadrupling (the sum lent). Observe your duty to Allah, that ye may be successful.
M. Pickthall's translation 3 130.

O believers! Do not live on usury (compound interest) which is compounded over and over again. Have fear of Allah so that you may prosper.
(which is interest on an princpl+interest)
F. Malik's translation. 3 130

For the iniquity of the Jews We made unlawful for
them certain (foods) good and wholesome which
had been lawful for them; in that they hindered
many from Allah's way. That they (Jews) 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.
4 160 - 161

Note The Torah forbids the Jews from the devouring of Usury ("neshek"). See the Old Testament Ex. 22 25;
Le. 25 36-37; De. 2319-20; Ne. 5 7/10; Ps. 15 5; Pr. 288

The dilemma before the Ummah is NOT for the actual Command of Allah (s.w.t.) that prohibits the devouring of usury (riba) and/or for the strict condemnation of those who devour it. The dilemma in reality is concerning the correct definition of the term riba and its application, which is quite clear, FOR EVEREYONE, who SEEK THE GUIDANCE...

and i think, those who LAKE CARE AND honest COMMITTMENT, FAITH AND ALL ABOVE..,
comment in CRITICISM to THE HOLY QURAN and SUNNA and
SAHIH AL_BUKHARI.. (which many respect in bieng correct with its NARRATIONS)
do read the EXPERT OPENIOS (CRITICISM) by some what SCHOLARS here....

THE TIMING OF THE REVELATION 

The following... so called excerpts from the commentaries to the above verses speak of the timing of the Revelations and the lack of opportunity for acquiring the knowledge of its Shar'i implications, from the Prophet

The commentary # 324 to verse 2 275, by Abdullah Yusuf Ali

Usury is condemned and prohibited in the strongest possible terms. There can be no question about the prohibition. When we come to the definition of Usury there is room for difference of opinion. Hadhrat 'Umar, according to Ibn Kathir, felt some difficulty in the matter, as the Apostle left this world before the details of the question were settled. This was one of the three questions on which he wished he had more light from the Prophet.
The commentary # 35 to verse 30 39, by Scholar Mohammad Asad
Mohammad Asad writes; In the words of Ibn Kathir (in his commentary on 2 275), "the subject of riba is one of the most difficult subjects for many of scholars (ahl al-'ilm)". It should be borne in mind that the passage condemning or prohibiting riba in legal terms [{2 275-281}] was the last revelation received by the Prophet, who died a few days later [cf. note [268] on 2 281; hence the Companions had no opportunity to ask him about the Shar'i implications of the relevant injection - so much so that even 'Umar ibn al-Khattab is reliably reported to have said "The last [of Qur'an] that was revealed was the passage [lit., "the verse"] on riba; and, behold, the Apostle of God passed away without [lit., "before"] having explained its meaning to us" [Ibn Hambal, on the authority of Sa'id ibn al-Musayyab].

regards..
syedhassan...

ACCA
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ACCA