Let The Usury Go

 

You must not lend money on interest (L-348)

يا أَيُّهَا الَّذينَ آمَنُوا اتَّقُوا اللَّهَ وَذَروا ما بَقِيَ مِنَ الرِّبا إِن كُنتُم مُؤمِنينَ278.  فَإِن لَم تَفعَلوا فَأذَنوا بِحَربٍ مِنَ اللَّهِ وَرَسولِهِ ۖ وَإِن تُبتُم فَلَكُم رُءوسُ أَموالِكُم لا تَظلِمونَ وَلا تُظلَمونَ279.

278.  Yaaa- ‘ayyuhallaziina  ‘aa-manut-taqUllaaha  wa  zaruu  maa  baqiya minar-Ribaaa  ‘in-kuntum-  Mu’-miniin. 279.  Fa- ‘illam  taf-‘aluu  fa’-zanuu  bi-harbim-minAllaahi  wa  Rasuulih.  Wa  ‘in- tubtum  fa-lakum  ru-‘uusu  ‘amwaalikum.  Laatazlimuuna  wa  laa  tuzlamuun.

278. O you who believe! Fear God, and forgo what remains of usury, if you are believers. 279. If you do not, then take notice of a war by God and His Messenger. But if you repent, you may keep your capital, neither wronging, nor being wronged.

Maa  baqiya – (that which remained), it means that, the usury you have received before this order, that is forgiven. After that, you will not recover usury in future. You are allowed to get the principal only.

Harbun – (war), warning of war against Usurers from God and His Messenger (ﷺ) means that they (usurers) should be included in the list of enemies of Islam.

Ru-‘uusu  ‘amwaalikum – (your principal (without interest), it is called capital also and a principal sum. 

Following orders have been explained in these verses:

The interest, you have taken before its prevention; that is enough. But, you should give up now that, which was increased after the restriction of usury.

If you do not do so, then there is a warning of war against you from Allah and His Messenger (ﷺ). You will be treated just like the rebels and renegades. 

It will be transgression also if you demand the increased usury after its prohibition. 

If the creditor deducts that sum of interest at the time of returning the principal, which he has already taken, then it will be trangression.

You must not demand the principal sum immediately, if the indebted person is very poor. However, you should give him some respite; so that he may be able to return the principal sum.

Now imagine; how much severely the usury has been forbidden? After so much clear commandments, if any individual brings out any form of lawfulness about the interest/usury and does not refrain from the business of interest, then think awhile, “Is he not rebel of God and His Messenger (ﷺ)? 

https://youtu.be/xD4N5HCfw1Y