العلة و الحكمة من تحريم ربا الفضل : دراسة في ضوء السياسة النقدية

Abstract EN

Opinions of scholars regarding the rationale for whieh Ribaal-Fadl is forbidden, as mentioned in relevant hadiths vary significantly.

Similarly they differ with regard to the wisdom behind forbidding it.

This study discusses the ruling attempting to arrive at reasoning upon %'hich Ribaal-Naqd, a form of Riba al-Fadl, is forbidden in the light of contemporary economic variables and monetary policy where money runs through the economy at the heart of which lies the Central Bank.

This calls for recognizing the wisdom considering the modem role ofmoney, along with the objectives of $hariah in restricting bartering transactions, in accordance with the developing and intermediary role ofmoney between commodities as highlighted by current monetary policy', where barter transactions are in general an obstacle in the W'ay of directing and managing money.