[Interest prohibition]

Fatawa Question

As-Salam `Alaykum ! I had a question regarding interest transactions. Did Allah SWT prohibit all interest transactions in general or only those where money or land is multiplied in double triple which leaves too much burden on the people ? Also I have read that Imam Ghazali seems to have said that little interest which doesn't put too much burden is ok. Is that true ? Please advise. Jazakallah Khair.

Fatwa

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Publication Date

2008-03-12

Main Subjects

Financial and Accounting Sciences
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-732599

American Psychological Association (APA)

Qahf, Mundhir. 2008-03-12. [Interest prohibition]. .
https://search.emarefa.net/detail/BIM-732599

Modern Language Association (MLA)

Qahf, Mundhir. [Interest prohibition]. 2008-03-12.
https://search.emarefa.net/detail/BIM-732599

American Medical Association (AMA)

Qahf, Mundhir. 2008-03-12. [Interest prohibition].
https://search.emarefa.net/detail/BIM-732599