JAMIATUL ULAMA (KWAZULU-NATAL)
THE REALITY OF INTEREST AND ITS MODERN INTERPRETATIONS
The history of the prohibition of Interest
In the Torah (Old Testament) where intoxicants, fornication and the
consumption of pork are declared unlawful interest is also prohibited. This
bears
Title
Regarding Riba (interest)
Question
Respected Mufti Sahib, I am trying to convince my
father that Riba is Haraam and is strictly forbidden
in Islam. I told him that taking as well as giving
interest is haraam which means a muslim cannot buy a
car or house on interest. My father
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