Reform In Finance: Riba Vs. Interest In The Modern Economy (2)


My Own Thoughts As outlined in my book, I also argue in a similar vein. Citing the Quranic verses 2:275-276, 3:130, and 2:278-280, I argue that the Quran’s sanction of trading (and implicitly profit) and condemnation of riba are predicated on the notion that profiting from trade is normal and legitimate, while riba is exploitative. […]

Source: Leadership Newspaper