Is agreeing to repay a loan with an increase considered a conditional benefit and riba?
Machine translationRead the Arabic original
Question:
May Allah reward you, Honorable Shaykh. This questioner says: I was in need of money, so I said to my friend, "Give me five thousand riyals, and I will return six thousand riyals to you." Is this considered riba?
Answer:
Without a doubt, this is explicit riba, and this is a conditional benefit.
May Allah reward you, Honorable Shaykh. This questioner says: I was in need of money, so I said to my friend, "Give me five thousand riyals, and I will return six thousand riyals to you." Is this considered riba?
Answer:
Without a doubt, this is explicit riba, and this is a conditional benefit.
Source
قناة «العلامة الدكتور صالح الفوزان»، [3436/745] هل الاتفاق على رد القرض بزيادة يُعد نفعًا مشروطًا وربا؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.