The ruling on borrowing on the condition of paying an increase over the loan amount?
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Question:
May Allah reward you with good. We move on to a letter sent by a Sudanese man. He says in this question: My question is that I took 1,000 riyals in a state of extreme need, but on the condition that I give the owner of this amount 500 riyals as interest. I gave him the amount after a period of 1,500 riyals from the time. Is there riba (usury or interest) in that or not? Majourin.
Answer:
This is explicit riba. If you borrow money from him on the condition that you return to him more than what you borrowed, then this is explicit riba. The Prophet (peace and blessings be upon him) said, "Every loan that brings a benefit is riba." The scholars agreed that this is riba. However, if he lends to you seeking the face of Allah the Exalted, but without stipulating an increase or looking to it, and you, when repaying, increase it as a way of rewarding him, thanking him for his kindness, then there is no harm in that. Because the Prophet (peace and blessings be upon him) said, "The best of you are those who are best in repaying their debts." He (peace and blessings be upon him) borrowed a young camel from the people and returned in its place a superior four-year-old camel. And he (peace and blessings be upon him) said: This is considered good repayment, not riba. Yes.
May Allah reward you with good. We move on to a letter sent by a Sudanese man. He says in this question: My question is that I took 1,000 riyals in a state of extreme need, but on the condition that I give the owner of this amount 500 riyals as interest. I gave him the amount after a period of 1,500 riyals from the time. Is there riba (usury or interest) in that or not? Majourin.
Answer:
This is explicit riba. If you borrow money from him on the condition that you return to him more than what you borrowed, then this is explicit riba. The Prophet (peace and blessings be upon him) said, "Every loan that brings a benefit is riba." The scholars agreed that this is riba. However, if he lends to you seeking the face of Allah the Exalted, but without stipulating an increase or looking to it, and you, when repaying, increase it as a way of rewarding him, thanking him for his kindness, then there is no harm in that. Because the Prophet (peace and blessings be upon him) said, "The best of you are those who are best in repaying their debts." He (peace and blessings be upon him) borrowed a young camel from the people and returned in its place a superior four-year-old camel. And he (peace and blessings be upon him) said:
The best of you are those who are best in repaying their debts
خيركم أحسنكم قضاء
Source
قناة «العلامة الدكتور صالح الفوزان»، حكم من اقترض بشرط دفع زيادة على مبلغ القرض؟ الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.
