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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The Meaning of the Hadith: “Every loan that brings a benefit is riba (usury or interest)”

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Question:
“Every loan that brings a benefit is riba (usury or interest).” I would like you to explain this to me, O Shaykh. Also, regarding the savings association established among colleagues in the office,

Answer:
Yes, the hadith is: “Every loan that brings a benefit is riba (usury or interest).” A loan is intended to be a good loan (qard hasan) by which one meets his need and then returns the equivalent to the lender. This is the good loan. As for a loan with interest or with a benefit, that is riba (usury or interest) and is not permissible. It is not a good loan, but rather a riba loan that is forbidden.
Source قناة «العلامة الدكتور صالح الفوزان»، [4764] معنى حديث: «كل قرض جرَّ نفعًا فهو ربا» - صالح الفوزان — youtube.com

The Arabic text is a machine transcription of the audio recording.

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