The wisdom behind the prohibition of riba (usury or interest) and the clarification that it is not made permissible by mutual consent

Question:
He says: Honorable Shaykh, may Allah grant you success, what is the wisdom behind the prohibition of riba? And if the bank has agreed to pay riba, is that permissible? But Allah the Exalted does not approve of it?

Answer:
Even if the created being is pleased, Allah is not pleased, and this involves harming people and consuming their wealth unjustly. Allah destroys riba, so harm befalls the people. Therefore, riba is not permissible, even if they mutually agree to it; it is not permissible. For this reason, the Prophet (peace and blessings be upon him) cursed the one who facilitates riba, even though he is willing, and even though the one who facilitates riba is willing, the Messenger of Allah (peace and blessings be upon him) cursed the one who pays it to the usurer. The criterion is not consent; the forbidden is not made permissible by mutual agreement. And the wisdom, may Allah know best, is mercy toward people, not taking their wealth without right, and burdening them with debts without benefit.