What is the ruling on dealing with riba (usury or interest) in a minor way in some transactions, then taking the riba percentage and getting rid of it?
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Question:
This is a statement that has spread widely in the media, and we hope for a clear explanation from your eminence regarding it. They say that vast amounts of capital cannot be accommodated by the market, and for this reason they have permitted dealing in some transactions, even if they contain a small amount of riba, less than thirty percent, and then extracting this riba percentage afterwards and getting rid of it. Is this statement correct? And what is your guidance regarding it?
Answer:
This is a false statement. It is not permissible for a person to deal with riba and say, "I will get rid of it." This is not permissible. This is not permissible. Allah has cursed the one who eats riba, the one who gives it, the one who writes it, and its two witnesses. It is not permissible for a person to deal with riba with any intention whatsoever. Allah has forbidden riba.
The Messenger of Allah (peace and blessings be upon him) forbade it, and the Muslim community agreed on its prohibition. If a person used to engage in riba (usury or interest) and accumulated wealth from it, then repented to Allah, what should he do with this money? They said: He should dispose of it by placing it in a public project and getting rid of it. This applies to the one who has accumulated wealth and has repented from it. However, if he says, "I will deal in riba, take it, and spend it in the causes of good," this is not permissible. This is taking riba. Allah, Mighty and Majestic, cursed the Jews for their deeds, among which is[An-Nisa 4:161]. He cursed them merely for taking riba. Yes, even if they intended such and such. Yes.
This is a statement that has spread widely in the media, and we hope for a clear explanation from your eminence regarding it. They say that vast amounts of capital cannot be accommodated by the market, and for this reason they have permitted dealing in some transactions, even if they contain a small amount of riba, less than thirty percent, and then extracting this riba percentage afterwards and getting rid of it. Is this statement correct? And what is your guidance regarding it?
Answer:
This is a false statement. It is not permissible for a person to deal with riba and say, "I will get rid of it." This is not permissible. This is not permissible. Allah has cursed the one who eats riba, the one who gives it, the one who writes it, and its two witnesses. It is not permissible for a person to deal with riba with any intention whatsoever. Allah has forbidden riba.
The Messenger of Allah (peace and blessings be upon him) forbade it, and the Muslim community agreed on its prohibition. If a person used to engage in riba (usury or interest) and accumulated wealth from it, then repented to Allah, what should he do with this money? They said: He should dispose of it by placing it in a public project and getting rid of it. This applies to the one who has accumulated wealth and has repented from it. However, if he says, "I will deal in riba, take it, and spend it in the causes of good," this is not permissible. This is taking riba. Allah, Mighty and Majestic, cursed the Jews for their deeds, among which is
And [for] their taking of usury while they had been forbidden from it
وَأَخْذِهِمُ الرِّبَا وَقَدْ نُهُوا عَنْهُ
Source
قناة «العلامة الدكتور صالح الفوزان»، 432 - ماحكم العمل بالربا بشكل يسير في بعض المعاملات ثم يأخذون نسبة الربا ويتخلصون منها؟ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.
