Types of riba mentioned in the hadiths and their prevalence in banks
Machine translationRead the Arabic original
The questioner:
The Shaykh’s position is that the riba mentioned in these hadiths is comprehensive.
The Shaykh:
Generally, we deal with two types: riba al-nasi'ah (usury of deferment) and riba al-fadl (usury of excess in a like-for-like exchange). This will be explained, if Allah wills. Yes.
The questioner:
Honorable Shaykh, a man says:
The Shaykh:
They also deal in riba al-qard (usury of a loan), and this is common among them: lending with interest. In detail, riba has three types: riba al-fadl, riba al-nasi'ah, and riba al-qard. All of these are found in banks, except what Allah wills.
The Shaykh’s position is that the riba mentioned in these hadiths is comprehensive.
The Shaykh:
Generally, we deal with two types: riba al-nasi'ah (usury of deferment) and riba al-fadl (usury of excess in a like-for-like exchange). This will be explained, if Allah wills. Yes.
The questioner:
Honorable Shaykh, a man says:
The Shaykh:
They also deal in riba al-qard (usury of a loan), and this is common among them: lending with interest. In detail, riba has three types: riba al-fadl, riba al-nasi'ah, and riba al-qard. All of these are found in banks, except what Allah wills.
Source
شرح بلوغ المرام من أدلة الأحكام [ صالح الفوزان ]، بداية من باب الربا — islamhouse.com (43:46)
The Arabic text is a machine transcription of the audio recording.