The claim that riba al-fadl (usury of excess in a like-for-like exchange) is permissible, and the refutation of its proponents
Machine translationRead the Arabic original
The questioner:
Honorable Shaykh, a man holds that riba al-fadl is permissible, so he acts upon it, citing weak evidence that has been refuted. What is your opinion regarding the fact that many such people have become prevalent in this time?
The Shaykh:
There is no doubt; this is a statement made explicit by some of the schemers who claim to be jurists, who seek to find ways to permit riba (usury or interest). It is a false statement that has been refuted. The scholars have become aware of it, refuted it, and dismantled it, and their refutations are available, praise be to Allah. Among the best and most comprehensive of these is the refutation by Shaykh Mahmud al-Tuwayjiri (may Allah have mercy on him) of those who permitted the mountain of excess in currencies. Shaykh 'Abd al-'Aziz ibn Baz refutes this person and others.
Some scholars in Egypt permitted it, and they were refuted in the fiqh academies and elsewhere. So, praise be to Allah, they are surrounded, and their statements, praise be to Allah, are abandoned and have no value among the Muslims, because they are anomalous statements and false statements.
The questioner:
In the original.
The Shaykh:
They have become, praise be to Allah, hated by the people and have no value. This is from the mercy of Allah (Glorified and Exalted is He), and that Allah casts humiliation and disgrace upon those who disobey Him and contradict His command.
Honorable Shaykh, a man holds that riba al-fadl is permissible, so he acts upon it, citing weak evidence that has been refuted. What is your opinion regarding the fact that many such people have become prevalent in this time?
The Shaykh:
There is no doubt; this is a statement made explicit by some of the schemers who claim to be jurists, who seek to find ways to permit riba (usury or interest). It is a false statement that has been refuted. The scholars have become aware of it, refuted it, and dismantled it, and their refutations are available, praise be to Allah. Among the best and most comprehensive of these is the refutation by Shaykh Mahmud al-Tuwayjiri (may Allah have mercy on him) of those who permitted the mountain of excess in currencies. Shaykh 'Abd al-'Aziz ibn Baz refutes this person and others.
Some scholars in Egypt permitted it, and they were refuted in the fiqh academies and elsewhere. So, praise be to Allah, they are surrounded, and their statements, praise be to Allah, are abandoned and have no value among the Muslims, because they are anomalous statements and false statements.
The questioner:
In the original.
The Shaykh:
They have become, praise be to Allah, hated by the people and have no value. This is from the mercy of Allah (Glorified and Exalted is He), and that Allah casts humiliation and disgrace upon those who disobey Him and contradict His command.
Source
شرح بلوغ المرام من أدلة الأحكام [ صالح الفوزان ]، تتمة باب الربا — islamhouse.com (36:36)
The Arabic text is a machine transcription of the audio recording.