What is the authenticity of the hadith: "Every loan that brings benefit is riba"?

The questioner : He saysThe questioner : What is the authenticity of the hadith: "Every loan that brings benefit is riba"? What is its defect? And what is the ruling that follows from its authenticity or weakness?

The Shaykh : As for the authenticity of this hadith, it is negated. As for the defect, the cause of its weakness is not present in my mind. As for the meaning of the hadith, it is not correct in its absolute sense. The intended meaning of the phrase "Every loan that brings benefit is riba" is that if this phrase is interpreted with the qualification that "every loan that brings benefit by condition is riba," then this phrase—and we do not say this hadith—this phrase with this qualification is correct in meaning. Every loan that brings benefit by condition is riba. It is not the case that every loan that brings benefit is riba. No, it is not riba. This is based on what is established in the story of the Prophet (peace and blessings be upon him) settling the debt of that Bedouin with four large camels in exchange for his small camel, and in some narrations, two camels in exchange for one camel. He (peace and blessings be upon him) explained this by saying: . Therefore, a loan that brings benefit without a condition is among the noble qualities of character. As for a loan conditioned on an increase, it is not prescribed.