What is your comment on what Rashid Rida said in al-Manar that the riba (usury or interest) forbidden in the Qur'an is riba al-fadl (usury of excess in a like-for-like exchange) and not riba al-nasi'ah (usury of deferment)?
Machine translationRead the Arabic original
The questioner : The Prophet forbade riba (usury or interest). Allah (Mighty and Majestic) — the riba (usury or interest) that He forbade in the Qur'an by definitive text is riba al-nasi'ah (usury of deferment), not riba al-fadl (usury of excess in a like-for-like exchange). Is this correct?
The Shaykh : This is correct with regard to the verse:, but in His saying (Mighty and Majestic): [Al-Baqarah 2:278] what? .
No,[Al-Baqarah 2:91] this negates all riba (usury or interest). So the verse of is correct in that, but this one includes both.
The questioner : ... This verse explains that verse, and this is what is known among the Arabs.
The Shaykh : We say that Islam did not come to approve of the Arabs regarding some matters and not others. Riba al-nasi'ah (usury of deferment) was known among the Arabs, and riba al-fadl (usury of excess in a like-for-like exchange) was also known among the Arabs. So Islam came to address all the corruption existing among the Arabs. Then, this answer, even if we assumed we had only the verse:, is the answer of one who does not pay attention to the Sunnah and the rulings in it that are additional to the Qur'an. And this is, in fact, the methodology of Muhammad 'Abduh, a broad and dangerous methodology, of which Sayyid Rashid Rida himself was influenced in some aspects, even though he is a person of hadith. This methodology is sufficient to refute by the saying of the Prophet (peace and blessings be upon him): . So suppose the Qur'an did not forbid except riba al-nasi'ah (usury of deferment), why do we not forbid riba al-fadl (usury of excess in a like-for-like exchange) which is forbidden in authentic hadiths?
The questioner : ... In this regard, among the ... prohibition of riba al-fadl (usury of excess in a like-for-like exchange) ... Ibn 'Abbas initially permitted it ... .
The Shaykh : And in the end?
The questioner : ... He retracted.
The Shaykh : Yes, fine, Muhammad 'Abduh must retract.
Please proceed.
The Shaykh : This is correct with regard to the verse:
Do not consume riba (usury or interest) in increased multiples
لَا تَأْكُلُوا الرِّبَا أَضْعَافًا مُضَاعَفَةًgive up what remains [due to you] of interest, if you should
وَذَرُوا مَا بَقِيَ مِنَ الرِّبَا إِنْ كُنْتُمْbelievers
مُؤْمِنِينَNo,
if you are [indeed] believers?"
إِنْ كُنْتُمْ مُؤْمِنِينَin increased multiples
أَضْعَافًا مُضَاعَفَةًThe questioner : ... This verse explains that verse, and this is what is known among the Arabs.
The Shaykh : We say that Islam did not come to approve of the Arabs regarding some matters and not others. Riba al-nasi'ah (usury of deferment) was known among the Arabs, and riba al-fadl (usury of excess in a like-for-like exchange) was also known among the Arabs. So Islam came to address all the corruption existing among the Arabs. Then, this answer, even if we assumed we had only the verse:
Do not consume riba (usury or interest) in increased multiples
لَا تَأْكُلُوا الرِّبَا أَضْعَافًا مُضَاعَفَةًI will not find one of you leaning on his couch saying: This is the Book of Allah; so what we find therein as forbidden, we forbid, and what we find therein as lawful, we make lawful. Do you not know that I have been given the Qur'an and something similar to it with it
لا ألفيَنَّ أحدكم متَّكئًا على أريكته يقول : هذا كتاب الله ؛ فما وجدنا فيه حرامًا حرَّمناه ، وما وجدنا فيه حلالًا حلَّلناه ؛ ألا إني أوتيتُ القرآن ومثله معهThe questioner : ... In this regard, among the ... prohibition of riba al-fadl (usury of excess in a like-for-like exchange) ... Ibn 'Abbas initially permitted it ... .
The Shaykh : And in the end?
The questioner : ... He retracted.
The Shaykh : Yes, fine, Muhammad 'Abduh must retract.
Please proceed.
Source
www.al-albany.com
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