Some semi-governmental institutions lend money to some farmers or industrialists on the condition that they take a one percent rate at the time of repayment in exchange for
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The questioner : Professor, there is another question. In some of our semi-governmental institutions here, for example, the Agricultural Credit Institution and the institution they call...
Another questioner: Water
The questioner : Industrial water
Another questioner: Industrial water
The questioner : Here, for example, they give loans to industrialists or farmers. We, of course, do not [accept] riba, no matter how little the riba is. But these people come and tell you, "We take, for example, one percent." They convince the farmer or this factory owner that it is not interest; it is in exchange for administrative consultations and...
The Shaykh : What Allah willed.
The questioner : This, of course, invalidates the matter.
The Shaykh : By Allah, if it were truly not a trick or a ruse, there would be nothing wrong with it. But these people, I mean, if we do not say they disbelieve in Allah, at least their faith in Allah is greatly weakened. Many of them, even I feel this in the people who seek fatwas. You feel that this person does not seek a fatwa except that he knows the haram and the halal, yet you find him twisting and turning to get a fatwa from you that suits him. This is not one who fears his Lord, nor one who is afraid of his Lord. I do not know what he is asking about, whether it is haram or halal. Therefore, these people, the usurers, they deny it, they present the issue, they call it what? An added fee. This is an added fee. Why is this fee being multiplied? This fee multiplies the money, even though the writing is the same. They make riba permissible with the lowest of tricks.
Another questioner: The Islamic bank...
The questioner : I mean, even some of those who deal with banks with greed, when you bring up the record of the Islamic bank, he tells you, "I am not committed to the religion, but this is the most riba." The commercial mentality tells you, "This is the riba..."
The Shaykh : ... .
The questioner : Now... banks... they say when some merchants fled to the Islamic bank, they told them, "Come, we will deal with you as the Islamic bank does, but..." they flee from... more than this.
The questioner : ... we will help you
Another questioner: ... the branch manager who is on Ibn Sina Street, yes
Another questioner: Yes
Another questioner: I told him, "I... have goods and I want, for example, to sell them to you over a period of six months. How much interest do you take?" He said... interest, he said... "We do murabahah." I told him, "With you, but why is the rate coming out to be approximately... let's say this. I want to test you. I have a son who says six percent. Well, if you do not pay it back after six months, after twelve months, how much do you take?" He said, "Of course, the interest increases."
The Shaykh : Murabahah
The questioner : I told him, "Peace be upon you..."
The Shaykh : Murabahah
The questioner : So this is the riba. We told you it is riba.
Another questioner: ... did you hear me, my Shaykh?
The Shaykh : How? So for this reason
The questioner : Yes. We pray.
Another questioner: Not yet...
The questioner : The adhan
The Shaykh : ... the time... the side
Another questioner: Yes, yes
The Shaykh : ... in this mosque for a long time.
Another questioner: Water
The questioner : Industrial water
Another questioner: Industrial water
The questioner : Here, for example, they give loans to industrialists or farmers. We, of course, do not [accept] riba, no matter how little the riba is. But these people come and tell you, "We take, for example, one percent." They convince the farmer or this factory owner that it is not interest; it is in exchange for administrative consultations and...
The Shaykh : What Allah willed.
The questioner : This, of course, invalidates the matter.
The Shaykh : By Allah, if it were truly not a trick or a ruse, there would be nothing wrong with it. But these people, I mean, if we do not say they disbelieve in Allah, at least their faith in Allah is greatly weakened. Many of them, even I feel this in the people who seek fatwas. You feel that this person does not seek a fatwa except that he knows the haram and the halal, yet you find him twisting and turning to get a fatwa from you that suits him. This is not one who fears his Lord, nor one who is afraid of his Lord. I do not know what he is asking about, whether it is haram or halal. Therefore, these people, the usurers, they deny it, they present the issue, they call it what? An added fee. This is an added fee. Why is this fee being multiplied? This fee multiplies the money, even though the writing is the same. They make riba permissible with the lowest of tricks.
Another questioner: The Islamic bank...
The questioner : I mean, even some of those who deal with banks with greed, when you bring up the record of the Islamic bank, he tells you, "I am not committed to the religion, but this is the most riba." The commercial mentality tells you, "This is the riba..."
The Shaykh : ... .
The questioner : Now... banks... they say when some merchants fled to the Islamic bank, they told them, "Come, we will deal with you as the Islamic bank does, but..." they flee from... more than this.
The questioner : ... we will help you
Another questioner: ... the branch manager who is on Ibn Sina Street, yes
Another questioner: Yes
Another questioner: I told him, "I... have goods and I want, for example, to sell them to you over a period of six months. How much interest do you take?" He said... interest, he said... "We do murabahah." I told him, "With you, but why is the rate coming out to be approximately... let's say this. I want to test you. I have a son who says six percent. Well, if you do not pay it back after six months, after twelve months, how much do you take?" He said, "Of course, the interest increases."
The Shaykh : Murabahah
The questioner : I told him, "Peace be upon you..."
The Shaykh : Murabahah
The questioner : So this is the riba. We told you it is riba.
Another questioner: ... did you hear me, my Shaykh?
The Shaykh : How? So for this reason
The questioner : Yes. We pray.
Another questioner: Not yet...
The questioner : The adhan
The Shaykh : ... the time... the side
Another questioner: Yes, yes
The Shaykh : ... in this mosque for a long time.