A company in Algeria lends twenty-five million to be repaid in installments over ten years, totaling twenty-five million and seven hundred thousand; is this riba?
Machine translationRead the Arabic original
The questioner : O Shaykh.
The Shaykh: Yes.
The questioner : Another question.
The Shaykh : Bring it.
The questioner : A company lends us twenty-five million in Algerian currency. Twenty-five million, and over ten years, they deduct one thousand and seven hundred from us each month. One thousand and seven hundred each month. They lend us twenty-five million, and after ten years, it becomes twenty-five million and seven hundred thousand. Is this seven hundred thousand riba or not?
The Shaykh : Riba.
The questioner : Riba.
The Shaykh : Beware, do not take the twenty-five million. Do not take it; this is riba.
The questioner : Riba.
The Shaykh: Yes.
The questioner : May Allah reward you with good, O Shaykh.
The Shaykh : And beware, you, Abu al-Lihyah, are you bearded or have you shaved your beard?
The questioner : No, no, I have a beard, O Shaykh.
The Shaykh : They did not shave it for you.
The questioner : I have a beard, I have a beard, O Shaykh.
The Shaykh : Did they not shave it for you?
The questioner : No, no, they did not shave it. I face some trials with the gendarmerie and the police, but may Allah keep us firm, O Shaykh.
The Shaykh : What Allah willed. I congratulate you on your steadfastness.
The questioner : Amen, O Shaykh. Pray for us with you, O Shaykh.
The Shaykh : We hope that Allah keeps you and all the brothers firm upon the firm word in this life and in the Hereafter.
The questioner : Amen, O Shaykh. May Allah reward you with good, O Shaykh. Peace be upon you.
The Shaykh : And upon you be peace, and the mercy of Allah and His blessings. This is with the blessing, that is all.
The Shaykh: Yes.
The questioner : Another question.
The Shaykh : Bring it.
The questioner : A company lends us twenty-five million in Algerian currency. Twenty-five million, and over ten years, they deduct one thousand and seven hundred from us each month. One thousand and seven hundred each month. They lend us twenty-five million, and after ten years, it becomes twenty-five million and seven hundred thousand. Is this seven hundred thousand riba or not?
The Shaykh : Riba.
The questioner : Riba.
The Shaykh : Beware, do not take the twenty-five million. Do not take it; this is riba.
The questioner : Riba.
The Shaykh: Yes.
The questioner : May Allah reward you with good, O Shaykh.
The Shaykh : And beware, you, Abu al-Lihyah, are you bearded or have you shaved your beard?
The questioner : No, no, I have a beard, O Shaykh.
The Shaykh : They did not shave it for you.
The questioner : I have a beard, I have a beard, O Shaykh.
The Shaykh : Did they not shave it for you?
The questioner : No, no, they did not shave it. I face some trials with the gendarmerie and the police, but may Allah keep us firm, O Shaykh.
The Shaykh : What Allah willed. I congratulate you on your steadfastness.
The questioner : Amen, O Shaykh. Pray for us with you, O Shaykh.
The Shaykh : We hope that Allah keeps you and all the brothers firm upon the firm word in this life and in the Hereafter.
The questioner : Amen, O Shaykh. May Allah reward you with good, O Shaykh. Peace be upon you.
The Shaykh : And upon you be peace, and the mercy of Allah and His blessings. This is with the blessing, that is all.
Source
www.al-albany.com
The Arabic text is copied verbatim from the original source, without any edits.