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The Divine Will on Riba

The "Divine Will on Ribā" means what Allah SWT desires the believers to do through His dislike, condemnation and prohibition of ribā in the Qurãn. This study investigates this matter. It represents a departure from the dominant tradition that focuses on what ribā is. Methodology of analysi...

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Main Author: Tahir, Sayyid
Format: Article
Language:English
English
Published: Islamic Economics Institute, King Abdul Aziz University Jeddah 2014
Subjects:
KBP1 Islamic law.Shariah.Fiqh
Online Access:http://irep.iium.edu.my/33991/1/27-1-02-%2BSayyid%2BTahir1.pdf
http://irep.iium.edu.my/33991/4/33991_Divine%20will_scopus.pdf
http://irep.iium.edu.my/33991/
http://iei.kau.edu.sa/Pages-VOL-27-01.aspx
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spelling my.iium.irep.339912017-09-19T07:55:24Z http://irep.iium.edu.my/33991/ The Divine Will on Riba Tahir, Sayyid KBP1 Islamic law.Shariah.Fiqh The "Divine Will on Ribā" means what Allah SWT desires the believers to do through His dislike, condemnation and prohibition of ribā in the Qurãn. This study investigates this matter. It represents a departure from the dominant tradition that focuses on what ribā is. Methodology of analysis is explained at the outset. Data from the Qurãn are reproduced. A preliminary conclusion is first drawn as to what the Basic Edict on ribā in the Qurãn is. That is then refined by closely examining the communication style in the Qurãn and bringing into the picture the Sunnah of the Prophet SAAWS traceable to selected Aḥadīth on ribā. Final conclusion on the 'Divine Will on Ribā' is this: all loans, debts and similar other exchanges must be settled on an equal basis (in terms of units of the object of exchange), and there should not be even an indirect violation of this principle. The study also explains the ḥikmah (Divine Wisdom) and practical implications of the Divine Will. Islamic Economics Institute, King Abdul Aziz University Jeddah 2014 Article REM application/pdf en http://irep.iium.edu.my/33991/1/27-1-02-%2BSayyid%2BTahir1.pdf application/pdf en http://irep.iium.edu.my/33991/4/33991_Divine%20will_scopus.pdf Tahir, Sayyid (2014) The Divine Will on Riba. JKAU: Islamic Economics, 27 (1). pp. 147-176. ISSN 7383-1018 http://iei.kau.edu.sa/Pages-VOL-27-01.aspx
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
English
topic KBP1 Islamic law.Shariah.Fiqh
spellingShingle KBP1 Islamic law.Shariah.Fiqh
Tahir, Sayyid
The Divine Will on Riba
description The "Divine Will on Ribā" means what Allah SWT desires the believers to do through His dislike, condemnation and prohibition of ribā in the Qurãn. This study investigates this matter. It represents a departure from the dominant tradition that focuses on what ribā is. Methodology of analysis is explained at the outset. Data from the Qurãn are reproduced. A preliminary conclusion is first drawn as to what the Basic Edict on ribā in the Qurãn is. That is then refined by closely examining the communication style in the Qurãn and bringing into the picture the Sunnah of the Prophet SAAWS traceable to selected Aḥadīth on ribā. Final conclusion on the 'Divine Will on Ribā' is this: all loans, debts and similar other exchanges must be settled on an equal basis (in terms of units of the object of exchange), and there should not be even an indirect violation of this principle. The study also explains the ḥikmah (Divine Wisdom) and practical implications of the Divine Will.
format Article
author Tahir, Sayyid
author_facet Tahir, Sayyid
author_sort Tahir, Sayyid
title The Divine Will on Riba
title_short The Divine Will on Riba
title_full The Divine Will on Riba
title_fullStr The Divine Will on Riba
title_full_unstemmed The Divine Will on Riba
title_sort divine will on riba
publisher Islamic Economics Institute, King Abdul Aziz University Jeddah
publishDate 2014
url http://irep.iium.edu.my/33991/1/27-1-02-%2BSayyid%2BTahir1.pdf
http://irep.iium.edu.my/33991/4/33991_Divine%20will_scopus.pdf
http://irep.iium.edu.my/33991/
http://iei.kau.edu.sa/Pages-VOL-27-01.aspx
_version_ 1643610545856708608
score 13.211869

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