Understanding Interest in Islam
The concept of riba (interest) is strictly prohibited in Islam. It is considered a form of exploitation and injustice, as it allows individuals to profit from money without contributing anything tangible.
Allah's Forgiveness and Interest
While Allah is merciful and forgiving, He has clearly stated that riba is forbidden. This means that He does not forgive the act of taking or giving interest.
Seeking Forgiveness
Muslims who have engaged in riba in the past are encouraged to repent and seek Allah's forgiveness. This involves:
- Stopping all future dealings involving interest.
- Repenting sincerely for past actions.
- Making amends for any harm caused.
Key Points to Remember:
- Allah's forgiveness is vast, but He has set clear boundaries.
- Repentance is essential for seeking forgiveness for past sins.
- Avoiding riba is a fundamental principle of Islamic finance.
