Those who swallow down usury cannot arise except as one whom Shaitan has prostrated by (his) touch does rise. That is because they say, trading is only like usury; and Allah has allowed trading and forbidden usury. To whomsoever then the admonition has come from his Lord, then he desists, he shall have what has already passed, and his affair is in the hands of Allah; and whoever returns (to it)-- these arc the inmates of the fire; they shall abide in it.
(Quran, Al-Baqarah, 2: 275)
in other words
"Those who charge usury are in the same position as those controlled by the devil's influence. This is because they claim that usury is the same as commerce. However, God permits commerce, and prohibits usury. Thus, whoever heeds this commandment from his Lord, and refrains from usury, he may keep his past earnings, and his judgment rests with God. As for those who persist in usury, they incur Hell, wherein they abide forever."
Cliffsnotes: The Qur'an says that persistent usurers will go Hell for eternity.
Discuss
Hudson Williams
What do you mean by usury?
Adam Baker
charging interest.
David Perez
Holohoax truth
David Nguyen
Why didn’t our forefathers put anything in the Constitution to warn the people about usury or at least paint it as evil, so we could always use the Constitution as a crutch against usury, like we do with firearm seizure? Or is there something in it that does address it?
Hudson Collins
Founding fathers* i mean
Levi Peterson
Well,literally every country in the world has banks which charge interest. Its important to have financial services which lend people money and the only way that is possible is if they are allowed to charge interest..
Liam Nguyen
Wrong. Fuck your central banking kikery.
Julian Wilson
We as individuals must resist aiding and abetting these usurious institutions and spread the Word to alert the ignorant.
Austin Rivera
>when your sympathy and understanding for most things islamic grows every day
Charles Phillips
So how can I buy a house without taking a loan?
Evan Davis
This - seems sort of red pilled ; highly subverted by the msm memes and terrorist memes. They go a little heavy handed on their restrictions on certain things, but its obvious they feel strongly about anti-degeneracy lol they realized that if you compromise at all, it ALWAYS spirals out of control. Now look at us
Zachary Robinson
Straight cash homie
Nathan Perez
And I don't think willingly subjecting yourself to usurious practices is nearly as frowned upon as practicing usury yourself, but it is discouraged.
Lincoln Bell
Alcohol/drugs and gambling are also discouraged, but not explicitly punishable by death or damnation as far as I can understand.
Jeremiah Collins
If people started spending only cash, the entire economy would crash and never recover because the amount of consumption and investment would fall. Lending facilitates economic activity. Financial services are required to maximise the economy. Ultimately people of the 7th century were not very knowledgable.
Jordan Cox
You'll never take away my right to charge interest, goyim.
Andrew Campbell
Islamic banking allows lending in the form of investment in a venture. For example, you sell a stake in your company to the bank instead of taking out a loan and paying interest.
This way, the bank actually wants its client to succeed because it owns a stake in that venture. In (((western))) banking, banks just charge interest until they cut the client off for risk management purposes if the client appears to be nearing bankruptcy.
Jose Rogers
>This way, the bank actually wants its client to succeed because it owns a stake in that venture. If a business takes a bank loan, the bank wants the business to succeed so that the loan gets repaid in full plus interest.
In the 'islamic banking' financing the stake in the venture is like charging interest. However using only this method would greatly reduce flexibility and cause the economy crash making everyone poorer.
James Nelson
An Islamic bank only profits if the client profits from the venture whereas a (((western bank))) collects interest regardless of the client's situation and only loses money in cases of default.
Cooper Perez
So the western bank may fail to profit if the client fails to profit. Also the interest itself is not a profit. If a bank earns 10 million in interest but its staff costs are 11 million then its an overall loss. So you see interest is required for the bank to function well and for the borrower to have flexibility in what type of loan they want.
Logan Harris
Thomas Jefferson's Warning From Jaeger Research Institutue 3-22-9
Why are the stocks of so many corporations taking plunges? Because many of them are over-leveraged, meaning simply: they have too much debt. Why do they have too much debt? Jefferson answered this very question over a hundred years ago. To wit:
"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them, will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered."
