Riba (Usury): Difference between revisions

'''Riba''' (ربا; lit. "increase") is a financial concept adapted by [[Shari'ah (Islamic Law)|Islamic law]] similar to usurious interest whose specific nature and modern application is widely contested by Islamic scholars and not clearly delineated in Islamic [[scriptures]], despite generally being understood by common Muslims as meaning any form of interest whatsoever. Riba is mentioned and prohibited by the Quran in grave terms several times.<ref name=":0">{{Citation|title=Encyclopaedia of Islam|publisher=E.J. Brill|volume=8 NED-SAM|editor1=C.E. Bosworth|editor2=E. van Donzel|editor3=W.P. Heinrichs|editor4=G. Lecomte|edition=New Edition [2nd]|location=Leiden|chapter=Riba|pages=491-493|publication-date=1995|isbn=90 04 09834 8}}</ref>