Riba in The Quran
by Kashif Ahmed Shehzada
QUESTION#19
What exactly does the Quran mean when it says that Riba is a war against Allah? What does Riba mean?
Rizwan Sayed
Bahrain
ANSWER#19
In its general linguistic sense the term "Riba" denotes an "Addition" to or an "Increase" of a thing over or above its original size and amount. Inspite of all the deliberate confusion raised in order to keep the correct understanding of "Riba" in ambiguity, the Quran has very clearly and unambiguously defined "Riba". While warning Believers concerning it, the Quran defines what "Riba" is when it states:
"wa in tubtum fa lakum ru'u_su amwa_likum"
"..And if ye repent, then ye have your principal " (2:279)
In the above verse it is clarified that "Riba" is that amount or remuneration which is in excess to that of the original Capital or Principal, what is called "Ras ul Maal" in Arabic. The verse ends with the phrase:
"la_ tazlimu_na wa la_ tuzlamu_n(a)"
"..Wrong not, and ye shall not be wronged." (2:279)
Thus it is evident that not demanding remuneration in excess of the original Principal is not "Zulm" or oppression, and demanding remuneration in excess to the Principal (Ras-ul Maal) comprises "Zulm" or oppression and wrongdoing on the part of the lender, and hence this clarifies that "Riba" is that amount or remuneration that is demanded in excess to the principal or original capital sum.
The Quran says that we have the right to demand remuneration for our labor and efforts only, and not for the Capital as the ownership of the entire resources of the World belongs to Allah. While we on the other hand, are entitled to the compensation for our labor only:
"Wa al laisa lil insa_ni il la_ ma_ saa_"
"That man can have nothing but what he strives for." (53:39)
In Trade, which the Quran calls as "Bai" and makes permissible, we put in Capital along with Labor and in turn are entitled to remuneration for our Labor only, but in "Riba", no labor is put in and the remuneration is demanded restricted only for Capital. Allah has brought "Riba" and "Bai" side by side as opposites in the Quran and this further clarifies the concept of "Riba". People allege that "Riba" is the same as Trade, as in both Capital is invested and remuneration is sought, but Quran refutes such, by stating that "Riba" is different from "Bai", such that in it, one also puts in his labor and effort along with the capital, and the increase is sought not for the Capital but for ones efforts in selling the goods or services. Those who consume "Riba" are identified as people who are in a craze for increasing their wealth:
"Those who consume Riba cannot rise up save as he ariseth whom the devil hath struck mad by (his) touch " (2:275)
Their argument is that "Riba", i.e. increase and remuneration against Capital, is the same as Trade:
"..That is because they say: Trade is just like Riba.." (2:275)
But Allah refutes such individuals and says that "Riba" is Haraam (Prohibited) , while Trade, in which a person invests his Capital as well as Labor, is Halaal (Permissible):
"..Whereas Allah permitteth trading and forbiddeth Riba. He unto whom an admonition from his Lord cometh, and (he) refraineth (in obedience thereto), he shall keep (the profits of) that which is past, and his affair (henceforth) is with Allah. As for him who returneth (to Riba)--Such are rightful owners of the Fire. They will abide therein." (2:275)
Generally we acquire resources by the following means:
(1) GIFTS: Some one gives us something out of his free will and consent.
(2) WAGES: The remuneration we get for our Labor and efforts.
(3) RIBA: Remuneration against Capital, without putting in any Labor or efforts. Riba is prohibited by Quran.
(4) PROFITS: Remuneration against Capital as well as Labor.
(5) GAMBLING: Remuneration acquired without putting in any Labor, but Capital only in games of chance. Gambling is prohibited by Quran.
It should be observed that apart from (1), the means by which
remuneration is acquired without putting in Labor and efforts are
Prohibited by Quran. (Riba and gambling)
Acquiring "Riba" has been identified as "War from Allah and His Messenger":
"And if ye do not (give up income acquired from Riba),
then be warned of war (against you) from Allah and His messenger.
And if ye repent, then ye have your principal. Wrong not, and ye
shall not be wronged." (2:279)
This is so because "Riba" is the antithesis if the Quranic Economic order. An Economy based on Riba results in individuals or organizations growing as parasites on the Labor and efforts of other people instead of their own, and cause massive economic exploitation and the emergence of Class conflicts. In a Riba based Economy, the wealth is restricted in the hands of a minority only while in the Quranic Economic order the wealth circulates evenly in the whole of society and there are no class conflicts in the form of Rulers, and Capitalists against workers or laborers. (See 59:7)
In the Quranic social order, the Believers work to the best of their ability, and keep only the necessities of life with them, and give the rest to those who are more deserving, as the following verse indicates:
"And they ask thee what they ought to spend. Say: That which is superfluous. Thus Allah maketh plain to you (His) revelations, that haply ye may reflect" (2:219)
In a Riba based society, the prime interest to the Capitalist is to his property and his own self, while in the Quranic Economic order the prime interest is not to ones own Assets, but the well being of our fellow human beings on a wider level.
" They (the believers) give preference to others over themselves even though they may themselves face hardships.." (59:9)
The Believers in the Quranic message form a society
whose outlook is completely different from that of a society
where people amass wealth, on the labor and efforts of others and
live luxuriously as parasites while their fellow human beings
cannot even have the basic necessities of life. This should
clarify why acquisition of 'Riba' has been resented to the extent
of making an announcement of War by Allah and His Messenger.