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Madinat al-Muslimeen Islamic Message Board
| Ribba |
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| somali_girl |
| 05/06/05 at 17:06:13 |
| [slm] Can someone explain to me what Ribba is ??? |
| riba |
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| jannah |
| 05/06/05 at 18:12:10 |
| wlm, riba or ribba is the Arabic word for interest/usury |
| Ribba |
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| somali_girl |
| 05/08/05 at 17:49:40 |
| [slm] No what i meant is like what are some examples of it |
| Ribba |
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| Abu_Hamza |
| 05/09/05 at 10:51:35 |
| [slm] For example, when you give a loan of $100 to someone and require that he/she returns the loan to you after a year along with $5 for each month, that is ribaa. Another example is if you buy a car whose value is $15,000. But you cannot put down the entire amount at once so you make an agreement with the seller that you will pay the total amount in 15 payments of $1,000 each. The seller says, well, since you're not paying the whole amount at once, you will have to pay 15 payments of $1,100 each, where $1,500 will be the total interest on the car. This is also ribaa. There are *many* examples, and of different kinds also. But examples such as above are most relevant to our times for most of us. Wallahu a'lam. |
| thanks |
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| somali_girl |
| 05/09/05 at 19:04:22 |
| [slm] thanks for tellin me |
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