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Home / Islamic Shariah / Islamic jurisprudence

Qu’ran Enjoinments Relating to Trade and Usury

Khaled Fahmy

Published On: 7/5/2017 A.D. - 10/8/1438 H.   Visited: 6306 times     


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They [the unbelievers] say that trading is just like usury, [tell them that] God allows trade and forbids usury.” [2:275]

“God does not bless usury but He blesses charity and makes it fruitful.” [2:276]

“When ye contract a debt for a fixed time record it in writing; let a scribe record it between you [two parties] in term of equity. But if a debtor is a minor, weak [in brain] or unable to dictates, call two men to witness; if not, one man and two women .. Do not be averse in writing the contract whether small or great and record the term.” [2:282], [This in case of extreme poverty and inability on the part of a debtor who instead of persecution and imprisonment deserves sympathy and help].

“If ye are on journey and cannot find a scribe a pledge with possession may serve the purpose and if one of you deposits a thing on trust with another; let the trustee faithfully discharge his trust.” [2:283]

“When measuring, make the measure perfect and weigh with a right balance.” [17:35]

“Keep up the balance with equity and never make the measure deficient.” [55:9]

“Woe to the defrauders who when they take they demand in full measure, but when they give they measure less.” [83:1-2]



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