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Sunday, October 1, 2017

The Importance Of The Prohibition Of Riba In Islam



The Importance of the Prohibition of Riba in Islam

Imran N. Hosein

The author is Director of Islamic Studies, Joint Committee of Mulsim Organizations of Greater New York.

Anas (RAA) said that he heard the Messenger of Allah (SAW) say: "Among the signs of the Last Hour will be the removal of knowledge and the abundance of ignorance ..."
(Bukhari, Muslim)

 There is widespread ignorance amongst Muslims in this age concerning the subject of the prohibition of riba in Islam. And yet it appears to us from New York, the riba capital of the world, that there is, perhaps, no other subject more important than this to which Muslims should be directing urgent attention, for it is here that the fiercest attack of all has been launched by the enemies of Allah (SWT). The widespread ignorance concerning the prohibition of riba is most certainly a confirmation of that sign of the Last Hour spoken of by Prophet Muhammad (SAW).


Any attempt to demonstrate the importance of the prohibition of riba in Islam ought to be based upon the two basic sources of Islam, the word of Allah (SWT) and the word of the Prophet (SAW). The Prophet (SAW) had, earlier in the day of Friday the 9th, of Dhu al-Hijjah 10 A.H., delivered the khutbah alwida' in which, among other things, he enforced the prohibition of riba retroactively. He thus completed the process of the total eradication of riba from the economy and society over which Islam exercised control. Then, at about the time of asr of that same day, Allah (SWT) sent down the Revelation announcing the essential completion of the process of Revelation of Divine guidance to humanity:

This day have those who disbelieve given up hope of (destroying) your Deen. So fear them not. Rather fear Me. This day have I perfected for you your Deen, and completed My favor unto you, and have chosen for you as your Deen al-Islam (i.e., submission to the Supreme Will of Allah).
(Al-Maa'ida 5:3)

It certainly appeared as though the process of Divine Revelation of the verses of the Qur'an had come to an end. And yet this was not so. Some eighty-one days after the Revelation of the above verse the Prophet (SAW) died.

Shortly before his death, however, Allah (SWT) sent down the last Revelation with which He completed the Revelation of the Qur'an. In fact that last Revelation also terminated the process of the Revelation of Divine guidance which had commenced with our father Adam (AS), and had lasted for thousands of years. There can be no doubt that the topic chosen for the last Revelation must be one of supreme importance. What was the last Revelation?

To Be Continued....



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