Sunan Ibn Majah Riba is an Arabic word meaning interest, - TopicsExpress



          

Sunan Ibn Majah Riba is an Arabic word meaning interest, addition or growth. Riba was forbidden in the Medinan society of Muhammad, just as in the medieval Christianworld. Historically, the consensus of Muslim jurists held that any loan that involved an increase in repayments was forbidden, and as such, the Islamic state prohibited it. This prohibition was reconsidered with the advent of European influence during the Age of Enlightenment.
Posted on: Sat, 26 Oct 2013 03:59:45 +0000

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