What does Riba mean?
Interest: any increase charged on a loan, forbidden in the strongest terms in the Quran.
Riba explained
Allah has permitted trade and forbidden riba, and declares war on those who persist in it. It includes bank interest, both paying and receiving. Islamic finance replaces it with trade, partnership and leasing structures.
Related terms
Questions about Riba
What does Riba mean?
Riba (رِبَا, Riba) means: Interest: any increase charged on a loan, forbidden in the strongest terms in the Quran.
How is Riba written and pronounced in Arabic?
It is written رِبَا and pronounced Riba. It is also spelled Usury, Interest.
Where does Riba come from in the Quran or hadith?
Allah has permitted trade and forbidden riba, and declares war on those who persist in it. It includes bank interest, both paying and receiving. Islamic finance replaces it with trade, partnership and leasing structures. Source: Al-Baqarah 2:275-279.
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