Showing posts with label finance. Show all posts
Showing posts with label finance. Show all posts

Prohibition of Usury (Interest on Money/Loan/Credit)

(3) Prohibition of Usury (Interest on Money/Loan/Credit): Detailed Points



Manu Smriti: 11:62. Defiling a damsel, USURY, breaking a vow, selling a tank, a garden, one's wife, or child,


Manu Smriti: 8:152. Stipulated INTEREST beyond the legal rate, being against (the law), cannot be recovered; they call that a USURIOUS way (of lending); (the lender) is (in no case) entitled to (more than) five in the hundred.


Bible: Leviticus 25:36-37. Take thou no USURY of him, or increase: but fear thy God; that thy brother may live with thee. Thou shalt not give him thy money upon usury, nor lend him thy victuals for increase.

Bible: Ezekiel 18:13. Hath given forth upon USURY, and hath taken increase: shall he then live? he shall not live: he hath done all these abominations; he shall surely die; his blood shall be upon him.

Bible: Ezekiel 22:12. In thee have they taken gifts to shed blood; thou hast taken USURY and increase, and thou hast greedily gained of thy neighbours by extortion, and hast forgotten me, saith the Lord GOD.

Bible: Psalms 15:5. He that putteth not out his money to USURY, nor taketh reward against the innocent. He that doeth these things shall never be moved.


Quran: 2:275. Those who devour USURY will not stand except as stand one whom the Evil one by his touch Hath driven to madness. That is because they say: "Trade is like usury," but God hath permitted trade and forbidden usury. Those who after receiving direction from their Lord, desist, shall be pardoned for the past; their case is for God (to judge); but those who repeat (The offence) are companions of the Fire: They will abide therein (for ever).

Quran: 3:130. O ye who believe! Devour not USURY, doubled and multiplied; but fear God; that ye may (really) prosper.


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