Lahore: Let the usurers beware, whoever does not learn will lose in this world and in the hereafter: Allama Haqqani and Allama Mousavi’s talk, in today’s Ramadan transmission.
Allama Haqqani and Allama Mousavi, while explaining the Qur’an and Sunnah rules regarding usury, said, “When Allah Almighty has strictly forbidden, then why don’t those who recite the word refrain from usury business?”
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Allama Haqqani said that usury was forbidden even before Islam. It is haraam even after the advent of Islam. Allah says (interpretation of the meaning): If he does not give up his business [usury], it is a war against Allah and His providence. Allama Abdul Shakoor Haqqani narrated a hadith regarding the sin of usury that the Messenger of Allah said, “A man who takes and gives a dirham of usury is such that he has committed adultery with his mother 36 times.”
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In response to a question, Allama Haqqani said that Allah Almighty will make things easier by repenting. Those who want to repent should always save their lives by repaying bank loans etc.
In response to a question, Allama Haqqani said that governments will be responsible in the country where people do business with usury. Allama Haqqani said that when there is a situation where there is a system of interest in every sphere of our life, then the government will be responsible and where it is in the power of one person, then that person will be responsible.
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In response to a question, Allama Mousavi said that there are countries where people are compelled, the state should thereby protect its citizens from this sin.
Allama Mousavi said that those who take interest from banks for their house, car, they take this step on purpose, so they are serious sinners. He said, it is an unjust and grave sin. Allama Mousavi further said that insurance is halal in Islam.
Allama Haqqani declared insurance conditional and said that it is permissible to take goods in installments as long as it is taken according to the fixed amount, and with the passage of time, if the amount also increases, then that is usury.
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Allama Mousavi said that the empty claim of the state of Madinah will not work. It will also have to take practical steps. Interest business must be eliminated from the country. Allama Haqqani said that there should be Islamic banking in the country and our government should take immediate steps for this.
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