A Nigerian cleric has warned Muslim faithful in counties
across the world to desist from Riba (Usury).
Imam AbdulAfeez Musa described it as a social vice and one
of the greatest sins before Almighty Allah.
The religious leader stated that such a vice may cause
Muslims not to enter paradise on the day of judgement.
He spoke at the weekend while delivering a lecture at the
14th Annual General Meeting of Al-Hilal Cooperative Multipurpose Society
Limited.
The event was held at the Ogun Governor’s Office Central
Mosque in Abeokuta with the theme: “Islamic Finance; The Perfect Socio-Economic
Solace in Islam”.
The Imam stressed that Allah forbids Riba since he approved
lawful transactions among people in form of Islamic finance.
Musa said God attested in Qur’an Chapter 3 verse 130 which
states; “O you who have to believe, do not consume usury, doubled and multiplied,
but fear Allah that you may be successful”.
Admitting that buying and selling agreement must be reached
between two or more people, he advised them to apply Shari’ah law as practised
by Prophet Muhammad in his hadith.
“Receiving or paying interest is deemed to be a major sin in
Islam”, Musa declared and advised persons who have received such to donate it
to charity.
He explained that Shari’ah law does not mean cutting of
hands or legs as widely believed but controlling one’s self and spending.
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