What Is The Difference Between Usury And Riba? - Islamic Knowledge Network

What Is The Difference Between Usury And Riba? In this informative video, we will clarify the important concepts of usury and riba, particularly in the context of Islamic finance. We will discuss how these terms are defined and their implications in financial transactions. The video will cover the differences between usury, which typically refers to excessive interest rates, and riba, a broader term that encompasses any unjust financial gain.

We'll explore the two main types of riba, riba al-nasiya and riba al-fadl, and how they affect economic interactions. Additionally, we will highlight the moral and spiritual dimensions of riba and its prohibition in Islam, emphasizing its impact on social equity and community welfare.

Through this discussion, viewers will gain a clearer understanding of how Islamic finance promotes fairness and risk-sharing, contrasting it with conventional interest-based systems. This video is designed for anyone looking to learn more about Islamic economic principles and their relevance in today’s financial landscape.

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About Us: Welcome to the Islamic Knowledge Network, your go-to source for deepening your understanding of Islam. Our channel is dedicated to exploring the rich tapestry of Islamic teachings, history, and culture. Here, you will find engaging discussions on the Quran, Hadith, and the lives of the Prophets, alongside contemporary issues faced by the Muslim community.