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Shaykh Buti on Riba (usury) in the West July 3, 2007

Posted by islamicfinanceaffairs in Uncategorized.

Shaykh Muhammad Said Ramadan al-Buti on Riba (usury) in the West

live in a country, which is based on transacting with interest, and we
are unable to do anything without getting involved in making use of it.
I’ve got a family and have been planning to buy a house, but it is
impossible without getting a loan from a bank that, in turn, adds an
interest to it. Will you, please, advise me concerning what to do. This
is because the situation here is so hard while there are no Islamic
banks to make easy access to such services for Muslims.

Inquiring brother, I have said more than once, on this site, that
usury is prohibited. It is unlawful to deal in usury in the Western
societies the same as dealing with it in Islamic societies save for the
one who suffers necessity. You have, therefore, to consider your case.
If you feel it necessary to resort to usury, it is then permissible as
to you to deal in it, the same as the permissibility of eating the meat
of the dead animal and that of the pig as to the one that is
necessitated. I thank Allah that I am not one of those who cook up
legal verdicts according to the orders and whims of others.

Will you, please, give your verdict concerning taking loans
from a bank. In case of their being permissible in case of necessity,
would you mind, dear sir, clarify the quality of such necessity,
because I fear Allah, the Lord of the Worlds. This problem has widely
spread in our age, the age in which life has changed into struggle. It
may have even become Jihad (strife).

The necessity which allows usurious loans is the same necessity
which allows eating the meat of a dead animal, pig and the like, in
which case the one necessitated is exposed to perish from hunger,
nakedness or losing a lodging. Such is the necessity, which makes
prohibitions lawful.

Source: SunniPath Answers (http://qa.sunnipath.com)


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