Tag: quran
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Is Interest only Impermissible if the interest rates are excessive/exorbitant?

بسم الله الرحمن الرحيم 19 Rabi ul Awwal 1447 /12 September 2025 All praise is due to Allah, the Cherisher, Sustainer, Nourisher and Provider of the entire creation. May peace, blessings and salutations be upon our Beloved Prophet Muhammed ﷺ. Very frequently we come across the statement arguing that the prohibition of riba (interest) is…
