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Borrowing Money Laws at Banks According to Islam

Who has never borrowed money? Of course both people who are or people who are less materially borrowing money are normal and are naturally in accordance with human nature according to Islam or human concepts in Islam. Assets in Islam are also the most important part so that people can move, do charity, and carry out their life goals. Every human being who lives there sometimes needs a loan and needs to be helped to meet his needs. Needs can be primary, secondary, or tertiary. Even among the upper class people, of course, they often borrow and borrow money that can be used for tertiary purposes or develop their business and capital. Even the lower classes can also borrow money to fulfill their primary needs, from food, health needs, education, or other household needs. For this reason it is necessary to help one another, and to avoid the arrogant nature of not caring (the arrogant nature of Islam is something that is hated by Allah SWT). In Islam borrowing and borrowing (debt) is someth...

Understanding Usury According to Islam

Every prohibition and rule of God in Islamic teachings is certainly not just to avoid acts that are personal in nature. The rules and prohibitions that God gives always affect individuals and social as evidence that there are many functions of faith in Allah SWT. For those who violate it, the loss is in themselves and also the impact on the people around them. "O ye who believe, do not eat usury multiplied, and ask your trust in Allah that you may have good fortune." (Surah Ali-Imran: 130) In Islamic teachings, what Allah conveyed through the above verse shows that usury is prohibited. In Islam, behavior and perpetrators of usury are acts of crime that Allah will curse both in his life in the world and in the hereafter. Usury is often related to bank interest or the addition of loan repayments. Included in this (wealth in Islam) usury is a regulated part of Islamic fiqh. This is also conveyed by the Prophet Muhammad in a hadith, "the Messenger of Allah cursed (condemned)...

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