good question.
i dont know why its not allowed in islam, as i am not muslim and would have no way of knowing. it happens to be that in judaism it's also not allowed, and therefore i will explain why, according to judaism, it is forbidden.
the way i understand it is this: it's a form of cruelty. If someone is in need of money, it's a form of cruelty to go and require them to pay you interest. it is the opposite of kindness.
hope i helped!!!
2007-01-06 14:36:52
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answer #1
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answered by themouse 2
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If they're paying interest on loans it leaves less money for car bombs and other things of that sort.
2007-01-06 14:34:08
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answer #2
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answered by iamnoone 7
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Stupid superstitions.
usury= lending money at interest:
Those who devour usury will not stand except as stands one whom the devil by his touch has driven to madness. That is because they say: Trade is like usury: but Allah has permitted trade and forbidden usury.... Allah will deprive usury of all blessing, but will give increase for deeds of charity, for He loves not any ungrateful sinner.... O you who believe, fear Allah and give up what remains of your demand for usury, if you are indeed believers. If you do it not, take notice of war from Allah and His messenger, but if you repent you shall have your capital sums; deal not unjustly, and you shall not be dealt with unjustly. And if the debtor is in difficulty, grant him time tin it is easy for him to repay. But if you remit it by way of charity, that is best for you if you only knew. [Surah al Baqarah, verse 275-280]. Qur'ân
Again stupid but hey if they want to stay poor good luck.
2007-01-06 14:32:07
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answer #3
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answered by Anonymous
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Because it's against their religion.
2007-01-06 14:31:51
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answer #4
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answered by Anonymous
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Christianity also has its problems with usary, however its all nonense, they just use zero coupon instruments.
2007-01-06 14:32:09
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answer #5
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answered by fourmorebeers 6
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Because they keep the interest in a seperate I.R.A.
2007-01-06 14:32:02
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answer #6
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answered by ? 4
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because they believe if a fellow Muslim is in need of money it is their duty to help him if they can and they should not profit monetarily from it.
2007-01-06 14:33:17
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answer #7
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answered by Anonymous
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