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What is the lexicographic and Shar`i definition of Riba?

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Asked on June 28, 2008 12:00 am
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The lexicographic (dictionary) meaning of Riba is: A general increase. According to the Shar`i it is classified into two types:
  1. Interest in sale
  2. Interest in loan
Both of these are Haraam. Many severe warnings and admonishes have been reported in the Qur`aan Shareef and Ahadith for the giver and taker thereof (Kitaabul Buyoo).
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Answered on June 28, 2008 12:00 am