Earlier this week, President Tinubu addressed the nation on economic policies and interventions to mitigate the impact of removing petrol subsidies on Nigerians. Following his broadcast, a good brother from Bauchi State wrote an insightful letter to the President, expressing concerns about certain policies that may have adversely affected the Muslim Ummah in Nigeria. While many people applauded the brother's perspective, some individuals with opposing views resorted to criticism and derogatory remarks against him and the entire Muslim community. Read his letter here

Motivated by this incident, I feel compelled to shed further light on why the Muslim Ummah in Nigeria (and Muslims in general) abstains from taking loans with interest. This practice is not merely a matter of personal preference; rather, it is deeply rooted in our religious beliefs and the teachings of the Holy Qur'an and Sunnah.

As devout Muslims, we firmly adhere to the divine guidance provided in the Holy Qur'an. In Surah Baqara Chapter 2: 278-279, Allah issues a stern warning against engaging in interest transactions, stating,

"O Believers, fear Allah and give up that interest which is still due to you, if you are true Believers; but if you do not do so, then you are warned of the declaration of war against you by Allah and His Messenger...."

This clear prohibition serves as a powerful reminder that Allah has declared war on those who persist in dealing with interest. As believers, we fear the consequences of such actions and strive to uphold the principles outlined in the Qur'an.

Furthermore, the Prophet Muhammad (peace be upon him) emphasized the gravity of engaging in interest transactions through various Hadiths. One such narration from Sahih Muslim highlights the severity of the sin, "The Messenger of Allah cursed the one who consumes riba (usury or interest), the one who gives it to others, the one who writes it down and the two who witness it, and he said: 'They are all the same.'"

This Hadith underscores the severity of dealing with interest and its detrimental effects on society. As Muslims, we seek to avoid any practices that are explicitly cursed by Allah through his Messenger of Allah.

It is essential to recognize that our faith guides us not only in acts of worship but also in our everyday financial dealings. By abstaining from interest-based loans, we strive to maintain our integrity as believers and protect ourselves from the consequences warned by Allah and His Messenger.

In conclusion, our refusal to partake in loans with interest is deeply rooted in our commitment to follow the teachings of Islam. As we commend President Tinubu's efforts to address economic challenges, we humbly urge him to consider alternative financing methods that are in harmony with Islamic principles.

May Allah guide us all on the path of righteousness and bless our nation with prosperity and unity.

Abu Afs Lukgaf

Apt n commendable. May Allah guide our affairs

Muslims are taking interest based loan from Micro finance banks, Cooperative societies, etc

Maa sha Allah! Jazakallah khair🙌🏾🌝

No body will give you loan, which you'd use for years. You think I don't have what to do with the money? 😂

So, Tinubu should not give thoe who are going to pay 10-15 % interest per annum, but should come and give you, because allah says so? 😂

Muslims and entitlement comedy!

Ask allah to drop it from heaven mana!

Jerryhare:
Muslims are taking interest based loan from Micro finance banks, Cooperative societies, etc

They don't know😂

Jerryhare:
Muslims are taking interest based loan from Micro finance banks, Cooperative societies, etc

Lapo, Gurumi, sharp-sharp, etc are the places where our Muslims brothers and sisters are running to for financial assistance with interest rate

They dont take loans with interest but they eat VAT from alcohol.

Is that not hypocrisy ?

All this yeye old believes

🙃

sotall:
They dont take loans with interest but they eat VAT from alcohol.

Is that not hypocrisy ?

You can see that too,christains and other religion needs to own up and stop all these shenanigans from Muslims.

Christians need to start picking up Quran and start reading them in order to be able to have more knowledge of what Islam is all about just like the way an average Muslim can pick up a Bible a peruse through it and use it to argue about how christainity.


They will want you to tolerate their excesses at Christian schools ,Christians organisations but the at the slightest of you trying to practice your religion will want to prevent from your right where they are the majority. you see them threatening using anti, lies to prevent you from doing your own religion like then did in Ilorin.

Because Islam forbid usuri and if you look deep, interest based loans only compound one's problem rather than solving it especially if it was secured for a purpose other than a viable business

MAY ALLAH BLESS YOU FOR THIS.
JAZAAKALLAH.

The muslims are even intolerant to themselves...
See the links below.

mamaafrik:
Foolishness is when you feel you can be intolerance to other religion and want acceptance.
Hypocrisy is when allah says you can marry an infidel as a wife but should never allow your daughter to marry non muslim.

Hypocrisy is when you frown at an infidel who touched Quran but more than 60%> of muslims had picked up Bible to read.
Hypocrisy is when you will easily want to Comment on christain and other religion Threads on Nairaland but for other religion to Comment on Islamic Threads, you'll have to swear that you believe in Allah.


Christains need to start reading the Quran like muslims read the Bible

Leviticus 25:37 (KJV) Thou shalt not give him thy money upon usury, nor lend him thy victuals for increase.

Jerryhare:
Muslims are taking interest based loan from Micro finance banks, Cooperative societies, etc

People break laws. Still doesn't mean there's no Law. Some Muslims take alcohol, fornicate, practice sorcery.
Their recompense is with Allah, the Omniscient, Omnipresent and Omnipotent.

kkins25:
No body will give you loan, which you'd use for years. You think I don't have what to do with the money? 😂

So, Tinubu should not give thoe who are going to pay 10-15 % interest per annum, but should come and give you, because allah says so? 😂

Muslims and entitlement comedy!

Ask allah to drop it from heaven mana!

Exodus 22:25 (KJV) If thou lend money to any of my people that is poor by thee, thou shalt not be to him as an usurer, neither shalt thou lay upon him usury.

mamaafrik:

You can see that too,christains and other religion needs to own up and stop all these shenanigans from Muslims.

Christians need to start picking up Quran and start reading them in order to be able to have more knowledge of what Islam is all about just like the way an average Muslim can pick up a Bible a peruse through it and use it to argue about how christainity.


They will want you to tolerate their excesses at Christian schools ,Christians organisations but the at the slightest of you trying to practice your religion will want to prevent from your right where they are the majority. you see them threatening using anti, lies to prevent you from doing your own religion like then did in Ilorin.

You are only making noise. You can't stop the Muslims on what they intend to achieve, not even the President

mamaafrik:
Foolishness is when you feel you can be intolerance to other religion and want acceptance.
Hypocrisy is when allah says you can marry an infidel as a wife but should never allow your daughter to marry non muslim.

Hypocrisy is when you frown at an infidel who touched Quran but more than 60%> of muslims had picked up Bible to read.
Hypocrisy is when you will easily want to Comment on christain and other religion Threads on Nairaland but for other religion to Comment on Islamic Threads, you'll have to swear that you believe in Allah.


Christains need to start reading the Quran like muslims read the Bible

Leviticus 25:36-37 (KJV) Take thou no usury of him, or increase: but fear thy God; that thy brother may live with thee.
Thou shalt not give him thy money upon usury, nor lend him thy victuals for increase.

Lukuluku69:



Exodus 22:25 (KJV) If thou lend money to any of my people that is poor by thee, thou shalt not be to him as an usurer, neither shalt thou lay upon him usury.

You think those motherfvckers care about thier "holy Bible" It is just another book to them. Use it when they like, that's why they are pained that Muslims refuse to treat Qur'an like trash

kkins25:



They don't know😂

Deuteronomy 23:19-20 (KJV) Thou shalt not lend upon usury to thy brother; usury of money, usury of victuals, usury of any thing that is lent upon usury:
Unto a stranger thou mayest lend upon usury; but unto thy brother thou shalt not lend upon usury: that the LORD thy God may bless thee in all that thou settest thine hand to in the land whither thou goest to possess it.

mamaafrik:
Foolishness is when you feel you can be intolerance to other religion and want acceptance.
Hypocrisy is when allah says you can marry an infidel as a wife but should never allow your daughter to marry non muslim.

Hypocrisy is when you frown at an infidel who touched Quran but more than 60%> of muslims had picked up Bible to read.
Hypocrisy is when you will easily want to Comment on christain and other religion Threads on Nairaland but for other religion to Comment on Islamic Threads, you'll have to swear that you believe in Allah.


Christains need to start reading the Quran like muslims read the Bible

You are filth, do not touch the Holy Qur'an Please.

Indeed, it is a noble Quran. In a Register well-protected. None touch it except the purified . } [Quran 56:77-79]

Emu4life:

You think those motherfvckers care about thier "holy Bible" It is just another book to them. Use it when they like, that's why they are pained that Muslims refuse to treat Qur'an like trash

Shukran

mamaafrik:

You can see that too,christains and other religion needs to own up and stop all these shenanigans from Muslims.

Christians need to start picking up Quran and start reading them in order to be able to have more knowledge of what Islam is all about just like the way an average Muslim can pick up a Bible a peruse through it and use it to argue about how christainity.


They will want you to tolerate their excesses at Christian schools ,Christians organisations but the at the slightest of you trying to practice your religion will want to prevent from your right where they are the majority. you see them threatening using anti, lies to prevent you from doing your own religion like then did in Ilorin.

Nehemiah 5:7, 10-11 (KJV) Then I consulted with myself, and I rebuked the nobles, and the rulers, and said unto them, Ye exact usury, every one of his brother. And I set a great assembly against them.
I likewise, and my brethren, and my servants, might exact of them money and corn: I pray you, let us leave off this usury.
Restore, I pray you, to them, even this day, their lands, their vineyards, their oliveyards, and their houses, also the hundredth part of the money, and of the corn, the wine, and the oil, that ye exact of them.

mamaafrik:
The muslims are even intolerant to themselves...
See the links below.

Psalms 15:1-5 (KJV) LORD, who shall abide in thy tabernacle? who shall dwell in thy holy hill?
He that walketh uprightly, and worketh righteousness, and speaketh the truth in his heart.
He that backbiteth not with his tongue, nor doeth evil to his neighbour, nor taketh up a reproach against his neighbour.
In whose eyes a vile person is contemned; but he honoureth them that fear the LORD. He that sweareth to his own hurt, and changeth not.
He that putteth not out his money to usury, nor taketh reward against the innocent. He that doeth these things shall never be moved.

mamaafrik:
The muslims are even intolerant to themselves...
See the links below.

Proverbs 28:8-10 (KJV) He that by usury and unjust gain increaseth his substance, he shall gather it for him that will pity the poor.
He that turneth away his ear from hearing the law, even his prayer shall be abomination.
Whoso causeth the righteous to go astray in an evil way, he shall fall himself into his own pit: but the upright shall have good things in possession.

kkins25:
No body will give you loan, which you'd use for years. You think I don't have what to do with the money? 😂

So, Tinubu should not give thoe who are going to pay 10-15 % interest per annum, but should come and give you, because allah says so? 😂

Muslims and entitlement comedy!

Ask allah to drop it from heaven mana!

Ezekiel 18:13, 17 (KJV) Hath given forth upon usury, and hath taken increase: shall he then live? he shall not live: he hath done all these abominations; he shall surely die; his blood shall be upon him.
That hath taken off his hand from the poor, that hath not received usury nor increase, hath executed my judgments, hath walked in my statutes; he shall not die for the iniquity of his father, he shall surely live.