Why Interest is Haram?

1. Massive 'Call Money' Scam Takes Andhra Pradesh By Storm, 80 Arrested

Hyderabad:  A massive blackmail, extortion and sex racket linked to "call money" has been exposed in Andhra Pradesh, in which 80 people from different political parties have been arrested.

The police say the scandal operated in multiple districts and involved politicians, businessmen and so-called moneylenders. The Andhra Pradesh government has ordered a judicial probe into what has been dubbed the "call money racket."

Call money is a loan that is literally a phone call away, with money delivered at one's doorstep. The flipside is that the lender can demand it back at any time and if the borrower cannot repay, the lender can take away property.



The police say that in this racket, women were coerced into sexual exploitation.

"Women who are doing small businesses and borrow money to make ends meet, when they can't repay, they are exploited," said a woman.

The lenders demanded rates of interest that were as high as 120 per cent to 200 per cent. Promissory notes and blank cheques were taken against the loans.

The case surfaced after a woman in Vijayawada complained to the police that she was forced to give back Rs. 6 lakh when she borrowed only Rs. 1.5 lakh.

When they started investigating, the police uncovered the web of threats, coercion, extortion, sexual exploitation and even prostitution riding on the money-lending business.

Kanakaraju, who runs a small eatery, says he borrowed Rs. 50,000 and had been paying Rs. 500 every day for the past five years. Yet the lender has not returned his documents and promissory note. "They made my life hell," he said.

"The names of several ruling party lawmakers, ministers and other influential Telugu Desam Party leaders have come up in this shameful scam. Yet the chief minister has not taken any action," alleged YSR Congress president Jaganmohan Reddy, who took the case to the governor.

Andhra Pradesh Director General of Police JV Ramudu said there was no question of sparing anyone, irrespective of political affiliation.

Top sources told NDTV that an accused in East Godavari district, Nallmella Veera Venkata Sairam Reddy, has close links with the YSR Congress. The police recovered 500 promissory notes from him.

Chief Minister Chandrababu Naidu has said tough action will be taken against those involved and has asked district police to invoke Nirbhaya Act in case there is an instance of sexual exploitation.

This Is What Quran Explained About Intrest.

الَّذِينَ يَأْكُلُونَ الرِّبَا لَا يَقُومُونَ إِلَّا كَمَا يَقُومُ الَّذِي يَتَخَبَّطُهُ الشَّيْطَانُ مِنَ الْمَسِّ ذَٰلِكَ بِأَنَّهُمْ قَالُوا إِنَّمَا الْبَيْعُ مِثْلُ الرِّبَا وَأَحَلَّ اللَّهُ الْبَيْعَ وَحَرَّمَ الرِّبَا فَمَن جَاءَهُ مَوْعِظَةٌ مِّن رَّبِّهِ فَانتَهَىٰ فَلَهُ مَا سَلَفَ وَأَمْرُهُ إِلَى اللَّهِ وَمَنْ عَادَ فَأُولَٰئِكَ أَصْحَابُ النَّارِ هُمْ فِيهَا خَالِدُونَ  (البقرة (275)

Those who consume interest cannot stand [on the Day of Resurrection] except as one stands who is being beaten by Satan into insanity. That is because they say, "Trade is [just] like interest." But Allah has permitted trade and has forbidden interest. So whoever has received an admonition from his Lord and desists may have what is past, and his affair rests with Allah. But whoever returns to [dealing in interest or usury] - those are the companions of the Fire; they will abide eternally therein.

البقرة (276)يَمْحَقُ اللَّهُ الرِّبَا وَيُرْبِي الصَّدَقَاتِ وَاللَّهُ لَا يُحِبُّ كُلَّ كَفَّارٍ أَثِيمٍ

Allah destroys interest and gives increase for charities. And Allah does not like every sinning disbeliever.

Story First Published: December 16, 2015 23:37 IST

Time to Submit Your Annual Account Statement

Annual Reporting

The most important of Islamic Aqeedah is his Faith and Belief in Hereafter ( Akhirah). This is the day when mankind from day one till Qayamah are Rewarded for good and punished for their sin. Iman on Hereafter (Akhirah) is must for every muslim.

In the very first surah of Quran, Surah Fatiha Allah the lord of both worlds is called as The Master of the Day of Recompense

Your records “ Statement of Account” is presented every day to your Lord, the Lord of both worlds ( Rabbul Aalmin) who appointed you His Trustee, (Khalifah) on His earth.

· Daily Reporting time “Time of Fajr and Asr “.
· Weekly Reporting Monday and Thursday
· Annual Reporting Sha’aban

Have a look at your own accounts before they are submitted. Think about your profit and before. Correct your balance sheet before it is submitted. Fear Allah when it is closed. Ask for forgiveness and He is All forgiving.

مَالِكِ يَوْمِ الدِّيْنِ ﴿1:4﴾
(1:4) The Master of the Day of Recompense
Allah will be the Lord of the Day when all generations of mankind gather together on order to render an account of their conduct, and when each person will be finally rewarded or punished for his deeds. The description of God as Lord of the Day of Judgment following the mention of his benevolence and compassion indicates that we ought to remember another aspect of God as well-namely, that He will judge us all, that He is so absolutely powerful, that on the Day of Judgment no one will have the power either to resist the enforcement of punishments that He decrees or to prevent anyone from receiving the rewards that He decides to confer. Hence, we ought not only to love Him for nourishing and sustaining us and for His compassion and mercy towards us, but should also hold Him in awe because of His justice, and should not forget that our ultimate happiness or misery rests completely with Him.

Surah 99. Al-Zilzal

إفَمَنْ يَعْمَلْ مِثْقَالَ ذَرَّةٍ خَيْرًا يَرَهُ ﴿99:7﴾
(99:7) So, whoever does an atom’s weight of good shall see it;

وَمَنْ يَعْمَلْ مِثْقَالَ ذَرَّةٍ شَرًّا يَرَهُ ﴿99:8﴾
(99:8) and whoever does an atom’s weight of evil shall see it.

Merits of fasting in Sha`ban

The Messenger of Allah (May Allah bless him and grant him peace) alerted us to this fact when he was asked why he was fasting so much in Sha`ban. He replied: “It is a month that people neglect, between Rajab and Ramadan. It is a month in which actions are raised to the Lord of the Worlds and I love for my actions to be raised while I am fasting.”
There is a daily display after Fajr and `Asr, and a weekly display on Monday and Thursday, and a yearly display which takes place in the month of Sha`ban. The Messenger of Allah (May Allah bless him and grant him peace) was keen to do good works at all these times and was keen for his Ummah to do the same.

Usamah Ibn Zayd (may Allah be pleased with them both) said: "I said, 'O Messenger of Allah, I do not see you fasting in any other month like you fast in Sha'ban.' He said, 'That is a month to which people do not pay attention, between Rajab and Ramadan, and it is a month in which deeds are lifted up to the Lord of the Worlds. I like for my deeds to be lifted up when I am fasting.'" (Nasa'i). According to a report narrated by Abu Dawood, he said: "The most beloved of months for the Messenger of Allah (p.b.u.h.) to fast in was Sha'ban, and his fasting in Sha'ban was continuous with his fasting in Ramadan." (Classed as Saheeh by al-Albani)
One of the greatest works we can do in Sha`ban is fasting, and this is what the Prophet (May Allah bless him and grant him peace) loved to be doing when his actions were raised, on Monday and Thursday and also during Sha`ban. Sayyida `A’isha RaziAllahunha said of the Prophet (may Allah bless him and grant him peace): “I did not see him fasting in any month more than Sha`ban.” She also said: “The month which he loved to fast the most was Sha`ban
Hadith - Bukhari, Vol. 4, Hadith No. 446, Narrated Abu Huraira, r.a.
The Prophet (saaws) said, "Angels keep on descending from and ascending to the heaven in turn, some at night and some by daytime, and all of them assemble together at the time of the Fajr and 'Asr prayers. Then those who have stayed with you overnight ascend unto Allah Who asks them (and He knows the answer better than they): "How have you left My slaves?" They reply, "We left them while they were praying and we came to them while they were praying." The narrator added: all his past sins will be forgiven."
1256. Abu Hurairah (May Allah be pleased with him) reported: The Messenger of Allah (PBUH) said, "Deeds of people are presented (to Allah) on Mondays and Thursdays. So I like that my actions be presented while I am fasting.'' [At-Tirmidhi].
Commentary: Observance of Saum on Monday and Thursday is Mustahabb (desirable), and the reason for its being so has been mentioned in the Hadith.
1257. `Aishah (May Allah be pleased with her)u reported: The Messenger of Allah (PBUH) used to observe fast on Mondays and Thursdays. [At-Tirmidhi].
Commentary: "Yataharra" in the Hadith means to seek and search, that is, he (PBUH) used to make special arrangements for it. The reason he was so particular about these Saum has been mentioned in the previous Hadith.
On the authority of Abu Hurayrah(Raziyallahutala Anahu), who said that the Messenger of Allah () said: The gates of Paradise will be opened on Mondays & on Thursdays, and every servant [of Allah] who associates nothing with Allah will be forgiven, except for the man who has a grudge against his brother. [About them] it will be said: Delay these two until they are reconciled; delay these two until they are reconciled. [Hadith Qudsi 20]
Riyad as-Salihin (The Meadows of the Righteous)
1247. 'A'isha said, "The Prophet, may Allah bless him and grant him peace, did not fast in any month more than Sha'ban. He used to fast all of Sha'ban." In one variant, "He used to fast Sha'ban except for a little." [Agreed upon]