Rate this Article
|
SoundVision.com: Glossary of Islamic Terms
GLOSSARY OF ISLAMIC TERMS
Compiled by Prof. Ishaq Zahid
A B
C D E
F G H
I J K
L M N
O P Q
R S T
U V W
X Y Z
|
Riba
Riba literally means 'to grow; to increase.' Technically, it denotes the amount that a lender receives from a borrower at a fixed rate in excess of the principal. It is of two kinds:
1. Riba Nasi'a - taking interest on loaned money.
2. Riba Fadal - taking something of superior quality in exchange for giving less of the same kind of thing of poorer quality.
|
|
|
Post your comment
|
 |
 |
| Search |
|
| Search The Quran |
|
| Something to Ask... | O Allah!
With Your Power, we have come to the evening, by You do we live, by You do we die, and to You is the return. |
|
 |
|
|
|
