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Riba (Interest - Usury) & Islam

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  • #46
    Originally posted by imran1976 View Post

    It applied to wheat, barley, dates because they were used as medium of exchange (money) in those days. --- so dates, wheat, barley = money (in those days).----there can't be unequal exchange of these even today. --

    but you can do unequal exchange of other commodities, as they didn't served as money, read the following from Muwatta Imam Maalik:

    Yahya related to me from Malik from Nafi that Abdullah ibn Umar bought a female riding-camel for four camels and he guaranteed to give them in full to the buyer at ar-Rabadha.


    Yahya related to me from Malik from Salih ibn Kaysan from Hasan ibn Muhammad ibn Ali ibn Abi Talib that ibn Abi Talib sold one of his camels called Usayfir for 20 camels to be delivered later.
    interesting jazakAllah khayran

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