Is he right ?

[mughals]

How ? An investment could be of any kind . In business ,in Trading , In commercial or in renting.

ok, seriously I think when you borrow at "high" interest rates, you need to provide collateral, so you are putting yourself or your family in a possible distress situation? This is the situation Allah wants us to avoid and therefore banned usury (my opinion)

 

[OneManArmy]

ok, seriously I think when you borrow at "high" interest rates, you need to provide collateral, so you are putting yourself or your family in a possible distress situation? This is the situation Allah wants us to avoid and therefore banned usury (my opinion)

My point was merely that giving Riba is considered okay . According to Ghamdi, The Quran only talks about prohibiting taking Riba. I can borrow on low interest rates for my investment and pay them off over the time with interest . If the margin is good between what I make and what I give .