[Fatwas of the Imam Mahdi about the banks]
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Imam Nasser Mohammad Al-Yemeni
08 - 09 - 1433 AH
27 - 07 - 2012 AD
09:56 am
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..Fatwa of the loan from the commercial Islamic banks and the banks of usury, and the difference between them is as the difference between the Truth and falsehood
In the name of Allah the All Merciful, the Most Merciful, prayer of forgiveness and peace be upon my grandfather Mohammad messenger of Allah and his virtuous family and all the Muslims till judgement day, Allah’s peace, mercy and His blessings be upon you my beloved the best foremost supporters, peace be upon us and upon Allah’s righteous servants, and peace be upon the messengers, and praise be to Allah Lord of the worlds, after this..
Verily how many private and open messages came to us about request fatwa in taking loan from banks, then we issue fatwa with Truth, a reality that I do not say off Allah except the Truth: Indeed the consumers do not have a thing of burden against them, and it should not be for Allah — glory be to Him — to increase oppression to the servant over the oppression he has, glory be to Him! The sin is only against those who take usury in the money of the people then they did not repent. And Allah the Most High said: {Those who swallow usury cannot arise except as he arises whom the devil prostrates by (his) touch. That is because they say, Trading is only like usury. And Allah has allowed trading and forbidden usury. To whomsoever then the admonition has come from his Lord, and he desists, he shall have what has already passed. And his affair is in the hands of Allah. And whoever returns (to it) — these are the companions of the Fire: therein they will abide.(275) Allah will blot out usury, and He causes charity to prosper. And Allah loves not any ungrateful sinner.(276) Those who believe and do good deeds and keep up prayer and pay the poor-rate — their reward is with their Lord; and they have no fear, nor shall they grieve.(277) O you who believe, keep your duty to Allah and relinquish what remains (due) from usury, if you are believers.(278) But if you do (it) not, then be informed of war from Allah and His messenger; and if you repent, then you shall have your capital. Wrong not, and you shall not be wronged.(279)}Truthful Allah the Great [Al-Baqarah] 2:275-279
{الَّذِينَ يَأْكُلُونَ الرِّبَا لَا يَقُومُونَ إِلَّا كَمَا يَقُومُ الَّذِي يَتَخَبَّطُهُ الشَّيْطَانُ مِنَ الْمَسِّ ذَٰلِكَ بِأَنَّهُمْ قَالُوا إِنَّمَا الْبَيْعُ مِثْلُ الرِّبَا وَأَحَلَّ اللَّـهُ الْبَيْعَ وَحَرَّمَ الرِّبَا فَمَن جَاءَهُ مَوْعِظَةٌ مِّن رَّبِّهِ فَانتَهَىٰ فَلَهُ مَا سَلَفَ وَأَمْرُهُ إِلَى اللَّـهِ وَمَنْ عَادَ فَأُولَـٰئِكَ أَصْحَابُ النَّارِ هُمْ فِيهَا خَالِدُونَ ﴿٢٧٥﴾ يَمْحَقُ اللَّـهُ الرِّبَا وَيُرْبِي الصَّدَقَاتِ وَاللَّـهُ لَا يُحِبُّ كُلَّ كَفَّارٍ أَثِيمٍ ﴿٢٧٦﴾ إِنَّ الَّذِينَ آمَنُوا وَعَمِلُوا الصَّالِحَاتِ وَأَقَامُوا الصَّلَاةَ وَآتَوُا الزَّكَاةَ لَهُمْ أَجْرُهُمْ عِندَ رَبِّهِمْ وَلَا خَوْفٌ عَلَيْهِمْ وَلَا هُمْ يَحْزَنُونَ ﴿٢٧٧﴾ يَا أَيُّهَا الَّذِينَ آمَنُوا اتَّقُوا اللَّـهَ وَذَرُوا مَا بَقِيَ مِنَ الرِّبَا إِن كُنتُم مُّؤْمِنِينَ ﴿٢٧٨﴾ فَإِن لَّمْ تَفْعَلُوا فَأْذَنُوا بِحَرْبٍ مِّنَ اللَّـهِ وَرَسُولِهِ وَإِن تُبْتُمْ فَلَكُمْ رُءُوسُ أَمْوَالِكُمْ لَا تَظْلِمُونَ وَلَا تُظْلَمُونَ ﴿٢٧٩﴾} صدق الله
العظيم [البقرة].
The question that arises: do the addressee here are the benefited or the consumers? Then the answer from the decisive Book in the word of Allah the Most High: {O you who believe, keep your duty to Allah and relinquish what remains (due) from usury, if you are believers.(278) But if you do (it) not, then be informed of war from Allah and His messenger; and if you repent, then you shall have your capital. Wrong not, and you shall not be wronged.(279)}Truthful Allah the Great [Al-Baqarah] 2:278-279
{يَا أَيُّهَا الَّذِينَ آمَنُوا اتَّقُوا اللَّـهَ وَذَرُوا مَا بَقِيَ مِنَ الرِّبَا إِن كُنتُم مُّؤْمِنِينَ ﴿٢٧٨﴾ فَإِن لَّمْ تَفْعَلُوا فَأْذَنُوا بِحَرْبٍ مِّنَ اللَّـهِ وَرَسُولِهِ وَإِن تُبْتُمْ فَلَكُمْ رُءُوسُ أَمْوَالِكُمْ لَا تَظْلِمُونَ وَلَا تُظْلَمُونَ ﴿٢٧٩﴾} صدق الله العظيم [البقرة].
And it cleared to you that the addressing is directed to who they have lending with usury and did not address those who have loan with usury against them, in fact He addresses those who have lending with usury, and you know the certain knowledge that He addresses those who take usury in the people’s money through the word of Allah the Most High: {..and if you repent, then you shall have your capital. Wrong not, and you shall not be wronged.}Truthful Allah the Great. Then you know for sure that the address is directed to those who (collect) usury from the people’s money and Allah prohibited them from that, and He said to them that for them is their capital only so they should not wrong (others) by asking the extra usury nor the consumer wrong him by returning his right short, in fact he should return to him his capital to him that he borrowed it from him.
{وَإِن تُبتُم فَلَكُم رُؤُوسُ أَموَالِكُم لاَ تَظلِمُونَ وَلاَ تُظلَمُونَ} صدق الله العظيم.
And it cleared to you with Truth that the address from the Lord in the decisive Book is directed to the owner of usury whom they increase (their wealth) from the people’s money, and Allah prohibited them from asking the addition, and if they refused but taking the addition then Allah threatened them with His war till He blots out the money of usury from them. Confirming with the word of Allah the Most High: {O you who believe, keep your duty to Allah and relinquish what remains (due) from usury, if you are believers.(278) But if you do (it) not, then be informed of war from Allah and His messenger; and if you repent, then you shall have your capital. Wrong not, and you shall not be wronged.(279)}Truthful Allah the Great [Al-Baqarah] 2:278-279
{يَا أَيُّهَا الَّذِينَ آمَنُوا اتَّقُوا اللَّـهَ وَذَرُوا مَا بَقِيَ مِنَ الرِّبَا إِن كُنتُم مُّؤْمِنِينَ ﴿٢٧٨﴾فَإِن لَّمْ تَفْعَلُوا فَأْذَنُوا بِحَرْبٍ مِّنَ اللَّـهِ وَرَسُولِهِ وَإِن تُبْتُمْ فَلَكُمْ رُءُوسُ أَمْوَالِكُمْ لَا تَظْلِمُونَ وَلَا تُظْلَمُونَ ﴿٢٧٩﴾} صدق الله العظيم [البقرة].
As for who has a loan against him, surely the rich one wronged him and he wanted to take from him an addition over the money he gave him; does it make sense the Allah would increase him wrongfulness over the oppression (against) him, then would reckon him for the addition while it is not for him in fact (the lender) imposed it against him the owner of the usury? What is the matter with you; how can you judge?
I bear witness for Allah the True sure testimony that I bear the responsibility of the fatwa about it between Allah’s hands that the burden of usury is not against the needy ones the borrowers of the loan, not a thing of burden; but it is against the owner of the addition usury; in fact Allah defends the oppressed and asks to respite him till (he is in) ease without the addition, and Allah commanded who own money to repent from the addition and if they did not repent and they continue to devour the people’s money unjustly then Allah threatened them with a war from Him until bolt out their wealth. Confirming with the word of Allah the Most High: {O you who believe, keep your duty to Allah and relinquish what remains (due) from usury, if you are believers.(278) But if you do (it) not, then be informed of war from Allah and His messenger; and if you repent, then you shall have your capital. Wrong not, and you shall not be wronged.(279) And if (the debtor) is in straitness, let there be postponement till (he is in) ease. And that you remit (it) as alms is better for you, if you only knew.(280) And guard yourselves against a day in which you will be returned to Allah. Then every soul will be paid in full what it has earned, and they will not be wronged.(281)}Truthful Allah the Great [Al-Baqarah] 2:278-281
{يَا أَيُّهَا الَّذِينَ آمَنُوا اتَّقُوا اللَّـهَ وَذَرُوا مَا بَقِيَ مِنَ الرِّبَا إِن كُنتُم مُّؤْمِنِينَ ﴿٢٧٨﴾ فَإِن لَّمْ تَفْعَلُوا فَأْذَنُوا بِحَرْبٍ مِّنَ اللَّـهِ وَرَسُولِهِ وَإِن تُبْتُمْ فَلَكُمْ رُءُوسُ أَمْوَالِكُمْ لَا تَظْلِمُونَ وَلَا تُظْلَمُونَ ﴿٢٧٩﴾ وَإِن كَانَ ذُو عُسْرَةٍ فَنَظِرَةٌ إِلَىٰ مَيْسَرَةٍ وَأَن تَصَدَّقُوا خَيْرٌ لَّكُمْ إِن كُنتُمْ تَعْلَمُونَ ﴿٢٨٠﴾ وَاتَّقُوا يَوْمًا تُرْجَعُونَ فِيهِ إِلَى اللَّـهِ ثُمَّ تُوَفَّىٰ كُلُّ نَفْسٍ مَّا كَسَبَتْ وَهُمْ لَا يُظْلَمُونَ ﴿٢٨١﴾} صدق الله العظيم [البقرة].
Look at the word of Allah the Most High: {..and if you repent, then you shall have your capital.}Truthful Allah the Great, it cleared to you that the address and the threat and the promising in Allah’s war is for the lenders so Allah commanded them to have enough in retrieving their capital and not oppressing who is the borrower by requesting the addition over the debt, surely that is oppression, how would Allah increase oppression to the oppressed? In fact Allah deals with him justly rather than who oppressed him. And Allah the Most High said: {Allah will blot out usury, and He causes charity to prosper. And Allah loves not any ungrateful sinner.}Truthful Allah the Great [Al-Baqarah] 2:276
{وَإِن تُبتُم فَلَكُم رُؤُوسُ أَموَالِكُم} صدق الله العظيم،
{يَمحَقُ اللهُ الرِّبَا وَيُربِي الصَّدَقَاتِ وَاللهُ لا يُحِبُّ كُلَّ كَفَّارٍ أَثِيمٍ} صدق الله العظيم [البقرة:276].
As for whom been requested from them the doubles of what they have of debt, surely they have been oppressed, and the oppressors they are the owners of doubles of the false usury. And Allah the Most High said: {O you who believe, devour not usury, doubling and redoubling, and keep your duty to Allah, that you may be successful.(130) And guard yourselves against the fire which has been prepared for the disbelievers.(131)}Truthful Allah the Great [Ãli-´Imrãn] 3:130-131
{يَا أَيُّهَا الَّذِينَ آمَنُوا لَا تَأْكُلُوا الرِّبَا أَضْعَافًا مُّضَاعَفَةً وَاتَّقُوا اللَّـهَ لَعَلَّكُمْ تُفْلِحُونَ ﴿١٣٠﴾ وَاتَّقُوا النَّارَ الَّتِي أُعِدَّتْ لِلْكَافِرِينَ ﴿١٣١﴾} صدق الله العظيم [آل عمران].
For the fact usury is devouring the people’s wealth with falsehood and it is forbidden increase (their wealth) from the people’s money; but for them is their capital. for them to And Allah the Most High said: {So for the iniquity of the Jews, We forbade them the good things which had been made lawful for them, and for their hindering many (people) from Allah’s way.(160) And for their taking usury — though indeed they were forbidden it — and their devouring the property of people falsely. And We have prepared for the disbelievers from among them a painful chastisement.(161)}Truthful Allah the Great [Al-Nesã`a] 4:160-161
{فَبِظُلْمٍ مِّنَ الَّذِينَ هَادُوا حَرَّمْنَا عَلَيْهِمْ طَيِّبَاتٍ أُحِلَّتْ لَهُمْ وَبِصَدِّهِمْ عَن سَبِيلِ اللَّـهِ كَثِيرًا ﴿١٦٠﴾ وَأَخْذِهِمُ الرِّبَا وَقَدْ نُهُوا عَنْهُ وَأَكْلِهِمْ أَمْوَالَ النَّاسِ بِالْبَاطِلِ وَأَعْتَدْنَا لِلْكَافِرِينَ مِنْهُمْ عَذَابًا أَلِيمًا ﴿١٦١﴾} صدق الله العظيم [النساء].
And they would have had a reward from Allah if they were satisfied with their capital. And Allah the Most High said: {And whatever you lay out at usury, so that it may increase in the property of men, it increases not with Allah; and whatever you give in charity, desiring Allah’s pleasure — these will get manifold.}Truthful Allah the Great: [Al-Roum] 30:39. Don’t you reflect.
{وَمَا آتَيتُم مِن رِبًا لِيَربُوَ في أَموَالِ النَّاسِ فَلا يَربُو عِندَ اللهِ وَمَا آتَيتُم مِن زَكَاةٍ تُرِيدُونَ وَجهَ اللهِ فَأُولَئِكَ هُمُ المُضعِفُونَ} صدق الله العظيم [الروم:39].
:Based on that we issue fatwa with Truth
Indeed there is not a thing of sin nor burden against the consumers of loans from the banks of usury to accomplish their needs; in fact the sin is against the owners of the usury banks who take usury from the people’s money
Perhaps one of the usury banks owners would like to interrupt me then say: “O Nasser Mohammad, but what is our benefit from giving the people our money without interest and you command us to not take from them except the capital which we gave them?” then the Awaited Mahdi Nasser Mohammad Al-Yemeni replies to the owners of the usury banks and I say to you the answer from the decisive Allah’s Book the grand Quran. Allah the Most High said: {O you who believe, devour not your property among yourselves by illegal methods except that it be trading by your mutual consent..}Truthful Allah the Great [Al-Nesã`a] 4:29
{يَا أَيُّهَا الَّذِينَ آَمَنُوا لا تَأْكُلُوا أَمْوَالَكُمْ بَيْنَكُمْ بِالْبَاطِلِ إِلا أَنْ تَكُونَ تِجَارَةً عَنْ تَرَاضٍ مِنْكُمْ} صدق الله العظيم [النساء:29].
so something bought and sold between the two parties is limited profit to for numberless or convenient installments, here Halal you increase my business bankers.
Here Allah means the trade with lending to be by agreement and consent between the two parties, so it would be a thing sold and bought between the two parties with limited gained-profit till a determined term or by a convenient-comfortable installments, then here it is lawful for you the addition — O owners of the commercial banks.
O our Allah, I have clarified the fatwa with Truth. O our Allah, bear witness, whoever has any objection from scholars of the nation against this statement of mine that accomplished putting down the fatwa with Truth: [Verily those who have loans against them from the banks of usury indeed there is not a thing of sin against them to the fact they are in need for that to accomplish their needs whether they want the marriage for themselves or for their children, or spending for Allah’s cause, or any other thing, then we brought to you the manifest proof that the sin of usury is exclusively against who get usury from the people’s money unjustly/without right, and the judgement is Allah’s and He is the Best of deciders.]
..And peace be upon the messengers, and praise be to Allah Lord of the worlds
.Your brother the Imam Mahdi Nasser Mohammad Al-Yemeni
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