Assalamu Alaikum,
Dear Pallapattians...... I here show Why Allah prohibits Vatti business and whichever verses of qur'an prohibit vatti business. Please read & reform yourselves away from vatti business and repent Allah sincerely, Allah will forgive all of our sins. .Ameen
In any ideal Muslim society, socio-economic justice is considered as one of the most significant characteristics for the social, political, economic as well as all realms of human interaction.
Exploitation and any source of unjustified enrichment in Islam is prohibited.
The Holy Qur’an has emphatically instructed Muslims not to acquire each other’s property wrongfully
Islam is not an ascetic religion. It takes a positive view of life as the natural outcome of the belief that human beings are the vicegerents of Allah(swt).
The goals of socio-economic justice and equitable distribution of income and wealth are integral parts of the moral philosophy of Islam.
However, one of the socio-economic reforms made by Islam was the prohibition of riba (interest).
Riba is prohibited in Islam
“The term riba encompasses interest in all its manifestations
irrespective of whether it relates to loans for consumption purposes or for productive
purposes, whether the loans are of a personal nature or of a commercial type, whether
the borrower is a government, a private individual or a concern, and whether the rate
of interest is low or high”
In the Shari‘ah, riba technically refers to the
"premium" that must be paid by the borrower to the lender along with the principal
amount as a condition for the loan or for an extension in its maturity
The term riba is, however, used in the
Shari‘ah in two senses. The first is riba al-nasi’ah and the second is riba al-fadl.
Riba al- nasi’ah -----------
The term nasi’ah means to postpone or to wait and it refers to the time period that is allowed for the borrower to repay the loan in return for the addition of the premium. Hence it refers to the interest on loans. The prohibition of riba al nasi’ah essentially implies that the fixing in advance of a positive return on a loan as a reward for waiting is not permitted by the Shari’ah
Riba al-fadl is the excess over and above the loan paid in kind. It lies in the payment of an addition by the debtor to the creditor in exchange of commodities of the same kind.
The prohibition of riba appears in the Qur’an in four different revelations
That which you give as interest to increase the people’s wealth increases not
with God; but that which you give in charity, seeking the goodwill of God, multiplies
manifold. (Surah al-Rum, verse 39)
And for their taking interest even though it was forbidden for them, and their
wrongful appropriation of other peoples' property, We have prepared for those among
them who reject faith a grievous punishment. (Surah al-Nisa, verse 161)
O believers, take not doubled and redoubled interest, and fear God so that you
may prosper. Fear the fire which has been prepared for those who reject faith, and
obey God and the Prophet so that you may receive mercy. (Surah Al-Imran, verse 130-2)
Those who benefit from interest shall be raised like those who have been
driven to madness by the touch of the Devil; this is because they say: "Trade is like
interest" while God has permitted trade and forbidden interest. Hence those who have
received the admonition from their Lord and desist, may have what has already
passed, their case being entrusted to God; but those who revert shall be the inhabitants
of the fire and abide therein for ever.(Surah al-Baqarah, verse 275)
God deprives interest of all blessing but blesses charity; He loves not the
ungrateful sinner.(Surah al-Baqarah, verse 276)
Those who believe, perform good deeds, establish prayer and pay the
zakat, their reward is with their Lord; neither should they have any fear, nor shall they
grieve.(Surah al-Baqarah, verse 277)
O believers, fear God, and give up the interest that remains outstanding if
you are believers.(Surah al-Baqarah, verse 278)
If you do not do so, then be sure of being at war with God and His
Messenger. But, if you repent, you can have your principal. Neither should you
commit injustice nor should you be subjected to it.(Surah al-Baqarah, verse 279)
If the debtor is in difficulty, let him have respite until it is easier, but if
you forego out of charity, it is better for you if you realize.(Surah al-Baqarah, verse 280)
And fear the Day when you shall be returned to the Lord and every soul
shall be paid in full what it has earned and no one shall be wronged. (Surah al-Baqarah, verse 281)
