Riba: its types and effects

Islamic Fiqh > Financial transactions > Riba: its types and effects

Riba by excess (fadl) and delay (nasi'a), the 6 commodities of the Sunnah, same-type same-quantity exchange, and the riba effect on contracts.

Updated on 06 October 2026 at 10:50 PM

Riba from A to Z: its status, types, the six categories, the equivalence rule, riba on currencies, and the wisdom of its prohibition.

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Frequently asked questions

Why is riba forbidden?

The Quran formally forbids it (sura al-Baqara 275-279): gain without labor on another's distress, source of injustice and debt.

What to do with received bank interest?

Neither keep nor use them: pay them in charity without reward intention (purification), per contemporary scholars' method.

Is an interest-free loan between relatives lawful?

Yes: that is qard hasan, the beautiful loan, rewarded as sadaqa (Muslim 1016 on multiplication).

Is deferred payment at a marked-up price riba?

No if it is a sale of a real asset owned by the seller (see the murabaha page); the supplement on a mere money loan is riba.

Sources and references

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