Question

What is importance of trade and usury in Islam.​

Answer 1

The Quran states in aya 2:275 that "Allah has permitted trade and forbidden usury." But not all trade is allowed in Islam. The Qur'an prohibits gambling (maisir, games of chance involving money).

It is forbidden under Shari'ah Law (Islamic religious law) because it is thought to be exploitative. Though Muslims agree that riba is prohibited, there is much debate over what constitutes riba, whether it is against Shari'ah law, or only discouraged, and whether or not it should be punished by people or by Allah.

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Answer 2

It is forbidden under Shari'ah Law (Islamic religious law) because it is thought to be exploitative. Though Muslims agree that riba is prohibited, there is much debate over what constitutes riba, whether it is against Shari'ah law, or only discouraged, and whether or not it should be punished by people or by Allah.