Khalid Yasin - Riba (Interest) in Islam

Khalid Yasin answers a question by a non-Muslim about Interest (Riba) in Islam.
Produced by One Islam Productions
www.1islam.net

[@CeciliasBismillah]

I am nearly 70 years old Japanese man, I have a brother and two sisters,the other day we had met altogether...Topics was They spent a lot of money for hardly bending knees and loosing memories...20 years ago they laughed at me Convert to Islam

[@dmi208]

plz explain wht u meant

[@mohamadkhalilbinkamarudin3438]

May Allah bless you with Jannah and protect you from fitnah

[@Zaira693]

Best explanation ever...No speaker has explained it this clearly before.

[@asifparkar1584]

This is the best explanation on the Internet

[@thegreatestnation5501]

those who dislike this video .. morgage ppl who called war against Allah and his massenger ...

[@SalmaBegum-sj3xt]

@@yusuf.alajnabi if you're not allowed. You're not allowed. You think the house you live in is more important than Allah? Rent money is not wasted money. You ain't going to live in this life forever. But the next life you will live forever. Once you're dead. You cant keep or take money, houses, cars etc but your deeds. How can you live comfortably when having war with Allah.

[@jameshender3162]

@@yusuf.alajnabi you're the idiot. You're a fool who would throw his on self willingly into slavery

[@nafiibrahimaj4139]

This is beauty and wisdom of Islam to stay free of debt and slavery

[@2mnaveed]

Mashhh-Allah this brother has so much knowledge

[@zund4]

جزاكم الله خير الجزاء وحفظكم ذخرا للاسلام والمسلمين شيخ خالد ياسين May ALLAH Almighty reward you for Educating Muslims and non Muslims alike, and spreading Dawah

[@hibeam3706]

Well explained.. It can't get more clear than this wow

[@fidelcatsro6948]

whos watching in 2019?

[@aminlion4092]

Masha Allah sheikh Khalid yasin

[@akramdoha6402]

Excellent clarification. Bless you

[@mozzjonas9292]

You don’t have to be a muslim to know how damaging interest is

[@adnanzaheer8950]

ASLAM O ALAIKOM.Well said ..May ALLAH bless you

[@web-agecomputers3458]

Jazakallahu Khairan

[@TehDwelleR]

Perfectly said!

[@moonlesslamb]

This is so true...

[@justmessi1474]

You should look deeper into Islam you'll be amazed at the many beautiful things that are so crucial in today's society.

[@moonlesslamb]

+messi mooqs true

[@kynaanful]

Moonlesslamb yes true islam is the solution.

[@fidelcatsro6948]

of course its true!

[@GokuBlack-sn5dr]

sis did u convert to islam

[@allgoodthings5442]

Mansha Allah this was very helpful!

[@mohammedfaruku7848]

ماشاء الله mash'Allah bless

[@MrMinhaj1973]

Masha Allah Sir Khalid Yasin

[@xyman]

Ma sha Allah!

[@Arca7]

The best explanation I've ever had. Jazakallah Sheikh.

[@ijackson2741]

May allah bless you and your family and us and protect all of us from this problem indeed is the sadness things ever seen.

[@khalidabdullahi3999]

Thanks brother of islam

[@oisbuddy]

So well put, mA. Thank you!!!

[@moeal-mimar5230]

God bless you shiekh

[@himerobine]

Assalam alaykoum wa rahmato allah wa taalla I agree with every single word he said ! Jazaka allah khayran wa katabaho fi mizanne hassanatik.

[@imnorman9264]

eye opening and well explained

[@aminuaidara8601]

Masha Allah bless you brother

[@lancsFrogger]

on balance, black people are the best communicators. imo

[@azafar6493]

Lol

[@richardhand5408]

That depends on your audience chum

[@moeal-mimar5230]

I agree and im arab

[@tomsbunk3790]

Bilal ibn rabah THE FIRST CALLER/MUADZEEN OF ISLAM and he is AFRICAN....why?, because he has the most beautiful voice,loud,clear voices,

[@enginkara1755]

I agree also and I am a Turk... Muhammed Ali, Malcolm X, Ustad Khalid Yasin, and so many others just argue in a way that inspires you and strengthen your iman

[@cloudybear9444]

لَکُمۡ دِیۡنُکُمۡ وَلِیَ دِیۡنِ :)

[@abdulshahid5726]

Very good advice bro and thank for the clear infromation on this topic.

[@mikimiki3832]

spot on !!!

[@Anarsito]

My dua with you brother, i can understand your position. This world invents new ways to pull people into haram all the time. May Allah show you the best way in your situation.

[@Nava4Gamingz]

*Smart..*

[@heather-vs9qe]

Have mercy Allah Akbar.

[@diassaid5734]

Salam islam

[@sumayakarodia4471]

100 percent corect brother

[@debra123ist]

SAVE some of your money,and over time buy your land then build your home,do the same with car....if you don't have the money don't buy it.

[@LoopDoc]

debra123ist what if I get the car on a zero percent loan? I am currently thinking of trading in my car that I have at 1.9% interest. I am now qualified for a zero percent interest loan.

[@adambrownhussein6525]

Glad to hear bro. Sheikh Khalid Yasin use the word God & Allah interchangeably. Next move: La ilaha ila Allah=(There is) No god but God.

[@Kalydosos]

I am Agnostic however, this Khalid Yain bloke is absolutely spot on about Usury even the Ancient Egyptians and Persians hated Usury just goes to show poverty is manufactured by white men not a fate from God.

[@shukria485]

Join Islam brother.

[@RafikiWorks]

Very digestible and clear explanation Sheikh. Translating the complex to the simple is a sign of deep intelligence. May Allah forgive our sins and our Missteps, and grant us a sincere mindfulness of his Mercy on Us. Ameen

[@cedricmaillet7967]

when necessity becomes a priority ... slavery isn't so far from freedom ... allahu akbar

[@sweetmaanu]

@imwatchuvideo Allah may reward you inshah allah you Allah will show you a good path inshah Allah

[@Mancunian786]

brother, iam in a similar position, I really want to move from here in UK, and come to saudi arabia because everywhere you turn, you are committing some kind of haram, i swear you cannot escape it, and riba is just that, you just cant escape it. pray for me brother that I may move to saudi arabia.

[@shahul8222]

Muslims lands are better. Move there insha Allah.

[@Anarsito]

@imwatchuvideo May Allah help you in your good intention and strenghen your faith. I left canada becouse all those traps, i am in Saudi Arabia, alhamdulIllah. Allah helped me and he does all the time

[@Athlon2010]

Please make this video with subtitles of European languages so may we the "ultra advanced" civilized western perfect life-style people learn something more.

[@tupac209ful]

True

[@shareapps3248]

i agree

[@alaa8146]

👍

[@aishacoco8902]

I love him I wish I was his wife...

[@awakenthegreatnesswithin]

Good one sister

[@Audits31]

Aisha coco ?????????

[@samiahmed6875]

Riba is cold cut slavery.

[@aamirbasir5464]

Noor Light Why do you have so much hatred toward Christians ?

[@aamirbasir5464]

Mos Amaze No it’s not, if you don’t pay a loan nothing will happen to you , your credit can get repaired if you don’t pay a loan back , you mentally keep yourself in slavery but not actual slavery, that’s kinda ignorant to say , I’m not sure how that works in other countries but in the United States absolutely nothing will happen to you if you don’t pay a loan back ( of course they’ll take back what ever you borrowed such as car or house )

[@aamirbasir5464]

Noor Light The internet isn’t real life tho, you hate over 1.3 billion people because of a few comments on KZbin ? You make us ( Muslims ) look bad

[@willrose5424]

@Noor Light lol

[@NaughtyTroll]

Noor Light calm it down akhi, Allah sees what the wrong doers do. Don’t worry yourself about it♥️

[@patachon3044]

Live within your means.

[@betinugrahani8536]

That happened in my country indonesia, so sad

[@user-kw1ho3ti9y]

🕋🕌🙏🙏🙏🙏🙏🙏🙏🙏🙏

[@mohammedqadir1913]

business is business

[@khadijismailinaahmed_105]

😢😢😢😢💞☝💞💞☝💞👍

[@doh1959]

im not muslim but i think i understand whats being said. when you rent you are paying a fee when you mortgage you are paying a fee plus an additional charge. im not saying i agree with the thinking but you gotta admit the culture of have now pay later has got the world in the crap

[@kynaanful]

doh1959 hope allah will but your heart to Islam bro

[@doctorsabir5]

THANKS FOR SHARING EXCELLENT. EXPLANATION BY KHALID YASEEN.. INTEREST IS BIG CRIME AND SIN IN ISLAM .NOW WE KNOW WHY .

[@JabbaWockeez_]

Well we can see today what interest leads to when implemented at a global scale: greece, spain, irland, subprimes etc... with people's money

[@shamspanda5608]

Assalam alaikum I want to know that is it haram to invest in BITCOIN business and get intrest from it ??

[@shafqatmahmood1656]

He is right when he is talking about this system that Actually it's benefiting rich banks but he does not have proper solution. Very easy to say that keep renting through out your life. House is basic need. He is also wrong when giving example interest rate 15%. Now a days it's around 3.25. Which is also unfair but the interest you pay in that rate is less than the Rent you pay. Please bring leadership here give proper solution. Keep renting is not solution but a curse. Some time renting may be less curse than interest or something interest is greater curse than Renting when rates are high. When you are renting you are paying for your landlord mortgage. Now a days Rent is so high in Toronto Canada. Please give proper solution.

[@lastbriteSon]

I think your missing the Main point here, if you are a Muslim, a Muslim who actually cares about his or his religion and abides by the rules god laid out, do you really want to wage war against god? Just for worldly possession.

[@gooddeedsleadto7499]

How to get an internet free loan to start a business with some down payment?

[@khadijismailinaahmed_105]

👍👍👍💞💞💞☝💞😍😍😍😍💓💝💞

[@GloryBelongsTo_ALLAH]

What about crytocurrency?

[@hameezahamed2719]

Sri Lanka is real world example

[@syedali2494]

One question what if in the market. 3 bedroom apartment cost $1200 monthly rent And a 3 bedroom home cost same $1200 monthly mortgage? Many muslims nowadays thinking that instead of paying rent pay mortgage if the amount is almost same.

[@sali6173]

If its interest on the mortgage than its haraam even if its the same price

[@tomthumb1965]

amazing response brother but need abit of work with your maths skills! still thank you for explanation.

[@mohammedqadir1913]

Tom Thumb whata 2+2?

[@S.Mir786]

True that 😂 brother skipped the math class - kidding

[@wxxr9095]

Proverbs 22:7 don't be a slave my bros

[@yassinlg9355]

Slm en français svp

[@adeelabbasi6628]

u knew that i don't hate all Jews but their influence leaders that get me all time Walaikum assalam alaikum wa rahmatullahi wa barakatuhu i something get very aggressive but i do want good for both sides Israel and other reasons why i sound so hateful sometimes sorry is it any wonder that our Prophet (S.A.W.) said we will fight them i pray to ALLAH SWT to make me one of those who fight them

[@LeSeigneurDLobscurit]

Wall street!!!!!!!

[@MyIslamicBanking]

No, it is not the same. Because by renting you pay for living in the house, this is halal. If you are sick or lose you job, you don't have debt. You could move in a new house. The life is short, you won't take your house with you, so don't fall in the trap of riba, the war against Allah swt.

[@MR-rk5kv]

Assalamu alaikum brother and sisters who lives in USA. Masha Allah Sheyh explained everything completely. But i have questions for those who live in USA. We are family about 10 year in US,NY. I am taking care of my children. My husband only employed. Since 2008 we are nothing earned but sometimes we are in minus. When you have more children you cannot live in 1 bd apartments. So you have to rent minimum 2 bedroom if you have boy and girl so 3 bd. How much cost now 3 bd apt minimum 2200. I have doubts that i could find it. Also landlords checking your credit score. If you don't have good credit score your case failed.your are not eligible to rent this house. What about income right now if u don't have US degree the best job for u is TaXi driver. But what about those who worked as home attend. Their income nothing with their expenses. Also another biggest problem with ur neighbors most of neighbors don't like kids. Little bit noise they complain to Super,landlord. Poor kids they are not like animal if you band it say sit as dogs cats sit. This is kids. You can not all time say be quite. Because neighbors could complain.I am very confuse. When you paying so high cost to rent but cannot live on it as you wish. To buy house you are never can earn money.

[@badhasa431]

To answer your question leave the big cities and move to small City like Minnesota where we live. Jobs are available here. My sister has 3 kids and rented 2 bedrooms for 975 a month. Alhamdulillah they are doing fine. Her husband and my sister are working hard to save up money and buy a house in cash. So you have to leave unaffordable cities like new York California, Nevada and etc

[@zund4]

All this pale compared the Disaster caused by getting involved in Interest That happen in Dunya and Akhirah

[@wazilirulindasadala2223]

If you buy house in Belgium you pay 2%on credit . Alihalali if you house you pay 30% on credit So which is Haram?

[@mohamadanas9363]

I been trying to find saving account don't pay interest to me and is hard to find so, I stay away from interest. Only have chacking account.

[@EB-gt1pq]

It’s a few pennies. Just give it along with zakat

[@cedricmaillet7967]

Riba is the doorbell through the evil actions among the livings

[@Shahidapkadost289]

What about those who have bank account in bank🤔

[@lastbriteSon]

Move your money to a bank that has no interest

[@onemanturk]

Ok can i ask.. Say you have a saving of X amount, saved up in your bank account and your bank pays you 2% interest per year, for saving it... This is haram??

[@azzyahroud4098]

Yes

[@bakubaku973]

I kiss your lips my brother which speak the TRUTH

[@tawfeeqmohammed3335]

Any money debt should be paying for the same amount without any interest

[@husseinm.m1170]

Riba is acurse on this wotld our tradition for bids riba in allits forms one of the un Derlyinr reasons for islamophobia is the islamic opposition againrst riba our tradition is a comprensive system for a life of bliiss inthis world and in aakhira the next world may all humans have access to it bi iznillah

[@M.Z.B3]

im not disagreeing with the sheik in fact i agree with his point but he mentioned we pay for a house for 15 years and the bank can still end up kicking you out and taking the house. but i can rent a house for 15 years and then the owner can take the house back and kick me out. whats the difference of it benefitting or hurting me in this world

[@aydarmannanov4622]

if the owner of the property kicks you out, at least you ll have your money, which you saved by not paying mortgage which is usually higher than rental payments. in addition, i realized that mortgages create artificial demand for properties driving up home prices. consequently, less people can afford to buy houses. let's avoid riba brothers and sisters. And Allah knows the best.

[@Ronaldo93680]

+Mohamed Beydoun, As brother Айдар Маннанов2 said, if the owner of the property kicks you out, you can just rent Another house also, as the brother said mortgages create artificial demand for properties driving up home prices. consequently, less people can afford to buy houses. In addition, interests causes bother and headaches and in the end you end up paying excesseviley more Money than what the house was Worth, so in essence, they are earning Money by lending Money and not for the goods itself.

[@aydarmannanov4622]

Suppose if you rent a house, you pay 1000 USD per month. If you buy it on mortgage, for example, here in Russia you pay around 2000 USD per month. So you can save at least 1000 USD per month, invest it in yourself, your business, or do whatever you want. After some time you'll have enough money to build or buy your own house, inshAllah.

[@ym3519]

Explanation doesn't get clearer than this.

[@adukaalhaj122]

Even so called Islamic bank itself. They also kick us with big riba. They name it (the package) in Arabic just to make it sound Islamic and halal.

[@shahul8222]

U r true

[@sali6173]

They do riba behind back doors. Still the same thing, best if you live on rent or buy the house fully. We should make a sacrifice in this world for the here after. Dont risk your here after doing Riba just to buy a house. Only thing your going to take to your grave are your deeds.

[@ozziejam]

Rabia Stefani. 216000 dollars still worth it if u get a house in Jannah (Heaven).

[@freddiemack1285]

23 dollars a month..how much is that a year? 600

[@golladegaite2253]

This is riba

[@interestingg]

Mortgage means death pledge.

[@mrlesta]

so khalid yasin doesnt use banks for his donations

[@ISCDESIGNAustralia]

interest-free accounts with NO interest payments. simple most muslims do this.

[@gooddeedsleadto7499]

Banks allow u to reduce the interest rate by making u buy points as part of contract, What if the bank allow u to buy enough points to reduce your interest rate to zero, is it allowed in Islam? Banks offer points for us to buy mortgage based loans, may be some banks offer points for loans in general. Does anyone know if banks offer buying points to get zero percent interest loans. BTW, u pay off the bank their interest amount before they give u the loan amount. So there is zero percent interest rate during the life of the loan.

[@MAH-ls1if]

Can I do job as a clerk in banks???? .

[@sm112]

How to buy a house then? I can never save 400k to buy one. There must be a solution surely

[@turbocharge2512]

Gather 10 or 20 honest and like minded Muslim and each should contribute 50k per year to a common account , put a lottery system of each ones name and select one through lottery each year ,one person will buy a home without riba per year .. this is just a heigh level thought ..

[@lastbriteSon]

@@turbocharge2512 mashallah its a great idea but one that surely will require patience with all parties involved

[@Repented2God]

The earth belong to god find a good spot in the wood near to a lake and river and a road and build a house by ur hands or some workers

[@shahul8222]

@@turbocharge2512 Barak Allahu feek. We do that same thing here. But we pick lot each month for a lesser amount.

[@VSSMSSSS]

Taking interest (Riba) is bad (Haram). O.K. What about the value of the house purchased by the person through house loan double, trible etc during the period and make the person as a owner of a property? It is exactly happening in majority of the cases. Incase the house loan is not there millions of families in the world will not live in their own house. Failure to repay the loan and loosing the property is less common . So, loans and interests paid are not always haram or halal depending on the benefit or loss attained by the person.

[@raihanarefin4429]

I have a question, suppose i have bought a real estate property (that is below the market price) I took a $40,000 mortgage with $10,000 down payment (means total worth is $50,000). Now I have to pay $577 every month for mortgage. Now i've rent the house at $600 every month(that's the actual rent for the property). I'm paying the bank with that and getting $23 per month in my pocket. I will sell the property after 10 years with the market price, suppose $80,000. Now you can see, tenant paid the actual rent, I didn't lost any money from my pocket, And bank couldn't take my house. Now everyone is getting facility from it, none is is danger. So why it is haram?

[@sali6173]

You are using the rent money to pay off your intrest for the house

[@sali6173]

@@roberthannah7983 riba is riba. This is From Jabir : The Prophet, , may cursed the receiver and the payer of interest, the one who records it and the two witnesses to the transaction and said: "They are all alike [in guilt]." (Muslim, Kitab al-Musaqat, Bab la'ni akili al-riba wa mu'kilihi; also in Tirmidhi and Musnad Ahmad)

[@sali6173]

@@roberthannah7983 okay so what the person who commented said he is taking a mortgage out to buy a property, he will have interest on it to pay right? Second there are plenty of verses in the Quran which say riba (usuary) is forbidden. Also the hadith is quite authentic and majority of the scholars agree with this. Second Revelation (Surah al-Nisa', verse 161) “And for their taking interest even though it was forbidden for them, and their wrongful appropriation of other people’s property. We have prepared for those among them who reject faith a grievous punishment (4: 161)”

[@sali6173]

@@roberthannah7983 he is being exploited by the people who give him a loan with interest, that is clear riba. Also when you say you dont agree with these scholars you dont show any proof to back up with what your saying.

[@raihanarefin4429]

@exposing world yes i agree with you, as Saitan also asked Allah, "Why i should bow down to Adam(as), as i am far superior than him?" His logic was right, but it was Allah's command, so should have obeyed that. So conclusion is, Allah knows the things far better than us. (don't get me wrong, I was just trying to find a "Cause" for mortgage being haram, as the "Exploitation" part is missing if we use the money properly. But as I am still in a confusion, I prefer not to take mortgage, as it will be more safer to Islami Sariyah)

[@RH_my]

Yoi can take an islamic compliant insurance called takaful

[@hasan-urrashid8988]

Jews started interest.

[@aishahussein2122]

In my country, China owns Large lands, airport, roads wic was from interest

[@magic10801]

So do Muslims leaders provide homes interest free for Muslims renting is not always suitable for some families. Are all Muslims paying 450,000, cash for their homes..?

[@RiskyWiskyHD]

In muslim country you just buy the land from the government or just get a permit stating that you are the owner of a unowned/goverment land. with no attached house or Someone who has a land and builds a house on it will sell it to you for an negotiable amount. The people buy/sell/remt from the people.

[@mohamedhussein616]

You buy what you afford otherwise leave in a rented house...work till you buy your own house

[@shukria485]

Buying house is lower is Islamic countries. If i buy house for 50,000 for 2 years payment for example.I will pay you the the 50,000 you the seller doesn't add interest....

[@nowomannocry8327]

Insurance is so cruel

[@mdkalim169]

Why do in Muslim countries bank lend money on interest?

[@missbizzy701]

Religion has left the hearts of even Muslims in control