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Examples of Riba Al Nasiah

The document provides examples of Riba Al Nasiah, which is an Islamic term referring to an increase in a loan where the borrower agrees to provide more than the original loan amount at a later date. Examples given include borrowing a car and returning it with a 10% increase, taking out a loan from a bank with a 20% interest rate, and providing a guesthouse on the condition that double the rent is returned. The document also gives examples of concentrating wealth such as saving one's first salary rather than spending it, achieving a scholarship and saving the money to pursue big dreams, saving money in banks, investing savings in a business, and hoarding money as a means of saving.

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Anushey Khan Khan
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1K views1 page

Examples of Riba Al Nasiah

The document provides examples of Riba Al Nasiah, which is an Islamic term referring to an increase in a loan where the borrower agrees to provide more than the original loan amount at a later date. Examples given include borrowing a car and returning it with a 10% increase, taking out a loan from a bank with a 20% interest rate, and providing a guesthouse on the condition that double the rent is returned. The document also gives examples of concentrating wealth such as saving one's first salary rather than spending it, achieving a scholarship and saving the money to pursue big dreams, saving money in banks, investing savings in a business, and hoarding money as a means of saving.

Uploaded by

Anushey Khan Khan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Riba Al Nasiah Examples

 Borrow a car and give it back with the increasing amount of 10%.
 Investing your money in a business and earn huge amount of profit with the rate of
interest.
 Habib Bank Limited provided loan to the employees of HR department and give it back
with the interest of 20%.
 If the borrower offered to pay a higher amount than the loan amount as a condition of
repaying the loan since the higher amount was pre-agreed as a loan condition.
 Provide guesthouse on the condition that you will get it back with the double rent.

Concentration of wealth Examples


 I saved money of my first salary rather than to spend it.
 I achieved a scholarship of money and I did not invest it anywhere because I have a
dream to do something big due to which I saved money.
 To save a money in the banks.
 Investment in the business saves the money as it grows.
 Hoarding is one of the way that help to save money.

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