Riba Only On Consumable Items
Respected Faisal Sb السلام عليكم ورحمة الله وبركاته Many thanks for your reply. To be very honest the only reason I wrote to this platform is to learn. Unfortunately when I approach our classical Islamic scholars I do not find something practical specially on riba. Since Ghamdi Sb explains topics in much detail that is why I want to ask about my confusion on this topic but if you don’t like I will not ask again. It is my opinion and I may be wrong that riba is such a complex issue that can be better understood with examples. Principally we all know that riba is prohibited but when we apply it in our daily life we need more clarity. My earlier question was different, in that post I asked about ‘ Interest Payers ‘ and in this post I want to know about interest implications on non-consumable items. For the last time and if you think appropriate: I want to rephrase my question again and humbly request you to please specifically answer about this case even if you think it as hypothetical. There are two extremely poor persons and only one money lender. Both of the poor men desperately need accommodation. Both approached the same money lender. To one poor man the money lender gave cash of 5000 as loan and demanded to repay 5500 in ten months. The man poor with this borrowed money bought a portacabin house. As per my understanding this extra amount of 500 is riba. To the second poor man the money lender gave a portacabin house which he (money lender) bought for 5000 and demanded the same repayment of 5500 in ten months from the second poor man. As per my understanding this extra 500 is also riba no matter if it is being charged against a non-consumable item. My only confusion is that when in both cases the money lender is getting the same benefits, in both cases poors are being exploited then how one transaction can be halal and one haram. My confusion is that Ghamdi Sb says interest is not applicable on tangible things but I do not find any difference in both the transactions. Please tell me the specific point/factor on the basis of which we can declare frist transaction prohibited and second as allowed. Hope you understand my point of view. While answering please keep in mind that I do not want these poor people to live under sky rather I want that they both poor men should get interest free loans. Jazakallah Khr Tauqeer Uddin Ahmed