According to press reports, the Azhar University in Cairo, Egypt has issued a ‘fatwa’ (sic) declaring the permissibility of fixed interest. one such report says:
“Islam’s highest authority, the Al-Azhar Institute in Cairo, has given a green light to fixed banking interest in Egypt.”
“Sabar Talaab, the head of the secretariat, said on Sunday that Al-Azhar’s Islamic theological research committee had reached the verdict on October 31.”
“Religious jurisprudence means change and it is illogical to remain frozen while the world changes around us,” said Talaab.”
While the shayaateen masquerading as Muslims make such comments and ‘legalize’ what Allah has made Haraam, the Qur’aan Majeed unequivocally declares:
“Those who devour interest do not stand except as stands one who has been driven to madness by the touch of shaitaan. That (madness of theirs) is because they say: ‘Certainly, trade is like Ribaa.’
But Allah has made lawful trade and has made haraam ribaa.”
“O People of Imaan! Fear Allah! And shun what remains of ribaa if indeed you are Mu’mineen. And, if you do not do so, then take notice of war from Allah And His Rasool….”
[Surah Baqarah, aayaat 275, 278, 279]
The attempt to make interest halaal is nothing new. The enemies of Islam and zindeeqs, especially in this age of anti-Taqleedi’ism, have and are always subjecting the Shariah to personal opinion. The sinister motive of all these zindeeqs — the latest example being the MPL crowd — is material gain—monetary gain – worldly acclaim, etc. They perceive the Shariah as a huge impediment in the path of ‘progress’ — progress in the conception of western ideology. It has therefore become expedient and necessary for the zindeeqs to make haraam things lawful, left, right and centre.
In this regard, we believe Yusuf Ali was the first zindeeq who had made an abortive attempt to differentiate between bank interest and the Islamic meaning of ribaa. Excluding bank interest from Ribaa, Yusuf Ali states in his baatil commentary on the Qur’aan:
“My definition (of ribaa) would….exclude economic credit, the creature of modern banking and finance.”
The zindeeq stated his opinion in a bid to legalize interest some 70 years ago. Therefore, the ‘fatwa’ of Al-Azhar is old-hat.
The claim that Islamic jurisprudence (Fiqh) means change is utterly baseless and has to be dismissed with contempt. The suggestion that the laws of the Shariah are ‘frozen’ in a changing world is downright kufr. Talab, the spokesman of Al-Azhar implies that the Shariah of Islam has become obsolete hence the need for change and re-interpretation to make it compatible with western economic theories and practices. He has implied that what the Qur’aan taught fourteen centuries ago cannot be applied in this modern day of western advancement. He implies that the Qur’aan and the Sunnah—the Shariah of Islam—have outlived their utility. This leads to the kufr of the need of a new Nabi with a new Shariah. The implication of the rejection of the Finality of the Nubuwwat of Rasulullah (sallallahu alayhi wasallam) is glaring.
Just as the Qur’aan denounced and rejected the mushrikeen’s attempt to equate trade with ribaa, so too does it reject Al-Azhar’s attempt. Al-Azhar has merely gorged out what the mushrikeen of Arabia had said fourteen centuries ago, namely, “Trade is like Ribaa”. The modernist zindeeqs such as the committee of Al-Azhar contend:
“…….such practices (economic credit) amount to commercial dealings undertaken by a bank in the name of its clients. They also draw a parallel with the commercial profits made from the caravans which the prophet Muhammad led almost 1400 years ago after buying goods with money collected from members of his tribe.”
But the Qur’aan emphatically rejects both the mushrikeen of 1400 years ago and the zindeeqs of Al-Azhar. Thus the Qur’aan Majeed declares:
“And Allah has made lawful trade and made unlawful ribaa.”
The western media in designating Al-Azhar as the “highest authority” of Islam has sought to confer Vatican status to this Institution which has fallen into the dregs of kufr and baatil. In Islam there is no parallel with the Vatican. Al-Azhar even in its heyday when it was a truly Islamic Madrasah from whose portals walked innumerable great Ulama and Auliya, never was the “highest authority” of Islam. Al-Azhar to Muslims is NOT what the Vatican is to Christians. Al-Azhar in the present age is a non-entity in so far as the Shariah is concerned. It holds no status in the ranks of the Ulama. It is an un-Islamic centre conspiring the destruction of Islam. It is an appendage of the kuffaar government of Egypt. Al-Azhar enjoys no credibility among the true Ulama of Islam.
The ‘fatwas’ emanating from Al-Azhar’s Committee of Zindeeqs are pieces of scrap not worth the paper on which they are written. The crowd of zindeeqs who seek to render halaal what Allah has made haraam, is trying to capitalise on the past image of that once august Institution of Islam. But since these zindeeqs are “driven to insanity by the touch of shaitaan”, they will not succeed in their plot to hoodwink the Ummah with their fatwas of baatil and kufr churned out purely for worldly reasons and to appease the kuffaar authorities who happen to hold sway in Egypt.
Bank interest is not different from the Ribaa prohibited by the Qur’aan Majeed. Bank interest is not ‘profit’ as the zindeeqs are propagating. No Muslim who possesses even a smattering of Islamic understanding will swallow the kufr drivel of bank interest being ‘commercial profit’.
“The Majlis” Vol.15 No.5
Source : TheMajlis.net