Riba Nasiah, Debt Returns Fall Tempo, Here's An Example Of The Case

Debt illustration (Era.id)

YOGYAKARTA Riba Rah is a type of usury known in the Islamic economic system. This Riba is easy to find because the practice is often carried out by the community. Unfortunately not all Muslims know usury well. This article will provide an explanation regarding the type of usury.

Basically, usury is an addition that is charged to someone without compensation for loans or debts. In Islam, usury is haram regardless of practice. In Islamic teachings, there are several types of usury, one of which is usury rice (nasi'ah).

In an article entitled Riba: Dirty Transactions In Economics published in the journal Iqtishodia of the Sharia Economic Journal (2017), it is explained that usury is an additional that is requested by the debt giver to people who are in debt because the payment is delayed or postponed.

Riba nasah is also known as an exploitative riba jahiliyah. This mention was obtained because during the Jahliyah period, people used to lend to someone. And after maturity, the debt giver will offer whether his debt will be extended or not in exchange for the request of the debt giver. This makes the debt continue to be in debt and is very detrimental to the debt recipient.

An example of the practice of usury rice is when the Si-A lends Rp100 thousand to Si-B on condition that it must be returned on July 1, 2050. However, until it matures, the B is unable to pay his obligations.

Si-A has no problem extending or delaying the payment maturity on condition; Si-B is required to pay an additional fee of 0.5 percent of the total debt. The additional fee will continue to be accumulated per month if the tempo continues to be delayed. This addition is what is called usury rice.

In general, usury is not allowed in Islam. The prohibition is contained in the Koran or hadiths. There are several consequences of usury that need to be known, namely as follows.

The practice of usury is indeed quite attached to the debt of receivables. Meanwhile, receivable debt usually occurs in one social environment. On the other hand, the existence of usury can trigger disputes, especially by borrowers and lenders.

Riba as the entrance to exploitation between the debt giver and the debt recipient. This practice allows the debt giver to ask for all valuables owned by the debt recipient.

A healthy economic round is when the wealth of the rich enters as an advantage for the poor in the trade process. Meanwhile, in the usury system, the rich's assets trigger the destruction of the economic cycle.

The practice of usury has the potential to be confiscated by other people's rights in various forms. This exchange is certainly very contrary to the teachings of Islam.

Understanding usury is the key to having a blessed treasure. Visit VOI.id to get other interesting information.