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Old February 18, 2007, 10:46 PM
billah billah is offline
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Join Date: September 5, 2003
Posts: 5,364

Quote:
Originally Posted by Hatebreed
I personally am suspicious of terming interest as "profit". Although I've read that earning or paying interest itself is not prohibited in Islam, however "usury" is, which means "extortionate interest". Anyone care to shed some light on this?

http://www.submission.org/islam/usury.html
Yup. I think you are right. I think Sharia says if you borrowed some money, and returned it later, you are supposed to give back the money that has the same buying power of the money originally borrowed. That is not usury. So, if you borrowed fifty bucks two years ago, you may have to return sixty five today. People may tend to over generalize the concept.
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