Green Philosophy: International Journal of Religious Education and Philosophy
Vol. 2 No. 4 (2025): October: Green Philosophy: International Journal of Religious Education and Phi

The Dangers of Usury from an Economic Perspective

Arif Syofyan Hadi (Unknown)
Sutrisno Ismail (Unknown)



Article Info

Publish Date
30 Oct 2025

Abstract

The study of usury in Islamic jurisprudence (fiqh) of muamalah maliyah is crucial as it helps determine whether a transaction is permissible in Islamic business and finance. If a transaction involves elements of usury, it is considered prohibited (haram) under Islamic law. This research uses a library research method, analyzing secondary data from books, articles, and journals to review the dangers of riba from an economic perspective. The study reveals that riba occurs in sale and purchase transactions when goods or prices are manipulated, leading to unfair advantages for one party. Riba includes both usury fadl (excessive goods) and nasi'ah (delayed payment) and is prohibited in Islam, as stated in the Qur'an, Sunnah, and Ijma'. Allah's prohibition of usury aims to protect the welfare of society, and violating this law brings harm not only in this world but also in the afterlife. The widespread practice of usury contributes to economic inequality, inflation, economic stagnation, crises, and increasing debt burdens.

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Journal Info

Abbrev

GreenPhilosophy

Publisher

Subject

Religion Social Sciences

Description

This journal covers a wide range of relevant topics, such as: Religious Perspectives on the Environment, Religious Education for Sustainable Living, Environmental Philosophy and Ethics, Case Studies and Empirical Research, Multidisciplinary and ...