This study addresses the ongoing debate among religious scholars, Islamic studies academics, and economists regarding the permissibility of interest in banking credit mechanisms. Initially, it examines al-Jashash's interpretive framework in formulating rulings on riba within the classical exegetical tradition. Furthermore, this study elaborates contextual perspectives to extend beyond purely normative analysis, aiming to formulate a more comprehensive understanding and bridge the gap between classical concepts of riba and contemporary monetary systems. This study employs library research methods applying a mawḍuʿi (thematic) interpretation approach, as all data sources are bibliographic and analyzed thematically. The findings illustrate that al-Jashash's interpretive construction operates within a textual-normative framework focusing on lexical and syntactic structures, utilizing supplementary sources including the Sunnah, companions' opinions, ijma, and the socio-cultural context of Arabian society. Additionally, this study applies Abdullah Saeed's theory to examine the contextual reality of bank interest, concluding that bank interest cannot categorically be equated with riba.
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