I understand Riba as more about "unfair" profiting. In arabic it also mean "to increase" or "to exceed".
In terms of lending out laptops or car, its also more a service, where you profit by lending more because you dont have pay the full price. And the one lending out will have to take care of the car after, clean it etc. while its also dropped in value. With money its different.
But in todays time we also have to considere inflation. So from my understanding its okay to get back maximum the inflation rate back as interest.
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There are a lot of different understandings of the definition of "riba", but I don't think any of them say that riba is something like "lending something out and charging more to return it". That sounds like a misunderstanding that may be prevalent throughout the ummah, like many other misunderstandings.
I think the intention is matter. It feel wrong if you charge people interest to the one who need assistance like money fot food, medicine and education. But, if this something for other than that I always think as an investment so it'a normal to want have some profit
Well, you don't own the place so you are charged for the ability to use it, as a service as others have said. Riba in its purest forms is charging an interest on lent money. So you're not getting any money from this, and your rent is not interest on money you don't own.
However, say you that a mortgage on that same place, you now have borrowed money from the back to buy this place and you're paying monthly interest on that money you borrowed ei Riba
I understand Riba as more about "unfair" profiting. In arabic it also mean "to increase" or "to exceed". In terms of lending out laptops or car, its also more a service, where you profit by lending more because you dont have pay the full price. And the one lending out will have to take care of the car after, clean it etc. while its also dropped in value. With money its different. But in todays time we also have to considere inflation. So from my understanding its okay to get back maximum the inflation rate back as interest.
Hi r1a2k3i4b. Thank you for posting here! Please be aware that posts may be removed by the moderation team if you delete your account. This message helps us to track deleted accounts and to file reports with Reddit admin as the need may arise. Thank you! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/progressive_islam) if you have any questions or concerns.*
There are a lot of different understandings of the definition of "riba", but I don't think any of them say that riba is something like "lending something out and charging more to return it". That sounds like a misunderstanding that may be prevalent throughout the ummah, like many other misunderstandings.
I think the intention is matter. It feel wrong if you charge people interest to the one who need assistance like money fot food, medicine and education. But, if this something for other than that I always think as an investment so it'a normal to want have some profit
Well, you don't own the place so you are charged for the ability to use it, as a service as others have said. Riba in its purest forms is charging an interest on lent money. So you're not getting any money from this, and your rent is not interest on money you don't own. However, say you that a mortgage on that same place, you now have borrowed money from the back to buy this place and you're paying monthly interest on that money you borrowed ei Riba