Bank and interest |Profits and loss

In , interest or riba is considered haram or forbidden. This is because Allah has forbidden it, and mutual consent to commit a haram deed does not make it halal. Accepting interest does not make it permissible. Interest is exploitative, and it creates social antipathy, distrust, and resentment. By making riba illegal, Sharia law creates opportunities and contexts in which people are encouraged to act charitably and help others through kindness. Although it is possible for an entity to sell something at a profit markup, riba is banned in finance. There is much bayans over what constitutes riba, whether it is against Sharia law, or only discouraged, and whether or not it should be punished by people #informative70