Munich Personal RePEc Archive

Ibn Qayyim al-Jawziyyah’s Usury Concept

Gunarso, Gatot Hadi (2018): Ibn Qayyim al-Jawziyyah’s Usury Concept. Published in: Ibn Qayyim al-Jawziyyah’s Usury Concept , Vol. 02, No. 01 (16 June 2018): pp. 1-6.


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This article uses a literature review approach focusing on explaining how the concept of usury in the view of Ibn al-Qayyim al-jawziyyah. This article asserts that usury is one of the forbidden transactions in Islam because it is recorded in the letter of Al-Baqarah verse 275, In interpreting the verse related usury, Ibn al-Qayyim explains that usury is divided into two namely riba fadl and usury nasiyah. The usury has become a core in conventional banking in modern times better known as flowers.

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