Opinion

Did Prophet Muhammad (SAW) Permit 100% Interest Rate? A Rejoinder

Published

5 years ago

August 10, 2020

Bello Sani Yahuza,The writer on Interest

By Bello Sani Yahuza

“He who talks on a matter out of his profession comes with surprises” – Ibn Hajar (d. 852AH/1449CE) It has never been an issue for a person to have a keen interest in any field of study. But it is an outlandish the way things are going and the way people quickly assume expertise on a subject matter that are not familiar with.

They instead, come up with a lot of chaos, contradictions and confusion. So, I came across an article, written by one personality called Ali Abubakar Sadiq, a journalist by profession who claims deep knowledge of the Principles of Islamic Jurisprudence where he delves into a delicate and intricate issue of Riba (interest).

Sadiq alleges that the Prophet Muhammad SAW has permitted a 100% interest rate. So, instead of a solution, he brings more confusion to rather known and well define the concept of Riba in the classical juristic theories and its application in the modern banking system.

But, beyond this, the writer creates a world of surprises. In fact, if there is an 8th wonder of the world, I am sure his writing could be the one. I, therefore, write these lines, in order to at least address some of these surprising confusions.

I intend to address some technical questions regarding the subject matter. For instance, is it really the Prophet (PBUH) permitted interest? what really interest is? What and what constitutes interest (al-had)? What is the Dhabid of understanding interest? What is the effective cause of and what is the wisdom/Maqasid of prohibiting interest?

In sha Allah, I will address these questions along the following surprises itemized based on their importance to the subject matter:

The Prophet SAW Accepted Interest: Beyond just surprise, it is rather dangerous to claim that the Prophet (SAW) accepted interest. It can even be sacrilegious. I never read or heard a modernist or an orientalist proclaiming that the Prophet himself accepted and transacted in interest. Had this happen, that could be contradictory, I mean how can Prophet Muhammad SAW prohibits something and practiced it. The legal maxim upholds that, “Prohibition of an issue is by default an enjoinment of its opposite”.
This terminology by jurists fits this context well. Besides, the condemnation of interest in the Qur’anic verses are explicitly clear that, Allah even declare war against devourer of interest (Qur’an 2:179). In another verse He says that the devourers of interest will raise in the day of resurrection in a condition of those beaten by Satan leading him to madness (2:275). Another point is how does the writer reconcile his claim with the verse that says, …and Allah has permitted trade and forbidden interest (riba) “الراب وحرم البيع هللا وأحل .” Qur’an as a legal document and a book of guidance, has unique, distinct, and miraculous style. It is full of laws and principles with a well-defined science of interpretation, in addition to commentaries and exegeses. One cannot interpret it relying upon his weak understanding of the language. Besides, English Qur’anic translated versions like Yusuf Ali and others are not enough to make a person understands the deeper meanings of its verses with their implications. Just as one cannot interpret the constitution of the Federal Republic of Nigeria even if he is what William Shakespeare is to English literature. Only an established court of law can do that.
The only Interest/Riba Prohibited is above 100% Another surprise by the writer is his claim that interest which is not more than 100% is permitted by the Noble Qur’an. The writer builds his novice interpretation of Allah’s saying: “O believers, take not doubled and redoubled interest, and fear Allah so that you may prosper.” (Qur’an 3:130). With this weak, unprecedented interpretation, the writer further exposes his unfamiliarity of what he claims to know. Going by number, how would Qur’an permit 100% interest and forbids something above it? And by volume, does one cup of wine has any difference to two cups, or does stealing ₦100 has any difference to ₦200.
It does not make sense, and that is ridiculous! Simply, the verse prohibited double interest which is 100% and redouble which is more than 100%. Going by the writer’s assertion, how and where does the writer get the permission of 100%? I mean, where does that state in the verse? 3. Riba, Profit, and Gift (Ihsan) Another point the writer seems to lack knowledge of is these three concepts. All of riba, profit, and gift (Ihsan) can come as an increase in repayment, his confusion in understanding the subject matter led him to falsely assume they are the same and equal, and so he messed up with them in his writing. Citing Jabir bin ‘Abdullah’s narration in Sahih al-Bukhari, Vol. 3, No. 579, in which the Prophet repaid him the debt he owed him with an extra amount as evidence for interest.
This is clear misunderstanding of the case. This is not interest, had the writer, instead of assuming knowledge, referred himself to the scholars’ interpretation of the hadith, he would have understood it. The Qur’an says: “But if they had referred it back to the Messenger or to those of authority among them, then the ones who can draw correct conclusions from it would have known about it” (Qur’an 4:83). So, interest is clearly prohibited whereas, the other two are allowed. More so, debt on its own is not, and will never be a mechanism for profit-making in Islam. The trajectories of interest, profit, and gift and how they can interchange in a transaction are dynamic.
Interest is a predetermine unjustified increment which promotes exploitation of the giver upon the receiver of the loan. Giving out loan does not make the money increase. Qur’an says: “That which you give as interest to increase the people’s’ wealth increases not with Allah; but that which you give in charity, seeking the goodwill of Allah, multiplies in manifold.” (Qur’an 30: 39). Paradoxically, profit is a justified return or earning upon which all economic and financial transactions are based. While gift is an act of benevolence (Ihsan). So, in essence, giving loans stipulating an increase in the debt agreement is interest, while selling a commodity with the same increase is profit and any addition of both the two instances without stipulating any condition to it, is a gift (Ihsan). As in hadith he cited, “when he (the Prophet) repaid the loan of a camel giving two back (Muwatta Kitab al-Buyu hadith 1346),
Money and Commodity A very basic knowledge of Islamic finance can help one to know that in Islamic law, there is a world of difference between money and commodity. The writer quoted out of context one tradition in Sahih Muslim of Prophet giving a better-quality camel than the original one.
In Shari’ah, a side of being a recognizable unit of account and means of payment for goods and services, money, has no intrinsic value. Money is only viewed as a mechanism for facilitating trade. A ₦100 notes for instance, a side of being a legal tender in Nigeria, one can hardly draw any benefit from it, and the moment that quality preserved by law is removed it becomes nothing.

All the old paper currencies and coins after they were abolished by law of the land, they are as good as trash. But the commodity on the other hand, has intrinsic value, this means a real economic value. So, naturally one can benefit from food, cloth, shelter by eating, waring, privacy etc.

The implication of that from the jurisprudential perspective is that, one cannot buy and sell money on credit and add anything above the principal. Any increment is interest. The legal maxim says “any loan returns with benefit is interest”. Simply put it, Islam approves Time value in commodity transaction, but prohibits time value of money (TVM).

To really understand the concept of Riba in the Islamic jurisprudence, one must know the difference between money and commodity, it is one major yardstick and fantastic point of difference between Islam and the interest-based systems.

Collateral as Riba Again, another surprise here, the writer claims that taking collateral in giving loans is also an interest. Citing another narration out of context on Prophet’s taking grain from a Jew on credit and giving him collaterally.

The question is how does the collateral in this contract stand as riba? Then, why the Jew had to return back the collateral when the debt was repaid?

A clear contradiction and confusion! Collateral is separate rule in the Islamic commercial transaction.

Let the writer refer to Qur’an 2: 282, to know the rules related to collateral.

The Definition of Riba The writer here claims that the definition of interest is given in the Noble Qur’an when Allah says “Do not devour riba double and redouble” Qur’an 3:130. This verse does not define interest at all. Rather, it explains one scope, an aspect, and a dimension of interest. Why? because, the cultural context and the prevailing economic system in the Arabia during revelation is that, riba is well known by all and sundry.

The known maxim says: “A known matter does not need definition”. Interest is so pervasive that everybody was transacting in it. Perhaps, this is part of the wisdom of its gradual revelation and prohibition. So, let the writer refer to the gradual legislation of interest in the Qur’an.

Riba and Mutual Consent The writer says “There is nothing in the Quran or Hadith that prohibits the pre-fixing of the rate of return, as long as it occurs with the mutual consent of the parties and doesn’t exceed 100%, since the prophet’s payment of two camels for one is 100% interest”. Another glaring misconception! When, where and how the mutual consent of the parties constitutes a source of law in Shari’ah? Or when does it make permitted what is prohibited? I need an answer to this please!

Originality The technical aspect of the writing is another drawback of the writing. Apart from verses and hadith he cited; the writer uses most of the writings which are from the secondary sources. The writer claims ownership as if he is the original writer of the issues. He did not acknowledge his sources which some of them are just copied and paste from online internet sources such as Wikipedia and so on.

The arguments made by the modernists and orientalists like Muhammad Akram Khan, Timur Kuran, Muhammad Omar Faruq who use TVM, inflation, and so on to defend the banking interest.

Other scholars who are moved by political fatwas such as Sheikh Tantawi and other scholars from Egypt, their fatwa is controversial not accepted even in Al-Azhar.

Another aspect I find also, apart from modernists’ argument on interest, the writer’s claim on Jassas as the first to interpret interest as all increase, Ottoman’s dealing with interest and historical narration of legalizing interest, these and many others, are not acknowledged. Most of them are copied from Wikipedia (source – https://en.wikipedia.org/wiki/Riba#Non-orthodox_approach).

You can see, getting access to information source does not make a person knowledgeable of the subject matter.

Warning My advice to the writer is to call his attention that while knowledge is never a monopoly of anybody, but it has its own standard, discipline, and decorum anybody must adhere to. And while, one will never claim to know everything, the jack of all trade will always be a master of none.

Allah The Almighty says: “You have given all of the knowledge but a little”. That is why professionalism is very important and every person should follow his own profession. Nevertheless, no one is denied the benefit of having an interest in any particular field of study.

But that aspect should be handled with maturity and respect of the discipline.

Admonition, In conclusion, the entirety of religion is based on admonition (Nasihah). My first and foremost admonition to the writer is to quickly repent from alleging the Prophet of accepting riba.

It is a grievous sin to falsely attribute something to Allah or to His Messenger. Some scholars rank it equal with the association (shirk) or more grievous than shirk.

I also call him to withdraw his claim and adopt the authentic view accepted by the Muslims ummah. The Prophet says: “My nation will never unite on falsehood” You cannot fault the Ummah in its entirety but, individuals cannot be certain of their personal views.

Bello Sani Yahuza bellokano2000@gmail.com International Islamic University, Gombak, Malaysia. 14/07/2020

Related Topics:Interest Loans Nigeria Riba

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Opinion

Political Juggernaut And Stabilizer Of Reckon

Published

1 day ago

January 27, 2026

Nigerian Tracker

Dan Sa’idu Mamman Gaya

The ongoing political shake-up navigating the Kano’s political atmosphere will ultimately lead to alignment and realignment of political forces. Positions, both elective and appointive will be adjusted to align with the new coalition. This is with a view to striking balance, provide the necessary shocks to accommodate members of the ruling Al Progressives Congress (APC).
Since the news of resignation of Governor Abba Kabir Yusuf from New Nigeria Peoples Party (NNPP) broke, the political atmosphere in Kano state has been tensed and filled with high degree of uncertainty which has led to the sharp division of the Kwankwasiyya movement into those in favour of the impending defection of the Governor to All Progressives Congress (APC), led by key confidants of the Governor and those oppose to the move led by the leader of the Kwankwasiyya movement, Senator Rabi’u Musa Kwankwaso.
Naturally, when there is such a political development, positions are likely to be affected and realigned to suit the desired political stability and balance. In the instant case of the defection of Governor Yusuf from NNPP to the APC, which triggered division among the Kwankwasiyya adherents, there are indications that the office of the Deputy Governor might ultimately become vacant owing to the adamant posture of the current occupier of the office, Comrade Aminu Abdulsalam who apparently pitch tent with those that are opposed to the defection of the Governor. The likely thing to happen with the eventual vacation of the office by the Deputy Governor either voluntarily or to be consumed by the consequential political adjustment, the realignment will create a vacant deputy governor’s position.
The governor’s defection may lead to the impeachment of the deputy governor at worst, or he might decide to follow the path of honour by resigning the position.

In the event of the eventual Deputy Governor’s exit, the task of replacement becomes a priority and a matter of serious consideration for political stability and balance of power in the state. In this regard, the process of choosing a new Deputy Governor must be matched with the necessary tact and strategy and forward thinking. Already, there are schemings and discreet moves by interested individuals and groups that are promoting certain individuals to replace the Deputy Governor in his eventual exit as the number two citizen of the state.
Among the frontrunners for the replacement of the Deputy Governor is a former Commissioner for Local Government, Honourable Murtala Sule Garo whose choice is seen as most strategic, suitable, appropriate, right and apt for stability and balance of the Abba Kabir Yusuf government and political structure. Those who favour Honourable Murtala Sule Garo to emerge as the next Deputy Governor hinged their argument on some sterling qualities of Honourable Garo among which include his strong political structure that cuts across the entire length and breadth of Kano State. Loyalty and commitment as displayed in his previous assignments both as Local Government Chairman and later Commissioner for Local Government has made him the best option so far. Honourable Garo’s political influence came to the fore when he aspired for Kano Governorship in 2023 where his political strength, doggedness, dexterity and spread made him to secure the Deputy Governorship ticket of the All Progressive Congress (APC) after the party primaries, owing to the fact that he was a force to reckon with since APC was deeply committed and determined to win the governorship election.
Those behind the moves for the emergence of Honourable Sule Garo as the next Deputy Governor are of the view that fairness, justice and equity are essential components of democracy hence maintaining the Deputy Governorship seat in Kano North Senatorial district where Honourable Garo hails from will solidify the support base of the APC and by extension that of the Governor. This is even more so, as the zone has always been a stronghold of the APC. The APC has maintained control of the Kano north senatorial district even in the face of the NNPP’s 2023 winning streak that swept across the entire Kano’s political landscape. Unarguably, Honourable Garo’s unmatched influence and strong political grip in the Kano North remains the secret of the continuous relevance and dominance of the APC in the zone, hence his choice as the next Deputy Governor will ultimately solidify APC in the zone and better prepare Governor Abba Kabir Yusuf for a smooth return to Government House come 2027. A word is enough for the wise.

Mamman contributes this piece from Kaduna.

Opinion

Why Garo Deserves Deputy Governor Position Under Kano’s New Political Equation

Published

1 day ago

January 27, 2026

Nigerian Tracker

By Najeebullah Ibrahim Soron Dinki

As Kano State witnesses renewed political realignment and coalition-building, attention is increasingly shifting from slogans to substance.
At the heart of this transition lies a crucial question; as the current Deputy Governor, Comrade Aminu Abdulsalam Gwarzo who stick to NNPP bow out, while the Governor, Alhaji Abba Kabir Yusuf defect to APC. What is it likely to happen to the vacant deputy governor’s position when he finally vacate the seat? Who among the political figures will Governor Abba choose to replace him and equally fly the ticket with him in his second term bid?
A politician that can fit in and eventually complement the governor, must be a person with credibility, balance, and grassroots strength. He must be the best bet for this position. In this unfolding conversation, Murtala Sule Garo emerges as a compelling and strategic choice for the Deputy Governor position.

Kano politics has always been decided from the bottom up. Elections are however not won in conference rooms alone but at polling units, wards, and local government areas. This reality places a premium on leaders with authentic grassroots connections—leaders who understand the language, needs, and aspirations of ordinary people. Garo’s political journey reflects precisely this grounding.

Unlike many whose influence is limited to elite circles, Murtala Sule Garo’s relevance has been forged through sustained engagement with grassroots structures. His political capital is built on trust, loyalty, and accessibility. These are not abstract virtues; they translate directly into mobilization, trust, and electoral resilience—assets any serious coalition must prioritize.

Beyond grassroots appeal, Garo brings valuable experience in public service and political administration. The office of Deputy Governor demands more than ceremonial presence. It requires a steady hand capable of managing sensitive political relationships, coordinating government priorities, and serving as a reliable bridge between leadership and the people. Garo’s background positions him to perform this role with competence and restraint.

Coalition politics, by nature, thrives on inclusion and unity. Kano’s emerging coalition must accommodate diverse interests, heal divisions, and project stability. Garo’s ability to maintain cordial relationships across political lines marks him out as a consensus builder, not a polarizing figure. In a state as politically vibrant as Kano, this quality is indispensable.

Electorally, the value of a deputy governorship candidate lies in added strength, not symbolic balance alone. Garo’s extensive grassroots networks, youth engagement, and familiarity with local political dynamics give the coalition an edge where it matters most—on election day.

In the final analysis, the Deputy Governor’s slot should reinforce credibility, expand reach, and stabilize governance. Murtala Sule Garo represents a blend of grassroots legitimacy, political maturity, and unifying potential. For a coalition seeking victory and effective governance in Kano State, his candidacy deserves serious consideration.

As Kano stands at the threshold of a new political chapter, choices made today will shape governance tomorrow. Selecting leaders rooted in the people remains the surest path forward. In this regard, the cap fits Hon. Murtala Sule Garo.

Najibullah Wrote from Kaduna

Opinion

Taming Insecurity in Kano : As DSP Barau Visits Troops, Launches Grand Empowerment in Kano North

Published

2 days ago

January 26, 2026

Nigerian Tracker

Taming Insecurity in Kano : As DSP Barau Visits Troops, Launches Grand Empowerment in Kano North

By Abba Anwar

It takes a patriotic and humane political leader, to visit joint troops in their camps, that are placed to crush bandits on one hand. And to start implementing a round – year grand empowerment programme for his immediate constituency, on the other hand.

To boost the morale of our joint security troops, including soldiers, police and civil defence operatives, that were deployed to four various camps in Gwarzo, Shanono and Tsanyawa local government areas of Kano North Senatorial District, the Deputy Senate President Distinguished Senator Barau I Jibrin, CFR, paid them special visits to their various camps.

The troops were sent on the swift response by President Bola Ahmed Tinubu, GCFR, over the quick request by DSP Barau, concerning recent bandits’ incursion in the aforementioned local government areas, within the parameters of the DSP’s Senatorial constituency. The bandits started attacking some border communities from the neighboring states.

In all the four camps he visited, he interacted with the troops directly, assuring them of President Tinubu’s unwavering support to successfully crush marauding criminals. Ensuring that, he would also do everything humanly possible to see to their victorious accomplishment of their national assignment. To gallantly crush the bandits.

At Lakwaya camp, in Gwarzo local government, he narrated how he reported the incidents of bandits’ incursion, immediately after they stroke, to the President. He disclosed that, “When that happened (bandits’ incursion), we talked to Mr President. For the reason that, it was something that had to do with the security of land, we didn’t come out and say what exactly we were doing to get rid of those bunch of criminals.”

To reveal how President Tinubu was concerned with the situation, as he does to all other parts of the country, DSP said, “Our dear President, acted swiftly by giving directives to all heads of security agencies in the country to quickly respond. To rescue the situation. The result is the presence of these security personnel. Whom I encouraged to make sure they crush those bandits. I know our troops are capable of doing that.”

At some points during the visits, he addressed the affected communities in the presence of the troops. Which also serves as improving security – civilians relations. One of the best security strategies even in modern day security system. As he called on the communities to always support and cooperate with the security agencies with necessary intelligence and prayers.

To keep the momentum of the troops’ patriotism with gallant engagement and committed determination, he said, “Since you arrived in this area, you have been doing all you can to restore peace and tranquillity to our people. I’m here to thank you for putting your lives on the line to ensure our people live in peace and tranquillity. On behalf of the people of this area, the people of Kano North Senatorial District, and Kano State at large, we thank you for your efforts to safeguard the lives of our people.”

Because of the dire need in him, to see to peaceful communities, that started feeling unsafe few weeks back, he insisted to the troops, across the four different locations that, “Please go after these people who don’t want peace in our land, the bandits who are terrorising our people. Chase them wherever they are and flush them out of this area and indeed the entire area. We are hopeful you will be able to do so!

The visits were absolutely commendable and were described as patriotism at its peak. To the extent that, he, the Distinguished Senator inspected a parade by the troops, led by the JTF Commander in Gwarzo, Lt Abdullahi Sadiq. That he did in the company of the Garrison Commander of the 3 Brigade of the Nigerian Army, Kano, Lieutenant Colonel I. Ekoh and other top brass of the security agencies.

Understanding the application of force with the locals’ support, he equally believes that, an honest empowerment initiative would make local recruitment impossible, as preventive measure, against expansion of bandits’ influence. Hence the coming on board of Grand Empowerment programme across his constituency, Kano North Senatorial District.

The day he slated, yesterday Sunday, for troops visits, two of his closest Aides, Shitu Madaki Kunchi
Special Assistant Media and Publicity and Prof. Muhammad Ibn Abdullah, Chief of Staff, kick-started the Grand Empowerment programme in Dawakin Tofa local government.

Grant of One Hundred Thousand Naira (N100,000) was given to each of the selected 100 people. As the remaining local governments from the zone, will get the same grants for the same number of potential beneficiaries. The exercise continues for 12 months. A round-year engagement of beneficiaries.

Across the 13 local governments from his constituency, Kano North, a total number of 1,300 people will benefit from the programme for each month of the year. At N100,000 only per individual beneficiary. Meaning, 18,000 people are set to benefit from this arrangement, for Kano North alone.

Shitu reiterated to all, during the flag-off event, that, the same arrangement would be on board for Kano Central zone and Kano South zone respectively. The total number of beneficiaries per zone is to be determined by the number of local governments in each Senatorial District.

As rightly pointed out by Shitu, part of the DSP’s strategy in finding a some lasting solutions to insecurity experiences, is to properly and productively engage citizens of different age categories, in the empowerment programme. Most of the beneficiaries, who were able to meet Shitu at the occasion, gave him strong worded promise, to convey to the Deputy Senate President, that, they would give all the needed support and cooperation for the security and development of their areas, Kano state and the nation at large.

As part of the package for the grand empowerment the Distinguished Senator sets aside 130 vehicles to be distributed to transport associations to boost transport system in his constituency. As he set aside1,000
motorcycles for riders, teachers and students. As part of the programme.

Not only that, he included in the effort, SME tools for our youth and women. With this distribution a total number of 1,300 sewing machines, 1,300 grinding machines, 1,300 deep‑freezers and 1,300 noodle‑making machines with flour, plus 1,300 bicycles for school kids, are provided, as events for this category is by the doorstep. Another platform for security booster in his constituency.

Making the minds of our youth, so much engaging in both business and sports, so as to divert their, near-idle minds, or restless minds at best, makes part of the shopping list for the Senator’s workable interventions in weakening any process or would – be-process of attracting such minds to crimes and violence.

It is under this, he included, as part of the community engagement, provision of jerseys and footballs to football teams across his constituency. Before coming down to Kano Central and Kano South Senatorial Zones. Under this engagement, jerseys and footballs for 1,950 teams (150 teams per LGA), are already on ground for distribution.

Anwar writes from Kano
Monday, 26th January, 2026