‘If ye do it not, take notice of war from ‘Allah and His Apostle: But if ye turn back,ye shall have your capital sums …’ (Q.2:279)The quotation above warns ...

Assessment: JAMB UTME - Islamic Religious Studies - 2001 Subject: Islamic Studies

Question 1 Report

‘If ye do it not, take notice of war from ‘Allah and His Apostle: But if ye turn back,ye shall have your capital sums …’ (Q.2:279)The quotation above warns against
Answer Details
The quotation above warns against usury, which is the practice of lending money at an exorbitant or illegal rate of interest. The verse is a warning to those who engage in such a practice that they will face consequences, including war, if they do not stop. It is an admonition to conduct business and financial transactions fairly and ethically, without exploiting others for personal gain.

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