Ribā
(3,327 words)

(a.), lit. increase, as a technical term, usury and interest, and in general any unjustified increase of capital for which no compensation is given. Derivatives from the same root are used in other Semitic languages to describe interest.

A. In classical Islamic law.

1. Transactions with a fixed time limit and payment of interest, as well as speculations of all kinds, formed an essential element in the highly developed trading system of Mecca (cf. Lammens, La Mecque à la veille de l’hégire , 139 ff., 155 ff., 213-14). Among the details given by the Muslim sources we may belie…

Cite this page
Schacht, J., “Ribā”, in: Encyclopaedia of Islam, Second Edition, Edited by: P. Bearman, Th. Bianquis, C.E. Bosworth, E. van Donzel, W.P. Heinrichs. Consulted online on 11 December 2018 <http://dx.doi.org/10.1163/1573-3912_islam_COM_0918>
First published online: 2012
First print edition: ISBN: 9789004161214, 1960-2007



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