DBA 3rd Semester

 (ربا) RIBA 

Islamic Banking  

Riba (Arabic: ربا, IPA: [rɪbæː]) means usury and is generally forbidden in Islamic economic jurisprudence fiqh.

There are two types of Riba discussed by Islamic jurists, that prohibited by the Qur’an (an increase in capital without any services provided) and that prohibited in the Sunnah (comprising commodity exchanges in unequal quantities).