Question: Oh Virtuous Shaikh, what has occurred recently in terms of the economic recession, is it indicated by the last Hadith [mentioned]:
مَا أَحَدٌ أَكْثَرَ مِنَ الرِّبَا إِلاَّ كَانَ عَاقِبَةُ أَمْرِهِ إِلَى قِلَّةٍ
There is no one who deals in usury a great deal (to increase his wealth) but he will end up with little (i.e., his wealth will be decreased).
[Saheeh Ibn Majah no. 2279]
Answer: “Yes, yes. No doubt”
[Sharh Ibn Majah no. 164]
Translated by
Faisal Ibn Abdul Qaadir Ibn Hassan
Abu Sulaymaan