The Text of the Historic Judgment on Interest
Justice Mufti Muhammad Taqi Usmani
What this source says
This work reproduces and expounds the 1999 judgment of the Shariah Appellate Bench of the Supreme Court of Pakistan, authored largely by Justice Taqi Usmani, holding that all forms of interest fall within the riba prohibited by the Qur'an and Sunnah and that interest-based laws were repugnant to Islam. It surveys the Qur'anic verses and hadith on riba, the historical consensus of the schools, and the modern economic arguments offered to legitimise interest — rejecting the claim that bank interest is distinct from Qur'anic riba.
Wording inside quotation marks is quoted from the source. The rest is this notebook’s summary of it — read the original before relying on it.
Provenance
- Source
- Muhammad Taqi Usmani, The Text of the Historic Judgment on Interest Given by the Supreme Court of Pakistan (1999)
- Edition
- Idara Isha'at-e-Diniyat / Quranic Studies Publishers
- School / basis
- Hanafi
- Added
- 2026-06-03
- Trust
- A position recorded from a named, published source — reported accurately, not independently adjudicated.
Compiler’s note
Documented summary of a real judgment/book; not a verbatim quotation. Full text is publicly mirrored (e.g. albalagh.net, meezanbank.com).
Topics
ribainterestfiqhjudgmentconsensus
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