Ribaa
This is a process of earning money from money lending, or through delaying payment on certain items that needs to have immediate finality.
So if I lend you £10 and I want payment back of £20, that is an example of Ribaa.
This is a process of earning money from money lending, or through delaying payment on certain items that needs to have immediate finality.
So if I lend you £10 and I want payment back of £20, that is an example of Ribaa.