Qarz Dene ka Islami Tareeqa - Islamic Way of Lending

This lecture addresses the issue of inflation devaluing currency and its impact on loans. It explains that lending money in the current era, with paper currency, is susceptible to loss due to currency devaluation. The speaker proposes a solution: tying loans to a commodity like gold, ensuring the principal amount is preserved. However, simply adjusting quantity or quality of goods for interest is deemed impermissible and constitutes *riba* (interest). Direct exchange of commodities is encouraged instead. The lecture references prophetic traditions (*hadith*) prohibiting indirect forms of *riba*.

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