The Islamic doctrine of riba prohibition: A modular hermeneutical examination (M.A. Dissertation)

While theological, juridical, and philosophical interpretations have been clear in their prohibition of riba, there has been no conclusive consensus on the issue, in part because Riba is expressly prohibited in the Qur'an. Avoidance of riba is among the highest objectives of Islamic finance. Riba encompasses various types of illicit gain, of which banking interest is one example. " riba is not explicitly defined. There is an internal hermeneutical imbalance within the definition, uses, and a consequence of Riba is expressly prohibited in the Qur'an. Avoidance of riba is among the highest objectives of Islamic finance. Riba encompasses various types of illicit gain, of which banking interest is one example. " riba when analyzed through a contextual esoteric approach. In order for more focused paradigms such as juridical and economic based models to converge with the broad models of the Qur'an and Sunnah, an esoteric comprehensive definition of Riba is expressly prohibited in the Qur'an.