rockcreek church road

the deal basically fell through.
the intended buyer of rcc said his lender couldn’t find any money.
this setback made the burdens of riba and debt even clearer.

What is Riba?

The Arabic word Riba refers to an amount that is charged on the principal used.
Riba is made up of three elements. The first is excess or surplus over and above the capital of the loan. The second is the determination of this excess rate in relation to time. The third is that a transaction is conditional on the payment of a predetermined surplus.

These three elements jointly make up Riba and any deal or bargain or credit transaction in money or in kind which has these elements is considered a transaction of Riba.

Some examples of items that people usually buy on interest are houses and cars.
(source: http://www.soundvision.com/Info/life/credit.asp)

Treat interest like what it is: a disgusting disease that enslaves people and makes them miserable. Be conscious of it and avoid it at all costs, no matter how little. Encourage others to do the same.
(source: http://www.soundvision.com/Info/life/18.asp)

“Allah will deprive usury of all blessing, but will give increase for deeds of charity” (Quran 2: 276).
More: The Quran and the Prophet About Money Matters

we’ve made our intentions to move away from it, inshAllah.