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Is interest also prohibited in Judaism or Christianity?

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Question added by Bassem Al-Ahmad , Financial Director , ADR
Date Posted: 2014/03/23

I would like to offer some thoughts on whether interest is forbidden in Judaism or Christianity. It is important to note that different religious traditions may have different attitudes toward interest. In Judaism, there are specific rules regarding lending money at interest to Jews, which is called usury. According to Jewish law, charging interest on loans between Jews is generally discouraged, especially in situations where the borrower is financially vulnerable. However, there are interpretations and exceptions to this prohibition, and different Jewish communities may have different practices and understandings. In Christianity, attitudes towards interest have changed over time and vary from denomination to denomination. Historically, there were periods when charging any kind of interest, called usury, was strictly condemned, it is written about in https://biblesays.ai/ . In modern times, however, many Christian denominations do not adhere to the total prohibition of charging interest. The emphasis has shifted to ethical considerations such as fair lending and avoiding exploitation.

Ilham Mohammed
by Ilham Mohammed , Accountant Receivables , gulf center for foodstuff

Yes As Far As I know it is prohebirted but they are the owner of giant interest companies

Mohammed Al-Saggaf
by Mohammed Al-Saggaf , Credit Officer , Zahid Tractor and Heavy Machinery

Yes

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