Rattibha

Prophecy from prophet Mohammed ﷺ -
A world steeped in interest thread 🧵 :
Muhammad ﷺ foretold that interest would one day become so dominant that even those who try to avoid it will not be able to avoid being impacted by it:⬇️

The Messenger of God ﷺ said, “A time will come upon mankind when they will consume interest.” They said to him, “Is that all of the people?” The Prophet said, “Whoever does not take from it will be afflicted by its dust.” [1]

This clearly describes the state of the world economy today. As Muhammad ﷺ foretold , in the modern world it is virtually impossible to avoid dealing with, or at the very least being impacted by, interest.

Just think about how many people have interest-bearing bank accounts, buy things using credit cards, and are only able to afford to purchase a home through.

We are living in a time that can only be considered monetary chaos, as our entire monetary system, as it now stands, is based on nothing but debt.

Every physical coin and paper note has to be borrowed into existence. With the old system of gold and silver there is a natural order to money, as its value increases and decreases in accordance with the supply and demand of the precious metals.

Under the current system, banks can produce as much paper money as they like, and so the supply of this form of money is entirely elastic, it is entirely flexible.

In summary, modern finance is a debt and interest based system that is unique in history.

The use of paper money with no intrinsic value, along with the massive debt and interest that it has resulted in, is a phenomenon of modern finance and not something that could have been easily guessed by prophet Muhammad ﷺ over 1,400 years ago.

Now this is not to say that the concept of interest did not exist at all in seventh century Arabia, we know that it did because the Qur’an strictly prohibits believers from practising it: “…they say, ‘Trade is [just] like interest.’

But God has permitted trade and has forbidden interest. So whoever has received an admonition from his Lord and desists may have what is past, and his affair rests with God. But whoever returns to [dealing in interest] - those are the companions of the Fire...” [2:275].

So Muhammad’s ﷺ prophecy that it would come to dominate the world was in no way a forgone conclusion.

In fact, it must have seemed strange to his companions, since Muhammad had also foretold that Islam, which strictly forbids interest, would dominate over all religions and reach as far as the East and West.

The fact that this prophecy was preserved by his companions رضي الله عنهم shows the complete faith and trust that they had in what he said, and that it would come to pass, however unlikely it may have seemed to them.

References:
[1] Musnad Ahmad, Hadith #10191.
abuaminaelias.com
[2] Scott Gustafson, Altar of Wall Street: The Rituals, Myths, Theolo-gies, Sacraments, and Mission of the Religion Known as the Modern Global Economy, p. 136.
Prophecies [Free pdf]
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