Question:

Oh Virtuous Shaikh, what has occurred recently in terms of the economic recession, is it indicated by the last Hadith [mentioned]:

مَا أَحَدٌ أَكْثَرَ مِنَ الرِّبَا إِلاَّ كَانَ عَاقِبَةُ أَمْرِهِ إِلَى قِلَّةٍ

There is no one who deals in usury a great deal (to increase his wealth) but he will end up with little (i.e., his wealth will be decreased).

[Saheeh Ibn Majah no. 2279]

Answer:

Yes, yes. No doubt.

[Sharh Ibn Majah no. 164]

Translated by

Faisal Ibn Abdul Qaadir Ibn Hassan