In Islam, paying or receiving interest (riba) is strictly prohibited as it is considered to be an exploitative practice that goes against the principles of justice and fairness. In fact, it is considered to be one of the major sins in Islam.
The punishment for paying or receiving interest in Islam is severe. According to Islamic law, the person who pays or receives interest is regarded as a sinner and can face punishment in the afterlife. In addition, if a person knowingly pays interest, they are considered to be committing a major sin. The Quran says: "And those who eat up interest will stand on Judgment Day like the one whom Satan has driven to madness by his touch. That is because they say: Trade is just like interest; whereas Allah has permitted trade and forbidden interest." (2:275)
In some countries where sharia law is implemented, there may be legal punishments for paying or receiving interest. These can include fines, imprisonment, or public flogging. However, in most cases, the punishment for paying interest is left to Allah and is considered to be a matter between the individual and their conscience.
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