In this post I shall mention some ahadith which also condemn Riba/usury. They are as follows:
Narrated Abu Huraira that Prophet Mohammad (saw) said, ‘Avoid the seven great destructive sins’. The people asked, ‘O Allah’s Apostle, what are they? Prophet Mohammad (saw) replied:
To join others in worship along with Allah,
To practice sorcery,
To kill the life which Allah has forbidden except for a just cause, (according to the Islamic law),
To eat up Riba/usury,
To eat up an orphan’s wealth,
To give back to the enemy and fleeing from the battle field at the time of war
Accusing chaste women
(Sahih Bukhari- vol: 4, book: 5124, hadith#28.)
Malik related to me that Zayd Ibn Asalm said, ‘Usury in the Jahilliya was that a man gave a loan to a man for a set term. When the term was due, he would ask, ‘Will you pay for me or increase it? If the man paid then he would take it. If the man did not pay then the money-lender would increase him in his debt and lengthen the term for him’.
(Malik’s Muwatta-Book # 31, number 31.38.84)
So the best future planning is to invest in our Aakhrah and abstain from getting enticed by the temporary, unjustified gains of this world.
Keep Me In Your Prayers.