Interest & Sood in Islam Asalam o Alaikum,
I have read the above posted comments.
I have also a confusion about the pure concept of sood in islam with respect
to our current economical and social surroundings. I can explain my question
by discussing a case study:
There is a rich man. He is a father of two children(2 sons). His wife had already passed away(died). After his death his children gets their share accordingly(as per islamic rules). Suppose his both sons get an equal amount of Rs 5 million each. The 1st Person(1st son) utilize that amount by making a house and after that gives it on monthly rent to some tenant, and he gets some amount as rent on monthly basis. He visualizes that he will get his amount of 5 million back in certain time period and after that the rent will become the profit.
At the same time his 2nd son utilize that amount by giving that to a person who is a businessman, and that businessman requires money for his business as working capital so he borrows that 5 million from the 2nd son, and agreed to pay it back in 2 years by paying in monthly installments and they also agreed that the borrower will pay him back a sum of Rs. 5.5 million or 6 million.
The 2nd son also thought that the person whom he had lent an amount will pay him back within a period of 2 years and he will get 0.5 million as profit.
The amount above the actual borrowed amount is
The Both sons of that rich man, thought in different ways and started earning money.
NOW HERES A POINT OF CONFUSION ARISES!!!
The 1st son gets a monthly rent on the house he has made of Rs 5mn nad the 2nd son gets a monthly installment on the 5 mn. Is this amount will be called as sood??
Or it is just a jugglery of words between monthly rent and monthly installment???
Matlab yeh ke aik banda kch raqam se ghar banata hai aur us ko rent(Karaye) pe deta ha aur apni marzi ka rent leta hai ya jo market me chal rah ho. aur us pe monthly rent ke tor pe kch raqam ajati hai. aur doosra banda usi raqam se ghar banay ke bajaye us raqam ko ksi aisay banday ko udhar de deta ha is niyat se k wo yeh raqam wapis karey ga aur phir us se monthly kch amount wapis leta retha ha...to yeh sood hogya...Shariyat is silsilay me kia hukam deti hai?? Islam aik logical mazhab hai.
Please state your answer in very clear words.