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With LendUp installment loans, you have access to larger loans and more time to pay them back. This paper re-examines the doctrine of Riba and attempts to reconcile it with the contemporary world. The analysis postulates that conventional banking and finance practised in formal markets is not against Islamic principles so long as it operates on the basis of justice and does not treat the poor and the needy in an opportunistic manner. The doctrines of Riba and Infaq (charity) are inextricably linked and must therefore be considered together. The latter emphasizes helping the poor and the former prevents extracting rent from their need. Interest-based lending was merely an instance in the medieval era, and the exploitation of the poor can occur in different forms within different landscapes.

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