The Holy Quran mentions about RIBA in many verses.The Holy Quran forbids Muslims to give or take Interest. The Injunctions of Quran reminds people that interest does not add anyting to wealth but on the contrary decrease it.
Verse 30-39 of The Holy Quran essay [English rendering]
"That which you give in interest, in order that it may increase other peoples wealth, increases not with Allah, but that which you give as Zakat, seeking Allah's pleasure, increases manifold."
The Quran further says:
Verse 2.275 of Quran essay [English rendering]
"Who Allah has permitted trade and forbidden interest".
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