{"id":333,"date":"2025-05-11T07:21:37","date_gmt":"2025-05-11T07:21:37","guid":{"rendered":"https:\/\/natais.org.ng\/journal\/?post_type=article&#038;p=333"},"modified":"2025-05-11T07:21:38","modified_gmt":"2025-05-11T07:21:38","slug":"economic-recession-and-usury-riba-in-the-quran-lessons-for-fiscal-policy-makers-in-nigeria","status":"publish","type":"article","link":"https:\/\/natais.org.ng\/journal\/article\/economic-recession-and-usury-riba-in-the-quran-lessons-for-fiscal-policy-makers-in-nigeria\/","title":{"rendered":"Economic Recession And Usury ( Rib\u0101) In The Qur\u2019an: Lessons For Fiscal Policy Makers In Nigeria"},"content":{"rendered":"\n<h6 class=\"wp-block-heading\">Abstract:<\/h6>\n\n\n\n<p class=\"wp-block-paragraph\">This paper deals with the problems of economic recession and how usury (riba) has been a contributing factor to the problems of recession worldwide. The objectives of the work, among others, are to reaffirm that recession is both natural and self-caused as well as to discuss how recession is mitigated. With specific reference to an applicable portion of S\u016brat Yusuf, the paper combines both descriptive and historical methods using a hermeneutic approach to extract relevant lessons for fiscal policy making in Nigeria. It recommends a shift of focus to the agricultural sector to enhance food sufficiency, as well as the adoption of interest-free options in our economic lives, among other recommendations.<\/p>\n\n\n\n<div class=\"wp-block-pdf-viewer-block-standard\" style=\"text-align:left\"><div class=\"uploaded-pdf\"><a href=\"https:\/\/natais.org.ng\/journal\/wp-content\/uploads\/2025\/05\/Article3.pdf\" data-width=\"\" data-height=\"\"><\/a><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>This paper deals with the problems of economic recession and how usury (riba) has been a contributing factor to the problems of recession worldwide.<\/p>\n","protected":false},"author":1,"featured_media":258,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"_acf_changed":false,"_siteseo_robots_primary_cat":"","pagelayer_contact_templates":[],"_pagelayer_content":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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