International Islamic University Malaysia (IIUM) Journal of Islam in Asia, Vol. 15, No. 1 June 2018 E-ISSN: 2289-8077 Legal Maxim: “Every Loan That Brings Benefit Is Usury,” Its Relat- ed Issues and Implementation In Pre-Islamic And Malaysian Financial Transactions Kaedah Fiqhiyyah: “Setiap Pinjaman Beserta Faedah Itu Riba,” Isu- Isu Berkaitan dan Perlaksanaannya Sejak Zaman Pra Islam dan Transaksi Pembiyaan di Malaysia Muhammad Amanullah  Abstract An important Islamic legal maxim is “Every loan that brings benefit is usury”. A normal ruling of the Sharῑ‘ah is that if anyone receives a loan from a person or a bank, he is supposed to return its exact amount to the moneylender. Any increase to it is considered usury (ribᾱ’) and therefore forbidden. However, jurists dispute over the fol- lowing issue: “If this increase is not stipulated at the time of giving the loan, and the borrower gives it at the time of paying the loan back to the lender.” 1 Some jurists main- tain that this is lawful, while others consider it as forbidden. Using descriptive and ana- lytical methods, this paper discusses this legal maxim, its proofs, and the disputes of jurists on its related issues, while placing emphasis on the stronger opinion. It then strives to discuss its implementation in some pre-Islamic and Malaysian financial trans- actions. Keywords: Legal maxim, loan, ribᾱ’, lawful, implementation, financial transactions. Abstrak Satu kaedah fiqhiyyah yang penting ialah "Setiap pinjaman yang menghasilkan manfaat adalah riba". Kaedah sebenar dalam Shar ῑ'ah ialah jika sesiapa menerima pin- jaman daripada seseorang atau bank, dia sepatutnya mengembalikan jumlah yang sama kepada pemberi pinjaman itu. Setiap lebihan yang dikenakan atas jumlah pinjaman di- anggap riba (ribᾱ ') dan hukumnya adalah haram. Walau bagaimanapun, para fuqaha  Professor, Department of Fiqh and Usul al-Fiqh ,KIRKHS, IIUM. 1 Ahmad Hasan, “Al-Qarḍ alladhῑ Jarra Manfa‘atan,” in Majallat Jᾱmi‘at Dimashqlil- ‘Ulūm al-Iqtiṣᾱdiyyah wa al-Qᾱnuniyyah, (23:2, 2007), pp. 431-438.