Money Debt & Usury - Islamic Perspective

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context or is easily converted to such a form. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and sometimes a standard of deferred payment. Any item or verifiable record that fulfils these functions can be considered money.