وَقَالَتِ ٱلْيَهُودُ يَدُ ٱللَّهِ مَغْلُولَةٌ غُلَّتْ أَيْدِيهِمْ وَلُعِنُوا۟ بِمَا قَالُوا۟ بَلْ يَدَاهُ مَبْسُوطَتَانِ يُنفِقُ كَيْفَ يَشَآءُ
"They said, 'God's hand is tied.' Their own hands are tied, and they are cursed for what they said. No; both His hands are open; He gives as He wills."
Per the method (Method) this should be recorded: the verse does not load an attribute onto a community; it transmits an utterance that was made and answers that utterance. The subject of the sentence is qālat — a verb.
The lexicographers record the hand's being tied as an established idiom in Arabic for miserliness — and the same idiom occurs as counsel at al-Isrāʾ 17/29: wa lā tajʿal yadaka maghlūlatan ilā ʿunuqika wa lā tabsuṭhā kulla'l-basṭ. Treated there; I rely on that treatment.
This commentary's stance on ambiguous expressions is settled in Method and is applied here as well: the question of modality is not entered into. The stance of the early generations — "accept as it stands, refer the manner to God" — and the interpretive reading — "a figure for power and generosity" — stand side by side in classical exegesis; no preference is adopted.
But at the level of language this can be recorded: the sentence answers from inside the idiom the objector used — against the tied hand, the open hand. And with yunfiqu kayfa yashāʾ the sense of the idiom is said openly: giving.
The same sentence occurs twice in this sūra — at 5/14 it was said of another community too. And this repetition can be verified from the text.
I record this as an observation: the verse names as the requital not a punishment coming from outside but an internal division.
كُلَّمَآ أَوْقَدُوا۟ نَارًا لِّلْحَرْبِ أَطْفَأَهَا ٱللَّهُ — kulla-mā: every time. A pattern conveying continuity.
And again the qualification: wa la-yazīdanna kathīran minhum — "many of them". It does not say all; the sūra keeps this qualification up insistently (kathīr at 5/62, 5/64, 5/66, 5/71; ummatun muqtaṣida at 5/66).