19 Safar 1441

Riba

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Mar 2nd, 2014
You should only give the poor. If she is classified as poor, give her....
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Mar 2nd, 2014
There is no problem in that as you are obliged to pay it like everyone else....
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Mar 2nd, 2014
I don’t have enough knowledge about their dealings but I know they don’t lend people money. They sell them products in installments. Therefore, if ...
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Mar 2nd, 2014
This isn’t correct. The Bai’ah is binding only to the Ameer who is the one that the whole country gives him their allegiance....
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Mar 2nd, 2014
If your father is working in a interest based bank, his income is haram and also all the benefits he is getting from that bank. As for exchanging his m...
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Mar 1st, 2014
This brother’s advice is not correct. The Prophet salla Allahu alaihi wa sallam cursed those who deal in riba, the two witnesses and the book keeper....
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Mar 1st, 2014
Al rajhi, Al Bilad, Al Inma and Al jazeerah are Islamic banks....
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Mar 1st, 2014
I am not putting it into a savings account and earning any interest on my money. I am simply keeping it in a checking account without earning any inter...
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Mar 1st, 2014
As long as this is the rules of the country and you would be prosecuted if you don’t pay, you can pay it....
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Mar 1st, 2014
It is permissible to keep the money in the bank as it is not safe in the house. However, one should open a current account that doesn’t give interest...
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Mar 1st, 2014
This is permissible but he has to give 20% what he finds to the poor if he is in a non Muslim country....
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Mar 1st, 2014
You should deposit it in an Islamic bank or in an account that doesn’t give interest. If there isn’t such a thing, you may take this interest and g...
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Mar 1st, 2014
This is halal as long as the transaction is done simultaneously. This is done by giving and taking in the same meeting and physically exchanging the mo...
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Mar 1st, 2014
This is an issue of dispute among scholars. The majority of scholars say that it is only to be taken from the Jews and Christians. Some scholars say th...
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Mar 1st, 2014
Tadawul is buying and selling stocks and this depends on the activity of the companies, their financing and the money bought with it. As for loans from...
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Mar 1st, 2014
Share | I found that taking a loan by tawarruq has been permitted by respectful scholars in this field of finance. But I read on your website that the ...
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Mar 1st, 2014
Riba is a number of things. among them, taking a loan and paying interest over it....
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Mar 1st, 2014
A few months ago there appeared a company called “Business” which does a kind of marketing. Its idea may be summed up as follows: a person buys the...
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Mar 1st, 2014
If the company buys it on your behalf and puts its interest on it, this is not permissible....
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Mar 1st, 2014
…Alhumdulillah my husband pays the rent on time but can we sign this lease? Is it sinful to do so? Please note its the standard lease paper that ...