16 Dhul-Hijjah 1441

Riba

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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 ...
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Mar 1st, 2014
Is auditing halal? As being a CA i have to go through checking the accounts of some organizations who may have done some transactions based on interest...
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Mar 1st, 2014
…Bank (B) is 0% interest for saving and current account and they invest our money in agriculture. Which is best in islamic prospective, bank A or...
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Feb 11th, 2014
Yes, you can but this is not a charity , but rather cleansing your money from such forbidden income...
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Feb 11th, 2014
No.This is not permissible....