13 Shawwal 1441

Riba

By Admin
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Apr 10th, 2018
ANSWER: This is not permissible at all as it is riba which is totally prohibited in Islam.   ...
By Admin
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Mar 30th, 2018
ANSWER: You can take halal loan from family or friends or you can live in a rented apartment but must never take interest based loan as this is totally...
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Mar 22nd, 2018
ANSWER: Taking an interest based loan is prohibited....
By Admin
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Mar 8th, 2018
ANSWER: Your father is correct. If it’s a conventional riba(interest) based bank then this is totally prohibited because it’s assisting and...
By Admin
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Feb 28th, 2018
ANSWER: It is totally prohibited to take riba, in fact it’s a major sin. However the money he’s spending on his family is halal for them an...
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Feb 24th, 2018
ANSWER: No, you cannot repay your debt from the interest money. You must not utilize this haram money for your own benefit. This needs to be given to t...
By Admin
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Feb 22nd, 2018
ANSWER: This is not permissible. Any interest money that has been accumulated from a bank account must be given to a poor or needy Muslim in order to c...
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Feb 16th, 2018
ANSWER: This is not permissible, she must give this money to poor or needy Muslims, and not use it for her own benefit....
By Admin
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Feb 7th, 2018
ANSWER: You must investigate thoroughly before investing in any business to check if its a pyramid scheme or a ponzi or not because investing in such ...
By Admin
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Feb 7th, 2018
ANSWER: Yes, this is riba. You should have sold him the gold or somewhere else and cashed the money and then did with the money whatever you want. ...
By Admin
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Jan 7th, 2018
ANSWER: It is halal for you but haram on him as he carries the sin alone....
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Dec 15th, 2017
ANSWER: This is clear riba and it is prohibited. ...
By Admin
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Dec 12th, 2017
ANSWER: If he has signed the contract, he’s sinful. ...
By Iman
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Nov 22nd, 2017
If it’s a conventional bank that deals in riba and if it’s brand name is displayed on the key chain then you shouldn’t use it as it w...
By Iman
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Nov 13th, 2017
If they finance their projects through riba loans, this is prohibited! Some scholars said that if their investment and financing is less than one third...
By Iman
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Nov 13th, 2017
It’s not permissible at all to work in a conventional bank that deals with riba...
By Admin
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Nov 7th, 2017
This is riba! The percentage should be on the profit and not on the sales....
By Admin
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Oct 26th, 2017
If you do not have the option of Islamic bank and this bank doesn’t have a current account without riba, then you may....
By Admin
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Oct 16th, 2017
This interest money is haram money and you must cleanse your wealth by getting rid of it in Muslim charity and not by using it for your own benefit!...