Riba

QUESTION: Can interest money be given to poor and needy in the form of food and other needed items?

Riba

17 Jul

ANSWER: No problem if there’s a need. However, its best to dispose of this haram amount in cash

QUESTION: If someone took an interest based loan in the past and is still repaying it, but the borrowed money has already been invested in different businesses and is no longer available as cash, what should they do if they sincerely repent?

Loans, Riba

07 Jul

ANSWER: They must pay off the riba loan asap and repent to Allah while showing sincere remorse.

QUESTION: Will umrah be accepted if instead of selling gold, i keep my gold in pawn broker shop and go to umrah using that money. This involves interest

Hajj and Umrah, Riba

06 Jul

ANSWER: This is one of the major sins in Islam and whoever does it is cursed by Allah. It is like a prostitute working the nights claiming she wants to feed the orphans as a good deed!

QUESTION: In my country , there is a government scheme where if I deposit money on monthly basis after few years they will give more amount than I deposited . Can I use this scheme

Halal/Haram Matters, Riba

02 Jul

ANSWER: This is totally prohibited as the extra they will give is riba (Interest money) which is one of the major sins in Islam and Allah has waged a war against people who deal with riba

QUESTION: I heard a Mufti saying that the father’s Haram income isn’t Halal for his adult (bhalig) son because he isn’t responsible for feeding his adult son .So if the adult son who is about 16-17 years old is currently studying,what should he do?

Fiqh of the family, Halal/Haram Matters, Riba

17 Jun

ANSWER: What this mufti has said is not true! Haram income is only haram for the person earning it & not for anyone else, unless if its stolen money.

QUESTION: I am close to close to finishing higher education studies in the UK meaning I cam then go onto doing university. I know that student loans are haram due to riba. I want to fund my tuition by doing apprenticeships or do full-time jobs for 1 to 2 years. However, it is highly competitive to find apprenticeships or jobs and I feel like I may be tempted to take the loan. Any advice?

Halal/Haram Matters, Riba

14 Jun

ANSWER: This is up to you! If you take an interest based loan, you are cursed by Allah and Allah will wage war against you. If you have no problem in ending up in hell, be my guest!

QUESTION: I received ₹327 bank interest and gave away ₹350, so ₹23 extra was already given. Later, another ₹327 interest came. Can that previous extra ₹23 count toward the new interest amount, or must each month’s interest be given separately? Also, can I give the amount from halal cash in hand instead of the same bank account?

Riba

23 May

ANSWER: No, you cannot count the previous extra amount given without intending it. No problem in giving the amount either from cash or from the same bank. What matters is to get rid of that much amount of interest money.

QUESTION: In times when I wasn’t aware and due to lack of knowledge I borrowed UK student finance when I was teenager. However, they charge really high interest. Can I take other low interest based loan to pay that off and then pay that off quickly with less interest? If I cant find Islamic loan.

Halal/Haram Matters, Riba

19 May

ANSWER: No, this is not permissible!

QUESTION: There are few stray cats around my hostel, can we feed them cat food using bank interest money?

Character and Morals, Riba

12 May

ANSWER: No! Give it to poor and needy Muslims, they are more in need!

QUESTION: When 10 Dad collected money under bank scheme where I would receive x amount when 18. Now I’m 18 do I keep the increased sum

Halal/Haram Matters, Riba

09 May

ANSWER: No, you must dispose of the interest money to poor and needy Muslims and keep the capital amount

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