Riba

QUESTION: Can i give “charity” to a brother who is in debt with multiple riba loan from bank and who is poor. Also how about Zakaath. May i give zakaath aswell to him?

Charity, Loans, Riba, Zakat

04 Sep

ANSWER: It is not permissible to help people with riba based loans as this would encourage them to pay off these debts and apply for more, knowing that people like you will keep on helping them.

QUESTION: Can we give the bank intrest money (which comes when salary is stored in bank) to masjid charity or in the construction of masjid

Halal/Haram Matters, Riba, Rulings on mosques

28 Aug

ANSWER: Yes, this is permissible

QUESTION: Is it permissible to earn a fixed fee for referring people to conventional wealth managers, knowing their money will likely be invested in riba-based products? I would not advise, manage, or receive a percentage. Does knowing the likely outcome make my referral impermissible? Does my role resemble the scribe/witness condemned in the riba hadith?

Halal/Haram Matters, Riba

24 Aug

ANSWER: If he invests in haram then you are sinful for such referrals and your income is haram as well! It is like directing people to where the bar or nightclub is and claiming that you don’t drink or party!

QUESTION: My family is trying to force me to take a student loan in the UK to go to university. They are getting very angry and threatening to kick me out of the house, having aggressive argument with me for hours. They say that some scholars say it’s permissible and call me extreme muslim what to do?

Fiqh of the family, Halal/Haram Matters, Riba

17 Aug

ANSWER: You must not obey them unless you want to reserve your seat in hell as riba is one of the 7 major sins of Islam.

QUESTION: Someone works as financehead and his company keeps on borrowing money from the bank on interest, he doesn’t like it and advised the owners not to indulge. He is the financehead & require sign papers as witness/gurantier. Please advise is his income is halal

Jobs, Riba

04 Aug

ANSWER: The prophet salla Allahu alaihi wa sallam cursed 5 people: The one who give riba (the client) The one who takes riba (the bank) The one who registers is ( the accountant) The 2 witnesses who witness the signing of the contract.

QUESTION: If a bank gives a gift (not intrest becuase the intrest rate is zero) or gives you back the money you gave for a replacement card and say the expenses is on the house and transfer back the money is it halal to use?

Halal/Haram Matters, Riba

27 Jul

ANSWER: This is riba and not permissible to use.

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

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