Riba

I would like to purchase a bus for the purpose of using it for business. Is it allowed to approach a leasing finance company to purchase on my behalf and I pay them an agreed monthly payment for an agreed period of time?

Riba

01 Mar

If the company buys it on your behalf and puts its interest on it, this is not permissible.

My husband is going to rent an apartment however in the lease there is usually a riba clause. This is a standard lease in the city. The clause usually states that riba would be charged if payment is delayed beyond a certain date every month. ..

Riba

01 Mar

…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 is used by almost every person who is renting out an apartment. …………………………………………………………………. This is not permissible to sign it as it is acknowledging the validity of […]

Is it permissible to study Chartered Accountancy (CA) and become a professional accountant? Not to mention, the job of a CA is basically to audit the accounts of different organizations.

Riba

01 Mar

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. The transaction will not be recorded by me. I will be checking whether the transactions have been recorded perfectly or not. Will it be halal? …………………………………………………………………………………… You may […]

There are two banks in our country both are interest based. Bank (A) has a policy to give riba for saving or current account in which interest is a must, and we dont know in which way they invest our money. …

Riba

01 Mar

…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 B? ………………………………………………………………………………………. Bank B.

I have NRI bank account in India which give interest, and i have not been using it as interest is haram. What should i do with the interest. Should i leave it to the bank or can it be used for paying of the medication costs for my grand mother’s operation

Riba

11 Feb

Yes, you can but this is not a charity , but rather cleansing your money from such forbidden income

I would like to know the ruling on living with a family member who deals in riba . is there any punishment on those living with such a person.

Riba

11 Feb

You are not affected by this.

If someone’s mahrams aren’t having enough money to sponsor her education, and she also doesn’t has a job due to her niqab, and she isn’t getting financial aid so can that lady take student loan that is based on interest?????

Riba

11 Feb

No.This is not permissible.

I would like to purchase a bus for the purpose of using it for business. Is it allowed to approach a leasing finance company to purchase on my behalf and I pay them an agreed monthly payment for an agreed period of time?

My husband is going to rent an apartment however in the lease there is usually a riba clause. This is a standard lease in the city. The clause usually states that riba would be charged if payment is delayed beyond a certain date every month. ..

Is it permissible to study Chartered Accountancy (CA) and become a professional accountant? Not to mention, the job of a CA is basically to audit the accounts of different organizations.

There are two banks in our country both are interest based. Bank (A) has a policy to give riba for saving or current account in which interest is a must, and we dont know in which way they invest our money. …

I have NRI bank account in India which give interest, and i have not been using it as interest is haram. What should i do with the interest. Should i leave it to the bank or can it be used for paying of the medication costs for my grand mother’s operation

I would like to know the ruling on living with a family member who deals in riba . is there any punishment on those living with such a person.

If someone’s mahrams aren’t having enough money to sponsor her education, and she also doesn’t has a job due to her niqab, and she isn’t getting financial aid so can that lady take student loan that is based on interest?????

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