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Questions tagged [banking]

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0 votes
0 answers
13 views

Father's Loan Repayment [closed]

My dad had a loan taken from Doha Bank back in 2014 and bought a house from it, he paid it through installments but unfortunately, he passed away in 2021. and now we have sold our house, according to ...
Mohamed Munaj's user avatar
0 votes
1 answer
26 views

Paying back interest of a loan with interest earned from a bank acciunt

I have took a loan. I am going to pay it back for next ten years. Every month I pay 600 dollars interest in this loan installment. After taking loan, I got 50 thousand dollars from somewhere. I asked ...
SNiaz's user avatar
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0 votes
0 answers
11 views

Should zakath payable for investing money in an islamic bank?

I have invested a specific amount in an Islamic bank. They will share with me a percentage of profit or loss every month. The profit will change every month. I can't access the capital amount. Should ...
Proud Muslim's user avatar
0 votes
1 answer
55 views

IS ILLEGAL WORKING HARAM?

I wanna ask, I currently left a job at bank, (due to it being riba based) and recently I got hired in a Real Estate company, after I joined, I came to learn that my job role i.e. Telecalling for Real ...
Striving Muslim's user avatar
0 votes
1 answer
29 views

Can I work for conventional bank in an organisation

Assalamualaikum, I just want to know about can we work in conventional bank in an organisation where we have to work as fraud risk analyst where customers has file a complaint about fraud has happened ...
Abdul Khader's user avatar
0 votes
0 answers
58 views

Is working in Investment Bank as a Software Engineer haram?

I’m a student and looking for jobs so i was wondering if working in such companies is haram as software engineer. I’m mostly confused by fatwas some say it’s haram, whistl some say it’s halal as we’re ...
M-Khan's user avatar
  • 1
1 vote
1 answer
84 views

Getting riba unwillingly

I have my money in a bank where you can put your money in a savings account or current account. The bank gives interest every 1 January for both accounts, but current account has lower percentage ...
Elor's user avatar
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0 votes
0 answers
20 views

Query regarding Current Account in a conventional bank

Well I know that current account itself is not haram, because there is no interest involved in it. And i know that it is better to use Islamic banks. But my question is that if my company only pays me ...
Raja Uzair Zia's user avatar
0 votes
0 answers
34 views

Change of hands during heirship in Islamic economics

I recently learnt (from sources like ustad Zaid Patel's course in Hindi/Urdu and Sheikh Bilal in English) that if a person's income is haram or includes haram, it becomes halal for the other person ...
Isl's user avatar
  • 23
1 vote
1 answer
79 views

Do the principles of Islamic finance apply to central banking?

Given the current situation in Turkey, I was wondering whether the principles of Islamic finance applied to central banking, as I thought they only applied to the retail banking sector, but President ...
user avatar
-2 votes
1 answer
138 views

Is it haram to work in a bank? [duplicate]

My cousin works in a bank but he works in HR.
Muhammad Taha Siddiqui's user avatar
0 votes
1 answer
149 views

DISOBEYING FATHER FOR NOT DOING HARAM JOB [closed]

Asslamualikum! I was a finance student back 2 years ago. You know that doing job in a bank is haram as it involves Interest so due to this reason my aim was to do a job in a company as they aren't ...
Anonymous's user avatar
2 votes
1 answer
233 views

Bank IT Job if the Salary is not Given by the Bank

As-Salamu Alaykum. I am in a dilemma right now. I know that to be considered a halal income source, two conditions must be satisfied: The work itself is not haram. The salary must be from halal ...
Shahriar Tasnim's user avatar
1 vote
1 answer
670 views

Using PayPal to pay for goods and services

A similar question has been asked here about transferring funds through PayPal but the purpose in this question is different: it is about buying something (or paying for something you are going to get ...
Selim's user avatar
  • 11
2 votes
1 answer
55 views

How do Muslims define Usury or interest (Riba in Arabic) under the modern developed economy?

What is the definition of interest in Islam ? Anything in addition to the principal or price? Is modern economics possible if Riba is forbidden?
Mohamed Ameen's user avatar

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