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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
  • 1
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
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
  • 11
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
-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
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
0 votes
0 answers
82 views

Difference between commerce and Riba in Islam, Does commerce entails risk?

What's the difference between commerce and RIBA in Islam? Let's take the example of looking for a loan to buy a house. Traditional banks are using Riba because they lend you money, you buy your ...
user avatar
1 vote
0 answers
220 views

Is working in bank IT department is haram?

I've been working in a bank for almost 1 year. I'm work involved in development & maintenance of remitting software and various bill collection utility (Electricity, Gas, Water etc) software. My ...
Abdullah Al Mamun's user avatar
1 vote
1 answer
114 views

If there is no way at present for me instead of depending on bank interest , what should I do?

Assalamu Alaikum. I'm a student who's father died 5 years ago. When he was alive he saved his part of income in bank accounts. Now I live with my mother and I'm the only child of my parent. As far as ...
Noushad's user avatar
  • 13
1 vote
1 answer
307 views

Where are free from riba countries?

In the name of Allah, I live in a country where all the banks are likely under a central bank that charges interest. So in order to get out of this system, I want to migrate to another country that ...
Rafid's user avatar
  • 299
1 vote
0 answers
98 views

How to avoid Central Banking System in a country?

I live in Indonesia where all banks is likely under a central bank. As we know that the central bank still applies interest rate, so all the 'sharia labelled' banks in Indonesia is still affected by ...
Rafid's user avatar
  • 299
2 votes
0 answers
97 views

Does one have a profit in an Islamic banking system?

Usually when you open an account in a bank they try to attract you with interest. My question is how so called Islamic banks can -likewise- offer their customers, especially as riba (and interest is ...
Medi1Saif's user avatar
  • 45.7k
1 vote
1 answer
1k views

Is buying a car on installments from a commercial Islamic bank haram?

I want to buy a car from Suzuki through a so-called Islamic bank on installments. However, the car price is 11 lakh but I have to pay approx 14 lakh in 5 year installments. Is this interest or ...
sohaib naeem's user avatar

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