All Questions
15
questions
0
votes
0
answers
9
views
Product segregation and pricing
Is it halal for a producer, say a farmer, to segregate his products from the same farm into lower quality and higher quality (e.g. smaller oranges vs. larger oranges) and sell them at different prices?...
- 1
0
votes
0
answers
40
views
Is giving equity in exchange of debt riba?
on shark tank you often see deals where an investor say I'll give you $100k as debt. But i'd like 5% equity in company as well.
equity is taken right away.
debt is paid over time.
from one perspective ...
- 540
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 ...
- 45.7k
2
votes
0
answers
174
views
Is a UK university student loan riba, and if so, is it "necessary" if I have no other means to pay for education or to provide for my family?
I’ve heard student loans deemed as Ribaa. However, for a UK university student loan, the conditions are documented:
How much you repay
You pay back 9% of your income over the minimum amount of:
£17,...
- 21
2
votes
0
answers
71
views
Investing in halal company that is partnered with company planning to add leverage trading (involves interest) in the future
Salam all, I have invested in a cryptocurrency ICO (like an IPO for cryptocurrencies/crowdsale) after researching into it to find any sort of haram connections or actions taking place by the company. ...
- 21
1
vote
0
answers
203
views
Is it halal to pay riba with riba? [duplicate]
Instead of sending unwanted income from riba towards charity, would it be halal to use the earned riba to pay the interest-only portion of a loan such as a mortgage or student loan.
For example, if ...
- 11
3
votes
1
answer
2k
views
Is intraday trading haraam if you convert losses to investments?
The name "intra-day trader" refers to a stock trader who opens and closes a position in a security in the same trading day. ... Day traders and intra-day traders are at the top of the risk spectrum. --...
- 31
10
votes
2
answers
267
views
Is Usufruct (where a loaned item produces something) a form of interest?
There is a concept called "Usufruct" (use fruit) where an item is lent, but it produces something during the period of the loan.
I lease my two horses to Omar for a year while he uses my house. These ...
- 451
2
votes
3
answers
12k
views
If interest is haram, how can a Muslim get a house or a car in modern times?
If interest is haram, how can a Muslim get a house or a car in modern times?
The prices these days are so inflated it is impossible for regular people like myself to afford the so-called basic ...
- 151
6
votes
1
answer
538
views
What happens in a Murabaha mortgage when the seller defaults?
The question Why is Murabaha not considered Riba? discusses the theoretical difference between Murabaha and riba. I would like to know if there is any practical difference. To be concrete, let's talk ...
2
votes
1
answer
10k
views
Is it permissible to work in a financial institution, if you work in a role that does not directly deal with riba?
I am a Muslim undergraduate student in the US who is contemplating career options and thinking about the finance track that a lot of undergrads gravitate towards (positions in investment banking or ...
- 59
4
votes
4
answers
19k
views
Is interest entirely haram or can there be exceptions under neccesity?
A query in similar to a question posted on this site (Is interest-based educational loan allowed? ) (this may seem like a similar question, but from a clear angle).
Allah says: “Those who devour ...
- 2,257
3
votes
1
answer
185
views
Shares in company which manufactures non haraam products
If I become a partial owner of a company via investment, i.e. I buy 100 shares in a company which gives me 1% ownership. If the company sells non haraam products, i.e. metal, but has a loan on which ...
- 2,081
25
votes
4
answers
108k
views
How do Islamic banks make money if interest is prohibited?
I know that Islamic Banking involves the prohibition of interest based loans. But how do Islamic Banks make profit if they charge no interest?
- 1,301
12
votes
1
answer
5k
views
Can a Muslim borrow money from his own 401(k) plan, with interest?
I understand from this, and other related questions, that Muslims are not permitted to charge interest on loans.
This brings up a question for me:
In the U.S. many people have 401(k) retirement plans, ...
- 3,401