All Questions
24
questions
1
vote
0
answers
20
views
Inquiring legality of istisna mode of transaction
If I am ordering something for manufacturing based on my unique custom needs, like furniture for example, without providing material by my side, I want to know regarding payment options I have with me....
- 23
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 ...
- 23
2
votes
1
answer
386
views
Can I use interest to earn back money lost from inflation?
I live in a country that suffers from a high rate of inflation. I understand that interest is haram (this is not questioned). But when 100 money is worth 90 money the next year, surely I should be ...
0
votes
1
answer
343
views
Is it haram for me to take these awards?
Assalamualaikum,
Earlier this year i took part at a project in my school. We had to make a video about a certain profession and the video I made also has background music. Now, months later it turns ...
- 101
1
vote
1
answer
1k
views
Is it Haram to take interest in a game? [duplicate]
We know that Riba interest is Haram .
Does this apply to games as well ?
Example : MONOPOLY
Is it haram to take interest from another player ? The money is not real world money and has no real ...
- 319
1
vote
2
answers
186
views
Buying a house with interest?
I thought about it and if I want to buy a house in Germany, there is nearly no way that you buy it without interest. The exception is when you are wealthy. I know that bank interest is haram and I ...
user34340
1
vote
1
answer
91
views
Indexed Linked Investment Certificates - haram or not?
I am aware that Riba (usury) and investing in specific markets (Alcohol, Porn, etc.) is haram. However I was wondering if investing in index-linked certificates are deemed to be halal..?
These ...
- 206
0
votes
1
answer
35
views
Loans based on deposit?
Is it permissible to give an interestless loan in which the loaning party holds a sentimental item of the one taking the loan until the loan is paid?
- 20
0
votes
1
answer
1k
views
Is being a Finance Controller/ CFO haram?
In both of these jobs, the person has to decide how to finance his business operation which sometimes is by taking loan from financial institutions like banks. Also, In multinational companies, the ...
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
3
votes
1
answer
1k
views
Is fiat currency devaluation via inflation a form of interest, making fiat currency based money haram?
Since almost all currencies used today are fiat currencies with no real intrinsic value, and since most fiat currency devalue, is it really interest when any money bearing this interest is itself ...
- 1,087
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
3
votes
0
answers
131
views
Is earning through the foreign exchange market (forex) halal? [duplicate]
Foreign exchange involves trading of different currencies in order to make a profit. Does the additional amount count as interest or is it halal?
- 4,039
3
votes
3
answers
10k
views
Is it ok to buy a vehicle via an equated monthly installment (EMI)?
Is it ok to buy something via an equated monthly installment (EMI)? For example, I am planning to buy a vehicle which is of cost around 50,000(INR).
If I can't afford 50,000 outright, I have other ...
- 136
0
votes
1
answer
419
views
What should I do about a riba-based loan I took out in ignorance?
I just finished my second year of University and I took out a loan with student finance. I didn't know about the subject of the interest (Riba). What do you suggest could be the best thing I can do?
...
- 1