All Questions
Tagged with riba practical-islam
12
questions
0
votes
0
answers
20
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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 ...
6
votes
2
answers
435
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Can I exchange notes to coins but for a lower amount?
There are situations when we are need of coins. At times,some touts like to take advantage of the situation and take a fee to the exchange from us.
For example: For a bill of $10, they return only $9....
- 4,039
3
votes
0
answers
33
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Take interest and give away stuff instead [closed]
If I have 300 USD of interest in cash and a jewellery of 300 USD from halaal money, if I need cash right now, can I give the jewellery to charity instead and take the interest money?
- 31
2
votes
1
answer
104
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Is extra money out of love or fine over a loan regarded as Riba?
I am trying to find the answer for the below two scenarios.
Let's assume someone has given a loan of $10000 for a period of 2 months.
Scenario 1:
The lender and borrower decide that for every extra ...
- 4,039
1
vote
0
answers
110
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Question regarding working for a company where there is a element of interest [duplicate]
I am a Software Developer by profession and I have been avoiding Banking and Insurance sector jobs because of Riba. Also ignoring those companies who are developing softwares specifically for Banking ...
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3
votes
2
answers
553
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What to do to prevent or overcome bank interest (riba)?
I'm working abroad and my bank account is in USD currency. Nonetheless, the bank does not offer interest-free banking for some reason (said that its a system generated for each deposit I receive). ...
- 333
3
votes
3
answers
10k
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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
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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
1
vote
2
answers
1k
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Working as Equity Research Analyst
I have a offer from a research firm in which the job is to give investment advice on a particular stock in the capital market. My duty is to study the company and analyse it thereby coming to ...
- 11
19
votes
7
answers
117k
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Why is Interest such a bad thing according to Islam?
Source of quoted texts: islamqa.com.
"Those who eat Ribaa will not stand (on the Day of Resurrection)
except like the standing of a person beaten by Shaytaan (Satan)
leading him to insanity. ...
- 2,081
13
votes
3
answers
2k
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Is making an "equivalent value" loan in accord with Islam?
In much of the modern world, currency is defined according to a "floating exchange rate." To the best of my knowledge, such an innovation was unknown during the time of the prophet, where the economy ...
- 12.6k
16
votes
5
answers
41k
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How to cope with interest payed by banks?
People have saving accounts in bank to save money in a secure place. And Salary accounts are also a kind of Saving account. Banks usually pay a small amount of interest after particular interval. My ...
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