Questions tagged [riba]
Riba means Interest. Riba is Haram (forbidden) in Islam, and it is considered a major sin.
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Is interest-based educational loan allowed?
Students from economically backward communities who opt for higher studies generally depend on educational loans, which are offered with interest, either by banks, developmental organisations, or by ...
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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, ...
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What is the Sharia ruling on working in a bank?
Nowadays, lot of students look for getting a job in banks. What is the Islamic view if a person gets a job in bank?
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Is real estate business allowed in Islam?
Is real estate business allowed in Islam? I live in the US and most buyers within the US buy a property with a mortgage loan, and I know anything to do with interest is not allowed. The only reason ...
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Is this lease-like financial transaction allowed in Islam?
Let's imagine this as follows:
A is in need of $10,000 cash urgently and finds no lender. He owns a house, which he had rented out to someone for $500 a month. A, driven by the need of cash wants ...
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what should be done with bank account interests to avoid riba? [duplicate]
Possible Duplicate:
How to cope with interest payed by banks?
If you have an account in a bank that automatically puts an interest rate on it ,
how can someone in this case avoid being in Riba ?
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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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How to buy and sell rare currencies without approaching riba?
Among collectors, there are people who collect coins and banknotes which are considered rare or unusual. Often these would be older currencies which are no longer produced (although they may still be ...
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