Questions tagged [riba]
Riba means Interest. Riba is Haram (forbidden) in Islam, and it is considered a major sin.
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Is it Haram to play a game with interest?
So I play this game Hypixel Skyblock on Minecraft, and it has a bank that lets you gain interest. So would that make it haram for me to play it and if so, would it still be Haram if I stopped using ...
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Loyalty Program: Halal or Haram?
Salam!
Today, I came across a question on ask.ghamdi.org forum. I'm curious to know the answer. The question is:
The city in which I’m currently living in has loyalty program where if I buy a member ...
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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 ...
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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 ...
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Riba and loan interest
Could someone explain the reason for usury being forbidden in Islam?
Some background: I have some money, which I could take advantage of right now. Giving up this money, in the form of a loan would ...
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Considering VAT being used by the government to pay interest-based loans, is buying things in shops haram?
Each country (except a few, probably) takes loans from central banks, and then uses this money for various purposes. To pay back that money, they take taxes and VAT that people pay, and pay their ...
user49940
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Paying tuition fees through riba based bank
Is it permissible to pay my tuition fees through a riba-based bank? My school has only one option to pay tuition fees. I only go to the bank and pay the fees to the cashier and they sign my fees card, ...
user49626
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Are Islamic Car Financing Halal?
Assalamu'aalaykum,
I'm looking to buy a car and stumbled across some Islamic financing websites.
This is from one of the websites:
"...promises to sell the commodities and the customer promises ...
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What are the underpinnings of the prohibition against interest, in sharia and fiqh?
I am already familiar with Quranic references against riba (such as Quran 2:275-280) and a number of ahadith, but the issue for me is the meaning which the prophet attached to riba. In his hadith, ...
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Am I exempted if I take this student loan involving riba? [closed]
I've been working really hard in high school to get accepted to a good major in university. I'm going to start studying this summer. I need an apartment and food to live and I have no income what's so ...
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As a beginner in trading, I would like to know types of online trading to avoid [closed]
Which types of online trades are haram? I would like to know under which basis trading for stocks, and similar types of trading are haram.
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Is it haram to work in a bank? [duplicate]
My cousin works in a bank but he works in HR.
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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 ...
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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 ...
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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 ...
