Riba | About Islam
Home > Tag: Riba

Tag: Riba

How Can I Best Guide My Husband in His Financial Dealings?

How Can I Best Guide My Husband in His Financial Dealings?

Wa `alaykum as-salamu wa rahmatullahi wa barakatuh. In the Name of Allah, Most Gracious, Most Merciful. All praise and thanks are due to Allah, and peace and blessings be upon His Messenger. In this fatwa: 1- You have to continue advising your husband and trying hard to convince him to avoid impermissible dealings. 2- You …

Need a Car: Can My Wife Contribute to the Loan Payments?

Need a Car: Can My Wife Contribute to the Loan Payments?

In the Name of Allah, Most Gracious, Most Merciful. All praise and thanks are due to Allah, and peace and blessings be upon His Messenger. In this fatwa: Interest-based car loanisnot permissible in Islam, especially in cases like yours where car is not a pressing need or a necessity of life. Responding to your question, …

Can I Go for Hajj with Charity from Interest-based Money?

Can I Go for Hajj with Charity from Interest-based Money?

Wa `alaykumAs-SalamuwaRahmatullahiwaBarakatuh. In the Name of Allah, Most Gracious, Most Merciful. All praise and thanks are due to Allah, and peace and blessings be upon His Messenger. There is no sin on you if you go for Hajj with the money that has been given to you by one who is known to earn interest-based …

Is It Permissible to Have an Account at a Non-Islamic Bank?

Is It Permissible to Have an Account at a Non-Islamic Bank?

Wa `alaykum as-Salamu wa Rahmatullahi wa Barakatuh. In the Name of Allah, Most Gracious, Most Merciful. All praise and thanks are due to Allah, and peace and blessings be upon His Messenger. In this fatwa: 1- You shod search for an Islamic bank in your area. If you found one, you should avoid dealing with …

Exchanging Old Gold for New

Is Exchanging Old Gold for Newer Gold Permissible?

In the Name of Allah, Most Gracious, Most Merciful. All praise and thanks are due to Allah, and peace and blessings be upon His Messenger. In this fatwa: 1- It is not permissible to exchange old gold for new even if the difference in value is paid to the goldsmith. 2- If someone wants to …

Is Commodity Trading via the Internet Permissible? - About Islam

Is Commodity Trading via the Internet Permissible?

Wa `alaykum as-salamu wa rahmatullahi wa barakatuh. In the Name of Allah, Most Gracious, Most Merciful. All praise and thanks are due to Allah, and peace and blessings be upon His Messenger. In this fatwa: Future commodity trading is not allowed in Islam, whereas spot commodity trading is permissible either delivering in on the spot …

Donating Interest Money

Can Charity Be Given From Earned Interest on My Bank Account?

In the Name of Allah, Most Gracious, Most Merciful. All praise and thanks are due to Allah, and peace and blessings be upon His Messenger. In this fatwa: 1- Interest is forbidden in Islam. Scholars have given many fatwas that interest money paid by banks should be withdrawn and given to some charitable purposes.One should …

This is Why Interest is a Serous Problem in Islam

This is Why Interest is a Serious Problem in Islam

If you want money from a rich person, you need to make him an investor, you need to make him convinced that you are worthy of an investment and he shares the profit and the loss. In Islam, guaranteed profit is a big problem, because no body knows…



find out more!