Tag Archives: interest-based bank

Mortgage and Income

Posted on July 9, 2014 by Shaykh Gibril Fouad Haddad

1. Is it permissable in Islam for one to work for a secular bank (where riba is common) as an accountant.
2. If one has a riba based mortgage, what should one do, change to a Islamic Mortgage even if they are not totally 100 shariah compliant? Or sell the house and live on rental property until one has cash to buy? Continue reading →

Posted in Halal & Haram | Tagged accountant, haram, interest-based bank, mortgage, permissibility, riba | Comments Off

Is Riba Making us Fools?

Posted on May 8, 2012 by Shaykh Senad Agic

This is [private] from Pakistan. I have this question of high importance, i want its answer direct from MSN if possible… Continue reading →

Posted in Halal & Haram | Tagged banking, interest-based bank, Islamic banking system, riba, usury | Comments Off

Legality of Investment in Western Banks

Posted on April 8, 2012 by Shaykh Senad Agic

Please clarify if one can invest in western banks such as Santander, Barclays etc?[fr]Please clarify if one can invest in western banks such as Santander, Barclays etc?[/fr] Continue reading →

Posted in Halal & Haram | Tagged interest-based bank, investment, riba, riba-based transactions, usury | Comments Off

Mortgage

Posted on January 3, 2012 by Shaykh Senad Agic

My question is related to buying house in Canada through where we put five to ten percent down payment and rest of the amount is being mortgage from the bank… Continue reading →

Posted in Halal & Haram | Tagged interest-based bank | Comments Off

Receiving Income from buying and selling stocks

Posted on March 2, 2011 by Shaykh Senad Agic

I recently opened an online trading account on TD Ameritrade to buy and sell stocks in the New York Stock Exchange and NASDAQ… Continue reading →

Posted in Halal & Haram | Tagged bank, halal, haram, interest, interest-based bank, NASDAQ, New York Stock Exchange, profit, riba, shares, stock price, stocks, trading account, usury | Comments Off