Tag Archives: interest


Helping Syed with Interest money

Salaam. As we know that using interest money in our daily lives is not permissible in Islam as it is Haram money. Continue reading

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HELP -not mureed

This mail addressed to Mawlana Sheikh Hisham –hafidahu allah. I am not mureed, but I am zero person that love you all and appreciate very much your heart and efforts each day and moment (all the mashaiekhs and mureeds) –I am not good like the mureeds, I am taking a lot of sins and may Allah forgive me and make me better inshaallah. Continue reading

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Savings Bond

Question: Assalamu alaykum wa rahmatullah wa barakartu A long time ago my grandma took out savings bonds for all the grandkids, she put $1,000 down. Well she recently cashed the savings bond and now its $5,000 my parents want me … Continue reading

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Prayer Request: بسم الله الرحمان الرحيم

I took a loan of money from my Financial institution and I am paying ribaa on that amount.
What can I do so Allah ta’ala forgive me this? Is there anyway to expiate this? Continue reading

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Provident Fund

I am working with a private company in Pakistan. Provident Fund (PF) is deducted every month from my salary. PF is managed by some other company. Here are the details of contribution. Continue reading

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Student Loans and weather should I even pay them

I have two questions: 1) Should I repay these loans even though its has interest? 2) By taking these loans have I committed a sin? Continue reading

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Dilemma

The boy I previously spoke of is doing haraam. He had a job as a baker, but quit because he thought he was going to get fired. His businesses are: 1-Loan money to people and get 30% interest on it. 2- He is now running a tavern (place where you sell alcohol to people)… Continue reading

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Job in Investment Banking

I have been thinking of leaving [Investment Bank] because of interest. even though I don’t deal with interest but I read some scholars say that even working as a janitor at a bank is haraam. Continue reading

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Conventional mortgage

I live in a non-muslim country and my wish is to start my own business. I currently work in the corporate world and been saving for quite some many years to start my own business… Continue reading

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Paying interest

I bought a house last year, and living in a capitilist country, we have an interest based economy. I am there fore repaying a Home bond, but I am also paying interest. Continue reading

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