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Latest Questions
Tag Archives: riba
Selling car through Bank
I am doing a business by Buying cars through cash and 9 out of 10 times selling through commercial Bank finance Continue reading
Posted in Halal & Haram
Tagged bank loan, financing, loan, riba
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Working for a bank
let me know if this job is haram, even though i do not deal with riba Continue reading
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
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
Posted in Prayer Request
Tagged ask forgiveness, expiation, haram, interest, repent, riba, sin
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Mortgage and Income
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
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Registered Education Savings Plans
Is it permitted in Islam to have a “Registered Education Savings Plans”? Is it a “riba”? Continue reading
Posted in Family Issues
Tagged registered education savings, riba, savings
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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
Posted in Halal & Haram
Tagged bank, interest, Islamic banking system, riba
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Father’s earnings
My father has worked for a bank more than 35 years of his life and automatically he gets his income from the bank…. Continue reading
Posted in Halal & Haram
Tagged bank employee, earnings, haram income, riba
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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
Trade
May i ask whether if i am to do trading, Example currency trading, Example, I trade with $100, Then build up my income by maximising profits and thus money grows… Continue reading