Tag Archives: riba


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

Posted in Halal & Haram | Tagged , , , | Comments Off on Savings Bond

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 , , , , , , | Comments Off on Prayer Request: بسم الله الرحمان الرحيم

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 , , , , , | Comments Off on Mortgage and Income

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 , , | Comments Off on Registered Education Savings Plans

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 , , , | Comments Off on Job in Investment Banking

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 , , , | Comments Off on Father’s earnings

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

Posted in Halal & Haram | Tagged , , , , , | Comments Off on Conventional mortgage

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

Posted in Halal & Haram | Tagged , , | Comments Off on Trade

Islamic Finance

Is working in an Islamic bank legal (is Islamic banking justified)? … Continue reading

Posted in Halal & Haram | Tagged , , , , , , | Comments Off on Islamic Finance

Questions Mortgage and Income

1. Is it permissable in Islam for one to work for a secular bank (where riba is common) as an accountant? Continue reading

Posted in Halal & Haram | Tagged , , | Comments Off on Questions Mortgage and Income