Tag Archives: riba
Can he take a loan with interest?
I want to humbly ask you for some advice concerning a brother’s situation… Continue reading
Working in Banking software making company
Is working in a software company which deals with banking softwares haram ?… Continue reading
Receiving Income from buying and selling stocks
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
Interest received on savings account with bank
Q: In what ways can we use the money received as interest on a savings account with bank. Continue reading
Treasury bills
Q: Please, is it permissible to deal in treasury bills? Continue reading
“Permissibility of conventional mortgage under necessity”
Q: Is it permitted to buy a house using a normal bank mortgage? Continue reading
home mortgage
Q: For those living in the west is there permissibility to purchase a house with a standard mortgage? Continue reading
Hajj Permitted for Mortgagee?
Question: Asalamu alaikom. Bismillah al-rahman al-rahim Can a person go to Hajj if they still have a mortgage on there house. Allahumma salli ala Sayyidina Muhammad Answer: `Alaykum as-Salam, You may go to Hajj as long as the funds used … Continue reading
Fixed-Rate Interest-bearing Bank Account
So, won’t it be better that a man keeps his money without any decrease or increase. He takes bank statements at some intervals calculates the charges deductions and balance, withdraws surplus money (profit) divides it among needy.[fr]A: Fixed-rate or otherwise, interest is haram.[/fr] Continue reading
Investing in Stocks
Q: What are your opinion about the business of shares (stock exchange)…?
A: It is preferable to invest in gold but interest-free bank accounts may be used. Continue reading