Tag Archives: riba


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

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Treasury bills

Q: Please, is it permissible to deal in treasury bills? Continue reading

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“Permissibility of conventional mortgage under necessity”

Q: Is it permitted to buy a house using a normal bank mortgage? Continue reading

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home mortgage

Q: For those living in the west is there permissibility to purchase a house with a standard mortgage? Continue reading

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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

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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

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