Banking and Accounts
111 questions
Is it permissible, from a Sharia perspective, to rent safe deposit boxes (vaults) in Riba-based banks to store money and gold for 20 Jordanian Dinars annually?
Is it permissible for a telecommunications services company in a country where there are no non-usurious banks to offer a direct selling service via mobile phone that requires electronic linking and coordination with usurious banks, and to place the company's equipment inside the banks' premises to complete the transfer of funds from the buyer's account to the company's or seller's account, knowing that these banks do not offer usurious interest on current accounts? And what needs to be modified for this service to be permissible according to Sharia?
What is the ruling on depositing money in an Islamic bank that deals with Mudarabah without specifying the profit, noting that the bank has not recorded any losses?
Is working as an accountant in a training center that deals with the banking sector considered to be a mixed (halal and haram) profession, and what is the ruling on reconciling bank accounts that contain usurious interest given the absence of a purely Islamic banking alternative?
Is using bank affiliate links for promotion and attracting subscribers to earn commissions from their money movements in surfing companies permissible or prohibited, especially given that there is no direct investment?
What is the ruling on purchasing a house from Al-Rajhi Banking & Investment Corporation, where an agreement is made with them to buy the house in cash, and then to purchase it from them in installments, with an upfront payment of 1200 Saudi Riyals as a fee for inspecting and appraising the house, which is non-refundable if the sale is not completed?
What is the ruling on current accounts in interest-based banks from which no interest is taken, and on guarantees issued by banks for a fee and the reservation of a portion of the balance, and what is a beneficial book on Islamic financial transactions?
Is it permissible to deposit money in a current account of an interest-based bank?
How do Islamic banks operate?
What is the ruling on Tawarruq at Arab Bank, and do its transactions involve any doubt?
Are banking transactions permissible or forbidden?
Is it permissible to issue and use a prepaid credit card from an Islamic bank if it allows purchases of small uncharged amounts to be deducted later, adds an additional margin to the exchange rate for international transactions, and imposes fees for cash withdrawals from ATMs?
What is the ruling on taking a blessed financing loan from Arab Bank, knowing that the bank engages in usurious transactions?
What is the ruling on borrowing money from the National Bank through selling a commodity—such as iron—to me, then selling it back to me again with a 10% increase, provided that the amount is repaid in monthly installments over a period of not less than 5 years?
What is the ruling on paying for Umrah expenses using a credit card with the intention of repaying it in monthly installments?
What is the ruling on benefiting from a bank offer that returns a portion of the amount paid by a credit card, making the amount repaid less than the amount spent?
Is it permissible to transfer money between countries via banks for a commission or a fixed percentage (sometimes reaching 20%) deducted from the transferred amount, knowing that this percentage is imposed by the bank and is not an agreement between the two parties, and does this fall under usury (riba)?
What is the ruling on Islamic Certificates of Deposit with a return at the end of three years or at the end of each month, issued by the International Islamic Bank for Investment and Development in Cairo?
Is it permissible to make purchases using an Islamic bank card that reserves the money and only debits it after one day, knowing that the purchases are made from companies that have accounts in interest-based banks?
Is the bank's deduction of fees for transferring money between accounts considered usury (riba) or a charge for the service?
What is the Islamic legal ruling regarding personal loans offered by the Saudi American Bank (Tawarruq al-Khair)?
Is it possible to deposit money in the post office to pay government fees, such as social insurance, while avoiding benefiting from interest?
What is the ruling on investing a sum of money in a bank that charges an annual operating fee of 6% of the total amount, knowing that the bank provides varying and inconsistent profits every three months?
What is the ruling on using a credit card where the amount is paid back within a certain period for a transaction fee of less than 1%, and is the profit gained from investing an amount withdrawn from it considered unlawful if dealing with it is unlawful, and is it permissible to deposit money into the card while keeping the withdrawn amount invested?