Interest and Riba
4,478 questions
What is the ruling on applying for a Pioneer MasterCard and receiving a gift of $25 in exchange for loading it with $100, and is this gift considered usury (riba)? And what is the ruling on registering on profit-making websites that require inviting friends to earn money or points?
Is it permissible to finance a partner from Abu Dhabi for computer parts deals at a rate of 4% of the merchandise value, due 45 days after its arrival in Yemen, and what is its legal ruling in Islamic law?
Is it permissible to buy a car in installments with an increase in price that is directly proportional to the installment period?
Is it permissible to take out a loan from a bank to help family members in their home country who are facing difficult living conditions, to enable them to start a small business, given that their private income is not sufficient to cover their basic needs?
What is the ruling on the 1% instant settlement fee charged by a financing company on merchants' dues—is it permissible, considering it an administrative fee, or forbidden, as it is usurious interest?
What are the reasons for prohibiting borrowing from commercial banks and for analyzing the same transaction with Islamic banks, given the similarity in their objectives and mechanisms? Does borrowing from an Islamic bank negate the causes for prohibition?
What is the difference between a real estate loan and a commercial loan, and is dealing with them permissible or forbidden?
Is the prize money won in an insurance company lottery considered halal, given that the original amount paid for the insurance was halal, and the intention was to donate the profits generated from the insurance?
What is the ruling on money acquired from usury after its owner repents, and what is the method for purifying this money, and is it permissible to work for the father who possesses this money?
What is the ruling on purchasing shares in a school construction project where profits are determined as a percentage of the share value, increasing over time?
Is it permissible to deposit money in a non-Islamic bank on the premise that there is no difference between Islamic and non-Islamic banks, and that what Islamic banks take is murabaha, in addition to the fact that some scholars have permitted interest, and that, in the opinion of some economists, it is in exchange for the decrease in the value of money?
Which is better: sponsoring a Quran memorizer for a full year, or a shallow well, given their similar cost?
Is it permissible to borrow against prohibited investment certificates—with the bank bearing the return—in order to avoid losing a quarter of the capital upon their cancellation, and in an effort to utilize the remaining amount for charity?
What is the ruling of Islamic law on a man mortgaging his apartment to pay off a usurious loan from a usurious bank as a final settlement with the intention of repentance?
What is the ruling on accepting a house from one's father that was built with interest from money deposited in usurious banks, or with a usurious loan taken from those banks?
What is the ruling on selling mobile phone top-up cards at an increased price in exchange for deferred payment, and is this increase considered usury (riba)?
Is it permissible to place a sum of money as a fixed-income deposit in a usurious bank in order to pay off monthly installments of a usurious loan, with the aim of alleviating the burden of the installment on one's salary, while not taking any of the deposit's interest?
Is borrowing a sum of money in Egyptian pounds to purchase a commodity, with the intention of repaying the same amount later after the appreciation of the exchange rate of the US dollar owned by the borrower, and utilizing the exchange rate difference as a surplus, considered usury (riba)?
Is it permissible to purchase gold and jewelry with a credit card, with immediate payment to avoid interest?
Is my work, as an agent distributing the funds of a bankrupt merchant and selling his properties to settle his debts, considered Haram (forbidden) in Sharia or participation in a usurious transaction, especially since one of the banks is collecting its debt with interest, knowing that I cannot legally prevent it? And is my wage affected by usury?
Is it permissible for a representative to offer money to doctors to encourage them to prescribe his company’s medications, knowing that the product is effective and may be less expensive, and that doctors refuse to prescribe the medication without financial compensation?
What is the ruling on contributing to interest-based banks if the amounts have been deducted from the salary for a long time and would be lost if not contributed?
Is buying a house through a bank at a price higher than its original value, and in installments, with an initial down payment to the bank, considered permissible (halal) in Islamic jurisprudence, and what is the jurisprudential term for this transaction?
Is it permissible to borrow with interest out of necessity to complete an engagement, given the lack of sufficient funds, and are there expiations for the forgiveness of this sin?