Interest and Riba
4,478 questions
Is taking money from others to pay profits, in the hope of gain after a previous loss, while the debtor owns nothing but his home, considered usury, and what is the way out of this situation?
What is the ruling on purchasing building materials in installments from a person who directs me to a merchant and handles his account, then I pay him back with an increase, or dealing with a contractor who owns building materials and trades in them, or undertakes all construction costs and sets the price per meter?
Is purchasing products with an electronic card for a specified amount, then paying for the purchases plus a defined percentage in monthly installments deducted from the salary, considered usury (riba)?
Is it permissible to take out a loan with interest to cover marriage expenses if difficult economic circumstances (due to working in tourism and the repercussions of Corona) might lead to the engagement being broken off?
Is what a bank offers considered an interest-bearing loan if it requires depositing a sum of money with it for a known period before granting the interest-free loan (qard hasan), while taking a small amount for "paperwork fees" and employee costs?
Is the unavailability of a credit card free from Sharia-related prohibitions considered a necessity that permits the use of a card containing a usurious condition for receiving funds and establishing online projects, with the intention of avoiding delayed interest (riba al-ta'kheer)?
What is the ruling on dealing with usurious banks?
What should an employee do with the amounts added to his bank account with a fixed usurious return, and is it permissible to donate them? And what is the alternative solution for saving that preserves the value of money in light of inflation?
Is it permissible for a company to provide the required data and documents (such as salary certificates and auditor's reports) to non-Islamic banks, to facilitate its employees' access to interest-based loans, knowing that the company is not obligated or responsible for these facilities, and that its accounts and dealings are Islamic?
Are the additional amounts imposed for late payment of phone bills or university fees considered usury, and is it forbidden to pay them?
Is money deposited in banks in the form of a deposit, the profits of which are used for household expenses and children's education, halal?
What is the ruling on transferring money to another country at an exchange rate different from the actual rate, with the transferor receiving the difference as his percentage, and then the received amount being transferred to the other country, with the possibility of profit or loss when it is exchanged there?
Is it permissible to get life insurance to secure the family financially after death?
What is the ruling on using a credit card, which is necessary to open a seller account on Amazon, given that prepaid cards are not accepted, and what is the ruling on opening an electronic bank account (such as Payoneer) with commissions on transfers?
Is it permissible to choose a traditional, interest-based (riba-based) bank that does not charge fees on current accounts, or a participatory "Islamic" bank that does charge fees on current accounts (with a free but limited-feature savings account available), when one wishes to change their current interest-based bank?
Is it permissible to purchase with a bank credit card in installments, whether with or without interest? And is it permissible to deal with a person who buys electronic devices and offers them in installments?
What is the ruling on keeping surplus money in a bank account after canceling all banking transactions and withdrawing the principal, knowing that the salary is transferred to this account and cannot be canceled?
What is the ruling on a loan provided by a bank that is repaid without interest, in exchange for paying an advance amount for insurance?
What is the ruling on working in non-usurious projects, such as infrastructure projects, if the bank funding them is an interest-based bank?
What is the ruling on purchasing with a Visa card if it contains an interest-based condition, knowing that the user deposits money into the card beforehand and buys with it, and does not take money from the card itself?
Does an employee bear sin for work that involves correspondence related to importing car spare parts, knowing that some purchase invoices include a "marine insurance" amount, or in other cases the company is asked to handle the insurance, or the representative is asked to sign the order, which may include the insurance value?
What is the ruling on taking out an interest-bearing loan to buy a car for commuting to work, and is the income earned considered unlawful?
Is it permissible for children to take usurious interest from their elderly mother's bank account to cover her expenses in a nursing home and to make up for the deficit in her pension, knowing that the mother considers this interest permissible based on a fatwa attributed to the Mufti of Egypt?
Is it permissible for a father to give his son-in-law money from usurious funds that he donates, to pay off his debt, without informing him of the source of the money?