Interest and Riba
4,478 questions
What is the ruling on taking a loan of 12,0 dinars to be deducted from the salary without interest, but which requires buying a promissory note from the tax authority for twenty-five dinars?
Does the process of a retail merchant purchasing from agents via the company's application, with the company paying the agent immediately and the amount being repaid by the merchant in installments with a specified interest, constitute usury (riba)?
What is the ruling on working in the creation of e-commerce websites – whether specifically for our company or for our clients – knowing that the materials sold are permissible and lawful? And does this ruling include linking the website with electronic payment gateways and placing the logos of electronic payment companies on the website's pages?
Is it permissible to take out an interest-bearing loan to pay off a debt owed by my wife's brother, which resulted from an unauthorized withdrawal from his inheritance, in order to avoid family problems, especially since I am experiencing financial hardship and have many debts?
Is it permissible to obtain financing from a bank by the bank selling shares it owns to the client, and then the client authorizes the bank to sell them to a third party so that the client receives the amount with interest for deferred payment, knowing that the client does not own the shares and does not know if the bank actually sells them?
Is working at Banque du Caire, a state-owned bank, Islamically permissible?
What is the ruling on paying money to a friend to file a lawsuit to collect one's inheritance, in exchange for a percentage of this inheritance?
Is it permissible to take out an interest-bearing loan for the purpose of marriage, due to the inability to secure sufficient funds for it, as a result of the dire circumstances the questioner is experiencing, which prevent him from obtaining permanent employment?
Is receiving financial support for medical studies, on condition of repaying a percentage of future income, considered usury (riba)?
Is it permissible to transfer one's salary to an interest-based bank in order to obtain a loan without interest, while withdrawing the salary immediately upon its deposit?
Is it permissible to work as a programmer for a startup company that offers an "early wage access" service to employees, whereby the company transfers a portion of an employee's salary in advance in exchange for a service fee, and then recoups the amount from the employee's company at the end of the month?
What is the ruling on depositing money in usurious banks?
Is the ruling on working for a maintenance and operation company for the Central Bank the same as the ruling on working in banks, and does the ruling change if it is stipulated not to work there and to move to another place?
Is it permissible for a mosque's supervisory committee to ask a person who has a purchase card to buy an electric heater that is cheaper from a store that deals with both card and cash, and then the committee pays him its value in cash, given that they do not have a mosque-specific purchase card?
What is the ruling on opening a bank account with interest or financial deductions, and what is the percentage of deduction from the deposited money called?
Is it permissible to take out a loan with interest from an Islamic bank, or government financing with similar terms, to cover family expenses and sustain a project, given the inability to repay current debts?
Is it permissible to take a loan from an Islamic bank in the form of building materials if the bank's invoice contains materials other than the materials themselves, knowing that the owner of the shop is the same and there is no excess cash amount?
What should one do who has taken out an usurious loan due to dire circumstances and feels distressed by committing this sin, yet cannot repay the loan all at once?
Is a contract that includes paying a reservation down payment and quarterly installments, followed by paying for the unit's financing with monthly installments at a fixed 7% interest, along with cash support from the fund, considered a usurious contract or a permissible one?
Is it permissible for an employee to take the difference in the price of shares that his company sold to him in America, knowing that the company deals with usury and speculates in the shares of other companies that may deal in prohibited things?
Is it permissible to reside and pray in a house that was purchased through an interest-bearing loan from the bank, and is prayer therein accepted?
Is the exchange of foreign currency (Euro) for local currency (Moroccan Dirham) and vice versa, with one being paid and the other taken, considered Riba (usury/interest)?
Is it permissible to give money to a merchant for him to invest it through Murabaha (cost-plus-profit sale), such that the merchant buys goods on behalf of the capital owner, and then the merchant buys them from him for a known profit, without being obligated to do so? And does the ruling differ if the capital owner is present at the time of purchase, or relies on pictures, or authorizes the merchant to purchase without referring back to him?
Is it permissible to deposit money in Islamic banks (Faysal - Al Baraka) and take the interest to help with living expenses in Egypt?