Interest and Riba
4,478 questions
Is investing in Apple company shares via a brokerage firm that follows a financial system – in which the company buys the shares, then invests the number of shares in daily speculative trading through automated buying and selling on the NASDAQ exchange, and provides a fixed daily profit ranging between 0.3 and 0.4% of the number of shares (fractions of a share), with the possibility for the investor to sell the profits whenever they wish for a 5% commission, and the contract duration is two years with the possibility of recovering the funds at the prevailing market price after the contract ends (with the possibility of the original amount increasing or decreasing), or terminating the contract after six months and recovering the funds after deducting all received profits – permissible or impermissible?
Is selling a distressed property to a real estate financing company, through a simulated transaction where the wife pretends to be the buyer, while retaining the property and paying its price in installments to the company, considered usury (riba) or unlawful (haram), especially if this is the only way to sell the property and there is an urgent need for its price?
Is using a Visa card issued by a usurious bank to withdraw $2,000 monthly, with the aim of profiting from the black market exchange rate difference, considered usury, given that the funds are personal and in a current account? Is earning profit from currency exchange in this manner unlawful? If the POS device owner is compensated for the fees deducted from him for the cash withdrawal, is there any suspicion of usury or unlawfulness in that?
Does the money my fiancé earns from partners who acquire money through illicit means, considering he is the company's accountant and distributes the profits, constitute unlawful money, if it does not come from the profits of suspicious deals, knowing that he is my husband by Sharia?
Is it permissible to deal with a foreign (non-Islamic) company that offers credit and real estate investment opportunities with a fixed annual interest rate of 7%, knowing that the principal will be repaid after 10 years? And is it permissible to borrow from it and repay the full amount before the interest is collected in order to avoid it?
What is the meaning of Allah's name "Al-Lateef"?
Is it permissible to distribute usurious gains resulting from the sale of a taxi—the price of which was deposited in a usurious bank in the name of one of the minor heirs—to needy siblings for their education and to help them with life's circumstances?
Is it permissible to utilize the government assistance provided to families in Russia, amounting to 450,0 rubles, to pay off an interest-based (riba) bank loan designated for improving housing conditions, given that the government pays the full amount directly to the bank?
Is borrowing with interest considered a necessity for recovering the father's inheritance from a brother who is withholding rightful shares, especially given factors that increase the urgent need, such as the situation of a divorced sister and the fear of the brother forging documents?
Is it permissible to take a loan from the government without interest, with the intention of paying it back before interest becomes due on it?
What is the definition of Riba (usury), and is accepting payment in the currency of countries that are founded on the principle of capital circulation and lending considered aiding a usurious system, and does using the currency of these countries constitute contributing to their usurious economy?
What is the ruling on disposing of riba-based Al-Riyad Bank shares that a father gifted to his daughter after she grew up? Is it permissible to sell them and trade with their proceeds in the shares of pure companies, or to donate them as charity?
Is what Company (S2) did—purchasing materials for Company (S1) at its request, and transferring the full amount to a supplier who turned out to have a relationship with (S1) and would return part of the money to it, with Company (S2) taking a 10% profit margin—considered usury or a Sharia violation?
What is the ruling on eating and praying in a house built with an usurious loan?
Is it permissible to purchase products at a special discount from suppliers due to the personal relationships of a company owned by the brother, and then sell them later to the parent company?
Is a car considered usurious or lawful property if it is purchased in installments, and the guarantee is a bank account with usurious money that will be disposed of to the poor, knowing that the installments will be paid from lawful money?
ما هو بيع الوفاء وما حكمه؟
What is the ruling on subscribing to and benefiting from the employee savings fund, in which the company deposits an amount equal to what the employee saves, given that there are two options: one with interest and the other without?
Is dealing with the (Visa Samba) card still forbidden if it is confirmed that the amount is paid to the bank within the specified period without paying any interest?
Does the deposit by the treasury official of government funds in a usurious bank—due to the absence of any other means—count as participation in usury?
Is there evidence that the interpretation of "wisdom" by previous scholars as the Sunnah of the Messenger of Allah (peace be upon him) is correct, and how did the Messenger of Allah (peace be upon him) interpret wisdom?
Is usury used in the Islamic financial system despite knowledge of its prohibition?
What is the ruling on signing a declaration not to enroll in another university in order to obtain a postgraduate diploma, knowing that a master's degree requires many years? Is obtaining this second certificate permissible? What is the ruling on desiring to obtain more than one academic certificate at the same time and violating university regulations? What is the ruling on taking exams without meeting the required attendance percentage?
What is the ruling on participating in the construction of floors that violate the building permit, and what is the ruling on the profits resulting from their sale, knowing that reconciliation is made for them later?