Interest and Riba
4,478 questions
When is financial leverage permissible in Forex? Is it permissible to adopt the view of Their Eminences, the two scholars Abdullah bin Jibreen and Abdullah bin Manie, regarding the permissibility of financial leverage on condition that there is no increase in the repayment?
If it is known that the company will borrow with usury (riba), when does one become obliged to sell the shares?
Is it permissible to purchase an investment property in a foreign country that is managed by a private company with an annual profit margin of 8%?
Is it permissible to open current accounts in usurious banks to facilitate receiving bank transfers from customers, with the intention of withdrawing the amounts later and depositing them in Islamic banks?
Will God answer my prayer if I connect electricity to my house through irregular means and use it for my food and drink?
Is merely disavowing usurious gains sufficient, or is it obligatory to donate an equivalent amount to charitable causes if the mother took it from her daughter and then gave her an amount from another source?
What is the ruling on selling mobile phone credit at an increased price, and is this considered usury (riba)?
Is it obligatory to transfer one's salary from AlAhli Bank to another bank like Bank AlBilad?
What is the ruling on the Al-Mubarak credit card from Arab National Bank?
Is it permissible to lend someone a sum of money to save his house from confiscation, then he leases his house to me at a low price, with the loan contract separated in writing from the lease contract, knowing that the rental price will be lower than the market price due to my financial circumstances?
Is it permissible for a husband and wife to jointly purchase a piece of gold with varying contributions, so that ownership is shared and profits or losses are divided based on each person's contribution percentage?
Is it permissible to request housing from the company I work for if I know that the company will build the housing with an interest-based loan and sell it to employees with exorbitant installments?
Is it permissible for one of the heirs to obstruct the sale of inherited land—which is miri land—under the pretext of the necessity of converting it to shar'i (Sharia-compliant) land, and to compel the remaining heirs to bear the costs, threatening to sever ties of kinship, and what is the method for distributing the price of the land if it is sold as miri?
What is the legal ruling (hukm shar'i) on Tawarruq as practiced in Islamic banks, which some scholars have permitted, while others consider it forbidden based on the banks' method of implementing it, and what is the way to repent and expiate sins for someone who was compelled to take a Tawarruq loan to pay off their debts and improve their financial circumstances?
What is the ruling on selling products for cash at one price, and for installments at the same cash price, with the bank taking a 10% commission from the company without the customer's knowledge? Is this considered usury (riba)?
Is the bank considered a partner through its money and the housing company a partner through its land and effort, or are they considered a single entity affiliated with the government, with different departments?
Is it permissible or forbidden to get a job in a company that requires a bank guarantee to enter a bid, and is there an alternative to that?
Is the financial amount I obtained from a university loan—amounting to fifteen thousand euros, with ten thousand euros only required to be repaid and the possibility of keeping five thousand euros, and with interest to be paid in case of late repayment—considered unlawful money? And does its unlawfulness include the entire amount, or only the ten thousand euros that must be repaid? And is it permissible to continue taking this loan?
Is it permissible to obtain an interest-bearing loan from the bank to pay off overdue debts and the costs of furnishing an apartment, given the financial hardship?
Does sin befall the questioner for making monthly payments on his father's usurious loan, in exchange for receiving the principal amount of his saved certificate?
Is dealing with Premium Card company, which grants a card with an annual subscription for interest-free installments, considered gambling due to the presence of a guaranteed loss (the subscription fee) مقابل a potential gain (the benefit of installments)? And does the transaction become valid and free of any suspicion if the penalty clause is removed from the contract?
What is the ruling on the installment system of "SAB Amana" if it involves paying 10% directly to the seller and deferring the remaining amount with a profit margin determined by the bank?
Is it permissible to take out an interest-bearing loan to buy an apartment, with the intention of transferring it to an Islamic bank later, knowing that there is an urgent need for the money now and current circumstances do not allow borrowing from an Islamic bank at the present time?
What is the ruling on profiting from shares in a company that operates in exploration, waste recycling, and energy generation, and provides a fixed weekly return that is expected to be a minimum profit, with the possibility of the shareholder receiving additional profits at the end of the year if the company's profits increase?