Interest and Riba
4,478 questions
Is it permissible to deal with a bank that claims its transactions are halal and are supervised by a Sharia committee, yet its returns are semi-fixed and any shortfall in some months is compensated, knowing that a percentage of the funds is deposited in the Central Bank? If it is impermissible, what are the legitimate channels for spending these funds, and is it permissible to give them to the poor or donate them to mosques, and is there another bank in Egypt that offers halal returns?
Is taking a loan from an institution with a small interest rate to buy an apartment, coupled with a subsidy of 12.5% of the borrowed amount, considered haram and usury (riba)? And does the sin fall on the husband alone, or on both of them, if the husband takes a loan from the bank with interest, and this is his only means to buy his share of the apartment?
Are purchase transactions made through a company card that allows buying goods on credit, with an additional amount specified in case of late payment, considered to have usurious interest, or is the payment limited to the market price of the good?
Are the profits from a new deposit in an Islamic bank permissible, knowing that the principal amount originated from previous usurious interest?
Is it permissible to take out an interest-bearing loan to purchase a plot of land in order to protect a paid deposit and avoid losing the land, given the unavailability of Islamic alternatives and the family's need?
What is the ruling on a sales contract that includes a condition for the seller to reclaim the property after 140 years, while the buyer retains the right to dispose of it during this period, and the condition remains valid for subsequent buyers; and is this condition valid by analogy with the ruling on a life estate (umra) which does not revert to the donor?
Is it permissible for a Muslim girl who fears for her faith to complete her mixed-gender university education while uncovering her face, given the availability of social guarantees against engaging in forbidden acts, or is it better to abandon her studies and devote herself to learning religious matters and memorizing the Qur'an?
Is it permissible to use a credit card that charges usurious fees and interest due to a bank employee's error, and what should be done about it?
What is the ruling on gifts (perfumes or incense) sent by the bank to some of its customers who have large sums of money in it?
What is your opinion on the Faysal Islamic Bank Visa?
Is selling gold and jewelry at wholesale price on credit, where the value of the gold is determined in money first, and then payment is made in money without reference to the gold, permissible or forbidden?
What is the ruling on working as an accountant in a government body that deducts loan installments from employees' salaries on behalf of the bank, without knowing the interest involved between the bank and the employee?
Is it permissible to sell a house to a buyer who will take out an interest-bearing loan from a usurious bank to pay the price, and is that considered cooperation in sin and aggression?
What is the legal ruling on reserving gold ingots by agreeing upon a specific price, then receiving them and paying the price a day or two later, with the agreement not being affected by fluctuations in the price of gold?
What is the ruling on using the American Express Green Card, which allows the withdrawal of 15,000 riyals for a fixed withdrawal and late fee, and without interest, and what is the ruling on benefiting from its points?
Does riba an-nasia (riba of delay) occur in this situation where the merchant counted out coins for the customer in preparation for exchanging them for another paper currency, and the customer left for a short distance then returned, whereupon the merchant completed the count and gave him what he was due in paper currency?
Is money earned from usurious interest, deposited in the bank in my name, and given to me by my father as a gift, permissible for me to take and spend, and what are the ways to spend permissible money?
What is the ruling on debt settlement offices that pay off a client's loan with the bank in order to obtain a larger loan, whether for a lump sum or a percentage of the amount paid?
Is it permissible to continue working exclusively on translating and reading news related to global financial markets and the trading of currencies, metals, oil, and gas, which does not include information about usurious stocks or prohibited products?
Is depositing a sum of money in US dollars in a bank for two years, with the same amount received immediately and repaid in installments with a small interest to encourage the deposit, considered permissible (halal) or usury (riba)?
Is it permissible to take a loan from the state with a low interest rate (0.16%) to cover the study and living expenses of university students, knowing that it is a monthly salary that is cut in certain cases, and the total amount of the loan and grant is paid after graduation and obtaining employment, and the amount paid is less than the total amount received?
How are prisoners of war treated in Islam?
Is the money my friend took from the National Insurance Institute unlawful (haram), and am I a partner in sin because I helped him submit the papers, knowing that it is impermissible to combine an insurance salary with work? And what must I do to repent? And is this type of insurance considered usury (riba)?
Are prize bonds issued by Pakistani banks a form of gambling, given the possibility of recovering the principal amount and the absence of a guaranteed loss? And is the money given as prizes in these bonds based on usurious interest, in accordance with the hadith, "Every loan that draws a benefit is usury"?