Interest and Riba
4,478 questions
Do the bonuses or financial percentages that the student union receives from medical equipment agents in exchange for securing discounted offers for students fall under the category of gifts mentioned in the Prophet's (peace be upon him) hadith: "Why did you not stay in your father's and mother's house and see whether you would be given a gift or not?" And does adding a specific amount to the price of the equipment to cover this "bonus" or "commission," without taking it directly from the agent, constitute a violation of the condition of immediate exchange (taqabud) in sales, and is this commission forbidden?
Is it permissible to work for a company that imports cars from American auctions and dealerships, knowing that the company relies in its financial dealings on the bank guarantee system, or on interest-based financing from American financing companies, and knowing also that the nature of my work is limited to following up on the purchase, shipping, and inspection of cars, and that financial decisions are not my responsibility?
Is it permissible to deal with Star Capital company based on the following information: that it provides annual reports on its past dealings, sets a maximum loss limit of 3% through a stop-loss order, and deals directly with banks rather than brokers, and therefore does not charge overnight fees and does not operate under a leverage system?
Is it permissible to borrow with interest to pay off a large debt, or is it more preferable to sell the apartment we live in, knowing that selling it will psychologically affect the husband's ill mother, and that there is no other way to pay off the debt?
Is it permissible to take a loan from Banque Saudi Fransi and refinance it?
What is the appropriate discretionary punishment (ta'zir) for someone who describes those who practice the Sunnah of letting the beard grow as belonging to backward political parties? And does this fall under the category of discretionary punishment for every sin for which there is neither a prescribed penalty (hadd) nor expiation (kaffarah)?
Is it permissible for a widow who has no provider, no children, and no siblings to engage in bank interest transactions, given that there is an opinion stating the impermissibility of interest from investment certificates or deposits in banks?
Is it permissible to deal with a currency exchange company that operates an additional, undeclared amount to evade taxes, given that the questioner knows all companies do this?
Is it permissible to sell an invoice to another company to demand payment when a 0% late payment interest rate is specified, and the second party delays payment, causing harm? Is the amount added for late payment usury (riba) or a disciplinary fine (ta'zir)?
Is it permissible for me to purchase a larger apartment through real estate financing from the bank where I work, at a simple rate of return?
Is it permissible to use money from a deposit's interest as a one-time loan, with the intention of later disbursing the amount spent from it to the known beneficiaries of interest?
Is it permissible to take a loan from Al Baraka Islamic Bank in Turkey to buy an apartment and sell it for profit, given that there is a 5% interest deducted from the borrowed amount?
Do I bear a sin if I use my husband's car that he bought with an interest-based loan, or if I am forced to pay its installments from my salary?
What should I do, as I asked my sister to take out an interest-bearing loan, and I used the money to build a house, and my sister is the one paying off the loan?
Which of the two is more prioritized for a person who possesses unlawful money and an amount less than what is required to be given out: to give out what is available in installments until the full amount is reached, or to invest what is available to improve his financial situation and then give out the required amount in a shorter period?
What is the ruling of Sharia on paying the monthly installments of a usurious loan that my brother took in my name and then evaded its repayment?
What is the ruling on borrowing from an institution that stipulates life insurance in exchange for loans?
Is it permissible to expel a treacherous partner who harms vulnerable workers from a partnership by means of deception?
What is the ruling on real estate financing from Faisal Islamic Bank as part of the Central Bank's initiative, taking into account the conditions of the initiative and comparing them to conventional banks?
What are the conditions and procedures for obtaining loans from Islamic banks, and how can a Muslim act if an Islamic bank is not available in his country?
Is it permissible to design air conditioning systems for hotels, banks, prisons, places that contain swimming pools (such as clubs and villas), in addition to saunas, beauty salons, and health clubs that offer massage services?
What is the ruling on non-interest-bearing bank loans?
What is the ruling of Islamic law regarding the calculated interest – 1% on the first payment and 2% on the second payment – on a 25,000 dinar housing loan, and is it considered usury, given that it is calculated under the heading of banking services for the customer, knowing that the borrower cannot purchase the house without this loan?
Is it permissible to throw sunflower and pumpkin seeds and chewing gum in the trash to prevent students from eating them in class, taking into consideration that they are food and might be considered a waste of others' property?