Interest and Riba
4,478 questions
Is buying shares in Vodafone with the intention of trading—by patiently waiting for the price to rise or until the announcement of the budget and profits—considered usury (riba) and Haram (forbidden) in Islamic law? If so, is it permissible to sell them at the purchase price to recover the capital and avoid loss?
What is the ruling on transferring one's salary to an interest-based bank for the purpose of taking out a loan to improve dire living conditions?
How is a document written to prove that a wife borrowed an interest-free loan from her husband without specifying a repayment period?
What is the ruling on taking an amount of 60,0, with the commitment to pay 1,500 monthly, regardless of profit or loss, and is it obligatory to return the full amount after a loss?
How can one who seeks guidance (al-Mustakhir) know the effect of the Istikhara prayer if they pray and do not feel a particular inclination, yet desire both options?
Is it permissible to sell an apartment through an usurious bank, given that there is no Islamic bank in the country?
What is the ruling on the Riyad Bank "Hassad" Visa card, which charges administrative fees, and if the client is late in repayment, the bank purchases a commodity and profits from selling it to the client?
Is it permissible to use a car that was mistakenly bought through an interest-based bank, knowing that I have repented and regretted that action, and I am now in a state of confusion?
What is the ruling on a sale and repurchase agreement (repo) if the underlying asset is pure company shares or goods and commodities, and not interest-bearing bonds?
What is the ruling on a person selling a plot of land belonging to a mosque for half its price, claiming that its proceeds will go back to the mosque, while the benefit to the mosque is not clear to everyone, and is it permissible to purchase this land?
What is the ruling on a stipulated financial increase imposed on a student in a scholarship contract in the event of their breach of conditions, is it considered usury (riba), is the contract valid, and what is the Shariah-compliant action for the student in this situation?
Is it obligatory to inquire about a factory's dealings with bank interest or its insurance on its properties when applying for a job? And is working on implementing an "Enterprise Resource Planning" (ERP) system, which may include software for banking and insurance transactions, permissible (halal), or is it preferable to try and change it?
Is it permissible, from a Sharia perspective, to deal with Islamic financing companies that do not share in profit or loss upon the termination of a contract before the full price has been paid?
Is money inherited from a maternal aunt lawful or unlawful, given that she used to deposit her money in both interest-based and Islamic banks, and the proportion of each cannot be definitively determined? This money was spent on renovating the house, so does this entail an expiation? And is the money that the maternal uncle returned to my mother, which is part of this inheritance, lawful or unlawful? If it is unlawful, must I donate it or return it, and what is the ruling on using the remainder of it to purchase something?
Is the installment plan called "Islamic" in Egypt permissible, taking into account a 40% down payment, a 14% murabaha rate, and a prohibition on selling until all installments are paid, and comparing it to bank installment plans that start with a 10% down payment and an 8.5% interest rate, given that the total price in the Islamic system is higher?
What is the ruling on the interest from investment certificates in Faysal Islamic Bank of Egypt?
Does sin befall me if my mother repays me the amount of the bank loan I took out for her, in addition to the interest, or should I just take the original amount without the interest to avoid sin?
Is transferring money via "Western Union" considered usury (riba) if the sender pays an additional commission for the amount to be sent, and what is the expiation for whoever has done so in the past?
What is the ruling on supplying public institutions with cleaning materials, then purchasing other needs for them or giving them a sum of money that will be calculated later within the cleaning materials invoice, knowing that this is a common practice in Algeria?
Is what the questioner did, borrowing a sum of money from his superior at work to pay for a house, and repaying the amount in interest-free installments, while keeping his superior’s savings book until the end of the repayment, considered unlawful, and is he thereby aiding in usury?
Is the Egyptian Post Office Savings Bank considered a usurious institution, or is it permissible to deposit funds in it based on a senior official's denial of its involvement in usury and his assertion that it relies on other sources of profit? Or is it preferable to deposit funds in Islamic banks, even if their "Islamic" nature is merely superficial, as long as the intention is Islamic and they are supervised by Al-Azhar?
What is the ruling on taking an interest-bearing loan to buy land in order to protect savings from currency depreciation? And what is the Islamic legal perspective on protecting savings from currency depreciation?
What is the ruling of Islamic law concerning dealing with a negligent and harsh mother who seeks financial exploitation, while avoiding visiting her for fear of dealing with usurious money, and sufficing with checking on her by phone?
What is the ruling on a person borrowing from an interest-based bank to buy a house and secure shelter for himself and his family? Is this considered consuming usury? And what is the ruling on someone who contributed a small sum of money with him, then demanded its current large value? Is it correct to say that the one who consumes usury is fought by Allah and His Messenger, and none of his deeds are accepted? And what should a person do if they have fallen into this and cannot get out of it due to financial circumstances?