Interest and Riba
4,478 questions
Is the loan from the National Savings and Provident Fund, where the full amount is paid to the seller and the bank benefits by 1%, considered usury (riba)?
Is the second loan system offered by the Palestine Monetary Authority to its employees, in which a 1% commission is deducted using the declining balance method and the employee is deprived of the profits of their savings to the extent of the loan's value, permissible or forbidden?
Is it permissible to purchase a house with a bank loan in Belgium at an interest rate of 2%, and is there a fatwa by Sheikh Al-Qaradawi that permits this, especially if the loan is for personal use and not for trade?
Is the stepdaughter considered sinful if the papers for a usurious bank loan to buy a house are in her name, given that the father's wife is the actual debtor and payer of the loan?
What is the ruling of Islamic law on borrowing money from a foreign bank for the purpose of investing in a project, and then repaying the loan to the bank after the investment concludes, and are the profits resulting from this project lawful or unlawful?
Is it permissible for a father to financially assist one of his children in purchasing and building a house while concealing the matter from some of his other children for fear that they will demand the same, and should the father be informed of the Sharia ruling? And is the father obliged to give the rest of the children—males and females—the same amount, or assist them in other matters such as building a house for them?
Is it permissible for a Riyad Bank customer to benefit from a financial reward of 600 Saudi Riyals offered by the bank, knowing that he uses a Visa card issued by the bank and pays for his purchases promptly to avoid usurious interest?
Is it permissible for me to take out an interest-bearing loan to purchase a business in Canada, knowing that I cannot find work and rely on government assistance, which is insufficient to meet my family's needs, and this is to ward off hardship and earn a livelihood?
Is working as an accountant in a company that relies on bank loans and Murabaha, takes out one loan to pay off another, and deals with fictitious companies to obtain loans, considered unlawful (haram) and thus must be abandoned?
What is the ruling on dealing with a foreign club that trades in goods and grants shareholders a daily profit margin of 0.25%?
What is the ruling on a partner who manages a partnership concealing unreal accounts for the purpose of facilitation, and is an increase in money accepted in his debt for obstructing the interest of the other partner, or should the money be returned without an increase, and do both partners bear the debts of defaulting customers together, or only the managing partner?
What is the ruling on cooperative construction?
Is it permissible for a husband to take from his deceased wife's money, which is designated for her children, in order to enable his daughter to go for Umrah with her maternal aunts and maternal uncle?
Is the financing of a project through a partnership, with 85% for the company, and then selling the company's share to the project owner after 3 years at a price higher than its paid-up capital, considered an interest-based loan (riba) or the sale of a common property with an excessive profit?
Is taking an interest-bearing loan to secure housing considered a necessity that permits it, and will I bear sin for it? How can one act to repay the remaining loan given the lack of sufficient funds, and is it obligatory to sell one's car or gold to repay the debt?
Does my work as a lawyer in a company that buys raw materials or machinery for clients and pays their price with interest-bearing deferred payments, and buys and collects debts, fall under the suspicion of usury?
What is the ruling on dealing with conventional banks, and is it permissible to spend on one's children from their money, and is there sin upon one for that, and does the sin of dealing with usury fall upon one who issues a fatwa permitting it, and is it obligatory to transfer money to Islamic banks?
What is the ruling on working for a company that provides maintenance and development services for IT networks and infrastructure to usurious institutions, knowing that the nature of the work does not directly involve usury, but rather facilitates communication for systems that may be used in usury, taking into account the difficulty of avoiding this in the country?
What is the ruling on a husband’s insistence on buying household necessities with a credit card that is paid off with interest, while refusing to purchase them himself and not providing sufficient money, and is the wife sinful for accepting authorization to act on behalf of her husband in managing an interest-bearing bank deposit, knowing this, but without the deposit being in her name or her taking any of its interest?
How can a Muslim not rush the answer to his supplication and not abandon supplication, especially if he feels that his acts of worship have become a means to achieve this answer, and how can he rid himself of this feeling?
Is it permissible to buy a house through the bank with an interest rate, knowing that the borrower has the financial capacity to pay rental installments?
What is the jurisprudential ruling on buying a car in installments through a bank that offers two financing models, one of which is "Islamic" with a higher interest rate, and are there banks in Egypt that deal in accordance with what Allah has revealed?
Is it permissible to obtain an interest-bearing loan to study dentistry in America, knowing that the tuition fees are exorbitant and cannot be secured except through this loan?
Is it permissible to sell cars in installments in exchange for mortgaging the buyer's property as collateral for the company, with a third-party bank benefiting from 13% of the total mortgaged property?