Interest and Riba
4,478 questions
What is the ruling of Islamic law on pawning a piece of gold with a financial entity, receiving part of its value, and then retrieving it by paying the received amount plus an additional percentage under the name of safekeeping or interest?
Is the value-added tax on the price of a car, when sold in installments, usury or company profits, and is it forbidden for the car to remain the property of the seller until its price is paid, then for its ownership to transfer to the buyer, and what transforms this permissible selling process into an interest-based one?
Is it permissible to purchase a computer from a supermarket in installments without interest, provided that there is a purchase fee paid at the time, knowing that this method is followed in Spain?
What is the ruling on bank certificates with prizes, and is zakat obligatory on the prize if it is received at the time of zakat?
What is the ruling on dealing with banks that offer loans accompanied by a Shar'i document (legal certificate) attesting to their permissibility and conformity with Islamic Law?
Is buying an item in installments at a price higher than its original cash price permissible in Islam?
Is it permissible to sell shares of a company that deposits its money in a Riba-based bank to a relative who is aware of that, and how can one dispose of these shares?
Is it permissible, in Islamic law, to use a credit card issued by an Islamic bank that does not impose interest or fees on purchases, but charges a fixed monthly fee (75 AED) and a cash withdrawal fee (60 AED) for each transaction?
Is it permissible to purchase a car in installments from a financier who deposits the amount into the buyer's account, then the buyer proceeds to purchase the car and sell it to the financier, who then sells it back to the buyer with a legitimate contract that includes a profit margin? Or is this transaction questionable due to the bank's involvement as an intermediary? And what should be done in case it is impermissible, given the potential financial loss?
Is it permissible to give an in-kind gift (a computer) from the company's account to the owner's representative after the contract has been signed, knowing that he pressured the contractor to lower the project's value, and is this considered among the types of "ghulul" (misappropriation/embezzlement) mentioned in the Hadith?
Is the relationship between a Muslim and his Lord a self-serving one, where the Muslim performs acts of worship out of fear of God's wrath and desire for Paradise? And did God create humans for their relationships to be based on self-interest, such as a relationship of not exchanging visits or gifts based on that?
What is the ruling on taking an interest-based loan to finance the purchase of machinery for a factory that has ceased operations, when there is land available that could be sold to cover the loan, and do necessities permit prohibitions in this case?
What is the ruling on buying a car in installments from a company that deals with a usurious bank via Murabaha?
What is the ruling on exposing companies that deal in unlawful transactions, or have bad dealings, or offer poor products? And what is the ruling on offering advice to one company over another, and warning against another?
Is it permissible to obtain a government financial bond (Western) for your children and deposit it in a bank until they reach 18 years of age, in exchange for profits?
What is the ruling on the annual interest from a savings account at the post office, and is it permissible to pay it as a fee for a barber to style and adorn the fiancée for the wedding ceremony?
How do we respond to those who deem interest (riba) permissible in this era due to inflation, arguing that returning the same amount after a period represents a loss for the lender due to the decrease in purchasing power?
Is it permissible for the poor and the needy to take goods distributed by the municipality employee, knowing that these goods were taken unjustly from street vendors?
In light of inflation and rising prices, are bank interests considered usury (riba), and what should the simple folk who rely on them to cover their living needs do?
What is the ruling on participating in an optional insurance policy whose entire cost is borne by the bank, and from which heirs benefit until the age of sixty, or more if the employee completes the payment of installments?
What is the ruling on leftover salary fractions remaining in a usurious bank? Is it obligatory to withdraw them, despite the hardship involved, or is it obligatory to donate their interest, knowing that no interest appears on the account statement?
Is the method of Islamic banks in granting cash loans to borrowers by purchasing shares from the stock market and then selling them considered permissible (halal)? And what questions should be directed to the bank to ascertain the Sharia compliance of these transactions?
What is the ruling on resorting to a usurious Canadian bank to finance the purchase of a house when an Islamic financing option is not available, and does the sin increase if I intend to pay the full price as soon as an Islamic alternative becomes available?
What is the ruling on the seller stipulating that the down payment be forfeited if the buyer does not pay the remaining amount by the agreed date, and that the buyer must pay the full price of the property without counting the down payment?