Questions tagged [riba]

Riba means Interest. Riba is Haram (forbidden) in Islam, and it is considered a major sin.

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Took out A loan For My Friend With Interest

My friend made me take out a personal loan for him using my account in an app that includes interest. What does that make me? Is there any solution?
 Savad's user avatar
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Loan to be returned at the rate of gold

I was 19 years old and my uncle gave me money which he said I would need to return at the rate of gold. So basically if for example he gave me 100 PKR - he would consider it as an equivalent amount of ...
Muhammad Tahir's user avatar
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IS ILLEGAL WORKING HARAM?

I wanna ask, I currently left a job at bank, (due to it being riba based) and recently I got hired in a Real Estate company, after I joined, I came to learn that my job role i.e. Telecalling for Real ...
Striving Muslim's user avatar
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Interest is theft or standalone prohibition

Is lending money at interest forbidden because it is theft or is it not theft but forbidden as a standalone sin?
Clint Eastwood's user avatar
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Is taking loan on interest for medical emergency is haram?

If i am in condition where i need money for medical emergency i am not going to find person who will not take interest.i will take money even if someone takr interest. Who islam will solve this ...
maruf sayyed's user avatar
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Zakat and Interest Free Forex Trading

I have two questions. 1- I have deposited a certain amount with a developer in a European country to get the immigration as per the laws of that European country. The rule is that the money will stay ...
Zahid Latif's user avatar
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51 views

Is EFT (Escape From Tarkov) halal to play

With virtual money I buy shooting equipment and there is no paying with real money (I have a stash where I have my things and other players don't have access to it, I earn money by selling things and ...
Ahmed's user avatar
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My mother benefits from riba-based income. My father has a second marriage. Is this halal?

Aoa. My father has a second marriage and due to his job posting, is living in another country with his second wife. Me and my sisters are from the first marriage. My father earns good income and ...
Shahmeer Salman Sheikh's user avatar
1 vote
1 answer
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Getting riba unwillingly

I have my money in a bank where you can put your money in a savings account or current account. The bank gives interest every 1 January for both accounts, but current account has lower percentage ...
Elor's user avatar
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Inquiring legality of istisna mode of transaction

If I am ordering something for manufacturing based on my unique custom needs, like furniture for example, without providing material by my side, I want to know regarding payment options I have with me....
Isl's user avatar
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Product segregation and pricing

Is it halal for a producer, say a farmer, to segregate his products from the same farm into lower quality and higher quality (e.g. smaller oranges vs. larger oranges) and sell them at different prices?...
S.M.'s user avatar
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Is this riba? Understanding riba

My intention is to better understand what constitutes riba. Please note that some of these questions are far-fetched hypotheticals constructed only for insight. Again, I do not want to come across as ...
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Is it Haram to play a game with interest?

So I play this game Hypixel Skyblock on Minecraft, and it has a bank that lets you gain interest. So would that make it haram for me to play it and if so, would it still be Haram if I stopped using ...
Mr.M's user avatar
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Giving away riba in advance [duplicate]

Can we give away an amount to someone considering it riba but in advance? The riba amount will be credited later to my account but there is someone in need (the person would be informed that it is ...
glitch's user avatar
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Loyalty Program: Halal or Haram?

Salam! Today, I came across a question on ask.ghamdi.org forum. I'm curious to know the answer. The question is: The city in which I’m currently living in has loyalty program where if I buy a member ...
LeoM's user avatar
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Is forex trading on iq option Halal or Haram?

can forex trading be considered halal if you sell and buy on the same day? I have been researching on this and some people say it is okay because you don't have interest in an Islamic account.
Areeb Khan's user avatar
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Query regarding Current Account in a conventional bank

Well I know that current account itself is not haram, because there is no interest involved in it. And i know that it is better to use Islamic banks. But my question is that if my company only pays me ...
Raja Uzair Zia's user avatar
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Change of hands during heirship in Islamic economics

I recently learnt (from sources like ustad Zaid Patel's course in Hindi/Urdu and Sheikh Bilal in English) that if a person's income is haram or includes haram, it becomes halal for the other person ...
Isl's user avatar
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Riba and loan interest

Could someone explain the reason for usury being forbidden in Islam? Some background: I have some money, which I could take advantage of right now. Giving up this money, in the form of a loan would ...
Seyed Mohsen Ayyoubzadeh's user avatar
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2 answers
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Considering VAT being used by the government to pay interest-based loans, is buying things in shops haram?

Each country (except a few, probably) takes loans from central banks, and then uses this money for various purposes. To pay back that money, they take taxes and VAT that people pay, and pay their ...
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Paying tuition fees through riba based bank

Is it permissible to pay my tuition fees through a riba-based bank? My school has only one option to pay tuition fees. I only go to the bank and pay the fees to the cashier and they sign my fees card, ...
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Are Islamic Car Financing Halal?

Assalamu'aalaykum, I'm looking to buy a car and stumbled across some Islamic financing websites. This is from one of the websites: "...promises to sell the commodities and the customer promises ...
Ayt uname's user avatar
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What are the underpinnings of the prohibition against interest, in sharia and fiqh?

I am already familiar with Quranic references against riba (such as Quran 2:275-280) and a number of ahadith, but the issue for me is the meaning which the prophet attached to riba. In his hadith, ...
Robert Hannah's user avatar
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1 answer
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Am I exempted if I take this student loan involving riba? [closed]

I've been working really hard in high school to get accepted to a good major in university. I'm going to start studying this summer. I need an apartment and food to live and I have no income what's so ...
Cebu's user avatar
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2 votes
1 answer
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As a beginner in trading, I would like to know types of online trading to avoid [closed]

Which types of online trades are haram? I would like to know under which basis trading for stocks, and similar types of trading are haram.
Jahan Zaib's user avatar
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1 answer
132 views

Is it haram to work in a bank? [duplicate]

My cousin works in a bank but he works in HR.
Muhammad Taha Siddiqui's user avatar
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1 answer
122 views

DISOBEYING FATHER FOR NOT DOING HARAM JOB

Asslamualikum! I was a finance student back 2 years ago. You know that doing job in a bank is haram as it involves Interest so due to this reason my aim was to do a job in a company as they aren't ...
Anonymous's user avatar
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Is giving equity in exchange of debt riba?

on shark tank you often see deals where an investor say I'll give you $100k as debt. But i'd like 5% equity in company as well. equity is taken right away. debt is paid over time. from one perspective ...
Muhammad Umer's user avatar
2 votes
1 answer
303 views

Can I use interest to earn back money lost from inflation?

I live in a country that suffers from a high rate of inflation. I understand that interest is haram (this is not questioned). But when 100 money is worth 90 money the next year, surely I should be ...
Servantofallah's user avatar
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1 answer
282 views

Are you allowed to collect bank intrest in a video game? [duplicate]

If it is Haram or Halal whats the reasoning?
javid's user avatar
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Authenticity of Hadith on Riba

Can anyone confirm the authenticity of these Hadiths with references. “Consuming one dirham of Interest is like doing Zina 36 times” and “Riba equals to 70 Sins. Lowest of them is having ...
Abd-Allah's user avatar
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Is attending a property transaction where buyer is getting loan forbidden?

What I have read till now is indulging in ribs in anyway is forbidden, be it taking, giving, making contract, executing or being witness. My questions: What if I do not facilitate loan but get muslim ...
Wasim Shaikh's user avatar
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1 answer
355 views

Is it permissible to work in a NGO that has a microfinance program, which is also one of it's source of fund? [duplicate]

Praise to Almighty Allah. After more than 1.5 years of being unemployed, I finally got an offer from an International NGO (BRAC,www.brac.net) to work as an IT advisor in their Health, Nutrition and ...
Mashkur's user avatar
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1 answer
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Doubt regarding Dhat al-Fudul and Interest

I have heard that Prophet(s.a) have pawned his Dhat al-Fudul with Abu ash-Shahm Jew, in return for some 30 sa(weights relate to food) of barley for his family. Does it involved Interest? Or did Abu ...
Akbar Badhusha's user avatar
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1 answer
320 views

Is it haram for me to take these awards?

Assalamualaikum, Earlier this year i took part at a project in my school. We had to make a video about a certain profession and the video I made also has background music. Now, months later it turns ...
downmath's user avatar
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1 vote
1 answer
638 views

Using PayPal to pay for goods and services

A similar question has been asked here about transferring funds through PayPal but the purpose in this question is different: it is about buying something (or paying for something you are going to get ...
Selim's user avatar
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3 votes
1 answer
191 views

Student loan and kaffarah

Salam, I’m in really desperate need for help. Basically I have a student loan which have interest I repented from it but it’s the only money I have to live. I don’t live with family and they can’t ...
Ghada El ghor's user avatar
1 vote
1 answer
1k views

Is it Haram to take interest in a game? [duplicate]

We know that Riba interest is Haram . Does this apply to games as well ? Example : MONOPOLY Is it haram to take interest from another player ? The money is not real world money and has no real ...
TheMadHatter's user avatar
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80 views

Difference between commerce and Riba in Islam, Does commerce entails risk?

What's the difference between commerce and RIBA in Islam? Let's take the example of looking for a loan to buy a house. Traditional banks are using Riba because they lend you money, you buy your ...
user avatar
1 vote
0 answers
172 views

Is working in bank IT department is haram?

I've been working in a bank for almost 1 year. I'm work involved in development & maintenance of remitting software and various bill collection utility (Electricity, Gas, Water etc) software. My ...
Abdullah Al Mamun's user avatar
1 vote
1 answer
100 views

If there is no way at present for me instead of depending on bank interest , what should I do?

Assalamu Alaikum. I'm a student who's father died 5 years ago. When he was alive he saved his part of income in bank accounts. Now I live with my mother and I'm the only child of my parent. As far as ...
Noushad's user avatar
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1 vote
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if I am NOT paying for life Insurance, is it permissable?

Assalamualaikum. Most of us are familiar insurance is considered haram because of the presence of riba/interest. I've started working for US government and government employees are automatically given ...
LegendofLegends's user avatar
1 vote
1 answer
294 views

Where are free from riba countries?

In the name of Allah, I live in a country where all the banks are likely under a central bank that charges interest. So in order to get out of this system, I want to migrate to another country that ...
Rafid's user avatar
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1 vote
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How to avoid Central Banking System in a country?

I live in Indonesia where all banks is likely under a central bank. As we know that the central bank still applies interest rate, so all the 'sharia labelled' banks in Indonesia is still affected by ...
Rafid's user avatar
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2 votes
0 answers
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Need loan to expland business operation

I am running a business and I would like to take loan from a bank to buy larger property for business expansion. The property reamins with bank as collateral until debt is paid off. Bank asks for 10%...
Faiz Mohamed Haneef's user avatar
6 votes
2 answers
414 views

Can I exchange notes to coins but for a lower amount?

There are situations when we are need of coins. At times,some touts like to take advantage of the situation and take a fee to the exchange from us. For example: For a bill of $10, they return only $9....
Ahmed's user avatar
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3 votes
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Take interest and give away stuff instead [closed]

If I have 300 USD of interest in cash and a jewellery of 300 USD from halaal money, if I need cash right now, can I give the jewellery to charity instead and take the interest money?
Christophe's user avatar
1 vote
2 answers
174 views

Buying a house with interest?

I thought about it and if I want to buy a house in Germany, there is nearly no way that you buy it without interest. The exception is when you are wealthy. I know that bank interest is haram and I ...
user avatar
1 vote
1 answer
345 views

Is it riba if I bought something from a vending machine but it didn't accept my payment?

At the vending machine in our school, i got a hot chocolate. I wanted to pay, but the machine didn't let me. And you also have to pay with credit card. What am I supposed to do?
sml fan since 2010's user avatar
2 votes
0 answers
104 views

Why is there no worldly punishment prescribed for dealing with interest?

It seems that interest ( riba) was said to be worse than adultery. I am wondering if that's the case, why is there no worldly punishment prescribed for ones who engage in interest but yet adulterers ...
John Doe's user avatar
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