I am a married man with two kids. I have a decent job but I cannot save enough to build a house for my family. Here in Tunis we don't have Islamic banks, so all banks that give credit for building house charge an interest rate. Does our religion give permission in such a situation to get credit from the bank? I have to note that I called the ex-Mufti.. More
First I would like to say that I have no intention to buy a house, but many people say that taking a loan from banks and paying interest for buying a house in occidental countries when the house is not for commercial purpose is allowed. Can you please clarify this for me? wa jazaqumu ALLAHU khairan WASSALAMU ALAIKUM
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I have three small questions. Q1: If you have a bank account and you hear that you have won a big prize from the bank, is this money Halal or Haraam? If this is Haraam, what is the Ayat or Hadith that proves this? Q2: If this prize is Haraam, can it be used to help in any way (any kind of help)? Q3: If the Bank gives you something (watch, keyring, or.. More
long time ago I made a company with another man whom I met for the first time, he came from another country, he told me that he have many companies in many countries, because he is Muslim and he have a good method to talk with Qura'n and Hadeeth I think he is a honest man, I gives him my money and we begon the new company me in Holland and he from.. More
Instead of accepting interest from bank on our account, we have asked bank to sponsor on a different project in the school. What is the ruling according to shariah?.. More
1 year back I took a loan from a bank here to cover some urgent commitment at that time. Now as I still have 2 years to pay for the loan I regret the decision and read about Riba and how both the bank and I are equally mistaken. According to my reading, I know that the lender should give the extra amount of money paid for interest to Islamic affairs.. More
There is this story about Bilal... He returned once with dates...and the Prophet asked him where he got the dates. Bilal said he exchanged 2 spoiled dates for one edible one. The prophet said that this was usury (riba)...How is this so? If it is usury, is a spoiled date equivalent in value to a non-spoiled one?
Thank you.. More
I have a deposit in a Bank in Canada. I put the money in a saving account without profit. I have no choice but to put this money in Bank in Canada. Each month the Bank deducts 3.00 from my account as a charge for this type of account since the bank can not make a lot of use with my money. But over time my money becomes less and less. Please advice.. More
I had borrowed SR10000 for one year. But I could not pay it back because I did not have the money. After 20 years I have the money. Do I have to pay only 10000 or do I have to pay any more taking into consideration that the value of that amount after 20 years does not equal more than 1/10 of the value when I took the money?.. More
I'm a Muslim and I've finished my studying and I'm looking for a job, but here in Morocco it's too difficult. so there is a possibility to get money from a bank with percent (riba) to have my own business, but as I know it's forbidden. I've asked other people and they told me that it's possible as I can't find work with a firm here in Morocco. So please.. More
Asalam wa alikum. Is having credit Card Halal or Haram? There is interest in it (riba)and it's Haram . But in most of the trade transactions you have to use credit card in Canada. 2-If I want to study at the university there is a student loan Interest (Riba). Is it O.K to take a loan with (Riba) or Haram? jazakum allah kul khir.. More