Categories
Marriage
Subcategories: 6
Subcategories: 6Calling non-Muslims to IslamView›
Answers: 7Subcategories: 4
Answers: 7Subcategories: 4Jurisprudence of Acts of WorshipView›Answers: 1Subcategories: 5
Answers: 1Subcategories: 5Contemporary TransactionsView›Answers: 7Subcategories: 7
Answers: 7Subcategories: 7The Muslim WomanSubcategories: 16
Subcategories: 16CounsellingView›Answers: 2Subcategories: 7
Answers: 2Subcategories: 7Jurisprudence of Muslim MinoritiesView›Answers: 6Subcategories: 6
Answers: 6Subcategories: 6Ramadaan Q&AView›Answers: 1Subcategories: 9
Answers: 1Subcategories: 9Belief in the Last DayView›Answers: 7Subcategories: 6
Answers: 7Subcategories: 6Ribaa (interest or usury) & Money Exchange
Difference between Riba-based Banks and Islamic Banks
Islamic banks are based on permissible transactions such as selling, buying, profit sharing, partnerships and other Islamically-acceptable forms of investment. The interest-based system on which commercial banks are based is a prohibited system that is based on lending and borrowing with Riba.48,097It is not permissible to sell gold for cash with a delay in payment
6,280A detailed response to the arguments of those who regard it as permissible to deal in riba with the disbelievers in their countries
62,540He is very distressed because of his father’s dealing in riba (usury)
28,579Taking interest and offsetting losses with riba
22,136He has repented from dealing with a riba-based bank but he does not know what his capital was
10,514Ruling on depositing money in riba-based banks
11,125Ruling on getting back a loan from interest-based money
8,161Is it permissible for him to inherit property that was bought with a riba-based loan?
20,577Where should he deposit his mon\ey in these times when riba is so widespread?
34,914
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