Wealth
Switch to - [ Audio]
- [ Fatwa ]
[Fatawa - Part 1
- Part 2 - Part 3 ]
“The man with an unkempt hair and is
dust-covered who is on a long journey. He raised up his hands to the
heaven (in supplication) saying: ‘O my Lord! O my Lord!’ While sources
of his food, drink and cloth are haraam and he is nourished by haraam.
How then could his supplication be accepted?” (Sahih Muslim )
Halal Earning &
Spending
Debts & Loans
Business Transactions
Riba & Related
Those who eat Ribā (usury) will
not stand (on the Day of Resurrection) except like the standing of a
person beaten by Shaitān (Satan) leading him to insanity. That is
because they say: "Trading is only like Ribā (usury)," whereas Allāh
has permitted trading and forbidden Ribā (usury). So whosoever receives
an admonition from his Lord and stops eating Ribā (usury) shall not be
punished for the past; his case is for Allāh (to judge); but whoever
returns [to Ribā (usury)], such are the dwellers of the Fire - they
will abide therein.(The Noble Qur'an - Al-Baqarah 275-281)
- Warning Against
Riba (Usury) Transactions.doc - By Shaykh Abdul Aziz ibn
Abdullah ibn Baz
Translated by Jalal Abualrub [ Download PDF here]
This is a short rebuttal
of a research written by Dr. Ibraahim bin Abdullah AnNaasir, in which
he tried his best to show the permissibility of most types of Ribaa
(usury and interest) transactions that have appeared in recent times in
the numerous financial institutions of the world. Hence, we thought
English speaking Muslims would benefit from this translated response by
Shaikh Abdul-Aziz bin Abdullah bin Baz, one of the noted scholars of
our time and a staunch supporter and defender of the Manhaj of the
Righteous Predecessors (As-Salaf As-Saalih). Shaikh Ibn Baz's response
is a refutation of the misguided effort of Dr. Ibraahim An-Naasir to
allow Ribaa transactions.
- Prohibition
of Riba from Riyadh ul Saliheen
- Credit and Debit cards
- Installments
- Insurance
- Saving Bonds or Certificates
- Purchasing
bonds that produce fixed returns
- Shares & Stocks
Inheritance and Wills
Hadiths
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