Can I use the Credit Card, if I duly pay the Bills without Paying Interest (Riba) ?

The first question of Fatwa no. 7425 Q 1: There is a card which facilitates financial transactions in Western countries, as it helps a person to do without carrying cash with them. A person can purchase any goods they want with this card, then at the end of each month they receive a bill with …

Riba (Interest) – Al-Mulakhas al-Fiqhi | Shaykh Salih Fawzan – Abu Muhammad Al Maghribee [Audio|En]

This topic is covered in Volume 2 of the above Book This is the weekly Monday evening class on the book Al-Mulakhas al-Fiqhi by Shaykh Salih al-Fawzan. We begin with the Book of Trade Transactions, Chapter 6: Riba. You may download a copy of the original Arabic text here: الملخص الفقهي As with all of our classes …

Prohibition of taking Ar-Riba (The Usury)

Chapter 287 Prohibition of taking Ar-Riba (The Usury) Allah, the Exalted, says: "Those who eat Ar-Riba (the usury) will not stand (on the Day of Resurrection) except like the standing of a person beaten by Shaitan (Satan) leading him to insanity. That is because they say: `Trading is only like Ar-Riba, whereas Allah has permitted …

The Interesting Dream of the Prophet Sallalahu Alahi wa Sallam – Sahih Bukhari

The Dream of the Prophet Sallalahu Alaihi wa Sallam Sahih Bukhari Volume 9, Book 87, Number 171: [Interpretation of Dreams ] : Narrated Samura bin Jundub: Allah’s Apostle very often used to ask his companions, “Did anyone of you see a dream?” So dreams would be narrated to him by those whom Allah wished to tell. One morning the …

The Ruling about having shares in companies and banks – The Permanent Committee

Question: What is the ruling about having shares in companies and banks'? And is it permissible for a shareholder (in a company or a bank) to sell shares, specifically after he has become a shareholder himself, to offices dealing in buying and selling (stockbrokers)? And from that which is possible is selling them (the shares) …

Having shares in the Islaamic Bank – The Permanent Committee

Question: The Islaamic Bank has shares for sale and the value of each share is one hundred and ten US dollars ($110). And that which we have understood is that the bank in question does not trade in ribaa and that the money from the sale of the shares will be used in trading activities …

Ruling about life and property insurance : Ibn Baz

 Question: What is the ruling on Insurance, wether it be life insurance or property insurance? Answer: Insuring one's life and property is forbidden; it is not permissible due to the fact that Al-Gharar (Uncertainty, Risk or Speculation) and usury are involved therein. And Allah - the Almighty the All-Powerful - has forbidden all types of …

Forbidden Business Transactions : Shaikh Saalih Al-Fawzaan

A Transcribed Lecture of Shaikh Saalih bin Fawzaan Al-Fawzaan Translated by abu maryam isma’eel [Dowload PDF of Forbidden Business Transactions in Islaam- Shaykh Fawzan- Al-Ibaanah.com] Introduction to the Book All praise is for Allaah and may the peace and blessings of Allaah be on His Final Messenger, his family and those who follow him in …

Buying goods using debit cards : The Permanent Committee

Question: I hope your excellencies can advise us about using Saudi Net (debit) cards when buying items from stores in the following manner: When the total sale price is agreed upon, for example SR150 (riyals), the card is presented to the salesman who passes ("swipes") it through a machine he has in the store. The …

Receiving Monthly Pension after Retirement from Public Sector

Q 3: What is the islamic ruling on someone who works in the public sector, although we all know that most of the money of the government is the produce of usurious dealings and alcohol selling. Is it lawful to have a government job? Civil workers seek to benefit their family from the pension they …

A new convert paying to the bank its dues before entering Islam – Permanent Committee

Q: The submitter says he has recently converted to Islam. He had bought a house before he converted to Islam through a transaction widely prevailing in the West. To clarify, he paid a certain amount of the price in advance and borrowed the remainder on credit. Knowing that a Muslim may not pay or receive …

Making Ribaa (interest) permissible in the west – Shaykh Ahmed al-Wasaabee

Shaykh Ahmed al-Wasaabee warns us of evil callers who make ribaa "halal," evil callers such as Qaradaawe, Siraaj Wahhaaj Question to Shaykh Ahmed al-Wasaabee: Some youth try to tell us that ribaa (interest) in the west is permissible. And they attribute this to al-Qaradaawee. So what is the ruling on the one who follows these …

Ruling on medical insurance made by institutions and companies on the employees and their families – alifta

Source : alifta.com - Issued by the Permanent Committee Q: Some private companies and businesses offer medical insurance to their employees and their families. To provide this service, they make an agreement with some private hospitals. This agreement is as follows: 1- The company pays the hospital a fixed monthly amount of 100 Riyals for …

Buying Shares in Companies which Deals with Riba (interest) – Shaykh Muhammad ibn Saalih al-‘Uthaymeen

Shaykh Muhammad ibn Saalih al-‘Uthaymeen (may Allaah have mercy on him) was asked about the ruling on buying shares in companies. He replied: Buying shares in companies is subject to further discussion, because we have heard that they put their money in foreign banks, or quasi-foreign banks, and take interest on it, which is a …