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Answers with Tag: Government

Is Coca Cola halal despite containing alcohol?

Can you provide a list of Halal, doubtful, and Haram E codes for food ingredients?

Is the interest given by the government on Defence Services Officers Provident Fund halal?

Abdul Rahman: Thoughts on Christian facing death penalty in Afghanistan?

Buying and Selling Hajj Visas in the Black Market

Going Against Unjust Muslim Rulers

Misgivings (waswasah) Regarding Hypocrisy

I always hear that one should not take or give interest. My question is, how can you start a business or deploy industry or for that matter do anything that requires capital without paying interest? Actually if you think about it, we are all getting affect by interest one way or other. Our governments go out and borrow money from IMF to pay its bills and give money to the banks for borrowing? So if the government is>borrowing money you can understand the impact it has on all citizens of that country. Please help me understand how you can setup any business in this world without borrowing money (paying interest) unless of course you are Bill Gates.

Have Salafis Taken over the Muslim World and Muslim Communities.

Giving Zakat in the form of Salary

Car Membership and Insurance

Seeking Help from non-Muslims in Major Issues

Goverment Benefits for House-Mortgage

Avoiding Paying Tax.

There are two types of bonds: 1) Prize Bonds £1 buys you 1 bond. No interest is accumulated or paid. You are always able to redeem your bonds for cash – the same amount as you paid originally. Periodically, a number of ‘prizes’ are distributed and every bond has an equal chance of winning a prize. You may win much or nothing. But you cannot lose your investment. 2) “Bonds” in the traditional sense You can purchase, for example, government bonds whereby you invest £1000, on which the government will guarantee you a 4% annual return. There is no doubt that that number 2 is purely riba-based and hence haram as you have mentioned previously on your website. My question is whether number 1 is also haram?