Interest

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I work for a life assurance company dealing with bonds, pensions and life assurance. I work as an administrator taking quote details and answering phone calls but do not directly sell to people. What is the position with my income? Do I have to leave this Job?

Shaykh Muhammad ibn AdamRead

Hidden Interest and Confusion

Shaykh Muhammad ibn AdamRead

Endowment Policies

Shaykh Muhammad ibn AdamRead

Question on the Fiqh of Financing

Shaykh Muhammad ibn AdamRead

Is my Job Permissible?

Shaykh Muhammad ibn AdamRead

Car Membership and Insurance

Shaykh Muhammad ibn AdamRead

I want to ask about this justification which I use based on understanding of some Ulema and majorly my own understanding, which I think could be wrong too, but if Ulema of Sunni Path concur then Insha ALLAH I will stick to it firmly, its about Riba and I want it to be clarified because Insha ALLAH I would be getting into Business field very soon. If a Bank gives you Service and takes a certain amount of money from you then would it be considered as Riba? Like for instance I am a Bank who says to Person X that I will secure your money of Rs 10,000 for the time period of 1 year and in return I take a calculated and fixed amount of money say for example Rs 1000, would this be considered as Riba? My Second Question is regarding Loan, for instance I take loan of Rs 10,000 from a Bank and the Bank says it will charge me Only Rs 1000 at the end of tenor and I will have to return the money in any case even if my business goes in loss would that be considered as Riba?, because usually what happens in Pakistan is that you have to payback the loan with interest so kindly distinguish between these 2 kind of situations.

Shaykh Muhammad ibn AdamRead

Giving Zakat in the form of Salary

Shaykh Muhammad ibn AdamRead

Selling Cigarettes in one’s Newsagents Shop

Shaykh Muhammad ibn AdamRead

Islamic Althernatives for Mortgage

Shaykh Muhammad ibn AdamRead

Collecting Interest Money in the Masjid

Shaykh Muhammad ibn AdamRead

Buying a Car on Loan with a Higher Price

Shaykh Muhammad ibn AdamRead

Goverment Benefits for House-Mortgage

Shaykh Muhammad ibn AdamRead

I would like to know if it is ok to invest in the stock market, or work as a stock broker

Shaykh Muhammad ibn AdamRead

Purchasing a House which still has an Interest Bearing Loan

Shaykh Muhammad ibn AdamRead

Partnership and Taking out an Interest-Based Loan

Shaykh Muhammad ibn AdamRead

Murabaha House Financing Scheme

Shaykh Muhammad ibn AdamRead

Paying Car Insurance with Interest Money

Shaykh Muhammad ibn AdamRead

Donating Life Insurance Policy Money

Shaykh Muhammad ibn AdamRead

About Interest (riba) with Parents

Shaykh Muhammad ibn AdamRead

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