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    Answers with Tag: RIBA

    Invested money with real estate broker – buying 6 lands will have a profit of 10-12%, if I need to withdraw my money earlier before completion of project, I’ll get my money back with only 5% profit

    Is it allowed to give loan to a person(without interest) to a person who has already taken a loan with interest

    Questions regarding the disposing of RIBA…1. Is it permissible to use RIBA money to renovate & upgrade the living quaters of my servants/maids.

    I need you to examine my research on LARIBA Islamic Financial institution. Will it be permissible according to Sharia to purchase a house with LARIBA

    Are Preferential shares allowed?

    Presently my brothers are in banking profession too. Q1. Is the money halal now? Am I obliged to earn money while studying in Madressa or should I start earning after the completion of my studies?

    Meezan Bank Limited is promoting itself as a riba-free commercial bank in Pakistan. Can I invest my savings in its Mudaraba & Musharika accounts?

    Is it permissblible for me too request for a discount on my goods from asomeone who has borrowed money from me…?

    What should I do with a flat which I bought with an interest-carrying home loan? Is it permissible to pay it off as quickly as possible or should I sell it immediately to rid myself of riba?

    Please explain in detail the definition of Riba.

    I recently got admitted into medical school and I am looking to finance it. Is the army an option?

    Is repaying a loan at rate of inflation (i.e. index linked) halal or is that same as paying interest (riba)

    Taking interest bearing loan.

    Can you please tell me where I can invest my money without coming close to riba or any kind of haram?

    Buying Land for Masjid on Interest (Riba)