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    Answers with Tag: usury

    Shariah ruling on lawyers

    Is keeping the name Riba Enterprises despite its meaning of interest acceptable in Islam, given your niyat?

    Is it permissible to work in a private non-Islamic bank in the Credit department?

    Is taking a loan from a bank wrong for Muslims in a non-Islamic country?

    Is it permissible to accept money from an insurance company due to an accident?

    How can I separate my interest money from my salary money?

    Can I use interest to pay for an extra semester of fees?

    What should I do now that there is no Islamic bank to give me an educational loan?

    Is selling general insurance policies allowed in Islam?

    Can I Work at Bank Which Works With Riba?

    I would like to know if it is permissible to buy and sell gold for profit. My understanding in the past has been that transactions where a certain amount of gold is purchased at one price and the same amount sold at another (higher price) are not permissible as the money comes into the category of riba. Is this correct? I have an opportunity to buy into Gold index fund. These are funds/stocks that are based purely on the price of gold. The price of these funds will fluctuate depending on the price of gold. Am I allowed to invest in such funds?

    Working as an advisor for a life insurance company

    Working as a broker for halal car insurance

    What should a person do with interest money?

    What is the ruling on interest?