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MarriageSubcategories: 9
Marriage
Subcategories: 9
Calling non-Muslims to IslamView›Answers: 7Subcategories: 4
Calling non-Muslims to Islam
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Subcategories: 4
Sound beliefView›Answers: 6Subcategories: 6
Sound belief
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Subcategories: 6
Jurisprudence of Acts of WorshipView›Answers: 1Subcategories: 5
Jurisprudence of Acts of Worship
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Subcategories: 5
The Muslim WomanSubcategories: 16
The Muslim Woman
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CounsellingView›Answers: 2Subcategories: 5
Counselling
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Subcategories: 5
Jurisprudence of Muslim MinoritiesView›Answers: 6Subcategories: 6
Jurisprudence of Muslim Minorities
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Subcategories: 6
Ramadaan Q&AView›Answers: 1Subcategories: 12
Ramadaan Q&A
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Answers: 1
Subcategories: 12
Ribaa (interest or usury) & Money Exchange
Difference between Riba-based Banks and Islamic Banks
Islamic banks are based on permissible transactions such as selling, buying, profit sharing, partnerships and other Islamically-acceptable forms of investment. The interest-based system on which commercial banks are based is a prohibited system that is based on lending and borrowing with Riba.48,505It is not permissible to sell gold for cash with a delay in payment
6,365A detailed response to the arguments of those who regard it as permissible to deal in riba with the disbelievers in their countries
62,840He is very distressed because of his father’s dealing in riba (usury)
28,669Taking interest and offsetting losses with riba
22,192He has repented from dealing with a riba-based bank but he does not know what his capital was
10,536Ruling on depositing money in riba-based banks
11,150Ruling on getting back a loan from interest-based money
8,190Is it permissible for him to inherit property that was bought with a riba-based loan?
20,629Where should he deposit his mon\ey in these times when riba is so widespread?
35,025