It is not permissible to impose a penalty for delay in praying off a debt
Bank’s interest is called riba (usury) in sharee’ah
Should he go for an interest-based mortgage if that is cheaper than renting?
Transferring money from one currency to another
It is not permissible for the vendor to charge extra to the one who makes late payments
Ruling on taking an interest-based loan for an urgent need
This is the essence of ribaa
Ruling on buying a mosque with an interest-based loan
Lender referring a third party to debtor for extra money
He wants to bring in a person to take his place in a ribaa-based investment bank account to save himself
Our newsletter
To join our newsletter please add your email below
IslamQA App
For a quick access to our content and offline browsing