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Answers: 43Ribaa (interest or usury) & Money Exchange
- Difference between Riba-based Banks and Islamic BanksIslamic 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.48,505
- It is not permissible to sell gold for cash with a delay in payment6,365
- A detailed response to the arguments of those who regard it as permissible to deal in riba with the disbelievers in their countries62,840
- He is very distressed because of his father’s dealing in riba (usury)28,669
- Taking interest and offsetting losses with riba22,192
- He has repented from dealing with a riba-based bank but he does not know what his capital was10,536
- Ruling on depositing money in riba-based banks11,150
- Ruling on getting back a loan from interest-based money8,190
- Is it permissible for him to inherit property that was bought with a riba-based loan?20,629
- Where should he deposit his mon\ey in these times when riba is so widespread?35,025
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