Question: Our eminent Ameer, may Allah preserve him and forgive his sins, Assalamu Alaykum wa Ramatullahi wa Barakatuhu Someone opened an interest-based bank account in one of the nowadays existing (usurious) banks and later realized that riba [interest] was added to his account. We know that Allah سبحانه وتعالى says in the explicit part of … Continue reading Q&A: Disposing of Riba [Interest] Money
Tag: Bank
Q&A: Concerning Riba [Interest] Based Money
The Answer to the QuestionConcerning Riba [Interest] Based MoneyTo: Ibrahim Abu Fathi(Translated) Question: Our eminent Ameer, may Allah preserve him and forgive his sins, Assalamu Alaykum wa Ramatullahi wa Barakatuhu Someone opened an interest-based bank account in one of the nowadays existing (usurious) banks and later realized that riba [interest] was added to his account. … Continue reading Q&A: Concerning Riba [Interest] Based Money
Q&A: Is it permissable to use Credit cards?
The following is a draft translation from Arabic. Question: Is it permissable to use Credit cards? Answer:Credit cards are of different types: In one of its types, the card holder would have a certain amount of money in the bank that issues such card (debit card). The card holder would then make purchase by using the … Continue reading Q&A: Is it permissable to use Credit cards?