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Islamic finance

From the Decisions of the Figh Academy regarding Paper Currency
From the Decisions of the Figh Academy regarding Paper Currency

From the Decisions of the Figh Academy regarding Paper Currency All praise is due to Allâh alone, and may blessings and...

He sold the Product for more than its Price for payment to be received later
He sold the Product for more than its Price for payment to be received later

He sold the Product for more than its Price for payment to be received later Question :I bought a car for 12,100 riyals...

The ruling on the Worker taking a Percentage of the Profit
The ruling on the Worker taking a Percentage of the Profit

The ruling on the Worker taking a Percentage of the Profit Question :I have a friend who opened a small business and he...

This Contract is correct
This Contract is correct

This Contract is correct Question :A person took a sum of 10,000 from another person with an agreement that he would bu...

The ruling on taking a Down Payment
The ruling on taking a Down Payment

The ruling on taking a Down Payment Question :What is the ruling on the seller taking a down payment if the sale has no...

The ruling on selling Dollars on installment payments
The ruling on selling Dollars on installment payments

The ruling on selling Dollars on installment payments Question :I want to buy 10,000 American dollars from a specific p...

The ruling on selling Food for its same type, but of different Qualities, like Wheat and similar things
The ruling on selling Food for its same type, but of different Qualities, like Wheat and similar things

The ruling on selling Food for its same type, but of different Qualities, like Wheat and similar things Question :Our l...

The ruling on selling a Sheep that is present for two or three Sheep to be given later
The ruling on selling a Sheep that is present for two or three Sheep to be given later

The ruling on selling a Sheep that is present for two or three Sheep to be given later Question :Is it permissible to s...

The ruling on doing Business with Gold
The ruling on doing Business with Gold

The ruling on doing Business with Gold Question :What is the ruling of someone who does business with gold, meaning he ...

The ruling on exchanging a Meter for two Meters of Garments
The ruling on exchanging a Meter for two Meters of Garments

The ruling on exchanging a Meter for two Meters of Garments Question :Is it permissible to trade garments by exchanging...

The ruling on holding Shares in Companies that deal in Riba
The ruling on holding Shares in Companies that deal in Riba

The ruling on holding Shares in Companies that deal in Riba All praise is due to Allâh and may blessings and peace be u...

The ruling on the Son using the Wealth of his Father who indulges in Riba Transactions
The ruling on the Son using the Wealth of his Father who indulges in Riba Transactions

The ruling on the Son using the Wealth of his Father who indulges in Riba Transactions Question :Is it permissible for ...

Selling Gold for Gold, Silver for Silver, hand to hand and the same for the same
Selling Gold for Gold, Silver for Silver, hand to hand and the same for the same

Selling Gold for Gold, Silver for Silver, hand to hand and the same for the same Question :Verily, I sell and buy gold ...

The ruling on selling used Gold for new Gold while paying the difference
The ruling on selling used Gold for new Gold while paying the difference

The ruling on selling used Gold for new Gold while paying the difference Question :A man works by selling and buying je...

He bought Jewelry and borrowed its Price from the Seller
He bought Jewelry and borrowed its Price from the Seller

He bought Jewelry and borrowed its Price from the Seller Question :A person took some gold jewelry from me and the pric...

The ruling on holding Shares in Business Companies and Insurance Companies
The ruling on holding Shares in Business Companies and Insurance Companies

The ruling on holding Shares in Business Companies and Insurance Companies Question :I am a resident of Kuwait and we h...

The ruling on taking an increase more than the Capital Sum in Real Estate Shareholdings
The ruling on taking an increase more than the Capital Sum in Real Estate Shareholdings

The ruling on taking an increase more than the Capital Sum in Real Estate Shareholdings Question :A man bought a number...

The ruling on depositing Money in Banks with a specified Profit
The ruling on depositing Money in Banks with a specified Profit

The ruling on depositing Money in Banks with a specified Profit Question :What is the ruling on depositing money in the...

The ruling on transferring Money through Banks
The ruling on transferring Money through Banks

The ruling on transferring Money through Banks Question :Is it permissible for the Muslim to deal with the current bank...

This Contribution is exactly Riba
This Contribution is exactly Riba

This "Contribution" is exactly Riba Question :One of the banks made an offer to those responsible for a students' savin...

The ruling on banks that give loans with yearly interest
The ruling on banks that give loans with yearly interest

The ruling on banks that give loans with yearly interest All praise is due to Allâh alone. To proceed: The Permanent...

The ruling on the Loan with Interest
The ruling on the Loan with Interest

The ruling on the Loan with Interest Question :Is dealing with the bank Riba or permissible, because many of the citize...

The Loan with Interest is not permissible
The Loan with Interest is not permissible

The Loan with Interest is not permissible Question :I am an employee who makes a salary of about 3,048 riyals (monthly)...

The ruling on taking a Loan from a Real Estate Development Fund for someone who is wealthy
The ruling on taking a Loan from a Real Estate Development Fund for someone who is wealthy

The ruling on taking a Loan from a Real Estate Development Fund for someone who is wealthy Question :I am a man who bor...

It is not permissible to sell a Loan except for the same Price at the time of demanding Payment
It is not permissible to sell a Loan except for the same Price at the time of demanding Payment

It is not permissible to sell a Loan except for the same Price at the time of demanding Payment Question :My brother in...

Whoever borrows Money in one Currency, can he repay it with another Currency?
Whoever borrows Money in one Currency, can he repay it with another Currency?

Whoever borrows Money in one Currency, can he repay it with another Currency? Question :One of my relatives who lives i...

Every Loan that brings some Benefit is Riba
Every Loan that brings some Benefit is Riba

Every Loan that brings some Benefit is Riba Question :A man borrowed some money from another man, but the lender stipul...

The ruling on selling Currency for another Currency for Payment made later
The ruling on selling Currency for another Currency for Payment made later

The ruling on selling Currency for another Currency for Payment made later Question :I borrowed a sum of money for nece...

He borrowed Money from me and did Business with it, so may I request extra money from him?
He borrowed Money from me and did Business with it, so may I request extra money from him?

He borrowed Money from me and did Business with it, so may I request extra money from him? Question :A man borrowed thr...

The Hadith: Every loan that brings some Benefit (to the lender) is Riba.
The Hadith: Every loan that brings some Benefit (to the lender) is Riba.

The Hadith: "Every loan that brings some Benefit (to the lender) is Riba." Question :What is the ruling on giving a loa...

He died and he owed a Debt, so does his Soul still remain bound to it?
He died and he owed a Debt, so does his Soul still remain bound to it?

He died and he owed a Debt, so does his Soul still remain bound to it? Question :Whoever died and he owed a debt that h...

When is the accountability of the Deceased who is in Debt cleared from the responsibility of the Debt?
When is the accountability of the Deceased who is in Debt cleared from the responsibility of the Debt?

When is the accountability of the Deceased who is in Debt cleared from the responsibility of the Debt? Question :It is ...

It is not necessary to pay up all of the Payments of the Real Estate Bank if the heirs of the deceased or someone else agree to pay off the Loan
It is not necessary to pay up all of the Payments of the Real Estate Bank if the heirs of the deceased or someone else agree to pay off the Loan

It is not necessary to pay up all of the Payments of the Real Estate Bank if the heirs of the deceased or someone else a...

Giving Time to pay to the Person who is having financial difficulties is desired in all Transactions
Giving Time to pay to the Person who is having financial difficulties is desired in all Transactions

Giving Time to pay to the Person who is having financial difficulties is desired in all Transactions Question :Has Isla...

The ruling on imprisoning the Debtor who is having financial difficulties
The ruling on imprisoning the Debtor who is having financial difficulties

The ruling on imprisoning the Debtor who is having financial difficulties Question :I am a man who has been imprisoned ...

I cannot find the Man to whom the Debt is owed
I cannot find the Man to whom the Debt is owed

I cannot find the Man to whom the Debt is owed Question :My brother died and he owed many debts. They have been repaid,...

The ruling on renting Places to Riba Banks
The ruling on renting Places to Riba Banks

The ruling on renting Places to Riba Banks Question :I own a building and one of the banks made an offer to rent it. Si...

The ruling on renting Places for selling forbidden Music Tapes
The ruling on renting Places for selling forbidden Music Tapes

The ruling on renting Places for selling forbidden Music Tapes Question :Is it permissible for a man to rent his shop t...

The ruling on renting Places for selling Videotapes
The ruling on renting Places for selling Videotapes

The ruling on renting Places for selling Videotapes Question :I have some shops on a public street. I rented out some o...

The ruling on renting Homes and Buildings to someone who will use them for that which is forbidden
The ruling on renting Homes and Buildings to someone who will use them for that which is forbidden

The ruling on renting Homes and Buildings to someone who will use them for that which is forbidden and the ruling on wha...

The ruling on taking a Loan from forbidden Money
The ruling on taking a Loan from forbidden Money

The ruling on taking a Loan from forbidden Money Question :Is it permissible for me to borrow money from a person whose...

The ruling on whoever wants to perform Hajj and he owes a Debt
The ruling on whoever wants to perform Hajj and he owes a Debt

The ruling on whoever wants to perform Hajj and he owes a Debt Question :Is it permissible for whoever owes a debt to p...

The ruling on performing Hajj before repaying a Debt
The ruling on performing Hajj before repaying a Debt

The ruling on performing Hajj before repaying a Debt Question :I came to the Kingdom (of Saudi Arabia) with a work cont...

The Permissible Transactions and the Transactions of Riba (Interest and Usury)
The Permissible Transactions and the Transactions of Riba (Interest and Usury)

The Permissible Transactions and the Transactions of Riba (Interest and Usury) His Eminence, Ash-Shaykh 'Abdul-'Aziz bi...

The ruling on a Sale for a delayed Credit Payment and selling before Possession
The ruling on a Sale for a delayed Credit Payment and selling before Possession

The ruling on a Sale for a delayed Credit Payment and selling before Possession Question :If a person has a product, li...

The ruling on buying Products for more than their Price for delayed Payment (i.e., on Credit)
The ruling on buying Products for more than their Price for delayed Payment (i.e., on Credit)

The ruling on buying Products for more than their Price for delayed Payment (i.e., on Credit) Question :I bought a hous...

The ruling on selling Products on delayed (Credit) Payment for more than its current Price
The ruling on selling Products on delayed (Credit) Payment for more than its current Price

The ruling on selling Products on delayed (Credit) Payment for more than its current Price Question :A man sells a prod...

There is no Limit for the increase in Sales for delayed (Credit) Payment
There is no Limit for the increase in Sales for delayed (Credit) Payment

There is no Limit for the increase in Sales for delayed (Credit) Payment Question :If a man has a bag of sugar that is ...

The Price and the Condition must be known
The Price and the Condition must be known

The Price and the Condition must be known Question :What is your opinion about selling a car for 10,000 in cash or 12,0...

The ruling on Debt
The ruling on Debt

The ruling on Debt Question :A man wanted to get married, but he did not have a sufficient amount to cover the cost of ...

The Issue of At-Tawarruq
The Issue of At-Tawarruq

The Issue of At-Tawarruq Question :We hear from those who study in the Masjids that selling and buying interest payment...

The ruling on selling by Installment Payments
The ruling on selling by Installment Payments

The ruling on selling by Installment Payments Question :A person says I am a man who possesses a sum of money and I inv...

Another Fatwa on selling by Installment Payments
Another Fatwa on selling by Installment Payments

Another Fatwa on selling by Installment Payments Question :I went to one of the companies that sell cars by installment...

There is no Harm in selling by Installment Payments
There is no Harm in selling by Installment Payments

There is no Harm in selling by Installment Payments Question :The cars that are sold by the method of installment payme...

Selling Cars by Installment Payments
Selling Cars by Installment Payments

Selling Cars by Installment Payments Question :One of the brothers who does business in buying and selling cars by inst...

The ruling on buying on Installment Payments
The ruling on buying on Installment Payments

The ruling on buying on Installment Payments Question :Is a loan forbidden or not? This while knowing that some people ...

The ruling on selling Goods on Installment Payments for whoever does not really own the Goods
The ruling on selling Goods on Installment Payments for whoever does not really own the Goods

The ruling on selling Goods on Installment Payments for whoever does not really own the Goods Question :It has been not...

From the Matters of As-Salam that is permissible
From the Matters of As-Salam that is permissible

From the Matters of As-Salam that is permissible Question :If there is a person in need and he takes a sum of money fro...

The ruling on the Sale of Shares when the Ownership is shared
The ruling on the Sale of Shares when the Ownership is shared

The ruling on the Sale of Shares when the Ownership is shared Question :What is the ruling on the sale of shares when t...

The ruling on buying the Fruit of Palm Trees then selling it while it is still on the Tree
The ruling on buying the Fruit of Palm Trees then selling it while it is still on the Tree

The ruling on buying the Fruit of Palm Trees then selling it while it is still on the Tree Question :There are people w...

Profit has no fixed Limit
Profit has no fixed Limit

Profit has no fixed Limit Question :Is it permissible to buy a car whose value on the market is 30,000 riyals and the p...

The legislated Profit is according to the Custom of the Market
The legislated Profit is according to the Custom of the Market

The legislated Profit is according to the Custom of the Market Question :A friend buys a product for 60 pounds and sell...

The permissible Method of selling Gold for Gold
The permissible Method of selling Gold for Gold

The permissible Method of selling Gold for Gold Question :I went to the gold merchant with a collection of old jewelry....

He bought some Gold from me and then returned it
He bought some Gold from me and then returned it

He bought some Gold from me and then returned it Question :If a person bought some gold from me, and paid its price, an...

The ruling on verbal Representation between the Owners of the Gold Shops
The ruling on verbal Representation between the Owners of the Gold Shops

The ruling on verbal Representation between the Owners of the Gold Shops Question :Is it necessary that representation ...

The ruling on doing Business with Shares of Companies
The ruling on doing Business with Shares of Companies

The ruling on doing Business with Shares of Companies Question :What is the Islamic ruling regarding shares of compa- n...

Is this Riba?
Is this Riba?

Is this Riba? Question :A man sold sacks of rice to another man to be paid later at a designated time. So, the buyer to...

The Sale of Al-'Eenah is forbidden
The Sale of Al-'Eenah is forbidden

The Sale of Al-'Eenah is forbidden Question :If I bought a car for someone for installment payments (knowing that with ...

The Ruling on Commercial Insurance
The Ruling on Commercial Insurance

The Ruling on Commercial Insurance Question :If a businessman makes a deal with a foreign company ☑for rice, sugar or t...

Betting
Betting

Betting Question :What is the ruling on betting of some people which they claim to be right? Answer: Al-Murahanah acco...

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Beautiful Dua with translation
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