Islaam Against Terrorism
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  • Sudais calls for measures to counter anti-Islam campaign 8th June 2018
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Category: Ribaa

Proposing marriage to a woman whose father works for a bank

Fatwa, Fatwa Focus, Interview & Proposal, Ribaa, The Permanent Committee for Islaamic Research & Verdicts 17th May 200422nd February 2017 Abu 'Abdullaah

I am a practising young Muslim man, al-Hamdu-Lillaah, and I want to marry a [particular] practising young woman. However, there is a problem in her home, and that is, her father works for one of the ribaa-based banks.

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Depositing money in a bank for safe keeping

Fatwa, Fatwa Focus, Ribaa, Shaykh ‘Abdul-’Azeez ibn Baaz, Transactions 18th July 200122nd February 2017 Abu 'Abdullaah

Is it permissible for whoever has a lump sum of money to put it in a bank with the intention for safe keeping, and whenever the zakaah is obligatory upon that sum of money he extracts the required amount and gives the zakaah? Please advise us, and may Allaah reward you with good.

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Using ribaa funds for good causes

Fatwa, Fatwa Focus, Forbidden Wealth, Ribaa, Shaykh ‘Abdul-’Azeez ibn Baaz 18th July 200122nd February 2017 Abu 'Abdullaah

I had shares in a bank which deals with ribaa, and then I sold them and earnt a profit. And now, some time has passed and I do not know what to do with it (the profit). So what do you advise me with? And may Allaah reward you with good.

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Circumstances compel him to work for a bank which deals with ribaa

Employment, Fatwa, Fatwa Focus, Ribaa, Shaykh ‘Abdul-’Azeez ibn Baaz 18th July 200122nd February 2017 Abu 'Abdullaah

What is the ruling regarding someone whose circumstances compel him to work in a bank or [any] local money exchanges in the Kingdom [of Saudi Arabia]…

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Depositing money in a bank which does not deal with ribaa

Fatwa, Fatwa Focus, Ribaa, Shaykh ‘Abdul-’Azeez ibn Baaz, Transactions 18th July 200122nd February 2017 Abu 'Abdullaah

So is there any sin upon us in leaving this money in the bank, knowing that we extract the zakaah which is due upon it?

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Transferring money via banks which deal with ribaa & using the ribaa for good causes

Fatwa, Fatwa Focus, Ribaa, Shaykh ‘Abdul-’Azeez ibn Baaz, Transactions 18th July 200122nd February 2017 Abu 'Abdullaah

Is it permissible to take ribaa from these banks and donate it in charity to the poor and build charitable homes, etc., instead of leaving it with them?

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The ruling regarding the salary of bank employees

Fatwa, Fatwa Focus, Forbidden Wealth, Ribaa, Shaykh ‘Abdul-’Azeez ibn Baaz 18th July 200122nd February 2017 Abu 'Abdullaah

Is the salary which the employees of banks in general receive, and Arab banks specifically, halaal or haraam, since I have heard that it is haraam because the banks deal with ribaa in some of their transactions?

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Working for a company which takes a loan from a bank which deals with ribaa

Borrowing & Lending, Fatwa, Fatwa Focus, Ribaa, Shaykh ‘Abdul-’Azeez ibn Baaz 18th July 200122nd February 2017 Abu 'Abdullaah

I am an accountant in a trading company, and this company is forced to take out loans from a bank which deals in ribaa. Then a copy of the loan agreement comes to me to confirm the company’s debt and register it in the books.

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Working for a bank which deals with ribaa

Employment, Fatwa, Fatwa Focus, Ribaa, Shaykh ‘Abdul-’Azeez ibn Baaz 18th July 200122nd February 2017 Abu 'Abdullaah

The son of my maternal uncle works for the Bank al-Jazeerah as an employee. So is it permissible for him to work there or not?

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Profits from selling shares in interest-based company

Fatwa, Fatwa Focus, Forbidden Wealth, Ribaa, The Permanent Committee for Islaamic Research & Verdicts 3rd February 200022nd February 2017 Abu 'Abdullaah

So, is it permissible for me to take this money as it is [if I sell my share], knowing that the shares in Riyad Bank were bought without our knowledge all this time?

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