Reference: Fataawa Noor ‘alad-Darb – Question No.6293, Page 122, Volume 12 Question: Does repentance expiate [the sin of dealing with] ribaa? Response: Repentance expiates everything, and wipes away [the sin of] what has [since] passed – [whether it be] ribaa or other than it. However, regarding ribaa, Allaah تعالى says: {But if you repent, you may […]
Search Results for: ribaa
Renting a trading establishment to a bank which deals with ribaa
I own [some] stores located on al-Hijaaz Road, and the National Bank has offered to rent them; [so] since this bank is amongst those banks which deal with ribaa, would it be permissible for me to rent [these stores] to this bank and those like it which deal with ribaa? Please provide us with a fatwa, and may Allaah reward you [well].
Using ribaa funds for good causes
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.
Circumstances compel him to work for a bank which deals with ribaa
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]…
Depositing money in a bank which does not deal with ribaa
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?
Transferring money via banks which deal with ribaa and using the ribaa for good causes
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?
Working for a company which takes a loan from a bank which deals with ribaa
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.
Working for a bank which deals with ribaa
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?
Having shares in companies and banks
What is the ruling about having shares in companies and banks’?
Profits from selling shares in interest-based company
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?