What is the ruling about having shares in companies and banks’?
Tag: bank
Buying a car on hire purchase (HP)
O Shaykh, may Allaah bless you with good health.
Working with someone whose sustenance is from prohibited wealth
What is the ruling about working with someone whose sustenance is from prohibited wealth? And what is the ruling of eating [from the provision] of this person at gatherings?
Money in the bank for safekeeping, but I don’t take interest
Is it permissible for a Muslim [living] in a non-Islaamic country to deposit his money in a bank, and receive non-Sharee’ah compliant profits, [bearing in mind] there are no Islaamic corporations in…
A millionaire
Shaykh al-Albaanee personally helped a widow burdened by an interest-bearing bank loan after her husband’s death.
Working nights as a security guard for a bank
He has been working for one of the banks for a period of ten years, and he [recently] learnt that working for banks is not permissible.
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…
Working in Islaamic banks and investment companies
Is working in Islaamic banks or Islaamic investment companies permissible, and is the salary [of the one who does] halaal?
Some Banks announce that they are an Islaamic bank
Some of the banks announce about themselves that they are an Islaamic bank, and that they do not deal with interest.
Depositing money in interest-based banks
What is the ruling regarding the profits (interest) from interest-based banks?