02
Apr 2024
Dealing with interest is haram Dealing with interest (riba) is haram. Some might not consider this haram, but it is completely prohibited, because Allah Almighty stated in the Quran, in Surat al Baqarah: Allah has made trading lawful and forbidden usury (2:275) The prohibition of taking interest is very clear not only from the Quran but also from the Prophet’s Farewell Sermon (peace be on him) so there is no doubt about the prohibition of interest. To access and deal with interest is haram. Is the Student Loan permissible? The BBSI published......
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04
May 2021
So give your relative his right, as well as the needy and the traveller. That is best for those who desire the face of Allah, and it is they who will be the successful. (30:38) Success lies in being good to your family Here Allah Almighty is giving us a formula for success. Success comes from giving our relatives their rights. Our relatives (dhul qurba) are our immediate family and extended family. The rights might be financial obligations, or silatul Rahim, which means maintaining good relations with them. We cannot......
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17
Dec 2020
Are mortgages halal? In Islam usury is clearly forbidden. It is a major sin and is one of the seven gravest ones. Those who commit it are considered as waging war against Allah Almighty and His Prophet (peace be on him). Fiqh Councils throughout the Muslim World state that bank interest is usury. Those who take ribā (usury or interest) will not stand but as stands the one whom the demon has driven crazy by his touch. That is because they have said: “Sale is but like ribā.’’, while Allah has permitted......
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08
Feb 2019
Stuck between a Rock and Hard Place. Confused.com …about Mortgages, Insurance and Banking The Dangers of Riba Riba literally means increase. Known widely as ‘interest’ and ‘usury’, it is the charge levied for ‘using’ money. In other words, it is where one party makes a profit through lending to another party. It is the increase of money without risk and without effort. Imam Bukhari narrated that the Prophet (peace be on him) related what he saw in a dream: ‘… we came to a red river like blood, I saw a man......
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08
Feb 2019
RIBA – Worse Than Any Other Vice Neither Wrong Nor Be Wronged What is riba? How bad is it? Why did Allah Almighty ban it? Finance is so complicated now. Aren’t times different now from then. Do the ayahs on riba still apply today? At the time the Qur’an was revealed, an atmosphere of greed and exploitation prevailed and society was steeped in ‘riba’. The ayahs prohibiting riba came as a massive shock and challenge to the community. It is still a challenge for us today. What is Riba? Riba literally means increase.......
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08
Feb 2019
What Causes Du’as to be Rejected? Check Yourself When people are afflicted naturally they turn to Allah Almighty for relief. Some times that relief is not granted. I am frequently asked: How do I know if I am being tested or punished? The answer to this question lies with you. You need to analyse why an affliction is not being removed, even though you are suffering and praying so much. Could it be that you are displeasing Allah and He is giving you the chance to turn back to Him? In the famous hadith,......
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