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intrest is not reliable in Islam it is fobidden

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13y ago

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Is interest money is correct in islam?

Interest money is haraam in Islam !


What is ribba?

riba means interest and is forbidden in islam.


Why services charges as an alternative of interest are neither the true spirit of Islam nor from economic point of view?

Why services charges as an alternative of interest are neither the true spirit of Islam nor from economic.


Is interest is halal or haram?

Charging interest is haram in Islam. We try our best not only to not charge interest, but to avoid paying interest. So, always try to find things 0% interest.


What has the author Ziaul Haque written?

Ziaul Haque has written: 'Islam & feudalism' -- subject(s): Economic aspects, Economic aspects of Islam, Economics, Interest, Interest (Islamic law), Islam, Profit, Religious aspects of Economics 'Landlord and peasant in early Islam' -- subject(s): Land tenure (Islamic law), Law and legislation, Sharecropping


Where can you locate a reliable loan payment interest calculator?

There are various places to locate reliable loan interest calculator. Your local bank is probalby the best place, but GoogFinance also offers a good quality one.


Is traditional interest based banking haram from the Islamic viewpoint?

Yes, interest, or "ribba", is haraam. This is because one is making money without earning it.


In which religion is paying interest on a loan or credit card banned?

Islam. You have to call it something else.


Is logos bible software a reliable software?

Yes, this software is very reliable. It is reccommeneded for both beginners and very serious Bible scholars. It is safe, and reliable to use for all levels of interest.


Which investments are ethically approved by the Islam?

The investments that are ethically approved by the Islam are those that are free of interest, speculation, and gambling. Investments must be approved by an independent Shari'ah board.


Against religion Muslims borrow money with interest?

Yes, borrowing money with interest is forbidden in Islam. Even borrowing money is seen as something unfavourable.


Is it haram to pay interest on a car purchase?

Yes, paying interest on a car purchase is considered haram in Islam as it involves riba (usury), which is prohibited in Islamic finance.