سود اور سرمایہ کاری

میں ایک ریٹائرڈ آدمی ہوں، میری کچھ سیونگ ہے، میں اس کو کہاں انویسٹ کروں؟ پاکستان میں سارا نظام سود پر چل رہا ہے، اور سود کو آپ حرام قرار دیتے ہیں۔ میرے روز مرہ کے کچھ اخراجات بھی ہیں اور Inflation بھی ہے جو کہ آج کل پچیس فی صد ہے۔ اس طرح تو میری رقم دن بدن کم ہوتی جائے گی اور آخر میں بالکل زیرو ہو جائے گی؟ آپ ایسے لوگوں کو کیا مشورہ دیں گے؟

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Evil Of Devouring Usury

I wanted to understand why God Almighty has said that people who deal in usury are at war with God and his Prophet (pbuh)? Why God and his Prophet (pbuh) are not at war with rapists, murderers, hypocrites and other culprits? Why interest is so heinous a crime compared to other misdeeds?

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Islamic Banking In UK

I want to bring into your attention a major issue which is related to Islamic banking in UK. A number of Muslim families in west take mortgages (loan) to purchase houses, where the bank charges interest (riba) on the loan. Recently, there are few banks such as HSBC and Islamic bank of Britain who started offering Islamic mortgage based on the concept of Ijara. I have been trying to understand this framework and there are arguments on both sides. Please see the article against these so-called Islamic mortgages.

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Accountancy And Interest

I am a qualified accountant in London. Being an accountant some way or the other you have to do bookkeeping for interest accounts or other accounts which have an interest element in them. There is hardly any institution here which is 100% free from interest or interest related accounts even if they are trading in permissible commodities. There is interest involved in acquiring machinery, premises, cars, loans and others for a business in every organization. The financial system in almost all the countries seems to be somehow based on interest. I would like you to tell if my earnings as accountant are ḥalāl in this situation. I put my confusion below:

Is it ḥarām to calculate and record transactions which are fully or partially related to interest (I do not like it but I have to do this as an accountant) when I am not involved in transactions myself but my company. It does not represent the majority of my work. And is it ḥarām to check or audit such transactions? As an accountant in my situation which part of Hadīth (Sahih Muslim, No. 3881) applies to me, the one who witnesses or the one who records interest or both or none?

Jabir said that Allah's Messenger (sws) cursed the accepter of interest and its payer, and one who records it, and the two witnesses, and he said: They are all equal.

There are rare Islamic institutions. Even the people who build and run these institutions do not come from 100% Islamic institutions otherwise they will not have the practical exposure to manage such institutions. Secondly Islamic institutions are required to be linked with e.g. central banks which are not Islamic. Is it still ḥalāl to work there? Is it ḥalāl to teach accounting qualifications which are not 100% Islamic e.g. teaching about interest as a part of the course? If I have a ḥalāl business I will have to have my accounts and audit done to pay the tax. Would it be ḥalāl to go to such accountants then as I do not think there is any Islamic accounting or auditing firm in the world?

There is hardly any recognized and established Islamic accounting qualification. Islamic institutions to work in are very limited in number. Even to get a job there you need education and experience from institutions which will not be 100% Islamic. If it is still not ḥalāl to work as an accountant there then Muslim ummah will have to give up accounting knowledge to a large extent as there are not enough Islamic platforms available to get 100% Islamic either accounting knowledge and jobs. For instance if I have a child I will never want him to be an accountant because there is no certainty that he will be able to get 100% Islamic accounting qualification and then a 100% Islamic accounting job.

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The Beautiful Loan

I want to know what does qarz-e-hasna mean? Is the person taking it, supposed to return it back to his creditor?

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Purpose Of The Worldly Life

Here are my questions:

1. What is the purpose of my life, why I am here? What am I suppose to do during my stay on this planet earth or during this phase of my life?
2. Can we eat the food which is sent to us by the People of Book especially meat e.g Kosher or animal killed by Christen standards?
3. What you think about the interest which we pay on our house mortgages, is that wrong or ok to pay because every family needs at least one home to live in.
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Working In The Administration Of Bank

I have an option to work in the HR function of a commercial Bank. However, I feel one should avoid working for a bank as it deals in something which is haram i.e. interest My parents view is that interest was made haram because in those days individuals used to exploit the poor through this but now banks lend usually to people who use the money to make more money so there is no exploitation. Please shed light on this issue.

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Buying Property On Instalments

Are we allowed to purchase property in a non-Muslim country on instalments where the matter of bank interest (riba) is involved?

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Saving Certificates And Riba

Would saving certificate schemes be considered as Riba (interest)?

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Bankruptcy In Islam

I am overloaded with debt from Credit Cards and medical bills and my income is less than my monthly expenses and I own very little. My only option is bankruptcy. I am very regretful about getting involved in a credit system which involves interest and for not being able to pay back my debt. At this point I don't have much choice. I was listening to a lecture by a renowned scholar who said: "Debt is not forgiven". I am very worried about this and want to seek Allah's forgiveness. Please advise me about what to do when bankruptcy is my only option. How do I seek forgiveness from Allah for my sin? Please help me brother. I am very worried.

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Paying Interest And Home Loans

Is it permissible for the Muslims living in western societies (Australia in my case) to use interest based finical products, such as home loan? Some people say that it (home loan) is totally haram. But we seem to have no other option. After all, we need to buy a house of our own. We can't pay rent for the rest of our lives, can we!

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Bank Job Involving Credit Cards And Balance Transfer

I work for a bank and deal with credit card balance transfers. I offer customers of other banks to transfer their balance on other credit cards over to the cards of my bank by offering them lower interest rate. What is Islamic verdict on my nature of job?

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Drinking, Insurance, And Interest

I have a few questions. My first question relates to the consumption of alcohol. I know it is haram. But living in a western country, where it is part of the social life, one has to mix with the people who drink. I have been avoiding drinking but attended parties and social gatherings where wine is served. Recently I came across a book where it was written that Hadrat Umar (sws) used to punish those people who attended parties like these. Where does Islam stand on this?

Could you please guide me about the Friday Prayers? Is it true that if I missed three in a row I am no more a Muslim? I also wanted to share that I have to pay my car insurance and for this purpose I have to pay interest. Are there exceptions for Muslims who are living in non-Muslim countries?

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Fixed Deposit And National Saving Schemes

Is it allowable to:

  1. keep money as a fix deposit for five years in the bank and received a specific percentage on that amount and
  2. keep the amount in Pakistan government policy Qawmy Bachat Scheme?
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Buy A Care With Installment Payments

I want to ask can I buy a car in instalments from a bank. Would it be licit (halal) or illicit (haram)? Furthermore, what is exact principal stand of Islam about interest? I read your article about interest, and as far as my understanding of your article is concerned, it declares interest halal as long as both the parties are agreed and it brings no financial burden on receiver. Correct me if I am wrong. My second point is not exactly a question. I will be heading to Australia in January next year. I want to preach Islam. Kindly suggest me few books which clarifies prevalent misconceptions about Islam especially related to woman, interest, jihad and social dealings. And also suggest an authentic exegesis (tafseer) of the Qur’an which I will refer to and recommend to my colleagues in Australia if they are interested in understanding the Qur’an.

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Does Giving Away The Earned Riba Render It Allowable?

It is said that interest earned on savings in bank account if given to deserving people is allowed in Islam and it does not fall within the ambit of riba. Pease comment on this view.

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Is Taking Interest Punishable?

I was thinking in terms of any Ta’zeer punishment or Hadd for the one who consumes riba, haram meat, meat of dead-haram animals as there were Hadd punishments for various acts in the Qur’an. Since there are very serious warnings for consuming riba (consuming), but without any worldly punishment.


If my understanding is right then please explain why it is hadd punishment for theft and not for riba? If there is some punishment for riba then will the Interest (riba) payer be equally treated with same punishment? Please note my question is regarding worldly punishment.
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بینک کی ملازمت اور سود

بنک کی ملازمت، کیا سود کی دستاویز لکھنے اور اس کی گواہی دینے کے زمرے میں آتی ہے؟

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قرض کی رقم پر منافع لینا

کسی آدمی کو اگر اس صورت میں قرض دیا جائے کہ اصل رقم تو ہر حال میں مقروض کے ذمہ رہے، مگر اس رقم سے منافع کی صورت میں اسے بھی منافع میں شریک کیا جائے۔ کیا ایسا کرنا ٹھیک ہے؟

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بینک کی ملازمت

کیا موجودہ دور میں بینک کی ملازمت کرنا جائز ہے؟

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