Islamic forex fatwa
Use of Credit Cards Naveed 3rd June Ruling on buying and selling shares Naveed 3rd June Leasing a Car Naveed 3rd June Permissible to work in a riba-based bank which is converting into an Islamic bank? Naveed 3rd June Regarding Riba as Permissible? Naveed 13th February Definition of riba and ruling on work that helps with riba Naveed 8th February Ruling on dealing with mortgages in a non-Muslim country Naveed 8th February Sukuk Issuance in Africa: A Prospect for Further Growth 17th February Islamic Development Bank 15th March Sharjah 8th March First Abu Dhabi Bank 6th March Republic of Indonesia Green Sukuk 24th February Republic of Indonesia 24th February Albaraka Turk Perpetual 22nd February Al Rayan Bank 16th February There are two common forms of buying and selling by installments Like now a days, its very common that people invest in Euro to earn profits.
One broker keeps on calling me to invest USD in Euro. Is trade in currency halal? Dealing in currencies is permissible so long as the exchange takes place in the same sitting as the Is it permissible for me to work in a commercial bank until it becomes an Islamic bank? Regarding riba as permissible Question What is the ruling on regarding riba as permissible? Thank you very much. Whoever regards it as permissible is a kaafir, because the basic principle is that whoever rejects something on which there is obvious scholarly consensus is guilty of Some types of haraam transactions Question What are the types of haraam transactions?
Please quote the evidence for that. There are many types of haraam transactions, and it is not possible to list them all in this brief answer. Shaykh al-Islam Ibn Taymiyah may Allah have mercy on him mentioned a useful principle concerning this matter, which will help one to understa Definition of riba and ruling on work that helps with riba Question What is the definition of riba?
If we take into account the fact that in most countries the economy is based on the principle of the circulation of capital, which includes lending, is accepting payment in that particular currency for any work regarded as an action that supports the riba-based system? Is using the currency of a st Ruling on dealing with mortgages in a non-Muslim country Question We live in a western society and we live in rented accommodation so as to avoid riba.