What is the ruling about having shares in companies and banks’?
Tag: ribaa
Profits from selling shares in interest-based company
I had shares in a company that went bankrupt 25 years ago. The representatives of the company bought shares, with the remainder of the money, in Riyad Bank back then (i.e. 25 years ago).
Buying a car on hire purchase (HP)
O Shaykh, may Allaah bless you with good health.
Settling debts
I have debts [amounting to] about 50,000 [Saudi] Riyals; so which supplication should be made to [aid the] fulfillment of the debts?
Repenting from Ribaa
Does repentance expiate [the sin of dealing with] ribaa?
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…