Q: My father said that if he gives me money as a gift, I must buy a house. Is this a type of riba statement? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: If your father gives you some money and stipulates that you must purchase a house therewith, irrespective as to whether the […]
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Are you allowed to give money to pay off someone’s debt while knowing that part of that is likely to go towards paying off interest?
Q: Are you allowed to give money to pay off someone’s debt while knowing that part of that is likely to go towards paying off of interest? The recipient of the financial help is a non-Muslim. الجواب حامدا ومصليا ومنه الصدق والصواب A: In principle, if you gift or lend someone some money that […]
Read more...Can rules of Ribā/usury relate to exchanging modern day goods such as mobile phones?
Q: Does ribā only relate to money and food items, or can modern day goods come under this too? Eg swapping a contemporary item -such as a mobile phone of a lower value for one of a higher value? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: Ribā in trade relates to the sale […]
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