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Okay, so here we go evryone on here finna hate me after this bcuz ik what the sc community is like but im gnna say this anyway IN the west, we have interest. In all (almost) every. single. transaction. now, many people FAIL to understand. that in the west living without interest is PRACTICALLY IMPOSSIBLE UNLESS you wish to live as a FAQIR or sumthin and idk about u but i sure as Hell DONT if something is necessary for us to function in society then whats the issue. Like be fr. I AM AWARE that riba is usury and haram and terrible I KNOW! HOWEVER, living in the west IT IS NECESSARY AND UNAVOIDABLE and as we know in islam if something exists which we legit cannot function without due to the fact that the entire society and nation is built upon it in an unavoidable fashion. such thing is permissible, this is obvious cuz allah doesnt want us going to live as malangs (ascetics) in the streets or countryside LOL. I just simply cant fathom how some people will still say "loans are haram" or "mortgage is haram" or "working in banking deals "or"credit card with interest are haram"etc like mate use ur brain??? Just cuz YOU are for some reason okay with living so "humbly" as to not engage in ANY such thing an not move out ur moms basement or live in a 1 bed rent or a homless shelter doesnt mean everyone else has to bruv. OR just cuz u LIVE in a muslim nation DOESNT MEAN we all do live in nations without interest in every part of life. cuz buddy we LIVE IN A SOCIETY WHERE IT IS BRUV BEFORE someone says "oh u can take loans or pay interest on banking deals at work or pay interest on credit cards IF YOU DO IT with the INTENTION of not paying it back and as a transaction without return even if u do pay it back" this is frankly NONSENSE im sorry! BE HONEST BE FOR REAL MATE purposely changing ur NIYYAH to pretend ur not gonna pay it back then the banks like pay it back and ur like "oh wow i had totally not intended to but now im being forced oh no aaaaa guess i gotta pay the interest" meanwhile u knew DAMN WELL that u were gonna pay it back makes ZERO ZERO SENSE!! THINK ABOUT IT this is the equivalent of me picking up alcohol and pretendining i dont know its alcoholic drink it and say oh I DIDNT KNOW liike be fr it doesnt make any sense its simple in the west, WE HAVE TO PAY AND RECIEVE interest!!! YOU KNOW IT AND SO DO I! so stop avoiding the blatant truth buddy. i personally for any living in the west living BELIEVE TAKING A LOAN ISNT HARAM YOU NEED THEM (UNLESS ITS FOR SOMETHING DUMB LIKE IDK A LOAN FOR A SHIRT OR SMTH LOL ) CREDIT CARDS WITH INTERST ARENT HARAM because; 1) ur paying the money to the bank not one single person its an entitiy who you dont know personally at all an unknown owner malik al majhul i think is what its called 2) working in banking with interst isnt haram IN THE WEST not everywhere of course. its just a job ur gonna deal in the interest no matter what and its a way of earning money BIGGEST POINT HERE READ THE WHOLE THING DONT RAGE it is completley NORMAL and fully ACCEPTED almost compulsory to deal with interst in the WEST therefore due to its complete necessitty its not HARAM obviously living in a muslim nation for example is a diff story. so imma become a banker without ppl telling me im a kaffir for it and imma take a loan OR GET AN AMEX card to BUILD A GOOD CREDIT SCORE AND PAY FOR THINGS I CANT INSTANTLY AFFORD and build a credit score for a rainy day or to buy a nice house or car one day. If i need to take a loan for car house education investment or invest in bonds options forex etfs futures stocks crypto etc i see no problem in this. FURTHERMORE MANY MANY SCHOLARS AGREE THAT THE INTEREST WE HAVE TODAY IN THE WEST IS NOT THE RIBA / USURY THAT IS REFEREED TO IN THE QURAN / HADITH!!!! HOWEVER, if I ever move to a muslim nation insha'allah then yes its a different story WARNING: IM TALKING ABOUT IN REGARDS TO GIVING AND RECIEVING INTERST IN NON MUSLIM NATIONS WHERE IT IS NORMAL AND NOT SEEN AS USURY IM NOT SAYING ITS UNIVERSALLY OKAY I WOULD NEVER SAY SUCH THINGS! AND IM TALKING ABOUT DEALING WITH A NON MUSLIM BANK. SO LIL DISCLAIMER

Assalamu alaykum everyone. I hope you are all in the best of health insha'Allah. I'm in a dilemma. Despite the obvious stress of going to university this September during a global pandemic there's another problem. I come from a low economic background and the idea of me being able to pay tuition (£9000+ annually) is unrealistic let alone having to pay for university equipment i.e a laptop (especially since university is going to be online for half the year if not more). In a normal situation someone would take student loans and a maintenance loan. However, both of these include interest being added each year (not in my benefit but to them when I pay the university back). I know that interest and riba is a great sin which is why I'm asking for everyone's advice/help. I've tried applying for Muslim loans and charities however they either to be too little to match my cost or are bias in what degree you must take to be eligible. For context I'm looking to study Middle Eastern Studies combined with Arabic at a prestigious university. This in mind, I wanted to make a big impact insha'Allah through this degree. I've been told that it doesn't matter therefore that there is interest added as I am insha'Allah going to be able to give back to the community. However, I also realise that I can acquire such knowledge without going to university and I don't care too much about the experience. Additionally, I am much more interested in going to howza in the future (maybe in Iran) when I become independent in the future insha'Allah as I am very much interested in Islamic studies/theology. With all this said: 1) What was your own experience with university? 2) How to tell one's parent? Jazak'Allah brothers and sisters.

Salam alaikum I have a question. I am currently working for td bank in Canada as a financial advisor. I am salary based right now but I do help finance mortgages currently as part of my job. I have been presented with the opportunity to work as a Mobile mortgage specialist for TD. This is a 100% commission based position and I would get paid per mortgage that I help finance. I am wondering if it is permissible to work as a mortgage specialist? I found the following on Ayatullah Sistani website but I couldn't get a clear answer from it: There are two kinds of bank business: 1. The first is haraam. This may cover the type that relates to transactions leading to usury, such as acting as an agent in handling, registering, acting as witness, receiving excess money [interest] on behalf of the owner and the like. Of the same nature are transactions pertaining to companies involved in usury or the merchandise of alcoholic drink, be it sale of their shares, the opening of letter of credit or similar work. All this sort of work is haraam. It is not permissible to be involved in it and those working in it are not entitled to wages in return for the work they do. 2. The second kind is that which does not involve interest. It is permissible to take part in it and receive wages thereof. (29) If, in the usury transaction, the party paying the interest is an unbeliever, be it a foreign bank or other, it is, as explained earlier on, permissible for a Muslim to take. Accordingly, it is permissible to deal in such work, which is linked to carrying out such usury transactions within the banks and outside them. (30) In some cases, some of the money, deposited with either state owned or national bank in Muslim countries is considered among money of majhoulil malik, needs consultation with the Marji’ to having the right of disposal over it. There is, therefore, ishkal in working for the bank and getting involved in either receiving from or delivering such money to bank customers, from those who might have the right of disposal over it without a license from the Marji’ to make it good. (31) The validity of ji’aala, ijarah, and money order and similar dealings with state banks in Muslim countries is dependant on the license of the Marji’. It is not in order without his permission. If anyone knows the answer to this please let me know Thank you

Does anyone know of any banks in the USA that don't give interest on deposits in accounts (like checkings and savings)??

Salams Can I trouble kind members to share rulings of our marjas regarding the interest we receive on savings (cash) from banks? i-e halal, haram, mubah, makrooh e.t.c Are there any conditions under which that interest maybe acceptable? Is there an element of niyyah (intention) involved considering that many of us have to pretty much follow current worldwide financial system in order to compete/survive? Or is it outright haram? e.t.c If possible, I'd also like to know how the rulings are deduced. My layman understanding is that part of the interest we receive on our savings covers the inflation rate. And part of it (real interest) is what an investor in general expects to receive as a profit for investing in the financial institution. The latter seems to be the suud (interest) which Islam forbids. Am i on the right track? If so, can we accept/receive the rate/interest which atleast covers inflation? Also welcoming members who have their personal research/thoughts to add to this discussion. Thankyou

As-salamu alaykum, dear brothers and sisters. I consider this to be a rare privilege for me to stumble across this site and I piously hope that my association with the site would prove to be constructive. Let me pose a very important question to the learned members of this site, which I believe would be beneficial to the mass: What is the stance of Qur'an and the Ahlulbyt (AS) on 'halal' income? Allow me to exemplify. It is my understanding that any financial gain by way of deception, or derived from interests, are strictly haraam. Is there an exhaustive list? AND MORE IMPORTANTLY, is there any definite criteria that would allow one to assess whether his income is halaal or not? I thank you in advance for taking the trouble of contributing to this discourse. May infinite blessings of Allah shower upon you.

Salaams all, Appreciate any help from anyone who knows about this topic. Please answer very carefully because my future may depend on your answer. I lost my job and in the process of being offered anther but just found out that it involves making reports (analysing data from databases) of bonds. I neither deal with them directly, sell them nor buy them. Just create reports for companies that already have them. Is this allowed ? The countries are all non-muslim as far as I know. The company deals with many non-muslim companies and one bank (Muskat bank) that is from Oman. Many thanks. (I follow Agha Sistani)

Assalamualaikum. I have been applying to several stores and restaurants, because I am looking for work. However, upon reading some fatwas, I have realized that it is haram to work as a cashier and sell pork to non-Muslims. This has easy to work around, Alhamdulillah. I have done so by applying to departments stores. But as a cashier in a department store, I am forced to accept credit cards as a form of payment and I am also required to ask customers to apply for a store credit card. Is this haram? Also, if I work as someone who folds clothes, for example, in the same store, is it still haram since the store charges people interest with its credit card. The store is called Sears, if you are familiar with it. So is it haram to work in a store where credit cards are sold and used? I have not been able to find this answer in any of the Ayatollah's websites. Is it is haram, would this not make every store in America haram to work in, since they all accept credit cards? Thank You So Much

Salaamun Alaikum, How does one go about buying a house here in the West? Given that most people do not have the full amount of cash to buy a house outright, how can one go about owning a house without getting a mortgage? I have seen the fatwa's that say you can get a mortgage as long as you have the intention of not paying the interest or something along those lines. But i can't see how you can actually get a mortgage and intend on not paying the interest. When you are taking the mortgage, you already know that you will have to pay the interest and you will obviously be intending to pay it - you can't lie to yourself! So, any novel ideas on how to own a home? I think there should be some central shia house buying thing set up, where they lend people money to buy a house and do not charge interest. E.g. They lend 100000, and then the borrower has to pay back 110000, so 10000 is the fee that they charge. I guess this should be ok? If only..............

Hello all I have a cousin, in chatting he told me that he has had interest from a foreign exchange company regards a work prospect dealing with clients / customer service . When I was happy for him he seemed hesitant. so I probed, and he started going on about a flawed money system , and it potentially being unislamic to work in such places with a general attitude of not wanting anything to do with this sector . And then came the conspiracy type talk which perhaps may hold some truth , but... Well to me sounded far fetched, he said that his wages could be paid from interest, I dont know how true that is and he can't prove it, I understand working directly with interest would be wrong , but my knowledge of banking/ foreign exchange markets/ economics are not sound or worthy of offering my opinion to him, so I just left the whole topic. Anyone have any knowledge on these systems or in particular foreign exchange market and a good answer to give him, affirming or negating his views as I don't believe he's based his decision on understanding , mA his intentions are noble but I don't want him to miss out on an good opportunity for no reason.

There are many Pakistani guys in my state and especially in the mosque area. They are Sunni the mostly, but they seem like genuine nice guys. I've meet with some of the families before and they are very family oriented and good. But is it true that in the Pakistani culture they make their child memorize the entire Quran through hitting? When my my cousins were young , they attended an Islamic school, and if they got one word from the Quran wrong they had their ears pulled by the instructor who was Pakistani. Is that old school folks who do that? In other words if I marry this Pakistani guy...he wont be strict like that with our future kids?