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    Riba and Interest - Same thing or Not?

    @elizarn Cool story
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    Riba and Interest - Same thing or Not?

    @elizarn Then don’t buy gold…. Look man it seems like you have made up your mind about this. Just keep in mind that you don’t know more than the scholars and the scholars are not dumb. They have done the research and they have consulted with experts. If all of the major scholars and schools of...
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    Riba and Interest - Same thing or Not?

    @elizarn Why are you being dumb? The link you posted itself says that it was repealed in 1974. You’re free to hold as much gold as you want.
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    Riba and Interest - Same thing or Not?

    @elizarn You didn’t lose money if you invested it…. People have always been trying to find loopholes in religion. We are warned about this in the Quran. If all scholars are agreed that interest is haram, do you really think you know more than them?
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    Riba and Interest - Same thing or Not?

    @elizarn Don’t lend money and you don’t have to worry about riba, right? As far as taxes go, you are required to abide by the rules of the country you’re living in. Don’t in countries where you pay so much tax.
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    Am I allowed to do that?

    @asyaphari lol no. You signed a contract to pay for all months. YOU decided to do that. If you don’t want to pay for the months you don’t use, then don’t sign up for those months.
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    Invest or buy house in cash

    @annevdw54 So I was in your situation and decided on 3. For the simple reason that job security is a myth. There is something absolutely freeing about not worrying about having to keep a roof over my family’s head. With no mortgage, to “retire” all I have to do is come up with enough passive...
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    Marital Finances

    @hangingout You can advise her but that’s about it. Her money is hers. Send her some basic things to read and see if she develops an interest in it
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    What do you Think about Islamic Coin (ISLM) ?

    @aquietvoice It’s a scam
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    Are Islamic banks compliant with Islamic law behind the scenes?

    @cadams1 Depends on what you’re borrowing money for.
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    Are Islamic banks compliant with Islamic law behind the scenes?

    @eternallykeptbyjesus Why could they not exist? Are you saying that all Islamic banks out there are engaging in riba?
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    Are Islamic banks compliant with Islamic law behind the scenes?

    @eternallykeptbyjesus Yea let’s be pedantic about all this
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    Are Islamic banks compliant with Islamic law behind the scenes?

    @infomommax To be clear, if you can find a halal bank then that is what you should use
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    Are Islamic banks compliant with Islamic law behind the scenes?

    @xypnios A bank doing riba is not YOU doing riba. You are not helping them do riba. Scholars have said that if there are alternatives for banks you should use them to safeguard your money. If there are no alternatives, then you can make use of riba-based banks as long as you are not consuming...
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    Are Islamic banks compliant with Islamic law behind the scenes?

    @angeshekinahh I’m not sure what you are arguing about. If an Islamic bank exists, I already said it should Be used. The scholars have already ruled that using riba-based banks to safeguard money is okay if there is no other choice. You should not use the interest and should give it away to...
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    Are Islamic banks compliant with Islamic law behind the scenes?

    @angeshekinahh If it was obligatory then the prophet wouldn’t have done business with the Jews of the time, right?
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    Are Islamic banks compliant with Islamic law behind the scenes?

    @angeshekinahh Again, the prophet used to do business with non Muslims that did haram stuff. And again, I already said that if there are halal alternatives then that’s preferable.
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    Are alt coins halal and what are some halal exchanges

    @angelmraven Seems like it’s all gambling
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    Are alt coins halal and what are some halal exchanges

    @angelmraven Are you investing or are you gambling or are you just having fun throwing money away?
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    Are Islamic banks compliant with Islamic law behind the scenes?

    @infomommax The prophet used to do business with non Muslims. He just ensured HIS business with them were halal. So I don’t see the point of what banks do behind the scenes. If there are halal alternatives then fine. But I wouldn’t stress about it either.
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