say your account balance year ago was $48, and you haven't deposit any money into ur account for one year. and then your balance become $190.
is all this money consider to be forbidean in Islam?
2007-01-08 07:15:50 · 7 answers · asked by Anonymous in Society & Culture ➔ Religion & Spirituality
yes it is haram.
one can not make money from money
the only money in the account that is halal would be the $48.
fourmorebeers yes there is banking in the Islamic world. But if there is any interest it is still haram.
2007-01-08 07:21:26 · answer #1 · answered by Layla 6 · 3⤊ 1⤋
Alhamdulilah i am a practicing Muslim and i know very well that the rest of the money will be forbidden(haraam) for you to use it in any way.
The only money use can have is the $48 and rest u must not take but as this is the banks policy to give u the money so u must give it in the way of Allah by giving it to the poor or anyway else and otherwise if u use it for u'r self then be ready for thr fire of Hell!
2007-01-08 15:29:50 · answer #2 · answered by THE KING 2 · 1⤊ 1⤋
In the Qur'an it is stated that trade/commerce is allowed, but 'riba' is forbidden. It is also stated that 'riba' is not like trade/commerce.
What's 'riba'? Some claim it means "interest", but does it really mean that?
'Riba' can't be interest, since interest is part of trade/commerce and trade/commerce is allowed, but 'riba' is forbidden.
For example, A borrow B's farming utilities so that A can have have his farm's produce, B agree to lend the utilities under the agreement that A shared part his farm's produce.
Isn't that trade/commerce? Isn't the produce the interest?
The service of lending traded with the produce.
So what's 'riba'?
Well, it's up to you to figure it out.
But suffice to say, IF A borrow B's farming utilities so that A can have have his farm's produce, B agree to lend the utilities under the agreement that A give his entire farm's produce.
That's not trade/commerce, it's robbery disguised as trade/commerce.
As for 'Islamic' banking.
'Islamic' banking only claimed to follow the Qur'an, much like 'islamic' countries only claimed to follow the Qur'an.
'Islamic' banking are owned by the same group of people that owned 'international' banking, and we know who they are.
As for instruction of handling debts.
The Qur'an describe it in Al-Baqarah ayat 282 to 283.
2007-01-09 14:01:01 · answer #3 · answered by E A C 6 · 0⤊ 0⤋
It is a convenient fiction, of course there is lending and borrowing in the Islamic world.
http://www.dc3.co.uk/islamicleasingintro.htm
A rose by any other name.... it may not be called interest but it fulfils the same function. Not in this particular example but do not think there is no interest in the Islamic world, read the link.
2007-01-08 15:23:44 · answer #4 · answered by fourmorebeers 6 · 1⤊ 2⤋
of course it is the interest in Islam is forbidden the verse says Allah permitted selling and buying but forbid interest the only money you can use is that you earned by your work
2007-01-08 15:36:00 · answer #5 · answered by SemSem 2 · 1⤊ 1⤋
Yes the additional money is haram !!!
2007-01-08 15:26:11 · answer #6 · answered by Anonymous · 1⤊ 1⤋
yes forbidden from where this money come from?
2007-01-08 15:46:23 · answer #7 · answered by Anonymous · 1⤊ 1⤋