Usury :- the activity of lending someone money with the agreement that they will payback a very much larger amount of money later. DEALING IN RIBA (USURY/INTEREST) IS A MAJOR SIN IN ISLAM. Allowing Riba (Interest-Usury) because of necessity?! Riba (Usury) :- When luxuries are involved, what is Haram will always remain Haram, necessities do not make it Halal. The only time a necessity makes a Haram thing Halal […]
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RULING ON CAR INSURANCE
WHAT IS THE RULING ON CAR INSURANCE IN ISLAM All praise be to Allah. What is the ruling on insuring a car (car insurance)? In case of an accident, the insurance company pays all repair fees instead of the other side. Car insurance is not permissible as it comes under the heading of commercial insurance. Also, […]