Islamic bank giving fixed % on capital / profit (Riba?) #Assim #assimalhakeem #assim assim al hakeem

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Amazing response from the sheikh, mashallah he is very knowledgeable on so many subjects and explains in a simple way

jts
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A very good explanation by the Sheikh....jazakumullah khairan. I too get confused by the so called percentages on the capital investments given by Islamic they are halal or haram. Today I learnt how to deal with this khairan once again.

ifthi.opinion
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Islamic banks give an indicative percentage of like 4% based on the previous months' performance..

The amount of profit that will actually be distributed to the account holder/investor is based on the profit earned by the Islic bank: it may be 4% or more or less

mahasham
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عيد مبارك لجميع المسلمين والمسلمات. كل عام وأنتم بخير 📿

ycf_idk
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I don’t understand why banks like this say they’re Islamic. If it’s riba just say it how it is. The name Islamic banks makes people think riba Is halal. It’s really deceiving.
May Allah protect us all from Riba

maliks
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اللهم صل وسلم وبارك على نبينا محمد وعلى آله وصحبه أجمعين ❤️

ycf_idk
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Yes Riba is Riba.

Any surplus on savings is usually interest which we must dispose of and give to chariry

manlikeak
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So this is considered riba because, one party must pay a certain agreed upon amount whether they got profits or not right? Practically, gambling.

kaikart
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Bro was hoping sheikh would give him is approval when he said yes 😂😂 sometimes people would asks so many scholars and sheikh for an obvious haram thing until they find someone who says yes you can do it 😅

Kdc
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Nice share Shiek,
Brothers and Sisters
Prophet Muhammad (saw) wear Turban and Not Hijab looking male ❤

powermmm
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Can someone answer my question i have like a summer coat of Manchester United and logo is like a devil. Can i do salat with that coat on ?

rtm
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Islamic banks in UAE aren’t giving any interest whether our money is with them for years

yasmeenshahdadsyed
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So % on profit is halal but on capital is haram…but why, is % on profit halal? I am confused…

ibnamanot
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who invented bank?
how the bank can be islamic?
Muslims should think about it.

rabinachan
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لا حول ولا قوة إلا بالله العلي العظيم ☝

ycf_idk
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Metlife insurance is giving offer if i deposit 5000 every 3 months they give me 8 lakhs in 20 years but my total deposit will be 4 lakhs only is it riba plz tell me

AslamKhan-rz
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Where can an Indian muslim onvest their money. Islamic banks are not allowed here

mdsaif
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Can a girl wear a cap over her hijab/khimar

ArtisanFizah.K