Transactions (Shafii)

October 12, 2025 3 mins

Does Paying a Higher Updated Price Count as Riba?

Answered by Shaykh Muhammad Carr Question On an online platform where payment is required, the initial price displayed was £39. However, after encountering an issue, I went to fix it, and when I returned to the platform, the price had changed to £58. If I now pay the higher amount, does this constitute Riba (usury)? […]
October 6, 2025 2 mins

Can I Accept Repayment From Someone Who Took an Interest Loan?

Answered by Shaykh Irshaad Sedick Question Is it permissible to accept repayment from a family member who pays back money borrowed from a bank, involving interest? Answer In the Name of Allah, the Most Merciful and Compassionate. May Allah alleviate our difficulties and guide us to what pleases Him. Amin. It is permissible to accept repayment […]
October 5, 2025 3 mins

Does Technical Analysis Make Binary Trading Permissible in Islam?

Answered by Shaykh Muhammad Carr Question I intend to trade with real money on a platform that offers an Islamic account, claiming to exclude riba. The trading involves predicting whether the price of an asset will rise or fall within a short time frame (1–5 minutes) using technical analysis rather than speculation. Is this type […]
October 4, 2025 4 mins

Is Withholding Payment a Sin If Services Were Not Fulfilled?

Answered by Shaykh Muhammad Carr Question I enrolled in a $3000 coaching program with a no-cancel/no-refund agreement in the intake form (which did not meet the contract requirements under local law). I paid for three weeks and then withdrew, citing my legal right to rescind the contract and ethical reasons (privacy breach on YouTube, misleading […]
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