Islam and riba

Can I contribute to the Employee Investment Program that the company I work for offers?

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QuestionCan I contribute to the Employee Investment Program that the company I work for offers?Salamu Alaikum. My company offers a program where I can invest money into the company and receive a guaranteed return of at least 10%, with the possibility of earning more depending on the company’s performance. Earnings are calculated monthly based on … Read more

Why is in-house car financing halal if it involves interest, and how is it different from a mortgage?

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Question: When in-house financing a car through Toyota, you can go through their own Toyota Financial Services . They still charge interest on the loan provided, why is this halal and how is it different then getting a mortgage through a bank? Answer: Buying a Car through Islamic Financing: What’s Allowed and What’s Not When … Read more