Posts Tagged riba

Business Profile: WorkingMuslim.com

An interview with the founder of workingmuslim.com. Topics discussed include: advice for getting a job, working in Halal, how to get motivated, how to demand your rights as a Muslim at workplace, work balance, etc.

Link to YouTube Video:
http://www.youtube.com/watch?v=CArJ7GmHAWQ

Related Web Sites:
WorkHalal.com

To sponsor HalalBucks episodes please email us admin at halalbucks

Tags: , , , , , , , , , , , , ,

Update about KnowInterest family

Assalam alaikum,

Two years back (wow time flies), we conducted an interview with the co-author of KnowInterst.

Recently, we’ve learned that the family, mashaAllah tabarakaAllah, is about to pay off their house using their pure installment method (as described in their book KnowInterest).

They approached HalalBuzz (our marketing service) to help them promote their ebook so they can pay off the outstanding balance, inshaAllah.

So, if you like to know how they bought their house interest free you can buy their ebook at http://knowInterest.com.

We also urge you to spread the word to support the concept of Halal economy and help families own their homes without Riba.

May Allah reward you and bless your family

Tags: , , , ,

You are wealthier than you think

This lecture is A MUST listen for Muslims pursuing Halal wealth.

We contacted IlmQuest to buy the CD, but never heard back from them. However, after a little googling found the lecture online.

CD Set: Let’s Buy a House Islamically, By Ghassan Barqawi

After a quick search online, the following result was found:
[disclaimer: We have no affiliation with the result pasted below]

Buying a home is a major dream for almost every family. However, it is a decision that goes well beyond finances. You want your home to reflect your values and your lifestyle. The biggest advantage to owning a house over renting an apartment is that your house belongs to you. It’s your home, and that’s a pretty big achievement in itself. This is why when a person is ready to buy a house, emotion can often get in the way of effective decision making. Not only can it hinder sound financial planning, but it can lead one into major sins. This CD Set is a guide to know what Islamic Finance really is, how one can understand the different terms used by various Islamic financial institutes, and how to make the best decision for your family in this life as well as the next. Shiekh Ghassan had the honor to study under the late scholar of Yemen, Shiekh Muqbil bin Haadi al-Waadi’ee, and earned an Ijaazah in Hadith from him. He has a Masters degree in Business and is an advisor who is able to give guidance in the field of Finance. He is also the founder of the Islamic Institution of Islamic Studies of Columbia, South Carolina. At present he is the Imam of the Islamic Center of Mobile, Alabama.

Tags: , , , , , , , ,

Buying Vs. Renting

Well, the following analysis is based on conventional Haram Riba, which shows that buying with interests is not a good model. Bare in mind that this comparison did not consider the sin of dealing with Riba and the evil consequence in this life and the hereafter.

If we do the analysis comparing equity (co-owing a house vs. financing with Riba), you’ll see that the Halal equity model is far better. BTW, Halal equity model mentioned here is not what the so-called “Islamic” financial banks offer.

Recommended Resource:
CD Set: Let’s Buy a House Islamically, By Ghassan Barqawi

After a quick search online, the following result was found:
[disclaimer: We have no affiliation with the result pasted below]

Buying a home is a major dream for almost every family. However, it is a decision that goes well beyond finances. You want your home to reflect your values and your lifestyle. The biggest advantage to owning a house over renting an apartment is that your house belongs to you. It’s your home, and that’s a pretty big achievement in itself. This is why when a person is ready to buy a house, emotion can often get in the way of effective decision making. Not only can it hinder sound financial planning, but it can lead one into major sins. This CD Set is a guide to know what Islamic Finance really is, how one can understand the different terms used by various Islamic financial institutes, and how to make the best decision for your family in this life as well as the next. Shiekh Ghassan had the honor to study under the late scholar of Yemen, Shiekh Muqbil bin Haadi al-Waadi’ee, and earned an Ijaazah in Hadith from him. He has a Masters degree in Business and is an advisor who is able to give guidance in the field of Finance. He is also the founder of the Islamic Institution of Islamic Studies of Columbia, South Carolina. At present he is the Imam of the Islamic Center of Mobile, Alabama.

Tags: , , , ,

Riba Is Evil

$4.8 trillion is the Riba on U.S. debt.

The sad thing is that some Muslims still believe in interests or argue that interests-based economy is the solution.

Just remember, if something is good, Allah won’t make it Haram. Because Allah is the all-knowing and the most merciful.

Interest/Riba is Evil.

Tags: , , ,

FireStats icon Powered by FireStats