Interest, in finance and economics, is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate. It is distinct from a fee which the borrower may pay the lender or some third party.
It is allowed to buy shares of any company which does not do Haraam business like alcohol, gambling, pork etc.
Company with whole allowed business but taking loans from the non Muslim banks, does not make the company Haraam.
Working in interest in not permissible in Islam, but banking jobs include trade, investments, import and export etc which are permissible. If your husband works only in interest and nothing else, then his work is fully unlawful and his income is unlawful, but if he works in interest and other lawful jobs, then his income include lawful money from which you can utilize.
Yes you can do so although it is not forbidden to utilize any amount added on your money if you did not put a condition of usury or interest.
Alcohol is absolutely forbidden for us as Muslims. Even if we meet or work with non Muslims who drink alcohol, we are always not allowed to drink alcohol.
Interest has different situation. It is not allowed between Muslims, but when they deal with Non Muslims who usually take interest from Muslims, the Muslim scholars say that Muslim is allowed to receive interest from Non Muslims who give it as part of their financial dealings.
We have many Hadeethes in our books that it is allowed to take interest from non Muslims who consider interest as permissible for them.
You need to follow the verdict of the Marji' of Taqleed.
Such loan is permissible to take. Some scholars also allowing taking loans with interest if it is absolutely necessary and the person is in much hardship.
May Allah grant you success
If your father is poor, you must provide him with whatever he needs. It is compulsory on you to bear the expenses of your family (wife and children) including your parents if they are in need.
Money given to you with out your condition, by non Muslim bank can be either used by you or given t the poor.
as salam alaikum
usury, or charging interest on money loaned, is one of the major sins and therefore it is not permissible.
With prayers for your success.
You can give that amount to the poor including your helper if he or she is a needy believer.
If the interest was given or added on your money with out condition from you, you are allowed to utilize it or donate it to poor and needy.
I am not sure if it is possible for anyone to offer a conclusive viewpoint on the spiritual impact of using credit cards, since credit cards are quite new and are part of the institutional structure, as opposed to collecting interest from someone vulnerable in a person-to-person transaction.
However, at the least, having credit card debt causes a lot of stress, and having a credit card can also encourage overconsumption and spending beyond one's means, so it is good to be cautious of these things unless it is an emergency or there is no other option. No one ever not-regrets having to pay interest on a credit card.
As for interest in general, the Qur'an is quite clear about its impact. For instance: "Those who devour usury shall not rise except as one rises who is felled by the touch of Satan. That is because they say, 'Buying and selling are simply like usury,' though God has permitted buying and selling and forbidden usury. One who, after receiving counsel from his Lord, desists shall have what is past and his affair goes to God. And as for those who go back, they are the inhabitants of the Fire, abiding therein. God blights usury and causes acts of charity to grow...."(2:275-6)
In addition, it is related that Imam Ali (A) said: “The Holy Prophet (S) has cursed one who accepts interest, one who pays interest, one who buys interest, one who sells interest, one who writes the contract of interest and one who is the witness of this transaction.”
You can use a Debit Card which does not involve borrowing and keeps you away from the interest.
as salam alaikum
this opinion of some Maraji' is based on ahadith like the followings:
It has been reported that the Prophet, peace be upon him and his family, said: "There is no Riba between us and the people who fight us".
It has been reported that Imam Sadiq, peace be upon him, said: "There is no Riba between a Muslim and a Dhimmi".
On the other hand, we find hadith like:
It has been reportes that it was asked to Imam al-Baqir, peace be upon him, "Is there any Riba between me and the polytheists"? The Imam answered: "Yes".
All the above-mentioned ahadith can be found in the book "Wasa'il al-Shi'ah" by Shaykh Hurr al-'Amili.
Another evidence is given by the fact that taking the money from a non-Muslim with mutual consent is allowed by consensus; therefore the interest taken from a non-Muslims should fall in the same category.
However Riba is one of the major sins and it is categorically condemned in the Qur'an and sahih ahadith with no exceptions. That is why you may find ulama that have opted for a more precautionary stance not allowing Riba in its absolute sense.
With prayers for your success.