View Full Version : INTEREST..ing
Abu Muslim
29-11-06, 09:30 PM
In the name of Allah, the Provider, the Sustainer.
A continuation from the money topic, but about interest, usury, riba. How many Muslims fall into this subhan'Allah. How many of us have credit cards? Riba. How many of us buy cars on whatchya callit, emr, finance? Riba. How many of us have mortgages? Riba. And the list goes on..
On the day of Judgment, the angels will give weapons to those who dealed with interest and say: Go and fight Allah swt. Subhan'Allah
أنبأنا أبو الحسن أحمد بن محمد أنبأنا يوسف بن أحمد حدثنا العقيلى حدثنا محمد بن العباس المؤدب حدثنا سعيد بن عبدالحميد بن جعفر حدثنا عبدالله بن زياد حدثنا عكرمة عن عمار بن يحيى بن أبى كثير عن أبى سلمة عن أبى هربرة عن النبي صلى الله عليه وسلم قال : الربا سبعون بابا أصغرها كالزاني ينكح أمه
On the authority of Abu Hurayrah, that on the authority of the Prophet (sallallāhu ‘alayhi wa sallam) that he said, “Ribā has seventy gates, the least of which is like a fornicator who copulates with his mother.”
Abu Hurairah radiyallahu anhu reported that the Messenger of Allah sallallahu alaihe wasallm said: I came across some people in the night in which I was taken to the heavens. Their stomachs were like houses wherein there were serpents, which could be seen from the front of their stomachs. I asked: O Gabriel! Who are these people? He replied these are those who devoured usury.
Abu Muslim
29-11-06, 09:35 PM
Allah swt says in verse 275 in Surah Baqarah:
Those who eat riba will not stand on the Day of Resurrection except like the standing of a person beaten by Shaitan (Satan) leading him to insanity. That is because they say: "Trading is only like riba ," whereas Allah has permitted trading and forbidden riba . So whosoever receives an admonition from his Lord and stops eating riba shall not be punished for the past; his case is for Allah (to judge); but whoever returns to riba, such are the dwellers of the Fire - they will abide therein.
And he also says in Surah Al Imran, verse 30:
O you who believe! Eat not usury, doubled and multiplied, but fear Allah that you may be successful.
ur_yusra
29-11-06, 09:40 PM
I have got a credit card and I don't understand why its always associated with riba? I pay my bill off before the riba starts to roll in.
Abu Muslim
29-11-06, 09:49 PM
I have got a credit card and I don't understand why its always associated with riba? I pay my bill off before the riba starts to roll in.
I heard on a lecture once that even if you pay it off, it doesn't matter. When you got the card, you signed that you would agree to pay the interest, even if you don't.
I don't remember if the speaker said it was ok or not but I do remember him saying you agreed to sign, so I'm guessing thats not good.
If my memory serves me right, theres a hadith Rasululah SAW said: Curse be the one who gives interest, recieves interest and I think it was helps or something?
The only similiar thing I managed to find was:
Narrated Abu Juhaifa: The Prophet cursed the lady who practices tattooing and the one who gets herself tattooed, and one who eats (takes) riba' (usury) and the one who gives it. And he prohibited taking the price of a dog, and the money earned by prostitution, and cursed the makers of pictures. (Bukhari)
barodate
29-11-06, 09:51 PM
I heard on a lecture once that even if you pay it off, it doesn't matter. When you got the card, you signed that you would agree to pay the interest, even if you don't.
I don't remember if the speaker said it was ok or not but I do remember him saying you agreed to sign, so I'm guessing thats not good.
If my memory serves me right, theres a hadith Rasululah SAW said: Curse be the one who gives interest, recieves interest and I think it was helps or something?
The only similiar thing I managed to find was:
Narrated Abu Juhaifa: The Prophet cursed the lady who practices tattooing and the one who gets herself tattooed, and one who eats (takes) riba' (usury) and the one who gives it. And he prohibited taking the price of a dog, and the money earned by prostitution, and cursed the makers of pictures. (Bukhari)
sheikh ibn uthaymeen (rha) said something similar
.: Anna :.
29-11-06, 09:58 PM
If my memory serves me right, theres a hadith Rasululah SAW said: Curse be the one who gives interest, recieves interest and I think it was helps or something?i think the 3rd is the one who witnesses a contract of riba? allahu alam
ur_yusra
29-11-06, 10:20 PM
I heard on a lecture once that even if you pay it off, it doesn't matter. When you got the card, you signed that you would agree to pay the interest, even if you don't.
I don't remember if the speaker said it was ok or not but I do remember him saying you agreed to sign, so I'm guessing thats not good.
If my memory serves me right, theres a hadith Rasululah SAW said: Curse be the one who gives interest, recieves interest and I think it was helps or something?
The only similiar thing I managed to find was:
Narrated Abu Juhaifa: The Prophet cursed the lady who practices tattooing and the one who gets herself tattooed, and one who eats (takes) riba' (usury) and the one who gives it. And he prohibited taking the price of a dog, and the money earned by prostitution, and cursed the makers of pictures. (Bukhari)
I dont remember signing anything :S
They just sent me one..
Anyway I've never heard this before, when you find the daleel let me know :up:
JazakAllah khayr
Ignatius F. Peace
29-11-06, 10:42 PM
Is it OK for you guys to take free airline miles?
Abu Muslim
29-11-06, 10:46 PM
I dont remember signing anything :S
They just sent me one..
Anyway I've never heard this before, when you find the daleel let me know :up:
JazakAllah khayr
Barak'Allah hu feeki, here you go sis, the daleel...posting in full so everyone can see insha'Allah. Hope this helps, may Allah save us all from riba'.
===================
Using credit cards is haraam even if you pay up within the time limit
Question:
I heard that using credit cards is haraam, but if I am sure that I am going to pay the bank within the time limit, so the bank will not charge any interest, is this also regarded as haraam?.
Answer:
Praise be to Allaah. What you have heard about credit cards being haraam is correct. That has already been discussed in question no. (13735 (http://www.islam-qa.com/index.php?ds=qa&lv=browse&QR=13735&dgn=3&))
Using them is haraam even if the user is certain that he will pay the bank within the time limit.
It has already been explained in the answer to the question mentioned that they are haraam because the bank lends money to the user in return for interest, and this interest is the price of the annual subscription to the credit card, as well as other interest charges which are to be paid to the bank if the user is late in paying.
The cost of the card is a kind of riba which the user pays to the bank, and this riba is paid by the user whether he pays on time or not.
Also, the user enters into a contract with the bank which means that he is obliged to pay interest if he delays payment. This is also haraam, because it is not permissible for a Muslim to commit himself to doing something that Allaah has forbidden.
The user may think that he can pay up on time, but then something happens to him that prevents him from doing so, so he pays riba to the bank.
Shaykh Ibn ‘Uthaymeen (may Allaah have mercy on him) said concerning this kind of contract:
A contract of this type is not permissible, because it involves riba which is the price of the card, and it also means committing to pay interest if payment is delayed.
In another fatwa he said:
This transaction is haraam, because the one who enters into it commits himself to paying riba if he does not pay on time. This is an invalid commitment, even if he believes or thinks it most likely that he will pay it before the time is up, because circumstances may change and he may not be able to pay it off. This is a matter that is in the future, and no one knows what will happen to him in the future. So dealings of this type are haraam. And Allaah knows best.
amatullah_amina
29-11-06, 11:19 PM
aslamu alaikum warehmatullah wabrakatu,
as far as riba loans are concerned...that is the student loans (islamonline.net ...live fatwa sessions)....I asked Dr Monzer Kahf ( a very well renowed scholar in financial matters) and shiekh Ahmed kutty, they said that (in my case due to some circumstances that i mentioned to them) that u can sign the riba loan BUT with the INTENTION of paying it back BEFORE interest accumulates...
but ofcourse Allahu Alam abt eveything...
walaikum aslam warehmatullah wabarakatu
I have got a credit card and I don't understand why its always associated with riba? I pay my bill off before the riba starts to roll in.
it becomes a problem for those wo dont have that level of self control.
credit cards do have their uses- using it to order off the net- item breaking down after a year, cc compnay can reimburse you. think barclaycard does this. but i hate barclays with a vengence :55:
it becomes a problem for those wo dont have that level of self control.
credit cards do have their uses- using it to order off the net- item breaking down after a year, cc compnay can reimburse you. think barclaycard does this. but i hate barclays with a vengence :55:
Why you hate barclays?
*Muhammad*
30-11-06, 07:40 AM
[B]. How many of us have credit cards? Riba.
what!http://ummah.com/forum/images/smilies/eek.gif
ok what if i used some1 else's credit card 'cause i wanna buy something from the internet
barakallahu feek abu muslim subhanAllah this is a topic taken so lightly audu billah, and yet It is forbidden to deal in riba, or bear witness to any riba basd transactions,having anything at all to do with credit cards or banks means you are dealing in riba, whether u pay the card off before u have to pay interest or not. Putting your money into a bank even if u dont recieve the interest means that they are still using your money for riba based transactions, the fact that you even have a credit card means the same you are taking part in a whole system of riba
The Prophet salallahu alleyhi wa salam said
“There are seventy-two types of riba, the least of which is like a man committing incest with his mother.” Narrated by al-Tabaraani in al-Awsat; classed as saheeh by al-Albaani in Saheeh al-Jaami’, no. 3537.
so for those who say ohh i only have a bank account i dont take the interest, well you are still bearing witness to riba, so would u say the same about incest with your own mother ? oh I was only watching...audu billah because thats how serious it is...
“Those who eat Ribaa will not stand (on the Day of Resurrection) except like the standing of a person beaten by Shaytaan (Satan) leading him to insanity."
" That is because they say: “Trading is only like Riba,” whereas Allaah has permitted trading and forbidden Riba."
So whosoever receives an admonition from his Lord and stops eating Riba, shall not be punished for the past; his case is for Allaah (to judge); but whoever returns (to Riba), such are the dwellers of the Fire — they will abide therein” al-Baqarah 2:275
“O you who believe! Be afraid of Allaah and give up what remains (due to you) from Ribaa (from now onward) if you are (really) believers!"
"And if you do not do it, then take a notice of war from Allaah and His Messenger!"
" but if you repent, you shall have your capital sums. Deal not unjustly (by asking more than your capital sums), and you shall not be dealt with unjustly (by receiving less than your capital sums) "
Surah al-Baqarah 278-279
anyone want to be at war with Allah ta ala? .... i think not.... there is absolutely no need what so ever for anyone to hold a credit card or have their money in a bank or to deal in mortgage etc. i have never had a bank account, nor a cheque book, nor a credit card ( even before i was muslim because I knew that many of the banks made their money off slaverly, and are still making people suffer so much untill today banks invest in all sorts..)
If u have too much money then spend it for the sake of Allah ta ala theres no need to have lots of money saved up in a bank... spend it fisibillah and dont go to war with Allah ta ala, you will never ever win, what about on the day of judgement.... anyone want to be raised like a crazy person, anyone want to swim in a river of blood and have rocks thrown in his mouth and be drowning and struggling in that river of blood, maybe for 50 thousand years (how long the judgment day will last) struggling like that, because of their credit cards, bank cards etc?....think about it ...
Why you hate barclays?
their bank charges are just bloody ridiculous
i bank with HSBC and the Woolwich now which are best in my experience of trying out every high street bank
their bank charges are just bloody ridiculous
i bank with HSBC and the Woolwich now which are best in my experience of trying out every high street bank
Ok, Will keep that in mind
Is it Haram to have a bank account?
Ok, Will keep that in mind
Is it Haram to have a bank account?
:D just keep it in the shoe box under your bed bro if your worried ;)
:D just keep it in the shoe box under your bed bro if your worried ;)
Rofl .. you been nicking my money? .. Coz that is where i keep it :rotfl: Now i know who to ask when my money goes missing :p
Ok, Will keep that in mind
Is it Haram to have a bank account?
youre bearing witness to riba based transactions by banking with them,even if u dont take the interest by letting them hold your money,seriously muslims this is not a joke this is deadly serious do u not heed the warnings of Allah ta ala and his messenger salallahu alleyhi wa salam? does doing something a sin, so grave that its equal to commiting incest with your own mother mean nothing to you? not concerned with having war declared against you by Allah ta ala? not afraid? u should be !
( sorry fais akhi not referring specifically to you or anyone just general a warning )
youre bearing witness to riba based transactions by banking with them,even if u dont take the interest by letting them hold your money,seriously muslims this is not a joke this is deadly serious do u not heed the warnings of Allah ta ala and his messenger salallahu alleyhi wa salam? does doing something a sin, so grave that its equal to commiting incest with your own mother mean nothing to you? not concerned with having war declared against you by Allah ta ala? not afraid? u should be !
Thats why i was asking, So what should one do :scratch: ..
Thats why i was asking, So what should one do :scratch: ..
deal in cash, and for people who claim they cant live without their bank account,and cards and credits cards etc etc. then how come i manage just fine i`ve never had one
deal in cash, and for people who claim they cant live without their bank account,and cards and credits cards etc etc. then how come i manage just fine i`ve never had one
Right now i am dealing in cash ... Ill keep it like that Inshallah.
aslamu alaikum warehmatullah wabrakatu,
as far as riba loans are concerned...that is the student loans (islamonline.net ...live fatwa sessions)....I asked Dr Monzer Kahf ( a very well renowed scholar in financial matters) and shiekh Ahmed kutty, they said that (in my case due to some circumstances that i mentioned to them) that u can sign the riba loan BUT with the INTENTION of paying it back BEFORE interest accumulates...
but ofcourse Allahu Alam abt eveything...
walaikum aslam warehmatullah wabarakatu
with student loans..they start adding the interest on straight away...so unless you pay it off within i think 11 months...you won't get interest put on it..but if you could pay it off within 11months..you wouldn't need one in the first place
what about interest free overdrafts?
is that okay?
what about interest free overdrafts?
is that okay?
anything to do with a bank at all including an overdraught is dealing in riba even if u dont accept the interest. we have to remember theyre not looking after your money out of the goodness of their heart they are benefitting from it by dealing in riba with your money that you bank with them. There are so many specific rulings about buisness transactions, and loans etc. in Islam which have specific conditions all mentioned in sahih hadith and Quran.
hmm..i suppose thats true...but we need bank accounts?? if you had an account with the cooperative bank where they invest your money in 'ethical' goods...and have interest free options..is that okay?
at the moment i highlight any interest in my account, so i know how much is mine and how much is theirs
thats a good point ukhti i was gonna say for anyone whoose boss pays them in cheque only, and refuses to give them cash, then co-op bank may be the best option because they dont deal in arms, or invest in war and haram goods like the other banks, its for the most part ethical banking,dealing in fair trade goods and stocks and shares, and the lesser of the evils, although still they are dealing in riba but perhaps this would be a place to get the pay cheque cashed and then withdraw all the money right away, so u dont accumilate riba i think co-op bank only pays the interest once a year, so u could just make sure all the money is withdrawn before the interest payout? also dont forget even the co-op is dealing in alcohol and pork and so if u leave any money with them this could be used to invest in such things, this is how banking works they borrow your money that u bank with them, and then use it to make money for themselves, allahu alam i dont know i just get so freaked when i read the Quran imagine that being at war with Allah ta ala !! subhanAllah may Allah ta ala protect us from dealing in riba amin
.: Anna :.
30-11-06, 01:08 PM
co-op current account does not actually give u any interest? i had a current account with them for about 5 years n they dont give it... i think only for the savings they do? or mayb i asked em not to give it? i cnt remember... but neway i hav an account there n they dnt put interest in, so for that sake i would recommend em more than others.
but also u can go to like the islamic bank of britain they got a few branches now here n there, or else wat about the hsbc amanah current account or stuff like that?? im actually quite clueless about finances etc so dnt kno how good these things r but jst some suggestions
amatullah_amina
30-11-06, 05:34 PM
aslamu alaikum warehmatullahi wabrakatu,
i live in canada ALhumdulillah...and its soooooooo hard to convince that i dont want to take the riba loan....But Alhumdulillah Allah has helped me...i wish i could get sumhow an interest free loan inshaAllah here (in tornto)....
but khair Alhumdulillah as long as i inshaAllah pay it wid the intention not to pay riba then inshaAllah it will be ok Allah willing...
walaiukkum alsam warehmatullahi wabrakatu
salaam peeps
surely you guys all have Islamic Banks in your countries? they've been around for 30-odd years. even western countries now have Islamic Banks. islamic banks never deal in interest - and they have to get approval from a group of ulema to ensure they are complying with the rules of Sharia'a. they must avoid doing business with companies that deal with alcohol, pornography, pork, tobacco, arms-dealing etc.
some islamic banks will even be able to help you to buy a house, car or commercial property - all without giving or receiving Riba.
the West's oldest islamic bank is Islamic Bank of Britain (www.islamic-bank.com) and it's been around a few years. there's rumours of a few more being set up in England soon as well. France, Germany even Sweden will follow suit shortly insha'Allah.
summer786
07-04-07, 10:43 PM
Yeh but the 'islamic banks' are all owned by big western companies who see this as a different market and find other ways to extort money out of us. in some ways they're worse than normal banks
but at the end of the day we should 'fear Allah a much as [we] are able'. Ribaa is so serious, its the only thing that Allah has decared war against in the quran:nervous: so steer clear, aite!?! :)
deal in cash, and for people who claim they cant live without their bank account,and cards and credits cards etc etc. then how come i manage just fine i`ve never had one
sis, masha'allah but my probs here is that I get my EMAs coming through and it has o go to a bank account...ive got like 70p interest already, and its really biting the back of my mind off...astaghfirullah.
help me out here, anyone switched their account im thinking bout goin onto the hsbc amanah account?
what do i do wit the interest ive got?
Assalam-alaikum,
The issue with Credit cards / Store cards is not the card itself, if you're paying it all off before the interest is applied. It is actually the contract as you've agreed to pay it, and Allah has forbiden it.
All paths that lead up to such haraam actions are also haraam.
Having a bank account on the other hand, must be a simple account and not interest bearing. I believe the scholars allow such (min) banking to safe guard your money.
And Allah knows best.
summer786
07-04-07, 10:57 PM
sis, masha'allah but my probs here is that I get my EMAs coming through and it has o go to a bank account...ive got like 70p interest already, and its really biting the back of my mind off...astaghfirullah.
help me out here, anyone switched their account im thinking bout goin onto the hsbc amanah account?
what do i do wit the interest ive got?
like the last sister said, get a simple, interest-free account and then get the ema to go there, in the meanwhile, get rid of the interest....give it to charity or something, but just don't spend it on yourself
like the last sister said, get a simple, interest-free account and then get the ema to go there, in the meanwhile, get rid of the interest....give it to charity or something, but just don't spend it on yourself
jazaka'allah....the thing is i did nearly spend until i remembered that i have interest in this money, so i went to figure out how much of it was interest...and after doing so its been itching my mind as to what is the point with this account ie i should change to an interest free 1.
about giving it to charity, i have been told that this is wrong,a nd withthough it oesnt sound right, given haraam to what is good...my nana told me that when she askd a scholar they repied it was best in this kuffar country to give not to the nedy but rather to invest on roads etc because that way your not harming the people with that which is haraam...:rolleyes: if that made sense
Lambo5688
07-04-07, 11:13 PM
Is it ok to charge a credit card and pay it on the first bill so no interest is charged? Becuase me and my family have never payed interest on a credit card charge - we just pay it full on the first statement.
summer786
07-04-07, 11:16 PM
jazaka'allah....the thing is i did nearly spend until i remembered that i have interest in this money, so i went to figure out how much of it was interest...and after doing so its been itching my mind as to what is the point with this account ie i should change to an interest free 1.
about giving it to charity, i have been told that this is wrong,a nd withthough it oesnt sound right, given haraam to what is good...my nana told me that when she askd a scholar they repied it was best in this kuffar country to give not to the nedy but rather to invest on roads etc because that way your not harming the people with that which is haraam...:rolleyes: if that made sense
road tax pays for roads, theres no road donation company. all charities are for living things ultimately. some other knowledgable person (cant remember his name) said that the moneys not haraam for the person recieving in charity if you have the money anyway, otherwise the bank will use it for non islamic purposes so its best to give in charity
difference in opinion , i guess
road tax pays for roads, theres no road donation company. all charities are for living things ultimately. some other knowledgable person (cant remember his name) said that the moneys not haraam for the person recieving in charity if you have the money anyway, otherwise the bank will use it for non islamic purposes so its best to give in charity
difference in opinion , i guess
hmmm pretty fair point...abou the road thing, i think it was like relevant with the poorer countries.:rolleyes:
summer786
07-04-07, 11:21 PM
hmmm pretty fair point...abou the road thing, i think it was like relevant with the poorer countries.:rolleyes:
self :smack:
u happy now :p
self :smack:
u happy now :p
hahaa, no i was just sayin. I will make raise that poin next time im at grans...and insha'allah i will go to HSBC ASAp to open an account with them...that'll be tuesday insha'allaah.:D
summer786
07-04-07, 11:28 PM
hahaa, no i was just sayin. I will make raise that poin next time im at grans...and insha'allah i will go to HSBC ASAp to open an account with them...that'll be tuesday insha'allaah.:D
good good, alhumdulillah
some old people are very set in thier ways, tho. be careful not to start an argument (yeh, had bad experiences....:rolleyes: )
but im sure your gran is lovely :D
Yeh but the 'islamic banks' are all owned by big western companies who see this as a different market and find other ways to extort money out of us. in some ways they're worse than normal banks
but at the end of the day we should 'fear Allah a much as [we] are able'. Ribaa is so serious, its the only thing that Allah has decared war against in the quran:nervous: so steer clear, aite!?! :)
where are you getting that from sister? True Islamic Banks are not owned by western companies. The biggest and oldest Islamic Banks are all independent, and owned by either a family, group of individuals or shareholders.
What might be confusing you is that a lot of Haraam banks have now decided to jump on the bandwagon and offer their own "Islamic" bank accounts. Basically, they are doing this because so many Muslims are joining Islamic Banks that they needed to find a way to stop their Muslim customers leaving. I can see your argument if you say that non-Islamic banks promoting their Islamic accounts are just in it for the money.
but saying that independent 100% Islamic Banks are trying to extort money out of Muslims is unfair i think. after all, there's far more money in the Haraam finance market than in Islamic Finance. and if the Muslims won't support Halaal options when they are offered the Halaal alternative, then the Ummah only has itself to blame for the dominance the Kuffar have over us to the point where almost every Muslim is being touched by the sin of Riba.
and Allah knows best...
Ignatius F. Peace
08-04-07, 12:34 AM
How about investments? Lets' say you buy a piece of real estate and when you sell it, the equity surpasses the interest you paid on the loan?
summer786
08-04-07, 12:51 PM
where are you getting that from sister? True Islamic Banks are not owned by western companies. The biggest and oldest Islamic Banks are all independent, and owned by either a family, group of individuals or shareholders.
What might be confusing you is that a lot of Haraam banks have now decided to jump on the bandwagon and offer their own "Islamic" bank accounts. Basically, they are doing this because so many Muslims are joining Islamic Banks that they needed to find a way to stop their Muslim customers leaving. I can see your argument if you say that non-Islamic banks promoting their Islamic accounts are just in it for the money.
but saying that independent 100% Islamic Banks are trying to extort money out of Muslims is unfair i think. after all, there's far more money in the Haraam finance market than in Islamic Finance. and if the Muslims won't support Halaal options when they are offered the Halaal alternative, then the Ummah only has itself to blame for the dominance the Kuffar have over us to the point where almost every Muslim is being touched by the sin of Riba.
and Allah knows best...
I'm not having a go at independent banks...its just things like this (http://www.american.com/archive/2007/march-april-magazine-contents/islamic-banking-is-it-really-kosher)and this (http://www.ummah.com/forum/showthread.php?t=83247)that put doubts in people's minds. I'm saying people can't use normal banks after halaal ones are on offer, coz then they cant say they have no choice....
Lemme balance the argument ...
GOoOoO HALAAL BANKS!! :banbear:
...and Allah know best
How about investments? Lets' say you buy a piece of real estate and when you sell it, the equity surpasses the interest you paid on the loan?
if you got a loan on an interest-basis then that is not allowed. the scholars have a consensus on this matter. how much profit you make from the money afterwards is irrelevant. you can't say:
"yes i did something Haraam, but because i got a lot of money from doing it that makes it OK!"
in terms of investments, there are plenty of ways to do this without resorting to Riba.
if you want to buy stocks and shares, you can invest in islamically-approved investment trusts. that way you can choose how much you are investing and you have piece of mind that your money will not be used to support businesses that deal in alcohol, pork, pornography, tobacco, arms-dealing etc.
if you want to invest in "real-estate" (i presume from your usage of that term you are based in N. America!) then it's not that difficult. what a lot of Muslims in UK do is get together with their savings, buy a property in partnership (what is known asMusharakah or more classically Shirkatul-Milk). this way you are able to invest in property and then share any profits with your fellow investors.
there are even a few more organised real-estate investment opportunities out there - in UK some of these are provided by Ansar Finance Group and 1st Ethical Limited (both based in NW Egland) that i am aware of. they do not involve any "gearing" (i.e. interest) and always get guidance and approval from Sharia'a experts before starting new types of investments.
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