Riba
6 articles tagged “Riba”
Is the Start Up Loan Halal? Riba-Free Routes for New UK Businesses (2026)
The government-backed Start Up Loan charges 7.5% fixed interest and is riba. Qardus and the Islamic banks do not finance pre-revenue firms. The halal capital routes for year one, and where invoice finance stands.
Is Cashback Halal? Cashback Cards, Sites and Switching Bonuses in the UK (2026)
Cashback from TopCashback, Quidco and loyalty schemes is a sale discount and halal. Cashback credit cards and bank switching bonuses are benefits tied to loan contracts and contested. What to do with each.
Halal Car Finance UK (2026): Why HP and PCP Are Riba and What Exists Instead
HP and PCP are interest contracts. In 2026 the only FCA-authorised Islamic car finance we could verify is Ayan Capital's Ijara. The banks offer nothing. Here are the halal routes, ranked by cost.
Is Working in a Bank Haram? The UK Answer by Role (2026)
Whether a bank job is haram depends on what the role does with interest, not the name on the building. Roles ranked, the scholarly positions, the Islamic window case, and what to do if you already work in UK banking.
Are Premium Bonds Halal? NS&I's Prize Draw Under Islamic Law (2026)
Premium Bonds are a loan to the government with a return allocated by lottery. Most scholars rule them impermissible on riba grounds, with maysir as a second objection. NS&I's terms and the halal alternatives.
Is Expected Profit Just Interest With Extra Steps? The Honest Answer (2026)
The sceptic's question deserves better than a brochure answer. We take the strongest version of the objection to UK Islamic savings and test it against the contracts, the scholars and the money flows.