Riba
2 articles tagged “Riba”
Article•11 Sept 2026
Is Earning Interest on Savings Haram? (2026): What to Do With It in Kenya
Yes, interest on a savings account is riba. What to do with interest already received, how to read a Kenyan bank or M-Shwari statement, and the halal savings options with printed profit rates.
H
HalalWallet Editorial Team
Article•8 Sept 2026
Is HELB Loan Halal? (2026): Interest, Penalties and the Alternatives
HELB's undergraduate loan carries 4% interest and a KES 1,000 yearly ledger fee, which makes it a riba contract; the scholarship and bursary parts are grants. The fiqh positions, the printed terms and the halal routes.
H
HalalWallet Editorial Team