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84 fatwas

  • His Roommate Insisted on Him So He Helped Him Get A Credit Card on Riba-Based Conditions Date: 25-8-2020

    Assalamwalekum, I have a roommate who is also a muslim. Recently he applied for the credit card, it got a limit of 50 days for payment failing which he has to pay interest. The thing is, i actually helped him getting the verification done for the credit card but i didn't intended to so and didn't wanted to but he kept on insisting on this. I want to.. More

  • Not Obliged to Pay Zakaah on Loan until You Receive It Date: 19-7-2020

    As-salaamu 'alaykum, My brother is the owner of a small enterprise that take part in Government bidding for the supply of Medical, Surgical and Lab Items. Please note that the way his enterprise works is that he takes part in Bidding for the yearly, monthly or occasional bulk supply. After winning the bid he makes a contracts with customers for the.. More

  • Bankrupt and Wants to Borrow a Riba-Based Loan Date: 20-10-2019

    Assalamualaikum syekh. I was bankrupt and could not pay off my debt to the bank. I don't have anything to sell to pay off my debt. Which is better, whether to borrow from another bank with a lower interest rate or leave my debt until I can pay it off? Thank you. .. More

  • Taking Back a Loan after Intending to Drop it Date: 26-6-2018

    assalamu alaykum. suppose i gave some money to my friend as a loan. then he made so late to give it back. so i forgave the loan in my heart but i didn't inform him about that. after some days he wanted to give it back, in that case is it allowed for me to take it as i forgave it in my heart? .. More

  • Forgetting exact amount of debt Date: 3-1-2018

    Assalaamu alaykum. What is the ruling if someone borrows money from another person and after a while does not remember how much money he has borrowed exactlyand even the person who lent the money do not remember? For example, let us say that I borrowed an amount of money from my brother, and we are almost sure that it was 500, and then after a while.. More

  • Creditor taking money from procrastinating debtor Date: 14-11-2017

    Assalaamu alaykum. I lent some money to someone many years ago, but that person has not returned my money, but now I have come across some money that belongs to that person (which is less than 1/5 of the money I lent him). Can I keep that money as a return of the money which I lent him without telling him? I know that this person will never give my.. More

  • Dying before paying off debt to government Date: 4-11-2017

    Assalaamu alaykum. My question is regarding debt. If someone owes a debt to the government and he dies before paying it all back and then the debt is written off by the government, is he still accountable on the Day of Judgment even if the rule says that it cannot be paid back by his family? Assalaamu alaykum. .. More

  • Creditor cancelled debt but debtor insists on repaying it Date: 9-10-2017

    Assalaamu alaykum. I lent some money to a person as a debt. After some time, I forgave the debt and cancelled my right; I did this only for the sake of Allah. Now that person has money and insists that I take my money back. What should I do? Is it halal for me, or should I take it and spend it in charity? .. More

  • Not writing debts wherein payment date is not specified Date: 29-6-2017

    Assalaamu alaykum. According to Islam, the writing of deals involving credit is obligatory, but in case of an agreement that there will no be date of payment, that the customer will pay as he can and when he can, and in case that they agreed that no acts will be written as warranty, how will things work? The Quran also commands to respect agreements,.. More

  • Demanding loan/gift repayment from in-laws Date: 1-3-2017

    Assalaamu alaykum wa rahmatullaahi wa barakaatuhu. I got married two years ago and have been staying with my husband's family. My father-in-law had taken 43 lakhs from my parents for my husband's further education, but after the marriage, my father-in-law and stepmother-in-law started troubling me, and due to this my husband and I took the decision.. More

  • Taking bank loan to build mosque Date: 22-11-2016

    Assalaamu alaykum. My wife wants to mortgage her ornaments with a bank and use that money to build a mosque. Is it okay to go ahead with this or not? Please confirm. .. More

  • Loan must be repaid to creditor unless he authorizes someone else Date: 16-11-2016

    My husband took one lakhs as a loan from my sister before her marriage with my husband's brother. During my sister's marriage, my father-in-law asked a loan of one lakh, and my brother gave that money. After a few months, some quarrels occured, and I asked my husband to give one lakh to my brother and end this matter. My husband sent one lakh and we.. More

  • Ruling on setting up cooperative fund (Jam'iyyah) Date: 13-10-2016

    Assalaamu alaykum. Suppose that 10 persons make a fund and each one saves 100$ per month. Every month, there is a draw and the winner takes the whole money and can use it in his personal cause. The winner of this month cannot be the winner again until all others win the draw, one by one, and it thus continues. Every person has to continue to save in.. More

  • Wife is not Islamically obliged to pay the debts of her husband Date: 26-4-2016

    Assalaamu alaykum. A men proposed to me and wants to marry me. We live in europe; he has a debt and is paying that off. He has an agreement with the government of our city that he pays a certain amount per month for three years and then what is left of the debt is going te be cleared and he wil be debt free. I work for this government and want to stay.. More

  • Loan processing fees are not considered interest Date: 5-1-2016

    Hello I am a poor student. My college gives all student a 120$ loan. Yes, it is a very small sum of money, but my family are poor and that amount can help me . However, my problem is that this loan has an interest rate of 4%. I cannot eat haram money. With this loan, the student must repay it by installments after five years. In other words, after five.. More