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View By Subject 16 fatwas
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Avoiding Usury and Prohibited Transactions
Salaam I do work as a accountant for different companies, the main business they do are halaal, but some companies have taken loans or pay minimal interest from a current account sometimes, can I do the books but no record the interest or record it as fines or just take it to a suspense account and tell the people to stay away and pay off loans, also.. More
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Father Forced Him to Get a Riba-Based Loan
Salaam aleikum. I'm a man in my 30s and when I was a teenager my father forced a student loan on me without my approval. He went to the office with me and forced me to take the loan and sign my name by intimidating and threatening me. It didn't matter how many times I said I didn't want to, he just didn't care.At that time I also didn't know that taking.. More
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Exchanging one mobile phone for two
Assalaamu alaykum, dear Shaykh. A scholar was asked about exchanging two mobile phones for one, and he said that there was nothing wrong with that and that it does not constitute interest because these things are not part of that category. However, recently, another scholar was asked about exchanging two bottles of cold drinks for one, and he replied.. More
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Buying gold or silver coins on internet
Assalaamu alaykum. I have understood from a previous fatwa on the website that buying gold or silver coins has to be done hand to hand, but I need further clarification on the alternative of having a safe with the seller if the transaction is done online. In my country, there are no coin shops, and buying and selling coins is done online. I am really.. More
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Buying gold or silver-plated jewelry on the Internet
Praise be to Allah. Buying silver plated and gold plated jewelry from the internet. Not silver or gold the base is from brass. Salam Aleikom .. More
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Selling gold that contains stones
How should the gold that contains “stones” be bought and sold?.. More
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Selling non-Riba item in return for the same kind along with increase and deferred payment
Could you summarize the opinions of the scholars on the ruling of Riba An-Nasee’ah (increasing the price of an item in return for deferred payment) regarding selling non-Riba items for me?
May Allaah Reward you. .. More
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Selling gold for gold and silver for silver
I would like to know the meaning of the Hadeeth in which the Prophet, sallallaahu ‘alayhi wa sallam (may Allaah exalt his mention), forbade:
1- Selling silver for silver except like for like, without any difference in quantities,
2- Selling gold or silver that is not present at the moment of exchange, for gold or silver that is present.
[Al-Bukhaari.. More
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The Gold Quest Company commits several violations of the Sharee'ah
I want to ask about the Gold Quest Company. This company deals in rare coins. A coin's value might be $800, and the company allows the customer two options, either to pay the value at one time or to pay in installments. It also allows him to market the coin. If he manages to bring ten customers, he receives a 5% commission, and every time he brings.. More
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Impermissibility of selling gold for any currency on credit
What is the ruling on selling gold for dollars in a credit sale and what is the proof of the ruling? Can a jurist say that gold and dollars are different types, which make it permissible for them to be sold in cash or on credit?.. More
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Selling silver for a delayed price
Asalamu alaikum, I am doing some research about Islamic solutions to student loans and wanted to ask if this is permissable. For example, If the Lendor has a $1000 (market value) of silver and a student is in need of $1000 to pay for school, can the lendor sell the silver for $1200 ($200 in profit) to the student, who will himself sell the silver.. More
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Borrowing and repaying debts
I read from your site that all currency like dollar have the same Hukum to gold and silver, and I know that is not allowed to take a gold in order to give the same weight of the gold later on. My question is: Is it allowed to borrow 100 dollar or pound in order to give after one month the same price. .. More
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Purchasing with interest free time limit
My question is concerns some shop here in Australia. Sometimes here in Australia shops offer to buy a product with for example 3 years interest free. After the 3 years and if the customer did not pay the full price an interest will apply for the remaining of the prise. Is that Ribaa? .. More
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Buying a car through "trade in" transaction
I would like to know if the so-called "trade in" transaction is Halal? I have an old car, and would like to by a new one.Can I go to a car dealerwhere he will evaluate the price of my old car and deduct it from the price of the car he is selling me? I was told it is Haram to do that? Please advice me regarding this matter,citing from Sunnah.. More
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Receiving from a bank less money than requested, but having to pay the full amount
Sorry to write the question in English but it is easier for me to use in computer. I am Arabic citizen. In my country if you want to build a house you can ask for a loan from the bank. When you receive the money, you receive an amount lesser than what you asked for, but when you want to pay the bank the loan you should give the amount you asked. For.. More
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