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View By Subject 201 fatwas
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Inherited business having bank dealings
If you inherit a company from someone and the company uses bank money which deals with interest and you cannot stop that, and are unable to go to an Islamic bank for some time (say 4 years) should you close the company, sell it, or keep it until you can change to an Islamic bank?.. More
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Borrowing from bank to buy a house
I am a converted Muslim. I have money invested in my home country and earn interest on this money. I have a young family. I am saving to buy a house for the family when we return home. I do not have enough money to buy a house; can I use the interest to help with the purchase of the home? There is no way in my western country that a single income.. More
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Interest from court judgement
I had a court case against a company and the court forced the company to pay me some money plus an interest on that money. Can I take this interest knowing that the court order is less than my right because I did not have enough papers proving my case and because of a mistake made by my lawyer?.. More
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Eating food of aunt who works at a bank
My aunt works in a bank. Is it permissible to eat her food?.. More
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Taking interest bearing loan to buy house
First I would like to say that I have no intention to buy a house, but many people say that taking a loan from banks and paying interest for buying a house in occidental countries when the house is not for commercial purpose is allowed. Can you please clarify this for me? wa jazaqumu ALLAHU khairan WASSALAMU ALAIKUM
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Had a Bank Loan
1 year back I took a loan from a bank here to cover some urgent commitment at that time. Now as I still have 2 years to pay for the loan I regret the decision and read about Riba and how both the bank and I are equally mistaken. According to my reading, I know that the lender should give the extra amount of money paid for interest to Islamic affairs.. More
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