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View By Subject 201 fatwas
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Tricks do not make Riba (usury) lawful
I wanted an amount of money, so I transferred the ownership of a piece of land that I own on paper to my brother. After this, I went to an authority that sells on installments and told them that I want to buy this land which is worth 200 thousand Riyals. They agreed to buy it from its owner and sell it to me on installments for 260 thousand Riyals... More
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Selling deferred debt for a lesser amount is Riba (usury)
There is a strange transaction that takes place here and that I have never seen the like of it in Islamic Fiqh (jurisprudence). Some sellers go to people at home, make customers and sell them things on installments. As a result, the seller may have ten thousand dollars as a debt that should be paid by his customers. After that, he might be obliged.. More
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Receiving a salary by overdrawing in case it is delayed
I am an employee in the government sector and have a bank account from which I receive my salary. Sometimes, I am forced to receive it by overdrawing, due to the salary being delayed. Please advise us in this respect... More
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You are only obliged to pay the original amount of the loan
Alsalam Alaikum My question is regarding loans. When I was younger I wasnt religious and made a mistake of taking an interest student loan to finance my studies. Alhamdulilla now Allah has shown me the right path to Islam and after completing my studies I am thinking about repayments. I took the loan when I was studying and living in one country and.. More
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Wants to take a Riba-based loan to continue his studies
Assalamu aleykum. We have a system of saving money through savings and credit cooperative societies (SACCO). certain amount is deducted each month from your salary (by your consent) and this amount becomes your share in the society. They provide loans of upto 3 times your share which you repay with an interest of 1% per month (12%per year). i am a.. More
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You only have to pay the original debt
My family first bought our home from a company which was considered halal by the local masjid to buy from, because they didn't charge an interest rate and they didn't deal with banks. After some years the company was sold to Country Wide, and they started charging us interest, and after that, Country Wide was bought by Bank of America. So basically.. More
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Charging the tenant extra money if he delays paying the rent
Peace be with you. Our building owner warn us that if we pay the rent late (for 10-15 days probably) he would charge 500 more money. Unfortunately we payed after the period was elapsed and he urged us to pay 500 more or leave the house. What is the ruling of this matter, it seems like he is charging riba i.e. usury from us as charged with credit cards.. More
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Benefitting from a car bought with a usurious loan
Salaam, I live in a shiah country, and according to our fiqh, bank interest can be free from Riba if some criteria are met. I personally do not agree with this rules, and I think the interest might be Riba. However, my father and mother do not consider it Riba (with their own reasoning, like many other people). The father of family has bought a car.. More
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Taking Riba is the only way for her to migrate to a Muslim country
salam aleikum.. i know its big haram to take riba, but is it still haram to take riba for to take my husband and the children and make hijra for to move to muslim country.. we now live in koffar country in the europe and its very bad especially for the children and we know many muslim families here who the goverment have take the children from the parents.. More
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Borrowing money with Riba for making an eyebrow hair transplantation
salam aleikum.. i have one question. i have some decise in my eyebrows to make the hair there to not grow. i have this since i was 16 years. i only have very little hair there and when i was younger i must to make make up in my eyebrows because it look ugly and i cant show myself to anybody. i know its haram to make tatoo, but because i cant make makeup.. More
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Joining upromise rewards program
Assalaamu aliakum
There are certain financial programs these days where you sign up and get a few cents back on your debit card for each purchase you make. It encourages you to spend with the notion that you will get something back in return. Is a transaction such as this allowed Islamically?
Here's an example:
"Become a Preferred Diner and you'll.. More
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Wants to use interests to buy gold for his sister whose gold was stolen
My brother left home and take my sister gold along with him who is married, now parents are forcing me to make her new gold jewellry bcoz if her in-law come to know about this then there will be a big problem.
I have some interest amount around 6000 Indian rupees in my saving account, I have to pay a big amount to buy a gold for my sister. So my question.. More
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He took a Riba-based loan to help his cousin
assalamu alaikkum.
i have taken a housing loan for one my cousin in my name. i have realised that it is haraam since it involves interest(riba). my cousin is having enough money but he is not relieving me out of this sin. my question is whether Allah will forgive me for this? also im showing this loan to get tax exemption( india ). can i continue to.. More
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Father overburned with huge debts and can repay
AsalamoAlikum After months of efforts i have found a more clearer picture of my father's business work. He is in huge debts(mix of people and bank) which he says will be paid off completely only if his business goes on smoothly for 3 to 4 years atleast without any disturbance. He has repented from interest loans but is still paying on.. More
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His company wants to buy him a car with a Riba-based loan
I work in a pharmaceutical company where they take a loan from a bank with intrest and buy me a car , where the company will pay the bank as long as I am employed there.
And in case I left the company before the loan setellment I SHAL PAY THE BANK .
Should I take the car.. More
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