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   (1051 - 1100 من 1196)
فتاوى

Financing house purchase in the west : criteria of necessity to buy a house on interest

Question: Assalamu Alaikum, I read about the Fatwa of buying home through mortgage and the key of that Fatwa is two things Islamic solution unavailable and necessity for home buying.My question is what are the criteria of necessity ? Who can set the situation of necessity ?Jazakum Allah Khair.

Subjects: Dwellings; Financing; Islamic jurisprudence; Purchasing; Subprime mortgage

فتاوى

Buying share, stocks and mutual funds : buying shares

Question: Assalamu Alaykum. What is the Islamic ruling on buying and selling of shares ?NotesRequest an urgent reply may Allah Subhana Wa Ta Ala reward you the best. Wassalamu Alaykum..

Subjects: Islamic jurisprudence; Purchasing; Stocks

فتاوى

Alternatives to interest home financing : Buying a house in Canada where the Islamic Housing Cooperative has difficult uncompetitive conditions

Question: Assalamu Alaikum, I'm asking you for a help, will it be Halal for us to borrow money from a normal bank, even thou we have found an Islamic cooperative, which we feel is not the one what will help us ....

Subjects: Competition; Financing; Housing; Islamic jurisprudence; Purchasing

فتاوى

Alternatives to interest home financing : buying a flat in UK

Question: Assalamu Alaikum. I am presently resident in the UK. I am planning to buy a flat for residence In Sha Allah. I found out that there is bank of Kuwait offering Murabahah or Ijarah system as alternatives to interest based ....

Subjects: Dwellings; Financing; Housing; Islamic jurisprudence; Purchasing

فتاوى

Financing house purchase in the west : buying house in the USA

Question: I am a married person living with my wife and 1 child. I have been in USA for five years, living in apartments and paying rents. Now I am thinking to buy a house for me and my family. I ....

Subjects: Housing; Islamic jurisprudence; Purchasing; United States

فتاوى

Using earned interest in payment of a house : using earned interest in partial payment of price of purchased house

Question: Assalamu Alaikum. Please advise me on the following. I have purchased a home with my savings and did not engage in mortgage. However, I accrued interest in my savings account and I did not separate the interest from the money ....

Subjects: Housing; Islamic jurisprudence; Prices; Purchasing; Wages

فتاوى

Signing credit cards’ contract and using it : use of credit cards and their different transactions

Question: المعاملات باستخدام كارد الفيزا في الشراء و هل هو نوع من الربا لأنني أريد أن أطهر معاملاتي من الربا بعد أن هداني الله و أريد أن أوضح لسيادته أن المعاملات تتم على النحو 1-الشراء من المحلات التجارية 2-سحب مبالغ مالية ....

Subjects: Credit cards; Financial transactions; Installment sales; Islamic Banks; Purchasing

فتاوى

Interest loans to buy a car : interest loan for a car

Question: I took a loan to continue on what I saved from money to buy a car. When I took this loan from the bank I was not aware that loans are only legal and allowed for essential purposes. Do you ....

Subjects: Automobiles; Islamic jurisprudence; Loans; Purchasing; Usury

فتاوى

Non-interest charges of credit cards : exchange rate in credit cards transactions

Question: As Salaamu Alaikum. When you buy a product from another country, this obviously involves a different currency. Credit cards allow you to buy in another currency and charge you a "foreign exchange transaction fee" in addition to the corresponding monetary ....

Subjects: Administrative fees; Commissions; Credit cards; Exchange rates

فتاوى

Working in the mortgage system : working as a mortgage broker

Question: Assalamu Alaikum Wa Rahmatullahi Wa Barakatuh !!! I am a recent revert to Islam. Recently, I have begun working as a mortgage broker, (finding loans for home buyers) I don't work directly for the lenders however I get paid based ....

Subjects: Contracts; Dwellings; Financing; Islamic jurisprudence; Loans

فتاوى

Interest loans to buy a car : an already existing loan for a car

Question: I took a loan to continue on what I saved from money to buy a car. When I took this loan from the bank I was not aware that loans are only legal and allowed for essential purposes. Do u ....

Subjects: Purchasing; Usury

فتاوى

Buying share, stocks and mutual funds : buying shares as a tax shelter

Question: What is the rule of Islam about taking shares of companies and organizations like ICCI.Please shed a light on my question. May Allah assemble us in his Jannathul-Firdaus.What is the Shari’ah rule about taking insurance ? We need to take ....

Subjects: Islamic jurisprudence; Purchasing; Stocks

فتاوى

House purchase financing in Muslim countries : buying on mortgage in Morocco

Question: I live in Morocco and there is no Islamic bank. Can I buy a house with interest procedure.Thank you very much.

Subjects: Islamic jurisprudence; Morocco; Purchasing; Subprime mortgage

فتاوى

Interest loan to buy a car

Question: Assalamu Alaikum, I'm a final year medical student studying in Kerala, India. I wish to buy a motor vehicle for my private use. As I've no ready cash, I'm forced to take a loan from a finance group, which offers ....

Subjects: Purchasing; Usury

فتاوى

House purchase financing in Muslim countries : buying a house on interest in Pakistan : [2]

Question: I am interested in buying a house and for this I have to finance it thru a bank. As we all know banks charge interest on the loan they provide and as Muslims we have to stay away from interest. ....

Subjects: Housing; Islamic jurisprudence; Pakistan; Purchasing; Usury

فتاوى

Interest-based loans for housing in Pakistan

Question: I am interested in buying a house and for this i have to finance it thru a bank. As we all know banks charge interest on the loan they provide and as Muslims we have to stay away from interest. ....

Subjects: Bank loans; Housing; Usury

فتاوى

Examples of lack of justifying needs : buying on interest in Canada

Question: Borrowing money from bank to complete a down payment to buy a house to live in with my family ,and a house to invest its rent (I did both ,a house to live in 1994 when I immigrate to Canada ....

Subjects: Canada; Islamic jurisprudence; Purchasing; Usury

فتاوى

Tax reduction effect on buying a house on interest : consideration of tax reduction in house purchase on interest

Question: Assalamu Alaikum Wa Rahmatu Allah Wa Barakatuh. Dear Olama, I have read many of the articles on this site regarding the borrowing of loans with interest (Riba) to purchase a house or to make a business from. I'm a strong ....

Subjects: Dwellings; Financing; Islamic jurisprudence; Loans; Purchasing

فتاوى

Borrowing from conventional banks

Question: Assalamu Alaykum i live in London my parents live in Algeria, they do not have a place were to stay so we hired a place for them but it is too much I want to buy a house for them ....

Subjects: Bank loans; Banks

فتاوى

Competitiveness of Islamic banks

Question: Assalamu alaikom I live in UK and i want to buy a house. The Islamic banks is asking for higher deposits which i can not afford. Can i take a mortgage. Assalamu-Alaikom.

Subjects: Islamic Banks; Subprime mortgage

فتاوى

House purchase financing in Muslim countries : buying a house on interest in Pakistan : [1]

Question: Currently I am looking for a house to buy. Since it is virtually impossible to have the full price of the house in cash, and mortgages involve interest, what would you recommend I do in order to properly pursue this ....

Subjects: Housing; Islamic jurisprudence; Pakistan; Purchasing; Usury

فتاوى

Alternatives to interest home financing : personal lease purchase

Question: Is this Riba ? My brother would like to buy a house. I would like to help and invest at the same time. I plan to buy the house for him and charge him a reasonable rent. Each month he ....

Subjects: Contracts; Housing; Personal finance; Purchasing; Rent

فتاوى

House-purchase loans in Pakistan

Question: Currently I am looking for a house to buy. Since it is virtually impossible to have the full price of the house in cash, and mortgages involve interest, what would you recommend I do in order to properly pursue this ....

Subjects: Bank loans; Purchasing; Real property

فتاوى

Financing house purchase in the west : buying first home in Australia

Question: Hi, I’m a 22 year old Muslim female and I have a question on Usury. I have a lot of Muslim friends who are buying there first homes and investing in banks and so forth so they can make some ....

Subjects: Australia; Housing; Islamic jurisprudence; Purchasing

فتاوى

Promotional prizes with or without purchased tickets : promotional prizes, are they gambling ?

Question: I was looking at a website for Islamic investing and noticed that they are having a promotion where one can win an Umrah trip for 2. Isn't this like gambling and therefore Haram ? If not, please explain the difference ....

Subjects: Airlines; Gambling; Marketing; Purchasing; Tickets

فتاوى

Examples of lack of justifying needs : buying a house to grab an opportunity

Question: Assalamu Alaikum, I am currently living in the UK and I am planning to go and work in Saudi Arabia in the near future but before I go there I want to buy the house I am living in because ....

Subjects: Housing; Islamic jurisprudence; Purchasing

فتاوى

Financing house purchase in the west : buying a house in Europe

Question: Asalamou Alaikoum, I know that Riba is Haram, but in European countries, Imams said that you can for example buy a house with Riba for personal use that means when you buy a house, you cannot rent a part of your house (apartment)...Jazak Allah..

Subjects: Europe; Housing; Islamic jurisprudence; Purchasing

فتاوى

Financing house purchase in the west : buying homes in Canada : [1]

Question: Al Salam Alaikum : this is a brother living in Canada. I have a question that mostMuslims in non-Muslim countries have trouble with. I have been married for two and a half years. My dream with my wife is to ....

Subjects: Dwellings; Financing; Islamic jurisprudence; Purchasing

فتاوى

Examples of lack of justifying needs : buying a residence in Sidney by a person living in Indonesia

Question: In the name of Allah, most gracious, most merciful. All praise and thanks are due to Allah, and peace and blessings be upon his messenger. Dear brother in Islam, I wish to ask a few questions : 1. I want ....

Subjects: Indonesia; Islamic jurisprudence; Purchasing

فتاوى

Financing house purchase in the west : should we sacrifice and pay rent ?

Question: Assalamu Alaikum,Dear Dr,If it’s ok to buy a property on interest based mortgage, in what situation is Riba Haram ?Shouldn't we not take Riba or at least discourage Riba ; as our sacrifice in this life (by paying rent instead ....

Subjects: Islamic jurisprudence; Purchasing; Real property; Subprime mortgage; Usury

فتاوى

Nterest-based financing of house and car is prohibited : what if the Islamic financing is more expensive ?

Question: General, short : someone may say that Riba was prohibited to prevent usurping of the poor by the rich. If the claimed "Islamic" solutions to home financing are much more expensive than mortgage, wouldn't that be against the wisdom of ....

Subjects: Automobiles; Financing; Housing; Islamic jurisprudence; Purchasing

فتاوى

Nterest-based financing of house and car is prohibited : buying mortgaged debts at discount

Question: Assalamu Alaikum Wa Rahmatullahi Wa BarakatuhDearest Shaikh Monzer,My name is Musab and I write to you from Tampa, Florida. InShaAllah you receive this letter and you and your family are all in good health and Iman.Recently, I was introduced to ....

Subjects: Dwellings; Financing; Islamic jurisprudence; Purchasing; Subprime mortgage

فتاوى

Financing house purchase in the west : house purchase in Canada

Question: I am in Canada, I have a rented house since, 5 years, and the rents are going up every day, we always have dispute with wife, regarding house, as I have performed Hajj, and I do not want to get ....

Subjects: Canada; Housing; Islamic jurisprudence; Purchasing

فتاوى

House purchase financing in Muslim countries : necessity to buy a house in Egypt

Question: Salamu Alaykum. How are you doing ? Hope you're enjoying Allah's blessings. Here is a question about interest and Riba :1. With respect to "necessity requiring exceptions" and housing, why would t be necessary for someone in Canada to own ....

Subjects: Egypt; Financing; Housing; Islamic jurisprudence; Purchasing

فتاوى

Working in real estates : real estate agent ? : [2]

Question: My question is about Riba / interest : I am a real estate agent who lives in Singapore. It is a very small island and land is scarce. Most of the homes here are subsidized by the government but they ....

Subjects: Labour

فتاوى

Alternatives to interest home financing : buying a house on installments

Question: Assalamu Alaikum. If I want to buy a home suing my credit card, and to avoid (Reba), I made the bank to buy the home. Then, I made a separate contract-with the bank-to sell me the home on basis of ....

Subjects: Installment sales; Purchasing

فتاوى

Buying share, stocks and mutual funds : investment techniques in stock trading

Question: Dear Sir....I am a Muslim Egyptian and I have a question for you please. I am an investor in the Egyptian stock market where there are some rules ; price changes have a 5 % limit for up and down ....

Subjects: Investments; Islamic jurisprudence; Purchasing; Stocks

فتاوى

Avoiding taxes by using the system’s loopholes : avoiding recording cash sales to avoid sales tax

Question: Assalamu Alaikum Dr. Kahf,I am running a business, in a non-Muslim country. We sell jewelry and watches and also do repair. I have 2 questions... And they are about doing business. 1 we get a lot of customers who want ....

Subjects: Jewelry; Taxes

فتاوى

Buying share, stocks and mutual funds : investment in stocks

Question: As Salamu Alaikum. As a Muslim, am I allowed to invest my money in a stock market and if not why ? And am I allowed to bank with non-Islamic banks and if not why ?.

Subjects: Investments; Islamic jurisprudence; Mutual funds; Purchasing; Stocks

فتاوى

Examples of lack of justifying needs : buying and renting part of it

Question: Assalamu Alaikum, If a person rents a room here (UK) he has to pay say 200 pounds per month. On the other hand if he buys a house (on mortgage), and rent a part of it, he will Safe the ....

Subjects: Dwellings; Islamic jurisprudence; Purchasing; ٌLeasing

فتاوى

Financing house purchase in the west : buying homes in Canada

Question: Greetings. I'd like to ask 2 questions, and thank you in advance for your answers. 1) Is tattoo for females on an unexposed body part allowed / permitted or not. 2) Some people asked you a question about mortgage with ....

Subjects: Canada; Housing; Islamic jurisprudence; Purchasing

فتاوى

Sale with conditions in the contract : buying real estate under foreclosure

Question: Can you please tell me if it is permissible to be involved with real estate foreclosure. If it is permissible, can you tell me the proper Islamic rules involved with these transactions and with all real estate transactions in general. Jazakallahu..

Subjects: Contracts; Islamic jurisprudence; Purchasing; Real property; Sales

فتاوى

Examples of lack of justifying needs : buying a flat in France and renting it

Question: Salam Alaykum, I have bought a one bedroom flat with a bank credit which has got interest. The thing is that I don't live in this flat. I have one person who pays me the rent that allows me to ....

Subjects: Dwellings; France; Islamic jurisprudence; Purchasing; ٌLeasing

فتاوى

Financing house purchase in the west : the Fatwa on home financing in western countries

Question: Assalamu Alaykum, I need all the information that I can get on the Fatwa that allows home financing for Muslim in a non-Islamic state where Islamic financial methods are not adopted. Wassalam Alaykum Muhammad.

Subjects: Financing; Housing; Islamic jurisprudence; Purchasing; Western world

فتاوى

What to do with earned interest ? : use of earned interest : [2]

Question: al Salam Alaikum Wa Rahmah Allah. I live in United State of America I want to buy a house because renting is very hard but I will have to pay interest on the house. I cannot pay it cash I ....

Subjects: Banks; Dwellings; Financing; Islamic jurisprudence; Purchasing

فتاوى

Buying houses in non-Muslim countries : buying a house in Sri Lanka while living in UAE

Question: I am referring to the question ref. WDACB 5. I am staying in UAE last three and half years with my wife and my son (five years old). We are expecting second baby in October 1. I am a quantity ....

Subjects: Housing; Islamic jurisprudence; Purchasing; Sri lanka; United Arab Emirates

فتاوى

Buying a bond or depositing a guarantee money

Question: I have a general contractor's license in the state of California. In order to renew my license I need to purchase a contractor's license bond or I have to make a cash deposit for the amount of $ 7500.0. From ....

Subjects: Bank deposits; Hedge (Finance); Islamic jurisprudence; Money; Purchasing

فتاوى

Studying and working in the other financial firms and the financial sector : working in lease and rent buy financing

Question: Salaam. I work as a finance broker providing businesses finance for purchasing equipment, etc. by leasing and rent / buy arrangements only. I understand this to be Islamically acceptable. What is your opinion ? Also, an opportunity has been given ....

Subjects: Financial institutions; Financing; Labour; Purchasing; ٌLeasing

فتاوى

House purchase financing in Muslim countries: buying a house on interest in Morocco

Question: In the name of god the most merciful, the most gracious. Al Salam Alaykum Wa Rahmatullah Wa Barakatuh. Thank you for giving me a time to read my letter and please if you could answer my following question : in ....

Subjects: Dwellings; Financing; Islamic jurisprudence; Prices; Purchasing

فتاوى

Using property bought with interest for prayers and other usages : prayers on property bought with interest

Question: In USA lots of Muslim bought there home on mortgage i.e., they are paying interest every month on their properties. My question : is it o.k. to pray on the property (house) which is bought on mortgage ? Please let me know. Thanks..

Subjects: Islamic jurisprudence; Purchasing; Real property; Usury

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