Murabahah and installment sale : signing on behalf of mother on her interest accruing account

Fatawa Question

Dear Dr. Monzer, Assalamu Alaykum Wa Rahmatullah Wa Barakatuh, Respected scholars I have two questions : 1.) My mother has had an interest accruing account which she has not used in the past few years. Aside from the money acquired via interest, most of this money has been earned by my mother. When I turned 18, the account then was registered under my name. My mother says that she requires the money from the account. In order for her to get any money from this account, I would have to sign for it. Am I being sinful by signing this account over to her?? It is her money and I may be in the wrong by withholding it from her. 2.) Some people believe that thought is energy and by thinking things we can directly bring them into being. Essentially, it says that we create reality with our own thoughts. It is sometimes referred to as ? Mind power ? Is this belief heretical or blameworthy in any way ? A speedy response would be appreciated respected scholars. May Allah reward you for your honest efforts ? The reasons are that the first question is pressuring me and the second, may have to do with shirk Jazakum Allahu Khairan for your constant help Yours, Sami.

Fatwa

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Publication Date

2008-10-30

Main Subjects

Religion
Law
Islamic Studies

Topics

• Banks
• Islamic jurisprudence
• Interest
• Usury

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-734496

• APA
• MLA
• AMA