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Contracts

Fatawa

Working in conventional banks : working in a bank : [4]

Question: I am working as a dy. Manager in a reputed bank .In India you know how banks run and their way of income etc. But since I am working in a bank in India, can my job in any way ....

Subjects: Banks; India; Islamic Banks; Labour

Fatawa

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

Fatawa

Non essential interest clause in a contract : interest clause in letters of credit

Question: I have an import business, where I import the goods using L / C facilities (letter of credit) provided by Reba Bank. I deal with this bank due to many restrictions and limitations that exist with the only Islamic Bank ....

Subjects: Bank loans; Contracts; Islamic jurisprudence; Usury

Fatawa

Customer services in Islamic banks

Question: I have an import business, where i import the goods using L / C facilities (letter of credit) provided by Reba Bank. I deal with this bank due to many restrictions and limitations exist with the only Islamic bank in ....

Subjects: Competition; Customer services

Fatawa

Differences about Islamic banking

Question: How come that there is some accept the non Islamic banks and some does not accept that.

Subjects: Islamic Banks

Fatawa

Sale with conditions in the contract : barter exchange

Question: Assalau Alaikum, I have a question regarding the view of Islam about barters (exchanging a product for another) i.e., I am thinking of trading my car for another, key-for-key, with no money being exchanged. Jazakum Allah Khair Majid.

Subjects: Contracts; Islamic jurisprudence; Sales

Fatawa

How do Islamic banks work and make profit ?

Question: Assalamu Alaikum. I have a question about the Islamic banking system. I was reading about an Islamic bank in my area that gives loans for houses and cars yet they don’t ask for any interest in return. And the savings ....

Subjects: Financing; Islamic Banks; Profits

Fatawa

Using property bought with interest for prayers and other usages : using equity built through a conventional mortgage

Question: Assalamu Alaikum, here is the situation : 2 years ago I financed a house with interest. I recently found out that I can go through the Islamic bank. The Islamic bank requires 20 % down of the value of the ....

Subjects: Architectural engineering; Contracts; Islamic jurisprudence; Property; Stocks

Fatawa

Sale with conditions in the contract : Is it permissible for sale of merchandise to use a website or market place of a company that deal with interest ?

Question: Bismialah Arahman Araheim, Asalamu Alaikum Wa Rahmatulahi Wa Barakatuh, I recently began selling things on eBay, an internet auction site(http://www.ebay.com). None of the transactions I make involve interest. I do not accept any nor pay with any. I do not ....

Subjects: Auctions; Contracts; Electronic commerce; Islamic jurisprudence; Sales

Fatawa

Sale with conditions in the contract : an alternative to interest-based installment sale of cars

Question: Alslamo Alikom, I have a lease on a car from Toyota Corp. that will expire in the next 3 weeks. I want to buy the car from a dealer who will buy the car from Toyota and sell it to ....

Subjects: Automobiles; Contracts; Islamic jurisprudence; Sales; Usury

Fatawa

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

Fatawa

Signing credit cards’ contract and using it : taking a credit card. Signing its contract and using it

Question: Taking a credit card is it Haram if you’re paying before you get interest ?.

Subjects: Contracts; Credit cards

Fatawa

Liens on lease debts in Islamic banks

Question: Dear Sir, this is regarding leasing systems. Can Islamic bank mortgage a property for leasing of vehicle ? please give me the answer. If the Islamic bank not available then what we should do for our business and financial help. Best regards..

Subjects: Financing; Islamic Banks

Fatawa

Sale with conditions in the contract : television business and credit and cash sales

Question: 1. What rule can be drawn out from the Qur'an and the Sunnah regading the business of television ? Can a Muslim do the business of color televisions ? 2. What is the Fatwa on increasing the amount for credit ....

Subjects: Contracts; Islamic jurisprudence; Sales; Television programmes

Fatawa

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

Fatawa

Working in conventional banks : working in a bank : [2]

Question: I am a student in UK, my father is paying my college fees but he is working in a bank (as I now it is Haram to work there). Is it Halal for me to study in this way ??.

Subjects: Banks; Islamic Banks; Islamic World; Labour

Fatawa

Working in real estates : real estates agent : [1]

Question: Assalamu Alaikum Wa Rahmatullahi Wa Barakatuh. Is it ok to work as a real estate agent ? Jazaka Allahu Khairan Wassalam Alaikum..

Subjects: Labour; Real property

Fatawa

Sale with conditions in the contract : interest clause in a sale contract

Question: Assalamu Alaikum : Jazaka Allah Khairan for this svc. I am selling a property (in UK) and due to incentive problem my solicitor has put interest clauses in lease and contract. I'm afraid to sign documents coz those who do ....

Subjects: Contracts; Islamic jurisprudence; Sales; Usury; Witnesses

Fatawa

Working in insurance companies and as actuary : working as an actuary

Question: Assalamu Alaikum Wa Rahmatullahi Wa Barakatuh. Dear brethren in Islam I have recently graduated and am currently seeking employment. One of the fields in which I hope to go into is actuarial consultancy either for a consultancy company or with ....

Subjects: Insurance companies; Labour

Fatawa

Working in insurance companies and as actuary : working as an IT in an insurance company

Question: Assalamu Alaykum is working in an Insurance company as an IT specialist allowed in Islam knowing that it is a big insurance company dealing with all kind of insurance (including life insurance) ? If there is an alternative to work ....

Subjects: Insurance companies; Labour

Fatawa

Working in real estates : real estates commissions

Question: Is earning a commission from the sale of land considered Halal when you suspect there is foul play in the deal ? (e.g. abuse of power but have no proof of this). If not (Halal), whom should the money rightfully ....

Subjects: Labour; Real property

Fatawa

Working in insurance companies and as actuary : working in insurance companies

Question: Asalamo Alykom I want to ask doctor Qaradawy fatwa (question because : 1-I was his student 2-I believe that his the most admirable (Alam) in the 20th Century. The question is : I work for an insurance company in USA ....

Subjects: Insurance companies; Labour

Fatawa

Trading currencies : long and short currency contracts

Question: Salamu Alaykum From the Fatwa bank, I read that Dealing in Foreign Currency is Halal.The question is about a more specific action in this deal. Where we have two action : (1) Long deal : Where you buy now and ....

Subjects: Contracts; Finance; Foreign exchange; Islamic jurisprudence

Book

Resolutions et recommandations du conseil de l’academie Islamique du Fiqh 1985-2000.

Banque Islamique de Développement, l’Institut Islamique de Recherche et de Formation,; pp.1-295, 295 p.

Subjects: Contracts; Financial transactions; Islamic jurisprudence; Sales; Woman

Book

Resolutions and recommendations of the council of the Islamic Fiqh Academy 1985-2000.

Islamic Development Bank (IDB), Islamic Research and Training Institute (IRTI),; 31-December -2000; pp.1-269, 269 p.

Subjects: Contracts; Human rights; Islamic jurisprudence; Sales; ٌLeasing

Fatawa

Fulfilment of existing contractual obligations to pay interest : an interest-based loan before reverting to Islam

Question: [What is Shari'ah rule on an interest-based loan before reverting to Islam].

Subjects: Banks; Contracts; Debt repayment; Interest; Islamic jurisprudence

Fatawa

[Time-sharing and about advising you to buy it in Spain as you have a good offer ]

Question: Dear Br. AzzamAl Salamu Alaikum, Wa Rahmatu Allah Wa Barakatuh,Your question is about time-sharing and about advising you to buy it in Spain as you have a good offer ?.

Subjects: Ownership; Time

Statistical Reports