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   (1901 - 1950 of 24240)
Fatawa

Dividends, bonuses, rewards and accidental insurance of credit cards : accidental insurance offered by credit cards

Question: Dear Sr, I'm asking about insurance, because I have a credit card, they put extra fees on my account as an insurance against accidents. I can cancel this service but I want to know is this insurance right or wrong ....

Subjects: Credit cards

Fatawa

Working in conventional banks : working in a bank : [6]

Question: Assalamu Alaikum, Please I want to ask about the position of a Muslim working in an interest based bank such as the ones we have in Nigeria. Some Malams said that "since it is a necessity there is no problem ....

Subjects: Banks; Labour

Fatawa

Is insurance permissible ? Life, car, health, property, hazards, shipping, etc. : accident insurance offered by credit cards

Question: Dear Sirs, I'm asking about insurance, because I have a credit card, they but extra fees on my account as an insurance against accidents. I can cancel this service but I want to know is this insurance right or wrong ....

Subjects: Accidents; Credit cards

Fatawa

Interest-based deposits in the Muslim countries

Question: I live in a Muslim country. I have kept my savings in that particular category of accounts on which interest is not paid. However i rarely draw any money, as i am saving it for some future plan. The question ....

Subjects: Usury

Fatawa

What to do with earned interest ? : what do we do with interest money ? : [1]

Question: Thank you for answering my previous 2 questions. I have a daily question by many Muslims ; I will list some facts then the question (1) we receive money from the banks as an interest on our accounts (2) we ....

Subjects: Bank accounts; Banks; Interest; Islamic jurisprudence; Usury

Fatawa

Zakah and taxes-payment of taxes from earned interest ? : tax payment from earned interest

Question: Thank you for answering my previous 2 questions. I have a daily question by many Muslims ; I will list some facts then the question (1) we receive money from the banks as an interest on our accounts (2) we ....

Subjects: Alms tax; Taxes

Fatawa

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

Fatawa

Is insurance permissible ? Life, car, health, property, hazards, shipping, etc. : mutual or cooperative insurance

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 Jannatul-Firdaus. What is the Shari’ah rule about taking insurance ? We need ....

Subjects: Contracts; Insurance; Islamic jurisprudence; Perillous saale; Taboos

Fatawa

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

Fatawa

Term and whole life insurances : whole and term life insurances

Question: What are the types of life insurance that are permissible ?.

Subjects: Islamic jurisprudence; Life insurance

Fatawa

Working in firms that produces sells prohibited items not as main line of business : a job in consulting company that takes some Haram projects

Question: Salam a job in an industrial counseling company is proposed for me. This company offer services and programs to develop activities and rentability of any kind of enterprise. The problem is that among these enterprises, it is very probable to ....

Subjects: Investments; Islamic jurisprudence; Labour; Projects; Taboos

Fatawa

Zakah and taxes-payment of taxes from earned interest ? : taxes and Zakah and payment of taxes from earned interest

Question: A Muslim living in a Islamic country is paying one income tax i.e., Zakah. But a Muslim living in a non-Muslim country like India, Sri Lanka should pay two income taxes i.e., Zakah and income tax imposed by non-Muslim government. ....

Subjects: Alms tax; Taxes

Fatawa

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

Fatawa

Financing house purchase in the west : renting versus mortgage

Question: Assalamu Alaikum : my question may already be one that has been hashed and rehashed through the years, but here I go anyway. It is regarding rent versus mortgage. What is the opinion on paying rent, say $ 1500 on ....

Subjects: Islamic jurisprudence; Mortgages; ٌLeasing

Fatawa

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

Fatawa

Islamic banks in UAE

Question: I have an account with Islamic bank in UAE and that bank gives profit yearly. On this profit some Muslim brother are commenting this is also a kind and different of interest but Islamic banks have termed as profit instead of telling Interest. Kindly make me clear in this regard..

Subjects: Islamic Banks

Fatawa

Signing an insurance contract and escaping its implications : signing an insurance contract then claiming it is not binding

Question: Assalamu Alaikum brothers, my question was regarding contracts (insurance). I heard that during the time of the Prophet (SAW) his wife Aisha (RA. A) agreed a contract to free a slave, it turned out that this contract was denying some ....

Subjects: Insurance policies

Fatawa

Going for Hajj while under mortgage debts

Question: Assalamu Alaykum, Previously, I had already asked whether is ok for me to perform Hajj while I am still paying for my mortgage repayment. Many thanks to the Sheikh who said it was ok, as long as I am able ....

Subjects: Debts; Islamic jurisprudence; Pilgrimage; Subprime mortgage

Fatawa

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

Fatawa

Examples of lack of justifying needs : taking an interest-based loan to help paying an interest mortgage

Question: Salam, I am a student and I am studying at university. I have taken out a loan from a loans company and I will be charged interest in terms of inflation. I am using this money in order to help ....

Subjects: Interest; Islamic jurisprudence; Loans; Payments; Subprime mortgage

Fatawa

Financing house purchase in the west : buying an apartment in France

Question: Assalamu Alaykum I would be grateful if you could answer three questions : 1) We are presently renting an apartment and now my husband would like to buy a house on credit instead of renting the apartment. Is it Islamically ....

Subjects: Dwellings; France; Islamic jurisprudence; Sales

Fatawa

Working in conventional banks : working in a bank : [5]

Question: I have an interview with a bank, and have been told that it is Haram to work for a bank, is this true ? I have seen one of the other questions, which says all jobs in banks are not ....

Subjects: Banks; Islamic Banks; Labour

Fatawa

Working in conventional banks : working as a teller in a bank

Question: Assalamu Alaikum, I need to know what is the ruling of a person working in a non-Muslim country in a bank as a bank teller who of course makes peoples' deposits into Riba based accounts. I have heard different opinions ....

Subjects: Banks; Islamic Banks; Labour

Fatawa

Islamic windows in conventional banks

Question: Assalamu Alaikum learned brother in Islam i live in a small African country, where a local financial institution is intent on opening an Islamic banking division. I have joined this institution and am involved in the setting up of the ....

Subjects: Banks; Financing

Fatawa

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

Fatawa

Is insurance permissible ? Life, car, health, property, hazards, shipping, etc. : are medical and long term care insurances permissible ?

Question: Is it Halal to purchase medical insurance and long term care insurance ? If not, how do we deal with these potential severe financial events ?.

Subjects: Health insurance; Insurance; Islamic jurisprudence; Medical care; Medicine

Fatawa

Working in firms owned by non-Muslims or with them : working with a non-Muslim who deals with interest

Question: I am a partner in a commercial transport company. The other partner is not Muslim. The company has been using bank loans with interest to finance purchase of vehicles. What I have to do to avoid Shari’ah violation ? For ....

Subjects: Corporations; Interest; Islamic jurisprudence; Labour; Unbelievers

Fatawa

Overdraft facilities from conventional banks

Question: I have a problem with Riba in the bank. We are getting a lot of facilities in the bank. Over draft and loans but i want to escape all this to clear my self after that, what is going to ....

Subjects: Loans; Overdrafts; Transactions

Fatawa

Getting loans from banks while there are Islamic banks

Question: I am a partner in a commercial transport company. The other partner is not Muslim. The company has been using bank loans with interest to finance purchase of vehicles. What I have to do to avoid Shari’ah violation ? for ....

Subjects: Bank loans; Islamic Banks

Fatawa

Financing house purchase in the west : who determines the need of a family for a house ?

Question: Assalamu Alaikum, I read Dr Qaradawi's Fatwa about taking a loan with interest based on necessity. Living in the expensive California state with a family of two kids and a high rent, does this qualify me for buying a house through the US banks ? JAK,-Emad.

Subjects: Housing; Islamic jurisprudence

Fatawa

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

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

Subjects: Housing; Islamic jurisprudence; Sales; United Kingdom

Fatawa

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

Fatawa

No necessity to bank with conventional banks in Pakistan

Question: I am a small businessman need financial help to survive a business recession. I have no property to sell. Problems could be solved by loan from bank. 10 years before under same situation obtain bank loan and discontinued the loan ....

Subjects: Bank loans; Banks; Islamic Banks

Fatawa

Working with pirated intellectual properties ; smuggling : pirating intellectual properties

Question: Salam. Three months ago, I was hired as senior engineer by-----consultants in UK. The firm’s clients are local utility companies that need solutions to civil, structural, mechanical and electrical problems. I manage these projects and deal with the associated clients. ....

Subjects: Intellectual property; Islamic jurisprudence; Pirates

Fatawa

Excuses for interest deals : earning interest for non-working woman with children

Question: please I wanted to ask about bank's interests for a woman like me who cannot work as I have 2 kids at the same time I know no one who could invest me this money. My question is also please ....

Subjects: Children; Islamic jurisprudence; Labour; Wages; Woman

Fatawa

Alternatives to interest : interest and Murabahah

Question: Dearest brother and respected Shaikh, I pray that Allah continues his blessing upon you and accepts your truly valuable work Fisabilillah, and grants you the highest ranks in Jannah, In Sha Allah. Amin. We are an Islamic Television Channel established ....

Subjects: Islamic jurisprudence; Resale on profit; Usury

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

Depositing in interest-based banks in Egypt

Question: Please I wanted to ask about bank's interests for a woman like me who cannot work as I have 2 kids at the same time I know no one who could invest for me this money. My question is also ....

Subjects: Bank deposits

Fatawa

Money won in lottery : [2]

Question: Dear scholar, my husband, after exceptional participation, has recently won an amount of money from the lottery, is that money Haram gained from such games ? if not what is the amount of Zakah that can be derived from this ....

Subjects: Islamic jurisprudence; Lotteries; Money

Fatawa

Financing house purchase in the west : buying a house in Canada : [2]

Question: Assalamu Alaikum. We are a family of four with two kids living in a rented apartment in Toronto Canada. We always dream to have our own house. The financial institutions help to mortgage the house. That is the most common ....

Subjects: Canada; Housing; Islamic jurisprudence; Sales

Fatawa

Alternatives to interest : are dividends forbidden like interest ?

Question: I have bought company shares after saving for 3 years. I receive dividends but I have not sold them yet. Q 1. Are dividends Haram as interest is on savings ? Q 2. Do I need to pay Zakah on ....

Subjects: Interest; Islamic jurisprudence; Profits; Taboos; Usury

Fatawa

Internet marketing and pyramid commission : net marketing sales and commissions

Question: Salam Alikom I would like to ask u about network marketing there is a new company which sell gold through the internet and the person who buys from them can in volved in the business as an agent for the ....

Subjects: Banks; Commissions; Internet marketing; Islamic jurisprudence; Sales

Fatawa

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

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

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

Fatawa

Alternatives to interest does fixing the profit in investment make it like interest ?

Question: One Textile mill is offering investment Certificates and offer profit between 10-15 % per annum. It means they will give profit on year end not less then 10 % and not more then 15 %. It means profit is not ....

Subjects: Bonds; Investments; Islamic jurisprudence; Profits; Usury

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

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

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

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