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   (1951 - 2000 of 29634)
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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Working in real estates [1]

Question: Dear brothers : please answer this question base on Qur’anic back up. Is working for real estates or being a real estates agent Halal or not ? If it is not why ? Give detail, if it yes please give detail. Thank you very much..

Subjects: Labour; Real property

Fatawa

Sale of prohibited items : renting a place for an ATM of conventional bank

Question: Assalam-U-Alaikum Wah Rahmat Allah Wa Baraka I am a businessman situated in India. I have recently constructed a small building for commercial purposes which I intend to rent / lease out to some good company / firms. I have been ....

Subjects: Automated tellers; Banks; Islamic jurisprudence; Sales; ٌLeasing

Fatawa

Is insurance permissible ? Life, car, health, property, hazards, shipping, etc. : life insurance and educational insurance

Question: Assalamu Alaikum Wa Rahmatullah Allah Wa Barakatuh !!! My question is on insurance. Would you please advise if insurance is acceptable ? We have currently life insurances as well as educational Insurance for our daughter. Additional to that, we have ....

Subjects: Education; Insurance; Investments; Islamic jurisprudence; Money

Fatawa

Conditions in home financing contracts : late fees and penalties

Question: In a buy-in-installments / lease agreement, would a late fee, or a breach of contract penalty fee, be considered Riba ? For example, if I miss a payment one month, I would be charged 10 euro for not fulfilling my ....

Subjects: Administrative fees; Commissions; Fines (Penalties); Islamic jurisprudence

Fatawa

Financing when you don’t have Islamic banks

Question: Dear Sheik, we're living in an economy that runs through the function of interests. We don't have an Islamic bank in this country yet. Although we have some Islamic institutions assisting us to acquire a house through what they called ....

Subjects: Usury

Fatawa

What is the alternative to the interest-based banking system ?

Question: Assalamu Alaikum. I am facing some queries with presently available BANK interest. All these are :1) Is the present Banking system ok in respect to Islamic Jurisprudence ?2) If we say present Bank-interest is Haram, we have to think about ....

Subjects: Islamic Banks; Usury

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

Is insurance permissible ? Life, car, health, property, hazards, shipping, etc. : free life insurance as an employment fringe benefit

Question: I live in the US. My employer gives me life insurance without a fee (as an added benefit). Do I have to follow Islamic laws of inheritance when I figure out the beneficiaries of the policy ?.

Subjects: Employers; Employment; Insurance; Islamic jurisprudence; Wergild

Fatawa

Fulfilment of existing contractual obligations to pay interest : paying interest and principal on already contracted loans

Question: Bismillah Er Rahman Er Rahim. Assalamu Alaikum Wa Rahmatullahi Wa Barakatuh. 1) I incurred a debt from a Riba based loan during my university studies in excess of 11, 500 USD and also from a credit card that has Riba ....

Subjects: Banks; Debt repayment; Education; Islamic jurisprudence; Students

Fatawa

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

Fatawa

Joining hands with others : joining trade unions

Question: Assalamu Alaikum, I work for a very large corporation and I want to know, is it permissible to join a trade union in the work place as I have four reservations ? (1) Trade unions tend to be very socialist ....

Subjects: Commerce; Islamic jurisprudence; Labour unions

Fatawa

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

Fatawa

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

Fatawa

Gifts to children and their receprocal love : lack of love to parents

Question: Alsalam AlikomMy parents are relatively wealthy, but they do not treat me like my sister and my two brothers because God gave me money and high education with a good position. I got married but they did not spent any ....

Subjects: Children; Endowments; Filial piety; Islamic jurisprudence

Fatawa

Non-interest charges of credit cards : the charge for cash withdrawal from machines

Question: In European countries, you can get the so-called Visa or Master card. It can be used for paying in shops, but if it's used to withdraw money from cash points, there would be a charge of 1.5 % (i.e. when ....

Subjects: Banking services; Credit cards

Fatawa

Betrayal of trust

Question: Assalamu Alaykum, I've been entrusted with some money by a brother, which he told me to look after it while he was indisposed (he gave it to me to look after it). He told me to invest it if I ....

Subjects: Confidence; Islamic jurisprudence; Treason

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

Waqf and estate planning

Question: Has anyone done work on estate planning in the USA. This would include preparing legal documents on inheritance and use of money. I am aware of the Islamic will prepared by ISNA which does not get into legal advices or ....

Subjects: Estate planning; Waqf

Fatawa

Sale of gold, silver and currencies, the conditions of sarf : gold quest multi-layer sale and commissions

Question: I've been involved in a company called qold quest. What it does is selling a golden coin to their customers with about $ 400 which is half the price of the coin, then I work as seller for that company ....

Subjects: Banks; Gold; Islamic jurisprudence; Sales; Silver

Fatawa

Buying share, stocks and mutual funds : investment in stocks and gambling

Question: Why is investing in the stock exchange allowed in Islam but gambling is not ?.

Subjects: Gambling; Investments; Islamic jurisprudence; Stocks

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