Business & Finance · Subtopic
Loans & Debts
697 fatawa from 9 South African Darul Iftas on Loans & Debts, part of Business & Finance. Newest first; every fatwa links to the page where its Darul Ifta published it.
Subtopics are grouped from each Darul Ifta’s own categories and the fatwa titles, so the count is approximate.
By Darul Ifta
Loans & Debts fatawa — page 11 of 18
- Mufti Online4 Feb 2016
Benefits accruing from a loan
On a buy to let ISA, for the amount saved in the ISA, the bank provides variable interest return which is haram however, as an incentive to save,…
Mufti Ebrahim Salejee - Jamiat KZN3 Feb 2016
Repaying a loan in accordance to the inflation rate
I had given loans to family and friends over the years. They are paying me back now. Can I ask them to pay me in accordance to the rate inflation…
Mufti Ebrahim Desai - Mufti Online1 Feb 2016
Using a credit card
Is credit card permissible in Islam? Please inform me regarding credit card usage.
Mufti Zakaria Makada - Mufti Online28 Jan 2016
Paying one's credit card account with interest money
I had to pay some old due of my credit card. Can I pay that payment with the interest I received in my saving account?
Mufti Ebrahim Salejee - Mufti Online3 Jan 2016
Interest free loan from the bank
My question is that mostly banks are offering loan with interest (riba). If any bank offers riba free loan, than is it right according to Shari'ah?
Mufti Zakaria Makada - Mufti Online3 Jan 2016
Giving debtors interest money
Some people have borrowed money from me but are not repaying. Can these borrowers be given interest money I have accumulated as a replacement as I…
Mufti Zakaria Makada - Mufti Online29 Dec 2015
Student loans
My question is interest. You may know within the UK that university fee is £9000 and to take student loans it includes interest, I understand the…
Mufti Ebrahim Salejee - Mufti Online28 Dec 2015
Interest bearing loans
I am a divorcee and I want to buy a house with a riba-based loan. I know it's haraam but there is no other option as I live in a non-Islamic…
Mufti Zakaria Makada - Mufti Online27 Dec 2015Roman Urdu
Mobile phone pe loan lena
Mobile phone pe loan lena jaiz he ya nahi?
Mufti Ebrahim Salejee - Ask Imaam24 Dec 2015
Could you please refer my contract and advise about shariah ruling on this loan
I am living in Dubai, and took some loan from Sharjah Islamic Bank, 3 years ago with 3.79% profit rate per year after cosulting some aalim. After…
Ismail Desai - Mufti Online17 Dec 2015Roman Urdu
Qardh kwa ne milna
Aap sa aik question hey key ke ksi auto walay k kuch raqam jo k uss k klehnay p k mery pas exchange ni hy paisay ka to app muje sham ma jahan sa app…
Mufti Zakaria Makada - Mufti Online16 Dec 2015
Purchasing a car or house from the bank
What about the cars or houses which we buy from banks or on instalments?
Mufti Zakaria Makada - Mufti Online15 Dec 2015
House purchased on interest
I own a riba house and want to get rid of it for free. Problem is, my sister lives there who refuses to sell, parents are arguing with me not to…
Mufti Ebrahim Salejee - Mufti Online12 Dec 2015
Interest bearing loans
Can we take a loan to buy a land from a Shariah compliant Islamic bank (barwa bank) here in qataar?
Mufti Zakaria Makada - Mufti Online12 Dec 2015
Purchasing a house on mortgage
About buying a house in the UK on interest (sood) mortgage. One mortgage is standard and one is Islamic. In stranded the bank will show you how much…
Mufti Zakaria Makada - Mufti Online12 Dec 2015Roman Urdu
Qardhe lene me ihtiyaat baratna
Mera aapsay aik sawal he ke me ne puchna tha udhar ka baray ma jaisay ka kuch udhar aam tor pa hum bhol jatay haan ar lain dain ma itna masroof ho…
Mufti Zakaria Makada - Mufti Online9 Dec 2015
Selling an item to a person who requires a loan
One of my colleagues asked me to lend him some money like 10 thousand which he wanted to use for his personal use. He said he would give me back 12…
Mufti Ebrahim Salejee - Mufti Online1 Dec 2015
Giving interest and Taking interest
Is it harem to give interest?
Mufti Zakaria Makada - Mufti Online30 Nov 2015Roman Urdu
Khwaab me kenchi ke zarye se baal kaatna
Meine khwaab me dekha ke me apne baal kenchi se kaat rahi hun to thory se reh jaty hain owr wo kaat nahi rhy jeyse kenchi khraab hoti he aur mujy…
Mufti Zakaria Makada - Mufti Online29 Nov 2015
Interest bearing loan
I have taken an Islamic Shari'ah loan from standard chartered bank Bahrain. I want to go for umrah. Tell me, is my loan halaal or haraam? Can I go…
Mufti Zakaria Makada - Mufti Online25 Nov 2015
Wazifa for financial problems and debts
We are facing financial problems from years as my mom is indebted with a loan worth 50k and now my sister's wedding is also expected but we are…
Mufti Zakaria Makada - Mufti Online22 Nov 2015
Performing umrah if one has a loan
Can I perform Umrah even though I have a loan? Note: With Bank or with an individual.
Mufti Ebrahim Salejee - Mufti Online19 Nov 2015
Mortgage
I live in America, and it is impossible to buy a house here without a mortgage from the bank. The bank charges interest on the mortgage. Is it…
Mufti Ebrahim Salejee - Mufti Online18 Nov 2015
Helping someone set up a business
Please assist help me understand the concept of helping someone to set up a business. Scenario A: Person A helps person B by lending the person R 10…
Mufti Ebrahim Salejee - Mufti Online18 Nov 2015
Taking a student loan
I would like to know that my child needs to go college next year but I would not be able to put up with all the cost because I have other children…
Mufti Ebrahim Salejee - Mufti Online18 Nov 2015
Is zakaat obligatory if one is in overdraft
I am married with a three month old son. My wife and I both work. We live in a very modest lifestyle and Alhamdulliah just about manage to afford…
Mufti Ebrahim Salejee - Mufti Online16 Nov 2015
Provident fund
Is a provident fund which is half collected from the employee’s salary and half deposited from the company/government on behalf of the employee…
Mufti Zakaria Makada - Mufti Online16 Nov 2015
Paying back the amount borrowed on the credit card
We had lived in Oman for about 3 years and during our stay we took a credit card and used it at times of emergency rather seeking help from our…
Mufti Ebrahim Salejee - Mufti Online15 Nov 2015
Government allowance
My question is about that my husband lost his job and he is still applying for jobs too but no luck yet and we got house on mortgage. If he doesn't…
Mufti Ebrahim Salejee - Mufti Online15 Nov 2015
Sponsored for hajj while one is in debts
If one is in debt and still paying it off, can one accept a sponsor if they are sponsoring for Hajj?
Mufti Ebrahim Salejee - Mufti Online14 Nov 2015
Interest based saving scheme
My father has passed away and since I have no brother, the only source of income for my mother is the monthly payment that comes against the amount…
Mufti Zakaria Makada - Mufti Online11 Nov 2015
Student loans
I want to become a pilot which will cost me £80,000. Am I aloud a student loan?
Mufti Zakaria Makada - Mufti Online4 Nov 2015Roman Urdu
Qarza ada hone ka wazifa
Mujhe logon ka qarz bhot hai. Ada nahi ho raha hai. Mai bhot pareshan hun. Mera qarza ada hone ka wazifa bata de shukriya.
Mufti Zakaria Makada - Ask Imaam1 Nov 2015
Is it permissible to settle a bank loan by money received via lodging a disservice claim against the same bank?
This is the situation as follows: My sister has taken out an interest base loan. She knows this is wrong, and is a major sin. That's not what this…
Abdullah ibn Mohammed Aijaz - Ask Imaam27 Oct 2015
It is haraam (strictly prohibited) to take an interest loan to purchase a house or to run a business
I was not aware of interest giving is haraam in islam before i bought the home loan. Now i have understood about it and had taubaah with Allah and…
Ismail Desai - Mufti Online24 Oct 2015
Car dealer arranging finance for the customer
I am a car dealer. Sometimes customers need leasing facilities from financial companies to finance their cars. Can I introduce them to the leasing…
Mufti Zakaria Makada - Mufti Online22 Oct 2015
Charging a fee for late payment
If someone owes you money and does not pay you by the due date, is it permissible to charge him an extra amount as an administration fee or any…
Mufti Zakaria Makada - Mufti Online17 Oct 2015
Paying back only the principle amount in an interest bearing loan
My dad took a credit card back in Oman and told us that he is taking it for emergency purposes and told us that he will pay back the bill within 52…
Mufti Ebrahim Salejee - Mufti Online14 Oct 2015
Student loans
Six years ago I applied and received a student loan from Iqraa Trust. At this point in time I was not aware that majority of their funds received is…
Mufti Ebrahim Salejee - Ask Imaam7 Oct 2015
Clients intentions to seek a conventional loan
With the blessing of Allah I am having Chartered Accountants profession. I am facing following problems. Please guide me in the context of Shariat (…
Ismail Desai
Read-only index of fatawa already published by South African Darul Iftas, each linked to its original. Not a fatwa service — for your own situation, ask the issuing Darul Ifta.