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 12 of 18
- Mufti Online3 Oct 2015
Asking one's company to purchase a car on interest
I am working in a private software company from the last 10 years and over the few years, my bonuses and some part of salary amounts are not…
Mufti Ebrahim Salejee - Ask Imaam28 Sep 2015
Is it permissible to take out the loan knowing that one will be able to pay it back fully before any interest is due from the student?
In clarification of my question 34023: The student takes out a loan from the bank. Interest is due immediately but the government pays the interest…
Hafizurrahman Fatehmahomed - Mufti Online17 Sep 2015
Taking an interest free loan
What is the Islamic view on begging/borrowing money (for a short time) despite having money though the money he has is set for something which if he…
Mufti Zakaria Makada - Ask Imaam16 Sep 2015
Is it permissible to take a student loan in which the government pays the interest money during the course?
I understand that giving interest is impermissible however please advise for the following situation: The government provides postgraduate loans…
Bilal Issak - Jamiat KZN11 Sep 2015
Can I get a percentage profit on a loan?
السلام عليكم I have a friend who is in to watch and jewellery trading business . He needs some capital for his business and asked me for funding .…
Huzaifah Deedat - Ask Imaam10 Sep 2015
How can I take loan for business from Islamic bank?
How can I take loan for business from Islamic bank?
Maaz Chati - Mufti Online10 Sep 2015
Taking a loan from the bank
I need a loan from the bank, but they are charging interest. Can I take that loan or I will find another bank that gives me an Islamic loan.
Mufti Zakaria Makada - Ask Imaam5 Sep 2015
Can I get a percentage profit on a loan?
السلام عليكم I have a friend who is in to watch and jewellery trading business . He needs some capital for his business and asked me for funding .…
Huzaifah Deedat - Mufti Online5 Sep 2015
Paying off a debt on behalf of another person
Lets say person A borrowed money for person B. Then person B refused to pay back. Then person C paid the amount. Will person a still owe the debt…
Mufti Ebrahim Salejee - Ask Imaam4 Sep 2015
I am desperate. Can I take an interest-based home loan?
I live in hyderabad india in a rented flat and am single source of earning. I do not have the amount to buy a flat/house at one go and only option…
Abdullah ibn Mohammed Aijaz - Mufti Online1 Sep 2015
Borrowing money
My husband is going for Hajj in September 18 Insha Allah and I'm going to my country three days before him that's means that in September 18 as I…
Mufti Ebrahim Salejee - Mufti Online25 Aug 2015
Giving more than the due amount
I had to give 400 RS to my friend, so I gave him 500 rupees but some hours later he gave me back 300 rupees. So the extra 200 rupees actually belong…
Mufti Zakaria Makada - Mufti Online23 Aug 2015
Home loans
I have come to know about this company efsol.com.au they provide halal home loans. I'm sending you a link of their sample contract. They have…
Mufti Ebrahim Salejee - Mufti Online15 Aug 2015
Going for Hajj if one has outstanding loans
Can one perform hajj if he has taken a loan but as Qarz e husana?
Mufti Ebrahim Salejee - Mufti Online8 Aug 2015
Debtors refusing to pay
I have lent money a couple of years ago and two people gave me both each guarantee of cheques. Four years passed and non of them paid me. I have…
Mufti Zakaria Makada - Ask Imaam4 Aug 2015
Permissibility to purchase a home on the basis of home mortgage/interest bearing loans
I would like to ask that I was planning to have a loan for home. I knew it is not permissible as all the Indian banks have the system of Riba. Will…
Ismail Desai - Mufti Online3 Jun 2015
Dreaming about taking a loan
Before I went to bed, I made dua to Allah Ta'ala to show me the way. I dreamt of taking loan and I did buy a parlor and when I woke up I got a…
Mufti Zakaria Makada - Ask Imaam20 May 2015
Please guide me as to whether such loan is right for me or not in light of the Shariah
I am working as Project Manager at PPIB-Ministry of Water and Power, Government of Pakistan. All government departments offer loan to employees on…
Mufti Ismail Desai - Mufti Online19 May 2015
Giving a loan in a foreign currency
I have some money in the form of foreign currency which I bought for investment purpose a year ago at 15.75/ unit of currency. Now one of my friends…
Mufti Ebrahim Salejee - Mufti Online13 May 2015
Taking a profit against a loan
I need my cousin to invest 50 000 for a service that I offer which is finding clients for private electricity pay as you go meters. My cousin is…
Mufti Zakaria Makada - Mufti Online12 May 2015
Taking an extra amount over and above the loan
My cousin needs to buy transportation for his business and needs money. He said he will give a fixed small amount of money every month from his…
Mufti Zakaria Makada - Ask Imaam25 Apr 2015
I would like to ask about loan
I would like to ask about loan. Here bank is offering the loan in the Islamic view like that , if you request a 1000 $ to the bank, bank will…
Mufti Ismail Desai - Ask Imaam9 Apr 2015
Going for hajj/umrah with outstanding debts.
A student living in england has taken loan and is pursuing bachelors degree . After graduating, if he/she is able to find a job which gives more…
Abdullah Ghadai - Ask Imaam30 Mar 2015
Can I make a software that is used solely to lend/borrow money on interest?
I am working in a software firm as Sr. Software Engineer. It provides software services to Clients like NewsPublishing companies, Online Journal…
Bilal Mohammad - Mufti Online24 Mar 2015
Paying off debts before going for Hajj
I have a car loan with 0% interest and 20% paid as down payment. The rest 80% value of the car shall be paid within two years as installment.…
Mufti Zakaria Makada - Ask Imaam15 Mar 2015
I’m not finding Halal loan what should I do?
im a new muslim nearly 3 years in islam . and im having problenm im married and has a child but i dont have a jod my reason id that in my country we…
Zakir Husain - Mufti Online11 Mar 2015
Paying back a loan in a different currency according to the exchange rate
Bakr and Zaid are travelling in a foreign country. Zaid takes a loan of 100 USD from Bakr. Bakr makes the condition that when they return to South…
Mufti Zakaria Makada - Mufti Online11 Mar 2015
Taking a profit against a loan
Is Islamic banking across GCC correct? they are referring to profit rate for car loan etc. Is this the same as interest? Am I safe to purchase a car…
Mufti Ebrahim Salejee - Jamiat KZN11 Mar 2015
Unable to locate creditor for paying a debt
Mufti Saheb, I took a loan from someone a few years ago. Unfortunately, I cannot locate him now to pay him back the loan. What do I do? Please advise?
Mufti Ismaeel Bassa - Ask Imaam4 Mar 2015
Few years back I had taken loan from friends for my mother’s Hajj. I have questions regarding
Few years back I had taken loan from friends for my mother's Haj. I have questions regarding the same 1. I had not checked the source of wealth of…
Ismail Desai - Mufti Online2 Mar 2015
Lending someone money to purchase a car
My question is if I was to buy a car for someone which had a value of £15000 which is based as a loan from me to the other person and they will pay…
Mufti Zakaria Makada - Jamiat KZN27 Feb 2015
Interest (Riba ) Loan
I am unable to decide on a disturbing issue. as follows. Please help me in taking that decision My father has taken a loan of Rs 6 lac from a bank…
Ismail Dawoodjee - Ask Imaam26 Feb 2015
Can I use the interest credited on my deposits to balance the interest generated on the loaned amount?
Detail: I am unable to decide on a disturbing issue. as follows. Please help me in taking that decision My father has taken a loan of Rs 6 lac from…
Ismail Dawoodjee - Mufti Online15 Feb 2015Roman Urdu
Car loan lena
Car loan lena kaisa he?
Mufti Zakaria Makada - Mufti Online15 Feb 2015
Investing borrowed money
My mother lent me R 15 000 which I was able to pay back. I invested the R15 000 on her behalf. I invested more as a gift but now had to use some of…
Mufti Ebrahim Salejee - Mufti Online12 Feb 2015
Debts and financial problems
My husband and I are in a financial problems and with the result contacted companies that we deal with to pay them off slowly. The white companies…
Mufti Ebrahim Salejee - Mufti Online9 Feb 2015
Selling a car that has been financed by the bank
I bought a car in India by bank finance 8 month ago. Now I realised that it is haram and I have no money to pay off the loan at once and now I want…
Mufti Ebrahim Salejee - Mufti Online31 Jan 2015
Being unable to find the owner of a borrowed item
I went to Nizaamuddeen markaz to attend a mashwara. One brother gave me a pen to me to write. After sometime I forgot to give the pen to that…
Mufti Ebrahim Salejee - Ask Imaam24 Jan 2015
Student Loan
I had a question regarding loan. I live in the US. For my undergraduate education, I had to take out a loan. The loan will be out of grace period…
Fahad Abdul Wahab - Ask Imaam2 Jan 2015
Is “Ijara Loans” Shari’ah Compliant?
Please I took mortgage with Ijara but after there transaction done by bank and bank is arrange loan but ijara open trust account it make me confuse,…
AbdulMannan Nizami
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.