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 6 of 18
- Ask Imaam22 Jan 2019
I would like to know if an establishment fee on an interest-free loan is halal?
AsSalamuAlaykum, I would like to know if an establishment fee on an interest-free loan is halal? The more you borrow the higher the fee. for up…
Anas Sharieff Qasmi - Ask Imaam8 Jan 2019
Taking interest bearing loans for college/university
As-salāmu ʿalaykum Mufti Ebrahim Desai, I live in England and want to go university to become a paramedic or Doctor. My intention is to help the…
Muajul I. Chowdhury - Ask Imaam24 Dec 2018
Du’aa to become debt free
My friend having lot of credits and asking me to provide any dua to comedown from this credits. Kindly reply back for the same.
Muajul I. Chowdhury - Ask Imaam11 Dec 2018
Getting away from debt
salam I want to get some problem using my credit card . I owe to credit card company arount $20000(US) last few years they are getting minimum…
Muajul I. Chowdhury - Mufti Online4 Dec 2018
The Shar’ee implications of being associated with a riba-based institute
Why is it impermissible in Shari’ah to take interest-bearing loans from the bank?
Mufti Zakaria Makada - Mufti Online18 Nov 2018
Should one take and a loan from a bank to buy a house or continue paying rent?
I am residing in a rented house for the last 3 years and my monthly rent is being paid to a private owner by my organization. In future, I will…
Mufti Zakaria Makada - Mufti Online18 Nov 2018
Taking a loan from a bank and getting an employee to write off the loan
I know someone working at the Federal Bank. He says that he can help open my doors with a higher loan amount. Once he gives me the loan amount, the…
Mufti Ebrahim Salejee - Mufti Online13 Nov 2018
Taking loans on interest in India
From my understanding, scholars in India at one point gave a fatwa that it is permissible to take loans on interest, mainy because they were living…
Mufti Ebrahim Salejee - Mufti Online10 Nov 2018
Using violence to retrieve money from a debtor
To what extent can a person go, in shariat, when it comes to a person getting his money out of a debtor. 1. Can he resort to violence by sending…
Mufti Ebrahim Salejee - Ask Imaam5 Nov 2018
Loaning money to a friend for auditioning for modeling and acting
Peace and blessing be upon you ya Shaikh, I am writing to you because a personal friend of mine has asked me to give/let him burrow about 1,000$ for…
Muajul I. Chowdhury - Mufti Online4 Nov 2018
Accepting interest money to pay off debts
I'm currently unemployed and had to close down my business and there isn't anyone else in my household working. I have debts too pay off apart from…
Mufti Ebrahim Salejee - Mufti Online4 Nov 2018
Paying back the original amount of a loan after many years
My dad had taken a loan of 200 rupees from his cousin about 50 years back. Both forgot about it. Now, my dad remembered that he owes the money. What…
Mufti Zakaria Makada - Mufti Online25 Oct 2018
Taking an interest bearing loan to start a business
I live in a country where all systems of the government are un-islamic. Most of the time our non-Muslim counterparts enjoy all the benefits from…
Mufti Ebrahim Salejee - Mufti Online24 Oct 2018
Paying off a loan after one's creditor passes away
I was given money for five years investment by one of my friends but there was no written agreement. It was only verbally discussed. Now my friend…
Mufti Ebrahim Salejee - Mufti Online22 Oct 2018
Taking a loan from the bank to pay off other debts
I’m in a deep and serious problem with which I need some guidance. I’m in a deep debt, owing few private individuals money and I’m owing the bank…
Mufti Ebrahim Salejee - Ask Imaam18 Oct 2018
Litany (wazeefah) for prosperity, problems and debts
plz dear imam, Im hear to ask a wazifa for too much miney and solve all problems and depression. My husband started a new business but is not having…
Muajul I. Chowdhury - Mufti Online18 Oct 2018
Taking a loan from someone who took a loan on interest
1. If I borrow a certain amount of money from a person with the intention of paying back the exact amount to my lender but the money that has been…
Mufti Ebrahim Salejee - Mufti Online17 Oct 2018
Paying back a loan to the heirs of the deceased after the death of the creditor
I borrowed 40000 US dollars from a friend of mine in America in 2008, which was equal to Rs 2500000 at that time. Our verbal agreement was to return…
Mufti Zakaria Makada - Mufti Online9 Oct 2018
Bank dropping off service fees if a certain amount is kept in one's account
I have opened an account in a bank and it offers a free ATM card. One of the features is that if you keep Rs. 25000 in your account then whenever…
Mufti Ebrahim Salejee - Mufti Online29 Sep 2018
Charging interest on loans
My mother passed away. She used to give loans and charge a percentage when people pay back. Is that money halaal for us according to the Shari’ah?…
Mufti Zakaria Makada - Mufti Online25 Sep 2018
Being unable to locate one's creditor
Ten years ago, there was a businessman whom we would deal with. Eventually, he became bankrupt and ran away. There are many people who he owes money…
Mufti Ebrahim Salejee - Mufti Online18 Sep 2018
Helping someone take out an interest bearing loan
I wanted to ask that a family member of mine took a personal loan of 3 lac from the bank using my details. The agreement made at that point was that…
Mufti Ebrahim Salejee - Jamiat KZN19 Jul 2018
Can I use interest money to pay off my student loan?
Using interest money clarification In fatwa #39618 I asked a question regarding using my credit cards interest money for assisting me pay back the…
Mizanur Rahman - Ask Imaam14 Jul 2018
Can I use interest money to pay off my student loan?
Using interest money clarification In fatwa #39618 I asked a question regarding using my credit cards interest money for assisting me pay back the…
Mizanur Rahman - Mufti Online30 Jun 2018
Paying a debt in a different currency
I placed my partner's money overseas without his knowledge. In December we decided to end the partnership and I worked out in dollars (R13.72) the…
Mufti Ebrahim Salejee - Mufti Online5 May 2018
Teaching students about interest bearing loans
I have to teach students the advantages and benefits of taking loan and paying interest as it is given in the syllabus of finance. Example: When a…
Mufti Ebrahim Salejee - Mufti Online4 May 2018
Muslim manager advising the company to take out interest bearing loans
I am working as a Finance Manager in a company. I perform various duties of my job like Financial Planning Analysis.., and one such duty is to…
Mufti Ebrahim Salejee - Mufti Online4 May 2018
Paying profit on a loan
I have an interest loan which is fixed interest car loan. However i need a car for work and i am a salesman. I know this loan is haraam. I have…
Mufti Zakaria Makada - Mufti Online2 May 2018
Accepting payment from student loans
I have a question regarding student loans which are taken from universities. If say for example someone owed me a couple hundred pounds and they…
Mufti Ebrahim Salejee - Ask Imaam23 Apr 2018
Credit card debt
my question is I had some credit card that I used I didn't pay off blaneces but I used pay minimum payment every month but right now I am unable to…
Abdullah Syed Sajid - Ask Imaam12 Apr 2018
Taking loan for Hajj
One week back i offered Jumah Namaz in Mosque where Ahle Sunnat al Jamat(Brelvi) Maslak is authority. Even though i do not associated to Any Maslak…
M. Mahmood Baig - Mufti Online9 Apr 2018
Income of a taxi driver who took a loan from the bank to buy a taxi
If a Muslim taxi driver bought his taxi through a bank loan, will his income be halaal?
Mufti Zakaria Makada - Mufti Online29 Mar 2018
Transferring one's debt to go for hajj
One Haj pilgrim owes a debt around Rs. 1.5 lakh and mortgaged her gold for debt. Is it permissible to transfer the ownership of mortgaged gold and…
Mufti Ebrahim Salejee - Ask Imaam25 Mar 2018
Do I have to pay for damages I inflict on a borrowed item?
If you got an item from someone to use for temporary, for exmaple a screw driver or a reading book. The taker is responsible to return the item once…
Shibly bin Mizan - Mufti Online22 Mar 2018
Using interest to offset an interest bearing loan
I know that it is haraam to deal with interest, but buying a house today comes with great difficulty and is seen as a need not and not a want. Can…
Mufti Ebrahim Salejee - Mufti Online18 Mar 2018
Taking a loan from a bank
There is a bank here which is offering me personal loan. I was not interested in taking that because it is haram as they will get more money in…
Mufti Zakaria Makada - Mufti Online18 Mar 2018
Credit price higher than cash price
I want to buy a Prado on instalments but I do not have sufficient downpayment so there is this dealer who is offering me a Prado without any…
Mufti Zakaria Makada - Mufti Online8 Mar 2018Roman Urdu
Bank se loan lena
Hum do bhai hai. Mere bhai ak tuberculosis patient hai wo kuch kaam nahi kar sakte isliye uski biwi bachche ko mereko dekhna parte hai. Mera bhi…
Mufti Ebrahim Salejee - Mufti Online6 Mar 2018
Receiving discount if instalments are paid prior to the due date
I'm buying a flat in installments. The company is giving discount if I pay the installments prior to the due date. Is it interest? Is it halal?
Mufti Ebrahim Salejee - Mufti Online6 Mar 2018
Taking an interest bearing loan to purchase a car
I want to buy a car for my use but for that I want to know whether it is allowed for me to take a loan from a bank on monthly installments…
Mufti Ebrahim Salejee
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.