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

Mufti Online398Ask Imaam231Jamiat KZN21Ibn Masood20Azaadville18Camperdown4MJC2DU Zakariyya2Amjadi1

Loans & Debts fatawa — page 7 of 18

  1. Mufti Online6 Mar 2018

    Paying back a loan with haraam money

    My cousin is buying a house. He asked if I could write him a cheque for a certain amount and he would give me cash. My question is, if the cash he…

    Mufti Ebrahim Salejee
  2. Ask Imaam26 Feb 2018

    Returning loans with extra because it’s not possible to return exact

    Respected Mufti Saheb , I humbly request you to clarify the deal took place about two years before between my sister and myself. Similar kind of…

    Muajul I. Chowdhury
  3. Ask Imaam23 Feb 2018

    Debt incurred from the bank

    I was living in Uk for last 10 years. When I was in uk I was using credit cards having interest free offers. Due to some reason my visa was refused…

    Muhammad IV Patel
  4. Mufti Online21 Feb 2018

    Zakaat on jewellery if one is in debt

    If one has 100gms of gold but takes a loan from one of his relatives of 4 laks, not in gold but on credit, so does he have to pay zakaat?

    Mufti Zakaria Makada
  5. Mufti Online19 Feb 2018

    Islamic banks

    I live in UAE and is it possible to get a loan from an Islamic bank. What is the difference between Islamic banking and conventional banking because…

    Mufti Ebrahim Salejee
  6. Mufti Online11 Feb 2018Roman Urdu

    Udhaar ko zakaat samajh kar maaf dena

    Main ne kisi dost ka qarz ada karnay k liay us ko paisay diay udhaar k tor par. ab vo mujhay ada nahi kar sakta. kia main us ko zakat samajh kar…

    Mufti Zakaria Makada
  7. Ask Imaam6 Feb 2018

    Interest bearing student loan

    Assalamu alaykum, I have taken an interest bearing loan and have come to realize its seriousness. I cannot take do anything about it now. So I am…

    Muhammad IV Patel
  8. Ask Imaam3 Feb 2018

    Retracting after Forgiving Debt

    Someone ows you £100, you forgave him which means he deosn't have to pay you anymore but then after 2 years you decided to retract and not forgive…

    Lutfi Alam
  9. Ask Imaam30 Jan 2018

    Taking loans from glplus.in

    Assalamualaikum Mufti sb Is it permissible to take loan with this website? http://www.glplus.in/

    Muajul I. Chowdhury and Anas Sharieff Qasmi
  10. Mufti Online30 Jan 2018

    Zakaat on loans owed to a person

    I always paid zakaat on monies people owed to me regarding this as an asset. My question after listening to this mornings audio (zakaat on waived…

    Mufti Zakaria Makada
  11. Mufti Online30 Jan 2018

    Wazeefah to pay debts

    We are in big debt. Since two months our company is also not running that smooth. Please give me some wazifa to recite or something to pay the debt…

    Mufti Zakaria Makada
  12. Ask Imaam16 Jan 2018

    Returning a loan when the creditor cannot be found or has passed away

    If you owe someone money but when the time came to pay him off, you can't find him or his dead. In this case how would you pay the debt (Karz) off?

    Muajul I. Chowdhury
  13. Mufti Online15 Jan 2018Roman Urdu

    Saamaan ko kisto par khareedna

    Koi saman lena hai ek baar mei khareed nahi sakta. kist per lene per zayada paisa leta hai. kiya karu mujhe zarurat hai.

    Mufti Zakaria Makada
  14. Mufti Online25 Dec 2017

    Paying zakaat on money loaned to someone

    If someone borrowed some money from me, do I have to give Zakaat on the money lent to someone?

    Mufti Zakaria Makada
  15. Mufti Online25 Dec 2017

    Giving money to the musjid with the intention of settling one's debt

    I have a debt with my friend. He payed for a bowling event and I was supposed to pay him back. I've been wanting to pay him back but everytime I…

    Mufti Zakaria Makada
  16. Mufti Online21 Dec 2017

    Giving gold as a loan

    Is it jaiz to pay gold as a loan to someone and demand the same amount of gold back when he wants to pay back the loan?

    Mufti Ebrahim Salejee
  17. Mufti Online20 Dec 2017Roman Urdu

    Qardh ke maal par zakaat ada karna

    Agar sawa tola gold ke sath 40000 hon, is pa zakat banti he lakin agar ye 40000 ma ami ko da do k ye ap la len or istimsl kar len muje jab zaroorat…

    Mufti Ebrahim Salejee
  18. Mufti Online17 Dec 2017

    Taking a loan to send one's father for Umrah

    My father had made arrangements for umrah. The process went as far as getting to the airport. By the will of Allah, his passport and documents were…

    Mufti Ebrahim Salejee
  19. Mufti Online3 Dec 2017

    With whom should one settle one's debts after the demise of the creditor?

    If a person is paying someone in instalments for a house. What should be done if the creditor passes away before all the instalments are paid? Who…

    Mufti Zakaria Makada
  20. Mufti Online2 Dec 2017Roman Urdu

    Bank se loan lena

    Maine bank se apna ghar girwi rakhke ak loan li hai. par nai us loan ki jo interest hai wo na chukane par hume apne ghar chorne par rahe hai. Kya ye…

    Mufti Ebrahim Salejee
  21. Mufti Online30 Nov 2017

    Subsidizing a loan sanction by the government

    I want to know about subsidizing loan sanction by the government under some scheme to minorities. It is the scheme run by the government on certain…

    Mufti Ebrahim Salejee
  22. Ask Imaam26 Nov 2017

    I borrowed money

    Assalamualikum , I want to buy a house but I do not have the money. So I borrowed 10 lakhs from an other person under an agreement. That house earns…

    Anas Sharieff Qasmi
  23. Mufti Online21 Nov 2017

    Taking a loan from a bank

    Can I take a loan from a bank for business purposes?

    Mufti Zakaria Makada
  24. Mufti Online19 Nov 2017

    Taking out an interest bearing loan

    Is it permissible in Islam to take out a loan for my business. I want to take out a commercial loan from the bank for my business. Can I take out…

    Mufti Zakaria Makada
  25. Mufti Online16 Nov 2017

    Interest bearing loan

    My question is about bank loans. What does Islam say about taking a loan when the bank describes the mark up at 19%?

    Mufti Zakaria Makada
  26. Mufti Online8 Nov 2017

    Trustee claiming the money he contributed to the Musjid

    A group of trustees were under the impression that one of the trustees was actively maintaining the musjid using his personal funds for the pleasure…

    Mufti Ebrahim Salejee
  27. Mufti Online8 Nov 2017

    Going for hajj while paying off a mortgage

    I would like to go for hajj and we have enough money for my husband and I to go but we have a house mortgage that we took 7 years ago ( I understand…

    Mufti Ebrahim Salejee
  28. Mufti Online5 Nov 2017

    How to come out of interest

    I am 18 years old. Some years back my mom took a debt from someone on interest because we wanted money to get my elder sister married and she took…

    Mufti Ebrahim Salejee
  29. Mufti Online5 Nov 2017

    Settling debts and funeral expenses before winding up the estate

    1. If a person passes away and he has a debt of R1000 and his total savings are R1500, should the debt be paid off first eventhough it's more than…

    Mufti Ebrahim Salejee
  30. Mufti Online2 Nov 2017Roman Urdu

    Miyaana rawi karna kharche me

    Mei sab ko hajat nikal tu hu wase tou hajat pura Allah karta ha jis jis zarurat time pai karza data hu wo muj ko wapas nahi karta na muja phir mang…

    Mufti Ebrahim Salejee
  31. Mufti Online31 Oct 2017

    Passing away without settling one's debt

    1. I heard that if someone has a debt and passes away then that person would never enter Jannah, is that true? 2. What if someone has debt and…

    Mufti Ebrahim Salejee
  32. Mufti Online31 Oct 2017Roman Urdu

    Bank se qarz lena

    Me Barcelona Spain me rehta hon r taxi ka kam krna chahta hon kya me taxi licence kridne ke lye bank se qarz le skta hon karobar ke lye.

    Mufti Ebrahim Salejee
  33. Mufti Online29 Oct 2017

    Returning outstanding money to the creditor

    I have taken/borrowed some money from a shop as I do not have enough money. I told the shopkeeper that I will give you the remaining amount next…

    Mufti Ebrahim Salejee
  34. Mufti Online28 Oct 2017

    Creditor waving off the debt

    I want to ask a question about qarz. Once when I was younger like 10 years old, I asked my friend for some money and he gave it but today I heard if…

    Mufti Ebrahim Salejee
  35. Mufti Online26 Oct 2017

    Running away without settling one's debts

    I am living in a GCC country for the past 20 years. I didnt have enough understanding with ribaa and was having bank loans and credit cards. In…

    Mufti Ebrahim Salejee
  36. Mufti Online25 Oct 2017

    Collecting money to give a loan to someone

    Is the system of committee in which a huge sum of money is collected by members of a group and given to one person at a time and then this person…

    Mufti Zakaria Makada
  37. Mufti Online25 Oct 2017

    Offsetting a debt with the amount one usually gives in sadaqah

    I borrowed a person 100 000 Rands which he has not paid. I take out sadaqah every month of 5000 Rands. Can I take that sadaqah for myself and offset…

    Mufti Zakaria Makada
  38. Mufti Online23 Oct 2017

    Outstanding fines of the deceased

    If one does not pay traffic fines and passes on, does it fall under a debt on the deceased?

    Mufti Ebrahim Salejee
  39. Mufti Online19 Oct 2017

    Receiving interest on a loan

    My friend is asking me for Rs.100 for a business and he is telling me that he will give me the money after 1 week along with 2.3% of the Rs.100,…

    Mufti Zakaria Makada
  40. Ask Imaam18 Oct 2017

    Alternative to interest bearing loans

    I want to buy a house hear in Canada where I live for me and my family and I do not want any interest. I know mortgage questions are asked multiple…

    Muhammed Al-Ameen Bin Moulana Ismail Akoo

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.