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 8 of 18
- Mufti Online18 Oct 2017
Paying interest on debts
1. I have a very old debt of almost 15 years back that some of the places I have the debt with has written it off and some is still charging me…
Mufti Ebrahim Salejee - Mufti Online16 Oct 2017
Using interest money to pay off interest from a bank
My father started a business, but after some time, one of his staff engaged in fraud, causing the business to become bankrupt. Now, because my…
Mufti Zakaria Makada - Mufti Online16 Oct 2017
Creditors forfeiting their right
I have taken a loan from some people. I have also done coaching under some teachers without paying them. It has been quite some years (i.e. almost…
Mufti Zakaria Makada - Mufti Online11 Oct 2017
Subjecting one transaction upon another
My friend is planning to buy a petrol station. However, he requires R3 million and he only has R2 million with him. He asked me to help him by…
Mufti Zakaria Makada - Ask Imaam9 Oct 2017
Paying back a loan with an extra percentage
Assalamu Alaikkum (warah) Respected Mufti Saheb , I humbly request you to clarify the deal took place about two years before between my sister and…
Muhammad IV Patel - Mufti Online5 Oct 2017
Taking out a mortgage loan
I would like to have complete fatwa on getting mortgage for personal home. Especially if your wife is more or less like a new Muslim and don't…
Mufti Ebrahim Salejee - Mufti Online2 Oct 2017Roman Urdu
Qardh khwaah par zakaat
Hamare upar kafi qarz hai. Lekin kuch gold para hai. Kya zakat dena farz hoga ya qarz ki wajah se maafi hai?
Mufti Ebrahim Salejee - Ask Imaam29 Sep 2017
If a student loan is haraam, why car insurance is allowed?
Assalamu alaykum Please can you answer my 2 questions. 1. Is a student loan haraam and if so, why is it whilst car insurance is allowed. I've heard…
Rabiul Islam - Mufti Online22 Sep 2017
Taking a loan from a bank
Can we take a loan from a bank in a gulf country?
Mufti Ebrahim Salejee - Mufti Online22 Sep 2017
Prize bonds
Please tell me about prize bonds if its halal or haram in Islam.
Mufti Ebrahim Salejee - Mufti Online21 Sep 2017
Taking one's salary in advance and paying interest
Is it permissible to collect some money as a salary in advance from the bank that I operate with so that at the end of the month they will deduct…
Mufti Ebrahim Salejee - Ask Imaam20 Sep 2017
Gifting back money with loan
Assalamulaykum, I know that if I take a loan of $100,000 and return for example $125,000 due to an interest rate, this will be impermissible. Also I…
Saad Haque - Mufti Online20 Sep 2017
Loaning money on interest
Could you please explain to me what is interest, riba and usury. If one has the talent to do a halal business (by Allah) and no money, and other has…
Mufti Zakaria Makada - Mufti Online18 Sep 2017
Which type of debts will be deducted when calculating zakaat?
I was informed by certain Ulama that when calculating my Zakaat, I should only exclude my yearly liabilities and debts. Apart from that, I should…
Mufti Zakaria Makada - Mufti Online16 Sep 2017
Taking a loan
Is taking a loan a sin and if it is a sin then what is the punishment if the loan is taken?
Mufti Ebrahim Salejee - Mufti Online16 Sep 2017Roman Urdu
Zakaat aur qarz
1. Jis par zakat wajib ho or us pa qarz bhi ho to kia us par zakat wajib nahi? Kia wo pahlay qarz ada karay ga or phir pasay ho to zakat ada karay…
Mufti Ebrahim Salejee - Mufti Online14 Sep 2017
Merchant Cash Advance from Shopify
I want to know about the Merchant Cash Advance from Shopify is halal or haram. Below are some details about the advance money they give, A merchant…
Mufti Ebrahim Salejee - Mufti Online21 Aug 2017
Settling one's debts
I thought that if you commit shirk, you will not enter Jannah but I also read a hadith that if you have a debt then you will not enter jannah, what…
Mufti Ebrahim Salejee - Mufti Online17 Aug 2017
Taking a loan
I am from India. Me, my husband and kids stay with my in-laws in their house. Can we take a loan for buying our own house.
Mufti Zakaria Makada - Mufti Online16 Aug 2017
Taking interest bearing loans
Can a Muslim take out a usuruous loan to support their family if they are living in conditions that are dangerous such as, if their home is being…
Mufti Zakaria Makada - Mufti Online13 Aug 2017
Working as an operations manager in a home loans finance company
I am working as a operations manager in a home loans finance company. Is my salary halaal or haraam? Please let me know.
Mufti Zakaria Makada - Mufti Online13 Aug 2017Roman Urdu
Qarza ko jaldi adaa karne ke liye wazifa
Agar qarza kisi or pay hai or hum us ki niyat say wazifay par saktay hai kay us ka qarza jaldi autar jaye or kaam may barkat ho?
Mufti Zakaria Makada - Mufti Online10 Aug 2017
Eating from interest money
I'm confused about what is meant when "food bought from riba is haraam". I currently have some money from a loan I took out that has interest on it…
Mufti Ebrahim Salejee - Mufti Online5 Aug 2017
Wazifa for financial problems
Me and an my husband live separately in our respective parents home as we don't have our own home. He is under debt so can't afford to keep me and…
Mufti Zakaria Makada - Mufti Online5 Aug 2017
Procrastinating in settling one's debts
If you are in debt, does it affect your taubah or forgiveness? I mean can a debt stop you getting your sins forgiven? would Allah forgive your sins…
Mufti Ebrahim Salejee - Mufti Online5 Aug 2017
Can a debt cancel out good deeds?
Can your debt cancel out your good deeds?
Mufti Ebrahim Salejee - Mufti Online3 Aug 2017
Processing fee for a loan
One of the banks in my residence country is offering a short term interest free loan. I am only interested in using this loan because it is interest…
Mufti Ebrahim Salejee - Mufti Online20 Jul 2017
Avoiding paying interest
While I was studying at university (in the UK) I regrettably took out a student loan due to my lack of deen at the time, now I have come to realise…
Mufti Ebrahim Salejee - Mufti Online13 Jul 2017
Taking an interest bearing loan to purchase a house
Is it permissible to buy a house in the USA , as we have to pay interest on it, as most of us are unable to buy with cash?
Mufti Zakaria Makada - Mufti Online13 Jul 2017
Is zakaat compulsory on a loan?
A person who is already eligible for giving zakat, if he is a government servant and he takes loan for house building from government and has to pay…
Mufti Zakaria Makada - Mufti Online4 May 2017
Guaranteed Future Value Scheme
I have seen an advert which offers paying a fixed amount per month for a vehicle valid on the Guaranteed Future Value Scheme. Is this permissable?…
Mufti Ebrahim Salejee - Mufti Online29 Apr 2017Roman Urdu
Qarz kha ka koi pata nahi
Ma na aik dost sa kch rupay liya ab wapis krny ha kch ata pta ni ha kya ma ya rupay kisi ko nafli sadqa ki niyyat kr ka da skta ho ya masjid ma dal…
Mufti Ebrahim Salejee - Mufti Online29 Apr 2017
Buying a business property that was purchased with a loan
Can I buy any business property where the main business holder (who wants to sell his business now) took bank loan for his business?
Mufti Ebrahim Salejee - Mufti Online29 Apr 2017
Taking one's parents for hajj
I'm a married women who has worked and saved some money. I have two brothers and a sister. My parents are elderly now and they have never travelled…
Mufti Ebrahim Salejee - Mufti Online27 Apr 2017
Unable to trace who a payment was received from
I work in the accounts dept of a company. We receive payments into our bank account from customers. Sometimes we receive payments but we cant trace…
Mufti Ebrahim Salejee - Mufti Online27 Apr 2017Roman Urdu
Qarz daar umrah par jaana
Mujh pr kuch qarz hai or me umrah pr jana chahta hun jiska sara kharcha mere bhai utha rahy hain or me jobless hun abhi study kr raha hun kia me…
Mufti Ebrahim Salejee - Mufti Online25 Apr 2017
Prize bond business
The prize bond business and saving is halal or haram?
Mufti Ebrahim Salejee - Mufti Online25 Apr 2017
Having expectations in people
I'm a student from Pakistan and alhamdolelah I am a Muslim. My question is that I have taken a loan from a friend for studies and it is a huge…
Mufti Ebrahim Salejee - Mufti Online22 Apr 2017
Wazifa for debts
My husband is in lots of debt. He went to settle in UAE for a better job and future and to get rid of the debts. Please give us some genuine wazifa…
Mufti Zakaria Makada - Mufti Online19 Apr 2017
Paying back more than the loaned amount
My question is in business if some one lends money to other company for help and that company returns money very late but returns with extra money…
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.