Business & Finance · Subtopic
Interest (Riba) & Banking
1,723 fatawa from 9 South African Darul Iftas on Interest (Riba) & Banking, 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
Interest (Riba) & Banking fatawa — page 17 of 44
- Mufti Online13 Nov 2017
Betting
Is trading halal? Like the website I am using is IQ Option. Where you bet the price on 4th decimal of the rate.
Mufti Ebrahim Salejee - Mufti Online11 Nov 2017
Insurance
Kindly tell me if insurance is permissble in Islaam.
Mufti Zakaria Makada - Mufti Online7 Nov 2017
Working for banks
I am a bcom graduate. Can I work in Investment banks like Northern trust, BNP paribas?
Mufti Ebrahim Salejee - Mufti Online7 Nov 2017
Paying extra in a cash on delivery sale
When we make purchases online, some companies deliver their goods on cash on delivery terms. But they or a third party (delivering company) charge…
Mufti Ebrahim Salejee - Mufti Online6 Nov 2017
Selling or renting one's premises to a bank
I live in India. I own a shop. I have to sell it. Can I sell it to a bank or can I give the shop on rent to that bank. Will it he halal for me?
Mufti Ebrahim Salejee - Mufti Online6 Nov 2017
Paying interest
I am a 26 year old man with a job in the I.T field alhumduallah. I am currently living with my family and they are making lots of plans to buy a…
Mufti Ebrahim Salejee - 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 - Mufti Online4 Nov 2017
Prize bonds
Is buying prize bonds permissible in Islam? Provided that no loss of money is faced by the buyer as the money of prize bonds can be refunded.…
Mufti Zakaria Makada - Mufti Online4 Nov 2017
Profit from a savings account
Savings account is halal or haraam when profit are not given at fixed rate?
Mufti Ebrahim Salejee - Mufti Online31 Oct 2017
Provident fund
I am employed in the motor vehicle industry. Is it permissible to contribute towards a provident fund? The employer contributes 8% of the monthly…
Mufti Ebrahim Salejee - 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 - Mufti Online31 Oct 2017Roman Urdu
Bank ko zameen kiraaya par dena
Kia bank ko jaga karaya par dana jaiz ha
Mufti Ebrahim Salejee - Mufti Online29 Oct 2017
Working in a bank
Please tell me if bank job is halaal in Islam or it is prohibited in Islam because I am working in a bank department but my conscience is not…
Mufti Ebrahim Salejee - Mufti Online29 Oct 2017
Medical aid
In South Africa where government hospitals do not treat patients and private hospital fees are unaffordable, is it permissible to take out a medical…
Mufti Zakaria Makada - Mufti Online28 Oct 2017
Provident fund
کیا فرماتے ہیں علماء دینِ متین کہ پراویڈنٹ فنڈ کی مروجہ کٹوتی جائز ہے یا نہیں ؟
Mufti Ebrahim Salejee - Ask Imaam25 Oct 2017
Is a joint director of a bank's income halal
My husband's uncle is working in state bank of pakistan on the post of joint director.he says that his income is halal as he is not involved in riba…
Aboobakr Siddeeq bin Mufti Amjad Mohammad - Mufti Online23 Oct 2017
Takaaful
Is takaaful in South Africa permissible?
Mufti Ebrahim Salejee - Mufti Online21 Oct 2017
Taking out life policy to pay for estate duty
I have taken out life cover to pay for estate duty and capital gains tax in my estate when I pass. I have been advised if the intention is to…
Mufti Ebrahim Salejee - Mufti Online21 Oct 2017
Life policy
Can I enter into a buy and sell agreement for my share of a business interest and fund this by way of a life policy. My family will not be able to…
Mufti Ebrahim Salejee - Mufti Online19 Oct 2017
Using interest money to build an owl box
Can a person use interest money to install an owl box and bat house on his property?
Mufti Zakaria Makada - 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 - 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 - 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 Online17 Oct 2017Roman Urdu
Kisi ku "Aap pesun par saanp bankar bethe hen" kehna
Mera sawal ye ha ke agr shohar pese ne de bilkul bewi ko koi pese na de kharch k lye or uspar bewi gusse me keh de k aap pesun pr saanp bnkar bethe…
Mufti Zakaria Makada - Mufti Online17 Oct 2017
Using interest money to build toilets
Can we use interest money to build toilets in our home or can we donate it (the interest money) to the musjid for building toilets?
Mufti Zakaria Makada - Mufti Online17 Oct 2017
Living with one's father who has insurance policies
It has come to my attention that my father pays home and car insurance. Is it permissible to make use of a car that insurance is been paid on? e.g.…
Mufti Zakaria Makada - 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 Online14 Oct 2017
Using discounts on bank cards offered by restaurants and shops
Can we use discount on bank cards (credit and debit) offered by resturants and shops?
Mufti Ebrahim Salejee - Ask Imaam13 Oct 2017
Will paying a creditor rent for the house purchased using his money, be considered as interest?
Asalam Alaikum Wrbu, Dear Mufti Sb please let me know if the following is not interest and permissible to contract: I, Person A, borrowed 70,000…
Muhammed Al-Ameen Bin Moulana Ismail Akoo - Mufti Online11 Oct 2017
Distributing the estate of one's father
I want to know about inheritance (wirasat) matter according to Islam. We are three brothers and one sister. My father has passed away and he left 2…
Mufti Ebrahim Salejee - Mufti Online10 Oct 2017
Taking interest money
I am investing 10 lakh in my own company and apart from the salary, I am taking interest of 1 % month to month. I am day to day involved in the…
Mufti Ebrahim Salejee - Mufti Online8 Oct 2017
Using interest money for medical treatment and constructing toilets
1. Is it permissible to take money from an NGO or Charitable trust for medical treatment (Person who needs the money isn't capable enough to manage…
Mufti Zakaria Makada - Mufti Online7 Oct 2017
Health insurance
What is the fatwa in detail regarding health insurance?
Mufti Ebrahim Salejee - Ask Imaam6 Oct 2017
Bank ‘‘Cash Back’’ Rewards
Assalamu Alaykum I am working and living in Dubai nowadays. I am using credit cards from some banks here. Some cards have an feature that if you use…
Muhammad IV Patel - Ask Imaam5 Oct 2017
Purchases through friend’s credit card.
Assalaamu Alaikum, Is it permissable to ask a friend who has Credit Card to use and do purchase for which I will pay back to the friend by cash, the…
Anas Sharieff Qasmi - Mufti Online27 Sep 2017
Disposing of interest money
Can we give the interest money to the poor or needy?
Mufti Zakaria Makada - Mufti Online26 Sep 2017
Meezaan Bank ijaarah scheme
Please tell me about the car ijaara scheme of Meezan bank that is that allowed or not?
Mufti Ebrahim Salejee - Mufti Online26 Sep 2017
Paying a charted accountant interest money
Can we pay the 'chartered accountant' his fee hired for calculating the income tax and filing its return from the 'interest money'?
Mufti Ebrahim Salejee - 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
Buying a house through a bank
Are we allowed to buy a house through Islamic Banking? Al Baraka Bank, Fnb Islamic Banking, etc.?
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.