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 18 of 44
- 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 - 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 Online19 Sep 2017
Working in a bank
I have a doubt, are Muslims allowed to work in a bank.
Mufti Zakaria Makada - Mufti Online18 Sep 2017
Accumulating interest money
1. Is it permissible to use interest earned on a bank account to donate to charity? 2. If so, can you then invest the interest earned into a…
Mufti Zakaria Makada - 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 Online14 Sep 2017
Paying income tax with interest money
I live in India, and employed in a company. I get my salary in cheque which would be deposited to my 'saving account in the bank'. It generates…
Mufti Ebrahim Salejee - Ask Imaam28 Aug 2017
Due to a tragedy in my life, I have lost interest in everything.
I am working in an MNC with great job roles and responsibilities. However, currently i dont have that interest and spirit to work like how it was…
Hussein Muhammad - Ask Imaam26 Aug 2017
Are Conventional banks investment products really Shariah Compliant?
Asalaamu alaikum Respected Mufti Saheb. Absa, FNB and now Standard banks claim that they have Shariah compliant investment opportunities for…
Huzaifah Deedat - Mufti Online26 Aug 2017
Using interest money to build a toilet
Can I use interest money to build a toilet for my personal use?
Mufti Zakaria Makada - Ask Imaam24 Aug 2017
Leasing to a Bank or Insurance Company
My name is ..., India. I had one Building in the heart of my home town. Now I am seeking rental clients. Can it permissible to give to Banks,…
Aboobakr Siddeeq bin Mufti Amjad Mohammad - Mufti Online24 Aug 2017
Working in a bank
Im working in a corporate bank. But I dont deal with interest. My work is related to preparing letters and written off and some back end work. I do…
Mufti Ebrahim Salejee - Mufti Online22 Aug 2017
Is Qurbaani and zakaat waajib upon a person who has a hajj savings account?
If I have a savings account towards hajj and its more than 1 year: 1. Is qurbani wajib on me although I may not have any other money besides the…
Mufti Ebrahim Salejee - Mufti Online19 Aug 2017
Woman working from home due to constraints
My husband works in his father’s business. His father deals in interest and sells haraam. My husband knows it is haraam but is not interested in…
Mufti Ebrahim Salejee - 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 Online16 Aug 2017
Maintaining a certain amount in one's bank account to avoid paying bank charges
1. If I have a FNB Islamic cheque account, and when I use swipe my cheque card I get E-Bucks, can I use this E-Bucks? 2. If not what can I do with…
Mufti Ebrahim Salejee - Mufti Online15 Aug 2017
Credit card holder getting access to special airport lounges
Many people who receive benefits from the bank such as airport lounge access pay high bank charges or card fees e.g. Zaid’s bank charges are R300…
Mufti Zakaria Makada - Ask Imaam11 Aug 2017
How to calculate forgotten/unrecorded interest amounts in a bank account & harms of interest in this world
Assalamu Alaikum, Few Months back, i came to know that my father never in his life disposed interest money of his saving accounts so as to prevent…
Aboobakr Siddeeq bin Mufti Amjad Mohammad - Mufti Online10 Aug 2017
What is the definition of riba?
What is the definition of riba?
Mufti Zakaria Makada - Mufti Online10 Aug 2017
Accepting credit card payment
Is it permissible for Muslim businesses to accept credit card payment?
Mufti Ebrahim Salejee - 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 Online8 Aug 2017
Claiming medication from medical aid which amounts to less than the monthly installment
My family has a normal medical aid policy for me and other family members. Chronic medication is claimed. The amount that is paid to the medical aid…
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 Online3 Aug 2017
Disposing of interest money from different bank accounts
I have 5 bank accounts in india and all are giving interest on my deposited money. when i got interest i will write in my diary date and amount and…
Mufti Ebrahim Salejee - Mufti Online2 Aug 2017
Income of a person working in a newspaper company and a bank
1. What is the ruling on the income generated by working for a newspaper. The newspapers contain pictures, news which have the elements of…
Mufti Ebrahim Salejee - Mufti Online23 Jul 2017
Life insurance payout
Old Mutual life insurance investment funds. 1. If the family gets paid out from such an investment, will it be permissible for them to use that…
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 Online20 Jul 2017Roman Urdu
Bank me paisa rakhna
Hmary pas mcb r Habib bank ha to ismy islamic saving account open krwana kesa ha r isky bary mei kia hukam ha...???
Mufti Zakaria Makada - Mufti Online19 Jul 2017
Examination fees
I am an accounting student and have little concern with regards to the system we make our payments and possibility of any interest involved in the…
Mufti Ebrahim Salejee - Mufti Online19 Jul 2017
Taking out an insurance policy
I am a mother of a 1 year old child. I want to do "educational insurance policy" for my son. Is subject policy allowed in Islam?
Mufti Ebrahim Salejee - Mufti Online18 Jul 2017Roman Urdu
Ghareeb bachche ko sood dena
Main ek govt school me teacher hu jaha aksar garib bachhe padhne ate hain. Kya main saving account k interest ka pesa teaching aid, classroom or…
Mufti Ebrahim Salejee - Mufti Online17 Jul 2017
Taking out life Insurance in a foreign country
I want to know about insurance. I live in Europe and majority of Muslims have life insurance. For example, if they die then the company will pay to…
Mufti Zakaria Makada - Mufti Online15 Jul 2017
eBucks
I have an Islamic account with FNB and I receive ebucks for every time I swipe my card or buy things online. Please advise if I would be able to use…
Mufti Zakaria Makada - 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 Online8 May 2017
Not being interested in anything
I am suffering from mental condition day by day increase since one year it increases more. I use to bata again and again always use to every thing…
Mufti Ebrahim Salejee - Mufti Online8 May 2017
Investing with a partner that deals in interest
We live in a non Muslim country. I have a business in which we take a plot, then develop the building and then sell. Usually it is a partnership…
Mufti Ebrahim Salejee - Mufti Online8 May 2017
Bank related questions
1. I have a question regarding banking. If the bank gives you $200 credit in your account for opening a new account and then charges $35.00 for bank…
Mufti Ebrahim Salejee - Ask Imaam7 May 2017
Using rewards received from credit card
Assalaamu Alaikum Warahmatullahi Wabarakatuhu. First of sincere apologies for posting this query for the third time. However I badly need a verdict…
Saad Haque - Mufti Online6 May 2017
Earning points through purchasing from certain stores
I recently learned about the impermissibility of the 3% cash back on the credit card. Many stores offer points which can be changed to cash to…
Mufti Ebrahim Salejee - Mufti Online5 May 2017
Cancelling an insurance policy
I did an insurance policy in 2014 for 10 yrs, every year I need to pay a premium of 35k. Last year I got to know that it is haram and I wanted to…
Mufti Ebrahim Salejee - Mufti Online2 May 2017
Doubts regarding Islamic investments
I want to invest in an Islamic investment fund. Its a bank in Pakistan. They have fatwas from a senior mufti but I still have doubts if its haram or…
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.