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

Mufti Online865Ask Imaam693Ibn Masood88Azaadville37Jamiat KZN23MUBZ8Camperdown7MJC1DU Zakariyya1

Interest (Riba) & Banking fatawa — page 19 of 44

  1. Mufti Online2 May 2017

    Using interest money to release prisoners

    Can we utilize saving bank accounts interest money to release non-habitual prisoners, advocate fees and legal aid staffs salary who work on this…

    Mufti Ebrahim Salejee
  2. Ask Imaam28 Apr 2017

    Can a person buy a car via Meethaq Islamic Bank's financing?

    Assalaamu Alaikkum wa rahmathullahi wa barakaathuhu. I am from India and I work for a company in Muscat, Oman. I have an account with Meethaq…

    Ridwaan Ibn Khalid Esmail [Kasak]
  3. 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
  4. Mufti Online26 Apr 2017

    Working for a bank

    If a relative works for the bank in the computers department (networks, fixing computers, etc., not programming) then is his income 100%halal? Would…

    Mufti Zakaria Makada
  5. Ask Imaam22 Apr 2017

    Project manager of Ajman Bank – Clarification Required

    Is it permissible to work for Ajman Bank as a project coordinator on the IT/Software department ? My role as a project coordinator is expected to be…

    Mu’ādh Chati
  6. Mufti Online20 Apr 2017

    Working in a bank

    Is it permissible to work in a bank as a probationary officer or a clerk or if I prepare for a bank exam with an intention of working there. Is that…

    Mufti Zakaria Makada
  7. Mufti Online19 Apr 2017

    Purchasing a ticket to enter into a competition

    The duty-free section of certain airports sells tickets. I want to buy a ticket with the intention that if I win, I will give the money to needy…

    Mufti Ebrahim Salejee
  8. Mufti Online18 Apr 2017

    Nedbank Greenbacks

    Is it permissible to redeem Nedbank Greenbacks for cash? Greenbacks Rewards is easy to understand and easy to use. You earn Greenbacks every time…

    Mufti Ebrahim Salejee
  9. Mufti Online18 Apr 2017

    Working for a bank

    I am working in a micro finance bank as a loan officer that gives loan with interest and i want to know that it is right way in Islam for earning or…

    Mufti Zakaria Makada
  10. Mufti Online17 Apr 2017

    Applying for a Government Pension fund

    Is it permissible to apply for an old age state pension? What is the Shari’ah ruling in this regard?

    Mufti Zakaria Makada
  11. Mufti Online17 Apr 2017Roman Urdu

    Bank se ghar khareedna

    Mera aap se ye sawal hai ke kya hum bank se house le skte hai jo bank ki milkiat hai installments pr aur me europe me rehta hon?

    Mufti Ebrahim Salejee
  12. Mufti Online17 Apr 2017

    Getting rid of interest money

    I have a saving account and the bank is giving interest on my account every quarterly. Is the interest haram in shariyah? Accordingly to shariyah,…

    Mufti Zakaria Makada
  13. Ask Imaam11 Apr 2017

    Al Rayyan Bank - Home Purchase Plan

    Assalamualaikum warehmatullahi waberkatuhu, May Allah bless us all with his mercy upon us. I live in the UK and while exploring the house purchasing…

    Mu’ādh Chati
  14. Mufti Online11 Apr 2017

    Giving one the usage of the home due to the loan

    I have a house. I borrow some money from one person and I give him my house for one year. After one year, I take back my house and pay back his…

    Mufti Zakaria Makada
  15. Mufti Online9 Apr 2017

    Investing in shares on the stockmarket

    I have been investing in shares for the past two years and I have earned a good amount of profit so far. When investing, I avoid buying shares in…

    Mufti Zakaria Makada
  16. Mufti Online8 Apr 2017

    Paying interest of savings account from debit account

    I have both a current account as well as a savings account at a bank. The savings account is interest-bearing. In disposing of the interest earned…

    Mufti Zakaria Makada
  17. Jamiat KZN7 Apr 2017

    What should a person do with interest money?

    What should a person do with interest money?

    Ridwaan Ibn Khalid Esmail {Kasak}
  18. Ask Imaam6 Apr 2017

    What should a person do with interest money?

    What should a person do with interest money?

    Ridwaan Ibn Khalid Esmail {Kasak}
  19. Mufti Online6 Apr 2017

    Disposing of haraam money

    How to get rid of haraam money? Should I give this money to poor or needy relatives?

    Mufti Zakaria Makada
  20. Mufti Online5 Apr 2017

    Paying taxes with interest money

    In India we have to pay house tax every year, so can we pay this tax using interest (riba) money?

    Mufti Ebrahim Salejee
  21. Mufti Online3 Apr 2017

    Home insurance

    We live in a dangerous area in Cape Town, lots of gangsterism, drugs, violence and we often have home break in. We earn below average income and…

    Mufti Ebrahim Salejee
  22. Ask Imaam1 Apr 2017

    Will my actions and ibādah be valid in a house which I bought using an interest-bearing bank loan?

    Assalaamu `alaykum waRahmatullahi Wabarakatuh, this question relates to buying a house on interest in a western country. While reading the rulings…

    Mu’ādh Chati
  23. Mufti Online30 Mar 2017

    Declaring war with Allah Ta'ala by dealing in interest

    My older brother is the head of the household and he makes most of the financial decisions for me. A while ago he made me apply for a loan that I…

    Mufti Ebrahim Salejee
  24. Ask Imaam29 Mar 2017

    Is it permissible to draw up appointment letters containing interest charges?

    1. I am a civil engineer working at am international consulting engineering company. As part of my role,I am required to send out quotations to…

    Saad Haque
  25. Mufti Online29 Mar 2017

    Entering competitions with free airtime

    If a person loads airtime on his phone and receives some free airtime, can this free airtime be used to enter competitions (e.g. competitions found…

    Mufti Ebrahim Salejee
  26. Mufti Online26 Mar 2017

    Pension and unemployment funds

    Is it haraam to earn a pension fund and to draw unemployment fund which was partly contributed from your own salary and partly from the company you…

    Mufti Zakaria Makada
  27. Mufti Online22 Mar 2017

    Working for a company that educates poor people about banking

    I have a question regarding working for a non-government organization(NGO). The name of the organization is swisscontact. This organization does not…

    Mufti Ebrahim Salejee
  28. Mufti Online21 Mar 2017

    Taking out interest bearing student loans

    1. What is the status of permissibility with regard to student loans? Here in Australia, we have the option of paying back all or some of the loan,…

    Mufti Ebrahim Salejee
  29. Mufti Online18 Mar 2017

    Using halaal money from an account that accrues interest

    I have some fixed deposits which accrues some interest. Now if I perform Hajj/Umrah from the halal money i.e. not earned from the interest, will it…

    Mufti Ebrahim Salejee
  30. Mufti Online13 Mar 2017

    Taking a loan on interest

    I work with a company and its operate a cooperative where any employee can be saving any amount from his or her monthly salary. And one can choose…

    Mufti Zakaria Makada
  31. Mufti Online12 Mar 2017Roman Urdu

    Sood owr haraam kamaai se parhez karna

    Mera bhai ne khwaab mai dekha ke chawal ke nechai khoon hai.

    Mufti Zakaria Makada
  32. Mufti Online11 Mar 2017

    Taking interest free loans

    Is it permissible for a Muslim to take loans for their business or making homes of their own?

    Mufti Ebrahim Salejee
  33. Mufti Online11 Mar 2017

    Avoiding interest when purchasing a house

    I am planning on buying a new house that costs $250,000. However, I do not have enough money to pay the full amount up front and I do not want to…

    Mufti Zakaria Makada
  34. Mufti Online8 Mar 2017

    Using interest money to pay airport taxes

    May I use interest money to pay airport taxes?

    Mufti Ebrahim Salejee
  35. Mufti Online7 Mar 2017

    Purchasing a car through the bank

    If a person is in need of a car and he does not have the money to pay for it, can he buy it through bank finance?

    Mufti Zakaria Makada
  36. Mufti Online7 Mar 2017

    Meezaan bank

    I want to ask about the ribba free profit loss based Islamic investment. Currently I am interested in Meezan Bank Monthly Mudarbah Certificate,…

    Mufti Ebrahim Salejee
  37. Mufti Online7 Mar 2017

    Applying for a job in a bank

    In which circumstances is it allowed to apply for bank job?

    Mufti Ebrahim Salejee
  38. Mufti Online5 Mar 2017Roman Urdu

    Khwaab ki ta'beer

    Mene khwab m pig dekha h or shayd wo pregnenet bhi h or jis hisse se baccha peda hota h wo hissa uska kafi bda ho chuka h ki uske ander ki gosht bhi…

    Mufti Zakaria Makada
  39. Mufti Online5 Mar 2017

    Zakaat on gold purchased with a credit card

    Someone took gold on credit cards and couldn’t pay the credit card, so the interest is triple times more since 1 year, and the person left the…

    Mufti Ebrahim Salejee
  40. Mufti Online5 Mar 2017

    Using interest money to pay traffic fines

    Can interest money be used to pay off traffic fines?

    Mufti Zakaria Makada

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.