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 25 of 44
- Mufti Online14 Sep 2015
Providing a service to the bank
I know that doing a job in the bank is haram, but does the security guard and drivers of banks also doing haram? As they are not directly involved…
Mufti Ebrahim Salejee - Mufti Online14 Sep 2015
Repairing a door at the bank
Can a person accept a job to repair the door of the bank, lay tiles at the bank, etc.?
Mufti Ebrahim Salejee - Ask Imaam10 Sep 2015
How can I take loan for business from Islamic bank?
How can I take loan for business from Islamic bank?
Maaz Chati - Mufti Online10 Sep 2015
Taking a loan from the bank
I need a loan from the bank, but they are charging interest. Can I take that loan or I will find another bank that gives me an Islamic loan.
Mufti Zakaria Makada - Mufti Online8 Sep 2015
Insurance policies
Is Health insurance policy, life insurance policy etc is permissible in Islam? Kindly send some reference of hadith and Quran also.
Mufti Zakaria Makada - Mufti Online7 Sep 2015
Keeping one's money in the bank
What types of banking accounts are permissible to open? Can I open a savings account with the intention that I will deduct the amount of interest…
Mufti Zakaria Makada - Mufti Online5 Sep 2015
Binary trading
Is trading using binary option on any thing from currencies to commodities halaal or haraam? Please could you let me know on this issues?
Mufti Zakaria Makada - Ask Imaam4 Sep 2015
Can I cover the medical expenses of poor Muslims with interest money?
Can we Give Bank Intrest Amount to Muslim Poor and needy. Can we give bank intrest money for musilm poor hospital bill, who can affort medical…
Abdullah ibn Mohammed Aijaz - Ask Imaam4 Sep 2015
I am desperate. Can I take an interest-based home loan?
I live in hyderabad india in a rented flat and am single source of earning. I do not have the amount to buy a flat/house at one go and only option…
Abdullah ibn Mohammed Aijaz - Ask Imaam29 Aug 2015
Working for an organisation that provides solutions for banks
I Am working in an organization which is providing solutions for Banks, In pakistan and outside pakistan. Is it haram or halal to work in here? I am…
Maaz Chati - Jamiat KZN25 Aug 2015
Using interest for construction of toilets for the Masjid
Can I use money generated from bank interest for the construction of toilet in Masjid?
Abdullah ibn Mohammed Aijaz - Ask Imaam23 Aug 2015
Using interest for construction of toilets for the Masjid
Can I use money generated from bank interest for the construction of toilet in Masjid?
Abdullah ibn Mohammed Aijaz - Ask Imaam21 Aug 2015
What is the ruling of working for a software firm that provides software service to clients dealing in interest?
Recently I have joined a software firm. Software firms generally provides software service to any kind of clients like University, Business…
Maaz Chati - Mufti Online18 Aug 2015
Home insurance
Is home insurance haraam? It does deal with interest, but so does car insurance.
Mufti Ebrahim Salejee - Mufti Online18 Aug 2015
Diners card
Regarding the diners card, which many people take out to get access to airport lounges across the world. The cost is R695 per year. According to the…
Mufti Zakaria Makada - Mufti Online17 Aug 2015
Using a credit card and getting involved in interest
I am very much in need of money. I have requested to my friends, family,and colleagues to lend me money but no body gives me. Now I have to pay my…
Mufti Ebrahim Salejee - Ask Imaam12 Aug 2015
Taking interest with intention of giving it to charity
I live in UK and I have a current account with LLoyds Bank. I requested a current account because it does not give me any interest money. There are…
Abdullah Ghadai - Mufti Online9 Aug 2015
Interest based saving schemes
Pakistan is an Islamic state. I have invested some amount in government saving schemes. Although the rate of profit is fixed it is actually not…
Mufti Ebrahim Salejee - Ask Imaam4 Aug 2015
Permissibility to purchase a home on the basis of home mortgage/interest bearing loans
I would like to ask that I was planning to have a loan for home. I knew it is not permissible as all the Indian banks have the system of Riba. Will…
Ismail Desai - Mufti Online4 Aug 2015
Working for a company that provides software to banks
I am from Pakistan, I want to switch to an organisation which only provides software to banks. We need to sit in banks and also to eat and drink in…
Mufti Ebrahim Salejee - Mufti Online4 Aug 2015
Prizes won at a dog competition
A Muslim entered his dog into a dog competition. Based on the gait, size, alertness, general health and so forth of the dog, the dog was placed in…
Mufti Ebrahim Salejee - Mufti Online3 Aug 2015
Medical aid
We live in South Africa and we want to know is medical aid permisible?
Mufti Zakaria Makada - Mufti Online28 Jul 2015
Rewards from credit cards
You have a fatwa on your website that states using rewards from credit card companies is impermissible (ebucks); is using rewards from a…
Mufti Zakaria Makada - Ask Imaam2 Jul 2015
Is it permissible to take out insurance with a company paying for it? Who can the interest money be given to? What is the method of Salāh al-hājah?
I live in the U.S. and follow Hanafi fiqh- 1. Company where my husband works offers life insurance at no cost for employees (but company itself…
Hanif Yusuf Patel - Ask Imaam21 Jun 2015
Can we pay the TDS from the interest money?
I am purchasing a property in India,and for the registration i am paying from my halal money. Now the government has imposed TDS on the Seller from…
Ismail Desai - Mufti Online25 May 2015
Free travel insurance with tickets purchased using a credit card
If a person pays for a flight overseas with his credit card, the bank provides free travel insurance. Will it be permissible to use a credit card…
Mufti Ebrahim Salejee - Jamiat KZN25 May 2015
Intentionally acquiring interest to help the poor
Q. Can I enter into an interest bearing transaction with the intention of distributing the interest in charity after the transaction is completed?
Mufti Ismaeel Bassa - Mufti Online23 May 2015
Interest money from the bank
I have an account in the bank. Yearly I get interest from the bank. Is it legal in Islamic law to earn interest from the bank?
Mufti Zakaria Makada - Ask Imaam22 May 2015
I want to purchase a home and would like to find out whether the Al-Baralah bank home finance is Shariah Compliant?
I want to purchase a home and would like to find out whether the Al Baraka bank home finance is shariah compliant?
Ismail Desai - Mufti Online20 May 2015
Using interest money to pay import duties
Can interest money be used to pay the import duty, taxes, anti-dumping (AD), and countervailing duties (CVD) which a government levies on imported…
Mufti Ebrahim Salejee - Mufti Online20 May 2015
Working in the fraud investigation department of a bank
Is it permissible to work at a bank in the fraud investigation department?
Mufti Ebrahim Salejee - Mufti Online19 May 2015
Father insuring the son's car
A young man gets a car from his father. The car is registered on the father's name though. The father takes out insurance on the car against the…
Mufti Ebrahim Salejee - Mufti Online13 May 2015
Taking a profit against a loan
I need my cousin to invest 50 000 for a service that I offer which is finding clients for private electricity pay as you go meters. My cousin is…
Mufti Zakaria Makada - Mufti Online12 May 2015
Taking an extra amount over and above the loan
My cousin needs to buy transportation for his business and needs money. He said he will give a fixed small amount of money every month from his…
Mufti Zakaria Makada - Ask Imaam9 May 2015
How come its permissible working in a bank as an inbound call centre agent when the source of income of the bank is from interest?
how come its permissible working in a bank as an inbound call centre agent when the source of income of the bank is from interest?and obviously a…
Ismail Desai - Ask Imaam7 May 2015
Gold bought with interest money has now increased in price.
I live in Australia. My sister asked me to find answer to following masalah when I spoke to her yesterday over the phone. She lives in Pakistan.…
Muhammad Haris Siddiqui - Jamiat KZN7 May 2015
Interest based savings account (2/2)
If a person keeps a residential plot with no defined intention whether it could be used for living in future by himself/family or whether to be sold…
Mufti Ismail Desai - Jamiat KZN7 May 2015
Interest based savings account (1/2)
I have got some interest money from my saving bank accounts as well as from my father’s account.But Due to not practicing islam my father do not…
- Ask Imaam6 May 2015
Interest based savings account
I am a student of Engg.I have got some interest money from my saving bank accounts as well as from my father's account.But Due to not practicing…
Mufti Ismail Desai - Mufti Online18 Apr 2015
Points earned through using a credit card
My question is that if there are points offered by Credit Card, can we use them or not? Are they haraam or Halaal?
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.