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 28 of 44
- Mufti Online18 Sep 2014
Mortgage plans
I am planning to buy a properly in UK. I have saving but it is far away from the amount the property cost. So I have to take a loan from the bank. I…
Mufti Ebrahim Salejee - Mufti Online15 Sep 2014
Working for a bank
1. Is it permissible for a person to do a job in a bank when he can not get any other job? 2. Is it permissible for a person to take a loan from a…
Mufti Zakaria Makada - Ask Imaam11 Sep 2014
Selling shares of a company which is involved in interest
I bought shares in a listed company over a period of 7 years. The shares were bought at various prices; some were at a higher price than the current…
Fahad Abdul Wahab - Ask Imaam31 Aug 2014
Reliability of a bank in the UAE
I am looking to go islamic car financing through renowned Islamic Bacnk in UAE. Chairman of the Shariah Board is Mufti Taqi Usmani Db. Bank is…
Nabeel Valli - Mufti Online30 Aug 2014
Taking a loan from the bank on interest
My company is giving me a benefit for house allowance. I can take the loan from the bank to purchase a house for me and what ever the interest I…
Mufti Ebrahim Salejee - Mufti Online30 Aug 2014
Paying back more than the loaned amount
My dad took the money from my uncle and said I will give you the profit as I have to invest it in my business. The profit was fixed either the…
Mufti Ebrahim Salejee - Mufti Online30 Aug 2014
Purchasing a house on mortgage
Please clarify for me the mortgage issue. I live in Australia and people and Islamic Scholars have different opinions on buying a house on Mortgage.…
Mufti Ebrahim Salejee - Mufti Online27 Aug 2014
Buying a house without a mortgage
I want to buy a home and without mortgage it is impossible in the USA. I also know about riba. What I need to do. Please advise.
Mufti Ebrahim Salejee - Mufti Online24 Aug 2014
Purchasing a vehicle through the bank
1. I would like to purchase a vehicle but I do not have the capital. Can I purchase it through the bank with a fixed price? 2. Are medical aid and…
Mufti Zakaria Makada - Mufti Online23 Aug 2014
Hire purchase
I live in muscat. I bought my car on hire purchase. The total price of tyre car is 8000 rials but on hire purchase its 8500 rials. So firstly is…
Mufti Ebrahim Salejee - Mufti Online12 Aug 2014
Credit cards
My question is that I live in muscat and I am a teacher. I want to start a side business. So the bank is offering me a credit card and the offer is…
Mufti Zakaria Makada - Mufti Online10 Aug 2014
Being forced by the government to pay interest
If a person works at an accounting office that deals with tax and due to no fault of his own the government reassesses the tax liability of a…
Mufti Ebrahim Salejee - Ask Imaam14 Jul 2014
Is it allowed to smoke and sell cigarettes, sell lottery tickets, take interest and do I give Zakat on my 401(k)?
I live in USA. I have few questions. If you can provide answers with Quran and Hadees reference, i would greatly appreciate it. 1. Is having lottery…
- Ask Imaam9 Jul 2014
Interest on loans
If I have earned interest on loans, and I have no way to dispose it off. 1. Is it permissible to deposit it in the bank account of some institution…
Mufti Ebrahim Desai - Ask Imaam2 Jul 2014
Is it necessary to be in the state of Wudhu before sleeping? Accepting payment through credit cards which are not allowed.
I have two questions, one fairly easy and another slightly difficult. First i wish to know when i do istighfar and i go to sleep with wudu...if i…
Mufti Ebrahim Desai - Ask Imaam1 Jul 2014
Interest and Insurance
i am living in India and here we have to pay lot of Taxes to Govt. we cant escape from that, my question is that i have an RD (Reoccuring Deposit)…
Mufti Ebrahim Desai - Ask Imaam27 Jun 2014
Sources of funds/income for a bank
I refer to your fatwa dated Mar 05, 2014 (answered date) with a fatwa number of28501 on Ask Imam, regarding major sources of funds/income for a…
Mufti Ebrahim Desai - Ask Imaam23 Jun 2014
Is it permissible for a person to work as an accountant? Are clients exempted from paying interest penalties due to late filing?
I HAVE A QUESTION REGARDING MY WORK SITUATION. I STARTED WORKING FOR A SMALL CPA FIRM IN CHICAGO IL AS A STAFF ACCOUNTANT. MOSTLY MY JOB REQUIRES ME…
AbdulMannan Nizami - Mufti Online18 Jun 2014
Life insurance
Is it permissible to use Life insurance or medical insurance by LIC (which is run by the Government of India) like we use other benefits which the…
Mufti Ebrahim Salejee - Mufti Online13 Jun 2014
Disposing of interest money
Me and my brother take care of my uncle's family and their daily needs. My question is I get some interest from the banks on my savings. Can I use…
Mufti Zakaria Makada - Ask Imaam8 Jun 2014
Is it permissible to provide Short Term Consultancy services to the World Bank Group?
I am a graduate level student of Economics. I wanted to ask if it Is permissible to provide Short Term Consultancy services to the World Bank Group.…
Ismail Desai - Mufti Online7 Jun 2014
Forced to pay interest
Is it haram to pay interest is one is forced to? For example if the government charges you a tax penalty and includes interest in it, is it haram…
Mufti Zakaria Makada - Ask Imaam4 Jun 2014
Is it allowed to rent commercial property to a bank?
Is it allowed to rent commercial property to a bank? (Standard bank) . Collect rental from a bank Please advice
Sohail ibn Arif - Mufti Online4 Jun 2014
Interest
Interest is considered to be a strong haraam and a grave sin, but isn't interest needed as a fundamental basis for starting a bank and being able to…
Mufti Ebrahim Salejee - Mufti Online3 Jun 2014
Giving bribes
Although bribes are prohibited in Islam the situation in my country is such that the government officials depend on bribes without which our work…
Mufti Ebrahim Salejee - Mufti Online1 Jun 2014
Life insurance
I have made my life insurance for which I paid 100000 RS for 5 years but someone told me that it is against sharia to get insurance. Birla sun life…
Mufti Ebrahim Salejee - Mufti Online24 May 2014
Gambling
Recently, I bought something from a charity shop. At the counter, the lady asked if I would like to be entered into a prize draw, for which the…
Mufti Zakaria Makada - Ask Imaam19 May 2014
Can Kuffar make usage of Islamic banks?
can the kuffaar use the muslim banks like Islamic finance banking?
AbdulMannan Nizami - Mufti Online15 May 2014
Giving a bribe
Offering or accepting bribe is indeed forbidden in Islam. However there are times when one is really helpless and cannot gain one's right or avoid…
Mufti Zakaria Makada - Ask Imaam8 May 2014
Can monies collected for sadaqah/charity be deposited in a bank before distribution?
can sadqa/charity money collected in masjid be deposited in a bank to be used at a later time for needy or it has to be in personnal possesion to…
Mufti Saeed Ahmed Golaub - Ask Imaam26 Apr 2014
Are we permitted to take out interest-based tuition fees? If not, what is the solution?
I wanted to ask about University. In england, we have tuition fees which is paid for us because it is 8/9 grand a year now. But interest is accrued…
Hanif Yusuf Patel - Mufti Online24 Apr 2014
Meezan Bank
I want to know that meezan bank saving account is good or not. All the details are included below. Meezan Bachat Account is a unique saving account…
Mufti Ebrahim Salejee - Mufti Online24 Apr 2014
Provident Fund
My question is related to provident fund. I have resigned from my current job and inshaallah would be joining another company within short time.…
Mufti Ebrahim Salejee - Ask Imaam23 Apr 2014
I would like to know whether its permissible or impermissible to get discount offer from Bank cards on food outlet?
I would like to know whether its permissible or impermissible to get discount offer from Bank cards on food outlet. Scenario: We usually avail…
Ismail Dawoodjee - Mufti Online22 Apr 2014
Being interested in a boy
I am a 20 year old girl who is interested in this one boy and I really want to be with him but we can't because we have not made nikaah. His parents…
Mufti Ebrahim Salejee - Ask Imaam18 Apr 2014
1) Travelling for medical training. 2) Using interest money.
I am a medical college student (female), there’s a student exchange program AEISEC offers to my university, in which whoever is selected can go to…
Nabeel Valli - Ask Imaam15 Apr 2014
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 - Mufti Online15 Apr 2014
Buying food for pets with interest money
Is it permissible to use interest money to buy food for pets?
Mufti Zakaria Makada - Mufti Online13 Apr 2014
eBucks
I would like to know what is the sha'ree ruling on e-bucks. Many family people use it and I want to show them the sha'ree ruling.
Mufti Zakaria Makada - Mufti Online10 Apr 2014
Compulsory motocar insurance
I live in a country were car insurance is required by law. If one does not have car insurance, they will be issued a citation until they attain the…
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.