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 31 of 44

  1. Mufti Online27 Oct 2013

    Interest and usury

    I needed to ask that I have completed my BBA(H) just now. During the course, I wasn't practising Islam - the only true religion that much. From…

    Mufti Zakaria Makada
  2. Ask Imaam25 Oct 2013

    Advice on father having interest bearing account

    I am facing a very serious problem. Actually my father was having a sum of money and initially he told to my family that he has made that amount fix…

    Arshad Ali
  3. Ask Imaam15 Oct 2013

    In saving bank accounts interest is added automatically in the account. Can I use this amount to help poor people?

    As I know interest(RIBA) is haraam in Islam. But in saving bank accounts, interest is added automatically in the account. Can I use this amount to…

    Mufti Ismail Desai
  4. Ask Imaam12 Oct 2013

    I want to know that job in Islamic Banks in Pakistan is Halal or Haram?

    I want to know that job in Islamic Banks in Pakistan is Halal or Haram?

    Mufti Ismail Desai
  5. Mufti Online9 Oct 2013

    Working as a teller in the bank

    I have a job interview working for a bank in the USA. I was told that it is haraam to work for an American or foreign bank because they deal with…

    Mufti Zakaria Makada
  6. Mufti Online9 Oct 2013

    Advance salary service from the bank

    My bank name is Dubai Islamic Bank and they give advance salary and deduct 150 AED as services charges. They say it's not interest. Is it sood or…

    Mufti Zakaria Makada
  7. Mufti Online6 Oct 2013

    Dealing in interest

    You know banks pay you interest if you have account with them and if use credit card you also pay interest to a bank. So if you receive and give…

    Mufti Zakaria Makada
  8. Mufti Online1 Oct 2013

    Working for a bank

    The only job I have ever had since I have finished school was at the bank, it is all the experience that I have. Is my salary that I earn Haraam?Due…

    Mufti Ebrahim Salejee
  9. Mufti Online1 Oct 2013

    Credit cards

    Is it permissible to use credit cards as long as I pay off the balance without having to pay interest?

    Mufti Zakaria Makada
  10. Ask Imaam26 Sep 2013

    Is it permissible to work for a bank, whose income is reported to be 75% from interest bearing loans?

    Is it permissible while residing in a metropolitan area where there is a tonne of other jobs available, to continue to work for a bank, whose income…

    Ismail Dawoodjee
  11. Mufti Online24 Sep 2013

    Meezan Bank

    I want to get your opinion about Islamic banking in Pakistan. Is meezan bank a real Islamic bank in Pakistan or partially Islamic?

    Mufti Zakaria Makada
  12. Mufti Online23 Sep 2013

    Cash prize draw

    To encourage consumers to complete an online customer survey can I offer them entry into a cash prize draw. 5 lucky respondents will get R1000 each…

    Mufti Zakaria Makada
  13. Mufti Online18 Sep 2013

    Medical insurance

    I had a question about a friend who sells his medication called Hydrocodone pain killer. He gets it for free under his insurance and sells it to…

    Mufti Zakaria Makada
  14. Mufti Online17 Sep 2013

    Providing IT solutions to a bank

    I have got a job in a software company at a testing project of City Bank International. I will be providing IT solutions to the website of the bank.…

    Mufti Ebrahim Salejee
  15. Ask Imaam14 Sep 2013

    Can I help with repaying an interest-bearing loan my mother has taken out?

    Borrowing money from the bank that charges interest is it ok in some cases or is it forbidden to borrow all together because I am been told that its…

    Zameelur Rahman
  16. Mufti Online10 Sep 2013

    Extra amount over and above the original loan

    I borrowed money to buy a vehicle (with an agreement to pay back a much higher amount) i took full ownership of the vehicle, the outstanding amount…

    Mufti Zakaria Makada
  17. Mufti Online10 Sep 2013

    Using ebucks to purchase airtime

    Can one use ebucks to purchase airtime?

    Mufti Ebrahim Salejee
  18. Ask Imaam9 Sep 2013

    Qatar Islamic Bank Personal Loan

    Assalamualaikum, I am an Indian working in Qatar. For my family needs, I want to take personal loan from Qatar Islamic Bank. The bank assures of…

    Mufti Ismail Desai
  19. Mufti Online7 Sep 2013

    One month advance salary from the bank

    My salary is transferred to my bank account every month. Our bank gives us a facility to get 1 advance salary for 1 month, bank charges AED 175/-…

    Mufti Zakaria Makada
  20. Mufti Online7 Sep 2013

    Interest Money

    I have a question regarding sood. I have a bank account by which I credit interest. I wanted to help the poor people by distributing this money.…

    Mufti Zakaria Makada
  21. Mufti Online5 Sep 2013

    Linking one's bank account with someone else's account

    Is it permissible for me to link my bank account with my father's bank account at the same bank which contains interest but I am not withdrawing any…

    Mufti Zakaria Makada
  22. Mufti Online31 Aug 2013

    Buying a house through a bank

    Is it ok to buy a house through a bank in the USA? I am trying to avoid riba, what would you advise me to do?

    Mufti Zakaria Makada
  23. Mufti Online31 Aug 2013

    Using the benefits from banks

    With FNB automatically ebucks are generated for using the banks services. This can be used for various things, which I know that should be avoided…

    Mufti Zakaria Makada
  24. Ask Imaam28 Aug 2013

    Is it permissible for me take a career as an analyst for a company in which there is potential of dealing with interest?

    I'm a college student currently studying criminal justice. Recently I decided i want to switch my major to economics which is essentially a business…

    Saleem Ibn Sajawal Khan
  25. Mufti Online28 Aug 2013

    ebucks

    Is the earning of ebucks fnb offers permissible?

    Mufti Zakaria Makada
  26. Mufti Online27 Aug 2013

    Working for a company that prepares software for banks

    I am a software engineer, currently working in a software house, I wanted to switch my job and later on I got a job in a very nice & reputable…

    Mufti Zakaria Makada
  27. Ask Imaam26 Aug 2013

    Is it permissible to accept a job in which majority of the income is based on interest?

    I am a Chartered Accountant working in an accounting firm in Dubai. I am looking to change my job. One of the job offers i have got is from a real…

    Saleem ibn Sajawal Khan
  28. Mufti Online24 Aug 2013

    Husband not interested in wife

    I am married for the last 10 years. I have no children because my husband is infertile. The sperm count for my husband is nill and we have tried…

    Mufti Ebrahim Salejee
  29. Mufti Online24 Aug 2013Roman Urdu

    Bank se munfa'a lene

    Mera sawal hai ke, kya india mai hum kisi bank jaise icici, hdfc, se munafa lesakte hai, ya wo interest hi hoga?

    Mufti Zakaria Makada
  30. Mufti Online18 Aug 2013

    Cash prize draw as an incentive to complete a survey

    To encourage consumers to fill out a survey, we offered entry into a cash prize draw as an incentive if you complete the survey. 5 respondents will…

    Mufti Ebrahim Salejee
  31. Mufti Online18 Aug 2013

    Insuring parcels

    In the place where I live, majority of the time when I posted parcels in and around the country without insuring it, the parcel hadn't reached.…

    Mufti Zakaria Makada
  32. Ask Imaam13 Aug 2013

    Is it permissible to pay interest with interest?

    Is it Jaa'iz to pay interest with interest? The person sold their property with the intention of purchasing another property, the purchased property…

    Abdul Azīm bin Abdur Rahman
  33. Ask Imaam10 Aug 2013

    What is the ruling on interest in Dār al-Harb?

    What is the ruling on interest in Dār al-Harb? Are the Hanafi Ulamā differed since Imām Abū Hanīfah?

    Abdul Azīm bin Abdur Rahman
  34. Ask Imaam28 Jul 2013

    Where to dispose bank interest?

    A have some money in my account, it is about 6000 and has earned interest, my aim is that at the end when I take my money out I will return the…

    Mufti Hussein Issa
  35. Ask Imaam21 Jul 2013

    Is it allowed to pay the interest with the benefits received from the government? is it permissible to get a mortgage and pay off the interest?

    1) the interest u pay to the bank for the mortgage they give you, are u allowed to pay the interest with the benefits u receive from the government…

  36. Ask Imaam13 Jul 2013

    Can I work at the electronic data processing department of a bank?

    I work at the electronic data processing department of a bank. I could not find any other suitable job to do but I have to work here to bear my…

    Faraz Ibn Adam
  37. Ask Imaam10 Jul 2013

    Can i work as an IT technician for an Investment bank?

    Is it allowed to work in an investment bank? my field is IT helpdesk. I am in a steady job but looking to move and would like to know whether I…

    Mawlana Faraz Ibn Adam
  38. Ask Imaam9 Jul 2013

    Can I deal with relatives who have opened businesses with the aid of a Bank Loan and can I inherit from their property?

    I have relatives who have purchased houses and opened buisnesses with the aid of a bank loan, apart from this, their earnings and products are…

    Mufti Ebrahim Desai
  39. Ask Imaam6 Jul 2013

    Can i use interest money for paying income tax?

    Can I put my money in to Fix deposit for certain period rather than in saving account in order to get more interest. My niyat is only use interest…

    Mufti Ebrahim Desai
  40. Mufti Online29 Jun 2013

    Funeral cover

    I would like to know if it is permissible to have a type of funeral cover, in the area I live there is a type of funeral cover that you can join at…

    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.