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 32 of 44
- Mufti Online25 Jun 2013
Shariah compliant banks
There are many muslims turning to shariah compliant banks. What is your view on using these kind of banks for buying or building a house? Would I be…
Mufti Zakaria Makada - Ask Imaam10 Jun 2013
Building home on interest Loan
For building home, bank loan on interest is permissible? i am residing in Saudi Arabia.
Ismail Desai - Mufti Online4 Jun 2013Arabic
ما الحكم الشرعي في الحالات التالية
ما الحكم الشرعي في الحالات التالية: الحالة الأولى: عند الزبير توجد الآلة الكهربائية يحتاج إليها، و لكن آلته الكهربائية قد فسدت، و الزبير يريد…
Mufti Zakaria Makada - Mufti Online4 Jun 2013
Working in a bank
I am working in a bank. Is my employment permissible in Shari’ah?
Mufti Zakaria Makada - Jamiat KZN4 Jun 2013
PAYING BANK CHARGES WITH INTEREST MONEY
Are we allowed to pay our bank charges with interest money?
- Mufti Online20 May 2013
Medical Insurance
Please advise me on Medical Insurance, in todays expensive world it very difficult for the people in middle class to afford such huge amount of…
Mufti Zakaria Makada - Mufti Online29 Apr 2013
Bank service charge
I have a bank account. The monthly service fee is R169. There is an option, if a balance of R10 000 is maintained for everyday of the month they…
Mufti Zakaria Makada - Mufti Online29 Apr 2013
Islamic banks in North America
I live in north America can you tell me which bank is Islamic banks for housing?
Mufti Zakaria Makada - Mufti Online29 Apr 2013
National Savings and Investments Premium Bonds in the UK
In the U.K., the Government runs the National Savings and Investments Premium Bonds and encourages citizens to purchase Premium Bonds. Instead of…
Mufti Zakaria Makada - Mufti Online23 Apr 2013
eBucks offered by the FNB bank
Is eBucks offered by the FNB bank related to intrest and if so is it permissable to make use of eBucks?
Mufti Zakaria Makada - Mufti Online22 Apr 2013
Taking an interest bearing loan
I am a 36 year old man who was born and lived in India for 20 years and moved to North America now. I am married and have 2 children. Now I am…
Mufti Zakaria Makada - Mufti Online22 Apr 2013
Using interest money to pay exorbitant rates on one's property
Can interest money be used to pay exorbitant rates on your property? Or can they be used to pay high bank charges? Can they also be used to pay tax…
Mufti Zakaria Makada - Mufti Online22 Apr 2013
Competition wherein one is charged a fee
I will be hosting a car show during the course of next month and would like to find out if the proceeds from this event can go to a sponsorship for…
Mufti Zakaria Makada - Ask Imaam10 Apr 2013
Are We Allowed To Rent Our Property To A Bank That Intends To Only Install ATM Machines?
Are we allowed to rent our property to a bank that intends to only install ATM machines?
Mufti Hussein Issa - Mufti Online10 Apr 2013Roman Urdu
Fixed deposit ka interest income ke liye rakh sakte hai kya?
Bank me paise fixed deposit me rakh kar us ka interest income ke liye rakh sakte hai kya suna hai gair musalman desh ki bank ka interest use kar…
Mufti Zakaria Makada - Ask Imaam9 Apr 2013
Can I Ask My Father To Sell His Land To Repay An Interest Bearing Loan My Husband Took On His Behalf?
My husband knows very well that ribaa based loan in unislamic...But he took a loan claiming everbody does that. My father asked him to take a loan…
Saeed Ahmed Golaub - Mufti Online27 Mar 2013Roman Urdu
Bank ka interest ka paisa
Bank ka interest ka paisa muslim nahi use kar sakte par kya koi gareeb musalmaan ki bimaari ya shaadi me de sakte hai ya sirf gair muslim ko de…
Mufti Zakaria Makada - Mufti Online24 Mar 2013
Car financing through an Islamic bank
There is a car finance scheme which is advertised as being Islamic. Among the conditions of the finance is that the client will have to insure the…
Mufti Zakaria Makada - Mufti Online23 Mar 2013
Keeping money in banks
I would like to know whether we can do savings of money to buy a house or keeping extra money in bank is not good and one will be accountable for it…
Mufti Zakaria Makada - Mufti Online21 Mar 2013
How do you live in the UK without participating in interest?
My question pertains to interest which I know is forbidden in Islam and is seen as a great sin. But in the UK, through mortgages, insurances, etc.,…
Mufti Ebrahim Salejee - Mufti Online17 Mar 2013
Takaful
Please could you inform me what is the ruling on vehicle and property insurance with takaful? I am aware that conventional insurance is not allowed,…
Mufti Zakaria Makada - Mufti Online17 Mar 2013
Using Credit Cards
Is it permissible to use a credit card if one ensures that the balance is always positive and never goes into credit? Also, interest is paid to the…
Mufti Zakaria Makada - Mufti Online6 Mar 2013
Home, Car, Education loan, etc.
If we keep our money in savings account or fixed deposit account in a general bank then is it lawful to use the interest money the bank is giving on…
Mufti Zakaria Makada - Mufti Online26 Feb 2013
Signing conditions to approve the loan
A certain person owns a business and is the landlord at the same time. He decides to sell the business and lease out the property to the person who…
Mufti Zakaria Makada - Ask Imaam21 Feb 2013
Is it permissible to work in the banking department of an IT firm?
Assalamu alaikum. I completed my studies six months before and recruited by india's largest IT firm. I finnish my three months training now. Our…
Ismail Desai - Mufti Online18 Feb 2013
Car financing, house mortgage & interest from a non Muslim bank
Car financing or house morgage is halal? Getting interest from a non Muslim bank is halal for a Muslim?
Mufti Zakaria Makada - Mufti Online18 Feb 2013
A permissible medical aid model
If a medical aid model is proposed where one deals directly with the hospital and there is no middle man in between e.g. one pays a monthly fee and…
Mufti Zakaria Makada - Ask Imaam14 Feb 2013
Islamic Solution to Riba
Asalaamulaikum I have fallen deep in the trap of Riba. I have bought 5 properties including the property i live in on an interest home loan…
Ismail Desai - Mufti Online9 Feb 2013
Shares, Medical Aid and Islamic Banking
With regards to shares which ones are halaal suitable? Roshgold? Amanat? And how do they work? With regards to medical aid is it ok or not? With…
Mufti Zakaria Makada - Mufti Online30 Jan 2013
Credit Cards
I want to make current account in kabul bank kabul and also want to use ATM cards and master card. So is it permissible in Islam to use such cards?
Mufti Zakaria Makada - Mufti Online29 Jan 2013
Developing software for banks
I work for a software company where we create call centre software (IVR) related products. Not all of our clients are banks, but right now, we have…
Mufti Zakaria Makada - Mufti Online29 Jan 2013
3% cash back on all purchases using a credit card
I have a credit card which gives upto 3% cash back on all purchases. Is it permissible to use the credit card and benefit from the cash back?
Mufti Zakaria Makada - Ask Imaam19 Jan 2013
Can I use interest money to pay municipality bills?
The municipality bill is in the name of the landlord and the landlord must pay the bill. The tenant fails to pay his rental to the landlord for an…
Ismail Desai - Ask Imaam15 Dec 2012
Is it permissible to use the point system given by the banks?
Assalam o alekum, I know that banking business and credit cards are haram due to involvement of RIBA, interest, is it permissable to have credit…
Hussein Issa - Mufti Online11 Dec 2012
Medical Aid and Hospital plan
What is the Shar'ee ruling regarding Medical Aid and Hospital plan in Islam?
Mufti Zakaria Makada - Mufti Online2 Dec 2012
Riba transactions in non-Muslim countries
I have come come across a kitaab translated by Moulana Yunus Osman of Hazrat Shah Anwar Kashmiri, giving his viewpoint of permissibility of riba…
Mufti Ebrahim Salejee - Mufti Online2 Dec 2012
Processing budget transactions on credit card speed points
At tills there are speed points. It takes debit & credit cards. Will we get sin if the customer uses his credit card & says he wants to put it on…
Mufti Ebrahim Salejee - Mufti Online2 Dec 2012
Using interest to pay tax
Can interest be used to pay tax?And what limits can interest be used for in similar instants?
Mufti Ebrahim Salejee - Mufti Online2 Dec 2012
Opening a bank account
What is the rule regarding opening a bank account?
Mufti Ebrahim Salejee - Mufti Online25 Nov 2012
Giving a Discount to one's creditor for something he wishes to purchase
My mother knew I was owing someone money so when the person came to buy from the place she works, she gave a discount which I paid. I only knew of…
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.