404 fatwas

  • In Need and Wants To Borrow from A Commercial Bank Date: 15-12-2019

    My family is in dire need of money to pay for schools and rent and essential things that dont involve food and clothing, i have tried to get a loan from islamic financing firms but had no luck at all. In the end my bank agreed to give me the loan i need to fulfill these pending issues, but one problem is that my bank is a commercial bank and not an.. More

  • Bank Sold His Debt Date: 18-11-2019

    Salamu alaykum He took a haram loan from the bank. The bank suggested he take income insurance to cover his loan if he lost his job. He paid for the insurance to cover it. He lost his job and couldn’t repay. But the bank didnt cover him via insurance as agreed. Many banks in his country were fined by the govt for this insurance matter because of.. More

  • The Spread of Riba Is a Sign of the Hour Date: 20-10-2019

    Assalam aalekum sheikh I see that many people buy house on loan and they ask others to do .sheikh it is sign of end times .they buy house on loan and feel that they have achieved very great thing.how to prevent our self with the love of this world and prevent our thing from such things .. More

  • Direly Needs to Borrow Money with Riba Date: 8-10-2019

    Can I get loan for a short period from Bank by giving interest as I am in urgent need of money? .. More

  • Inheriting a House Bought with Riba Date: 16-9-2019

    Salam aleikum wa rahmatu Llahi wa barakatu.If a relative buy a house with riba (bank loan), can He inherite his relative's house when he dies? .. More

  • He Borrowed Money with Riba to Study Date: 2-9-2019

    If a person studies at the university to become a teacher with studentloan which involves interest when paying it back, will the education and the jobb after the studies be haram forever? Will this person eat and earn haram because he/she finished university with haram money if he/she becomes a teacher? Note that this person found out about riba and.. More

  • Definition of Riba from Quran and Hadeeth Date: 28-8-2019

    Sir Assalamu Alaikum Please I need definition of interest/Riba/Usury with quotations from the sacred Quran and or from authentic Hadith. May almighty Allah bless you .. More

  • Father Who Died Took Loan With Riba and Now Relatives Refuse to Eat From Their Home Date: 27-8-2019

    Assalamualaikum wa rehmatullah, Long back we had business crisis and for that my father had taken bank loan and that bank charges some amount of interest. A said amount of money has to be paid to the bank monthly for 10 years with interest. A few years has passed already and due to the will of Allah my father died in a car accident, and now my brother.. More

  • Took Loan with High Interest When He Was Young Date: 30-4-2019

    Due to some financial difficulties at young age i had to take high mark up loan which i am paying and still some amount i have to pay further i thin k at current stage it seems to me the interest i am paying has eliminated barkat from my life however i am determined to pay this loan and get relief please tell me was it better decision to take loan with.. More

  • Student Loans by Government Conditioned on Riba Date: 30-4-2019

    salam alaykom ,I have a question regarding student loans in the country I live in.The government here loans money to students to pay for their study.Now the policy here is that these loans are indexed meaning because of inflation rates of the currency the loan may increase according to thsoe inlfation rates.The government says that they dont charge.. More

  • Giving Riba Interests to People Affected with Floods Date: 4-2-2019

    Asalamu AlykumI have savings account in the bank because no Islamic bank available in india. I have few interest money and i want to get rid if itCan i donate that money to flood hit areas like kerala. I am unable to find very needy person in my locality. JazakAllah khaiyran .. More

  • Profit From Business Established by a Riba-Based Loan Date: 29-1-2019

    Asalam alakumI live in non Islamic countryI have taken loan on interestI was having little knowledge that interest is Haram . Now finally I have decided to close that loan and in future I will not take any type of loan on interest. I have repented to Almighty Allah for my sins.Now my question is the loan which I take before 5years for business every.. More

  • Salary Deposited In An Account With Interest Date: 1-1-2019

    I work for a NGO and my basic salary is 7447 birr ( Ethiopian birr). 50% of that money is further deposited into an account on my behalf ( provident fund, as they call it) with a small but poisonous interest (35 birr for every 1000 birr). How should I deal with that kind of money? Thank you. .. More

  • Father Forced Him to Get a Riba-Based Loan Date: 31-12-2018

    Salaam aleikum. I'm a man in my 30s and when I was a teenager my father forced a student loan on me without my approval. He went to the office with me and forced me to take the loan and sign my name by intimidating and threatening me. It didn't matter how many times I said I didn't want to, he just didn't care.At that time I also didn't know that taking.. More

  • Designing AC Systems for Central Banks Date: 16-12-2018

    Alsalam alykomi am a mechanical engineer working as a designer of air conditioning systems for any type of building .My question is : is it haram to design the air conditioning system for a central bank? .. More