409 fatwas

  • Wants to Rent a House from His Father Who Purchased It with a Riba-based Loan Date: 13-5-2020

    My dad purchased a home on a riba based loan. Is it halal for me to rent it from him for a set price and pay him monthly for it? without interest? Since the house is technically still under the Riba loan and the money I am giving him for rent may be used to pay it off? .. More

  • No Place to Live and Is Obliged to Pay Riba If He Rents Date: 5-5-2020

    Selam aleikom I acumulated some debts during my time as student due to illness. This was 5 years ago. This debts are recorded in a national register and stay there for 20 years. Because of this Certificates of unpaid debts I can not find a rental property. There are two ways how I can pay this debts. 1. I open the case again and I can pay the debt.. More

  • Wants to Purchase a House with a Riba-based Loan Date: 22-4-2020

    I want to buy a house using home loan from State Bank of India. Currently I am paying more than 75000 INR as income tax yearly. Also I am living in a rented flat whose rent is 5000 per month. If I take home loan for 6 years, EMI will be around 35000 per month for 20 lakhs amount. I will be saving around 50000 per year from income tax and around 60000.. More

  • Working in A Usurious Bank Is Absolutely Prohibited Date: 24-3-2020

    How can it be that working in a non Islamic bank is prohibited even when one’s job is in no way at all whatsoever involved in riba or help in committing riba? Like giving or taking cash, currency exchange, etc. Only the loans and the interest gained on savings is haraam. .. More

  • Taking Personal Loan from Islamic Banks in Qatar Date: 15-3-2020

    Assalamualaikum warahmatullahi wabarakatuhu... Is it permissible to take a personal loan from Islamic banks like Qatar Islamic Bank. Are these banks fully compliant with Shariah? Can we rely on them for our financial needs? Thanks wa Jazakumullahu khaira .. More

  • 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