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195 fatwas

  • Using bank interest for trade or emergencies Date: 25-10-2016

    Assalaamu alaykum wa rahmatullaah. I am a Muslim from India, and it is almost impossible to find an Islamic bank in our locality. Therefore, we are forced to keep our money for various reasons (e.g. online money transfer, ATM cards, but not obtaining interest) in non-Islamic banks, which involves dealing with interest. We get some interest on our money.. More

  • Taking mortgage to buy house Date: 22-10-2016

    I have been living in a non-Muslim country and have suffered a lot of abuse due to practicing my religion. My daughter wears the hijab and my wife wears the niqab, and we have been abused almost all the time for following Islam. I have personally been attacked by a group of racist men and was hospitalised for many days as a result. A Muslim should not.. More

  • Riba in Fundbox.com loans Date: 19-9-2016

    Assalaamu alaykom. I just wanted to follow up on question 2623704. FundBox.com basically provides the following service: If I am service provider and have outstanding invoices that I'm still waiting for my client to pay, FundBox can pay me the invoice value temporarily until I recover the due payment from my client. So suppose that my client "A" has.. More

  • Helping person settle interest-based loan Date: 3-9-2016

    Assalaamu alaykum. My wife's parents bought a house with an interest-based loan a few years ago, when they where not praciticing Muslims. They did not know it was haram back then. They became religious later and now want to finish paying for the house so that they can live rent free. The question is: Can I help them pay for the house so that they can.. More

  • Living in father's house bought with an interest-based loan Date: 9-7-2016

    Before asking my question, I just want to tell you that my family consists of five people. My father and mother (who obeys my father), my wife (who wishes to do what is right and, praise be to Allaah, has a higher level of faith), myself, and my son (who is 1.5 years old). We all live together in a rented house with all my earnings going to my father.. More

  • Paying mortgage from government welfare funds Date: 5-7-2016

    Assalaamu alaykum. First of all, may Allaah reward you for such a good website. My question is regarding paying interest (riba) based mortgages on funds received from governmental social assistance. I live in Canada and receive welfare assistance due to my disability. The assistance consists of two parts: food and shelter. The government allows the.. More

  • Gradual prohibition of riba (usury) in Madeenah Date: 21-4-2016

    When the verses forbidding interest were revealed, how did the Prophet, sallallaahu 'alayhi wa sallam,implement the order in the financial system of the State of Medina? What sources are available for reference in this important matter? .. More

  • Taking part in national savings schemes in return for tax rebate Date: 27-3-2016

    I am repeating the same question that I have asked before. You instructed me to refer to similar fatwas, but I did not get my answer in full by referring to the fatwas that you asked me to see. So please answer this question for me: In Bangladesh, if one invests money in a national savings scheme, they can enjoy an income tax rebate of 15,000 taka per.. More

  • Buying property through interest-based contract Date: 23-3-2016

    Assalaamu alaykum. Around six years ago, I and my sister invested our money by buying property through an interest-based mortgage in UK. Now, seeing the effects of indulging in interest, we have decided to repent and sell the property due to religious and personal reasons. The property was put for rent. The tenants used to pay us 1200 pounds, and we.. More

  • Dealing with interest with intention to repent later Date: 15-3-2016

    Assalaamu alaykum wa rahmatullaahi wa barakaatuhu. What is the case of someone who plans to deal with interest (this has not yet happened, but it has happened in the extended family multiple times) for the sake of going to university in the hope of graduating after four years and then consider to repent for having dealt with interest? When asked how.. More

  • Repayment of loan with smaller sum but with interest Date: 5-3-2016

    A few years ago, I took a loan that says that you do not have to pay anything back when your income stays under a certain amount. I knew that it could stay under that amount, so I took the loan. Now, many years later, I am considering working for a few years but with the only reason to give away all the money. Is this allowed or forbidden taking into.. More

  • Renting a house bought with a usurious loan Date: 17-1-2016

    Assalaamu alaykum. Me and my family live in a non-muslim country. I would like to ask a question about a situation regarding me and my husband. My husband’s mother is not a Muslim. After many years of telling her that buying a house with interest is haram and explaining her about the punishment for those who are taking use of interests – she does.. More

  • Agreeing to conditions on a government support application Date: 14-1-2016

    Assalaamu alaykum. 1. I live in Germany and want to enter university. The German state gives financial support every month if you need it and ask for it. In order to get that money, you have to fill out some papers so that they know how much money you can demand. At the end of the formula, it says, for example, “I am aware that wrong statements.. More

  • Architect not allowed to design houses bought by Riba Date: 3-9-2015

    As-salamu ‘alaykum What is the ruling on the architect who designs the plans of houses for people so that they could receive a Riba-based loan from the bank? .. More

  • Transaction closely similar to Riba Date: 3-9-2015

    I work in a company whose owner asked us to pay an amount of money to be saved for the employee along the year and the owner of the company will pay two-fold of the paid money. However, the employee does not have the right to withdraw his money except after a year. Is the extra money considered Riba (interest)? It should be known that he pays this extra.. More