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439 fatwas

  • Interest free mortgages through an English bank

    I would like to buy a house and I've heard that there is English bank called HSBC that does interest free mortgages based on Sharee'ah principles. I would greatly appreciate if you could clarify this matter on whether it is Halaal or Haraam? .. More

    90517 14-9-2005

  • Any loan that produces profit is Ribaa

    I want to ask you about a very serious issue which has caused a lot of destruction in the past in my family between the two sisters. My khala's husband took 8 lakh from my father within different passage of time making 3 to 4 years. My mother is a kind hearted woman who told her husband that her sister is in need and she kept on giving money to.. More

    90508 13-9-2005

  • Islamic branches of usurious banks

    What is Islam's opinion about the Islamic branches of the commercial banks? As some commercial banks like Doha Bank, Commercial Bank and Qatar National Bank have opened some Islamic branches who deals with Sharee'ah rules. Please feedback me as soon as possible. .. More

    90500 12-9-2005

  • Buying a car through an Islamic bank

    Can you advice me about taking a car through Qatar international Islamic bank? I have an account with them and wish to take a used car. I was told that they are not taking any Ribaa... More

    90477 8-9-2005

  • Bought a car through a bank loan

    I am living in Norway, I have buy a car for taxi work. This car cost 491000 Norwegian Kroner. I have pay 190000 Kroner. The rest of the money I will pay in 5 years, every month. I didn't discuss with the bank how much I will pay every month they send me invoice. I have calculated the invoice for 5 years and I am paying 50000 Kroner and maybe.. More

    90453 5-9-2005

  • Non-Muslims opening accounts in Islamic banks

    Can a non-Muslim opens a bank account in an Islamic bank? .. More

    90434 31-8-2005

  • Working in a bank with an Islamic division

    I have recently completed my MBA and am applying for jobs. I have an offer from a local bank which also has an Islamic Division. Is it lawful to join a bank or any Islamic bank? I am confused and would appreciate an urgent reply, since I have to submit my Willingness/Unwillingness in few days time. .. More

    90363 11-8-2005

  • Needs to deal with international bank

    I am an employer in a Dubai based company. But I will have to work in an African country. I want to start an account in international bank which deals with interest. I do have an account in an Islamic Bank. But the service of this bank is not available internationally. If I draw money from another country, they charge considerable money. Is it.. More

    90362 11-8-2005

  • Defining usury

    I heard in a lecture a trustworthy Shaykh saying that any money received for nothing in return is usury (Ribaa). Is this true? If that is the case, what is the ruling of retirement and social security or what some companies give to their employees so they quit their jobs? .. More

    90254 30-6-2005

  • Permissibility of retirement funds

    My husband was working in a bank that allows (Ribaa), now he is unemployed, could you tell me if the money that he receives and spends from (Ribaa) as a retired person is Halaal? .. More

    90076 1-6-2005

  • Questionable bank account in Egypt

    I live in Britain and I have put my money in a bank in Egypt (National Bank of Egypt) because I am planning to live there soon. This bank gives me an increase of money depending on how much they make every year. They don't give me a solid percentage for e.g. this year I could get 10% and next year I could get 4% (this depends on how successful.. More

    90054 26-5-2005

  • Dealing with a non-Islamic bank

    I have one quick question, please enlighten me in the light of Quran and Hadeeth about it. I have a current account ina commercialbank. This back recently introduced a new scheme where in any account holder in the bank is eligible. And according to this policy or scheme, which is called the TAKAFUL Family Scheme wherein the account holder.. More

    89912 5-5-2005

  • Working in an un-Islamic bank as a way to open an Islamic bank

    I'm a student in University. I want to specialize in financial banking but unfortunately there is no Islamic bank in my country. I need to establish the Islaamic bank so to help my fellow Muslims. Is it permissible for to work in interest base bank if it is so in what way I can win my goal? .. More

    89765 14-4-2005

  • Borrowing and repaying debts

    I read from your site that all currency like dollar have the same Hukum to gold and silver, and I know that is not allowed to take a gold in order to give the same weight of the gold later on. My question is: Is it allowed to borrow 100 dollar or pound in order to give after one month the same price. .. More

    89749 14-4-2005

  • Father deeply in debt using credit cards to buy his mother a house

    My father borrowed money from various credit cards, because he had to purchase a house for his mother in Pakistan, since she is alone there with her disabled daughter. Now he has so much to pay back with the finance charges. My father asked a lot of his friends for some amount of money until he could pay the debt back, but every one refused. I.. More

    89733 13-4-2005

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