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View By Subject 91 fatwas
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Purchasing a flat for family use through a bank
I want to buy a flat for family use, not for commercial purposes, and need to go through bank. Some Muftis may say this purchase is out of necessity, while other would say the transaction is pure Riba. Would you please clarify this subject? .. More
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Dealing with Prime Bank
Is it ok to participate in what is called Prime Bank (www.primebankltd.com)? .. More
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Taking a loan from a usurious bank
Is it ok to get a loan from a bank or a credit card and pay them only the exact amount monthly without paying any interest - (even if they ask me I just want to pay the amount that I have taken)?.. More
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Purchased a Car through Partially Interest-Based Financing
I am a Muslim, living in the UK, with a wife and a baby. I need a car. My car started to give me trouble, I traded it in and the difference in price is to be paid through finance (interest). Is this Halal as this was the only way I had?
.. More
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Interest Payments as Compensation for Taxes in USA
I want to know if it is Halal to open a saving account with interest if I am living in a non-Muslim country as USA because they are taking a lot of taxes from me and can this be considered as a compensation because this money is going to a non-Muslim government which uses the tax money to give military help to Israel? I would rather get my tax money.. More
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Investment bonds
Is the interest from bonds considered Halal or Haram?.. More
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Bank prizes
Mashreq bank (www.mashreqbank.com) has a interest free saving scheme called Mashreq Millionaire. Under this scheme one does not get interest but is eligible for a prize. You can get details from their web site. Should one hold these certificates and if yes are any winnings from this Halal?.. More
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Buying Houses in UK with Mortgage
A lot of my friends bought houses with mortgage in UK, and they said it is Halal. Is that correct?
.. More
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Bank accounts with interest
What is the Shari'a rule about using bank accounts with interest for a Muslim living in the West? Can I take the interest and give it to Islamic causes or should I leave it in the bank?.. More
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Purchased house on Riba
I have a specific question regarding bank loans. I have looked through all the questions and answers on your site regarding this issue. My parents took a bank loan 21 years ago to buy a house. We live in Europe. However, 21 years later they are still paying since they pay the interest. Practically they have already paid the value of house. It never.. More
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Renting a Building to a Riba Bank
Is it allowed to rent out a building to a non-Islamic bank which collects interest?
.. More
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Dealing with Banks
1) Is medical insurance Haram or Halal?
2) Is the transaction with banks Haram or Halal? How can we solve this issue as life is changing, and without banks that are free from of interest, business is very hard and Islamic banks are not everywhere? On the other hand, sometimes you might pay fees to banks for many transactions. So what is the ruling.. More
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Getting Money from Bank to Buy House
Getting money from Italian banks to buy a house.
.. More
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Buying house on mortgage
I live in Ireland and I would like to by a house though a bank mortgage, I would like to know the conditions that have been released by the European Islamic committee which I believe has a good knowledge about the difficulties in living in European countries... More
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Wanting to buy house with interest
I have a question about buying a house. Situation:
I live in Holland, two of my daughters study dental medicine in a city two hours away from our house. They spend daily four hours traveling. It's very difficult to find a rent house and to pay it. The girls refused to borrow money from the university, because of interest, following your Fatwa before.
I.. More
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