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Bank

This answer was collected from TheMufti.com, which is a fatwa portal managed by Mufti Ismaeel Bassa from South Africa.

Can an accountant apply for bank loans on behalf of his client?

Answered by TheMufti.com

Q. Can accountants apply for bank loans (interest chargeable) on behalf of clients? Can Accountants record bank loans and interest transactions in financial statements? A. In principle, active and direct participation in any unlawful venture is impermissible. Allah Ta’ala says, و لا تعاونوا على الإثم و العدوان(النساء:٢) Do not assist one another in sin and… read more »

As salamo alaikum.I have a cyber cafe.Some banks are providing me CSP (customer service point).CSP … take this service and open a CSP. Please help.

Answered by Darulifta Deoband Waqf

As salamo alaikum.I have a cyber cafe.Some banks are providing me CSP (customer service point).CSP means a mini branch of a bank where bank accounts can be opened, cash can be withdrawn/deposited.Can I take this service and open a CSP. Please help. Answer: Ref. No. 40/1161 In the name of Allah the most Gracious the… read more »

Asalamualykum,My name is Aadil I’m currently working in a bank. I’m also a believer of … initiative or atleast fight for right to islamic banking.

Answered by Darulifta Deoband Waqf

Asalamualykum,My name is Aadil I’m currently working in a bank. I’m also a believer of sharia and i know the current system of banking in place in India is haram and is prohibited as per islamic law. But  just giving futwas is not going to put any hammer on the head. My first question to… read more »

Is Bitcoin Halal or Haram, as it is completely computerized money. It has no physical existence … issued or controlled by any bank or government.

Answered by Darulifta Deoband Waqf

Is Bitcoin Halal or Haram, as it is completely computerized money. It has no physical existence and is not issued or controlled by any bank or government. Answer: Ref. No. 40/1177 In the name of Allah the most Gracious the most Merciful The answer to your question is as follows: When the bitcoin is not… read more »

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