Bank

Browse 2750 answers in this category

You are on page 118

Please advise if it is acceptable to approach a conventional bank to effect an asset based transaction where the interest rate and the period of re-payment is fixed?

Askimam.orgRead

In India money in the bank gains interest which is unavoidable. Can I give that interest money to Madarasa, poor people marriages, poor relatives,etc

Askimam.orgRead

Can a Muslim organisation collect interest money from Muslims to help renavating a department in a Goverment hospital which all kinds of Muslims use. They requested Muslims to assist them.

Shaykh Ebrahim DesaiRead

Buying a house if the price is 160k Cash the owner gives you for 180k and divides the instalment over 1 yr is this ok .

Askimam.orgRead

If I pay interest for the house but it comes out of my taxes, is it ok? (if I pay interest, I dont pay taxes, vice versa)

Shaykh Ebrahim DesaiRead

As-SalaamuAlaikum Is it allowed to use interest money on the Masijd property or to pave the car park around the Masjid

Askimam.orgRead

Selling property with fake ‘interest’ to gain tax relief.

Askimam.orgRead

I would like a comprehensive answer in regards to loans which incorporate Interest. I ask you to consider a fatwa given by the scholar Yusuf Al-Qaradawi.

Askimam.orgRead

A Muslim organisation used interest money in building of a pathway to the Masjid. This was done unintentionally due to not checking their bank statement. How can this be rectified?

Shaykh Ebrahim DesaiRead

I intend buying a house through Albarakah bank. Is their form of finance in accordance with Shariat ?

Shaykh Ebrahim DesaiRead

In a sale transaction, does there have to be a representative present at the time of the transaction for every party involved in the transaction?

Shaykh Ebrahim DesaiRead

How to deal with Interest received in the Saving Bank Account?

Shaykh Ebrahim DesaiRead

Which one of Lotto machine, credit card and bank loan is worse in Islam?

Shaykh Ebrahim DesaiRead

1)In a case where the husband owes money to the wife,does the wife have to pay zakaat on the money owed annually or is the zakaat paid when she actually recieves the money?

Shaykh Ebrahim DesaiRead

What is defrence between house rent and bank inturest for ex. if we have house about 500000 and got rent about 2500 and in bank also have 500000 and got 2500 which is hram and why asad

Shaykh Ebrahim DesaiRead

Are we suppose distribute everything OR distribute all other money except the house since our father gave us during his life law of inheritance does not apply to the transaction during the life.

Shaykh Ebrahim DesaiRead

I was unaware that zakat has become wajib on me and secondly i am not sure of the date i crossed the nisaab amount?

Shaykh Ebrahim Desai, Shaykh Muhammad KadwaRead

I work in the IT Department of an MNC Bank in Singapore. Can I work in the IT dept. Let me know please.

Shaykh Ebrahim DesaiRead

I would like to know whether I can invest an amount of my money in a tax saving scheme with the intention of not accepting the interest out of that.

Shaykh Ebrahim DesaiRead

I will pay the bill with my money for $100.00 and collect my fee for writing the check, mailing out the payment and be responsible if my check is not cleared by the bank.

Shaykh Ebrahim DesaiRead