Bank

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I want to know about bank savings/investment, whether this profit is HALAL as Meezan bank claim.links are

Shaykh Ebrahim DesaiRead

My friend has had some money in his possession for quite along time and I think Zakat was due from him. Now he has realised what a great mistake and sin he has committed. So he wants to give the compensation for it. He used to receive a yearly bank statement (from september to august) each year.

Shaykh Ebrahim DesaiRead

Iam an indian and staying in Jeddah for job purpose.I want to perform Hajj in coming year.however i had taken some laons from bank and stil repaying the laons. so at this situation is it permisible to perform Hajj

Shaykh Ebrahim DesaiRead

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Shaykh Ebrahim DesaiRead

Kindly let me know whether i can continue this job as i am managing/supports projects of Rabobank ( The Netherlands). This bank is a consortium, co-operative banks majorly to take care of agriculture of The netherlands. Is it permissible for me to work?

Shaykh Ebrahim DesaiRead

A person took out a loan from a bank to buy a car. The payment on the loan involves interest. After a couple of months the person wants to change his/her life and wants to stop all the evil he is involved in, like interest. The person still has 2years to pay the car off. Is there any advice for this person after he has engaged in touba?

Askimam.orgRead

Mahomed wanted to open a business. He approached his friend Zaid for help. at partnership(50/50). Mahomed invested R60000.00 and Zaid invested R60000.00 plus the equipment..How do Zaid and Mahomed dissolve this partnership?

Shaykh Ebrahim DesaiRead

I read a fatwa passed by Mufti Zuber Bhayat shaheb that it is permissible to invest with al baraka bank provided the paper work is checked by a reputable Aalim,i need to know if i can invest with al baraka?

Shaykh Ebrahim DesaiRead

I am currently employed at a motor dealership, our business is done in a way where we arrange finance from the various local banks which include interest.

Shaykh Ebrahim DesaiRead

A few years back ( – 4 years) I had an opportunity to purchase a piece of land from the Bank…..

Shaykh Ebrahim DesaiRead

Is it permitted to hoondi business? Exactly like what western union, money gram companies are doing ?

Shaykh Ebrahim DesaiRead

My question is about how to calculate the zakat for earning and savings in the bank?how much money should i have had received before i am entitled to pay zakat for both

Shaykh Ebrahim DesaiRead

I know that receiving interest is not pemissible, however I need to know if one can offset interest received against interest paid on credit cards and bonds.

Shaykh Ebrahim DesaiRead

I would like to know if the halal finances provided by banks such as HSBC Amanah scheme here in the uk are permisable

Shaykh Ebrahim DesaiRead

The questions are of personal nature.. please email alinaam@alinaam.org.za

Shaykh Ebrahim DesaiRead

I wanted to know that does a halal mortage exist. because i think that if u get a motrgage halal or not you still have to pay suud(intrest) so what makes the halal mortgage halal.

Shaykh Ebrahim DesaiRead

I made one big blunder 2 years back. my brother had taken a car on loan, knowing fully well that the amount which he has to pay back to bank will also include the interest.

Shaykh Ebrahim DesaiRead

What is the procedure of home finance according to Shariah. What are the general errors in implementation of the home finance by Islamic Banks.

Shaykh Ebrahim Desai, Shaykh Ismail MoosaRead

Our business is Civil Construction (Contracting business). I request the Ulema to help me on the following matters: Letters of Credit, Bonds/Guarantee, Security against advance received…

Shaykh Ebrahim DesaiRead

I wanted to ask that we have had a car financed from an islamic bank here in Sharjah, UAE. its been two years. According to the bank, it’s interest free….

Shaykh Ebrahim Desai, Shaykh Ismail MoosaRead