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Answers with Tag: Bank

I intend to commence employment as a solicitor (practising lawyer), Insha’Allah in July 2008. During my professional training I have tried to get involved and indeed have trained so that I can specialise in Islamic finance transactions.

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

Assalamou-alaikum mufti saheb. Please comment on the following email in circulation.

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

My brother works for a bank. Occasionally, we lend and borrow money from each other and later on give it back. I wanted to know, it is permissible for me to borrow or lend money to my brother?

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

I gave 60,000 rupeese to my father in law as debt so he can get rid of bank loan. now i know that he is unable to pay back my money.

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

How much Zakaat is Fardh on me? I have never paid Zakaat myself so I don’t know.

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

If a vehicle is sold to you at the market price which is also obviously the market value of the vehicle, you finance the item through an Islamic Bank who technically purchase the vehicle from the dealer and sell it to you at a profit.

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

I am working as a Project Manager in an Islamic Bank in Dubai and going through some unavoidable situation since I have been given different responsibility which is not as per my original conversation with my management and also not my core competencies…

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

Marriage to a girl whose father is a banker

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

My question is regarding the Canadian Registered Retirement Savings Plan (RRSP). When a person places money into the plan, it acts as a tax shelter (i.e. pre-tax income goes into the plan). When a person (presumably when they’ve retired) takes money out of the plan they are taxed on it. ….

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

I am a software Professional. I work for building TOOLS for other software professionals who work in Banks. Ultimately the Project is from a Bank and i dont know whether it is correct to work. I am worried as whether my source of Income is Haram.

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

I am a Software Engineer,I do Software testing for applications. I work for a reputed Indian Software Company, they work for a Client called ‘Charles Schwab’ …

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

I want to get a car from bank. As you know I have to pay interest on it. Pls. tell me if it will halal or haram.

Hanafi Fiqh | Shaykh Ebrahim Desai, Shaykh Ismail Moosa | Askimam.org

I purchased a vehicle on a residual or lease option. I will return the car at the end of the lease term (4 more years). My current lease

Hanafi Fiqh | Askimam.org

What is the islamic view on working for an investment bank or other financial institutions? is it haraam? are there any acceptabe roles in finance such as accounting? which i think does not involve interest. but i am not too sure.

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

Is it permitted in islam to lend money to non-muslims who are in need of money? ..how taking a loan from an islamic bank works…..

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

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