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Answers with Tag: Bank

I am maintaining an account with Meezan Bank in Pakistan. Meezan Bank claims to be the first non-ribaa bank in Pakistan…But, sometime ago I was told by a Mufti saheb that it is not a riba-free as claimed and I should not utilise the profit which is added to my account at the month ends.

Is it permissible to let ones house for rent to a riba based bank

I sometimes use my credit card and pay off the amount before any interest is charged on it…..Also If a woman approaches a Islamic Court with an appeal that her husband has raped her.

I had taken a loan amount of Rs. 350,000/- from an individual for construction of our home. My home value in local market is about Rs. 800,000/-

My question is related to Zaakat

What is the ruling for Accountants for such Job ? Should I leave the job ? What should I do ?

I had hoped to obtain a loan from a prominent

The bank gives me a VISA debit card. I go online and purchase something for (lets say) 100 dollars inclusive of shipping charges from a buyer in some other country. Since the purchased item is in dollars, the money deducted from my account uses a currency exchange rate. Please tell me if such a transaction is permissible.

Iam a MCA GRADUATE,my question is whether i can applay for the bank job,becuase the jobs in the bank surrounded by itrests.yhat is why iam asking ,or can i applay for the IT officer instead the clerk post?

Is it allowed to buy National premium Bond. If awarded an prize, will it be haram. You can buy any amounts of Bonds that you wish, Instead of giving out ‘interest’ you are entered in prize draw every month.

I got an investment with standard bank and now I want to Sell, Its a unit trusts. My contributon is R10000-00 and the total that I will receive in excess is R30 000-00. Which means that the R20000-00 is interst and must be distributed to charity?Am I correct in saying the above?

We will have to give a place for bank in our office to provide loans because customer will be interested to buy flats only if they get loans .

Is purchasing a vehicle through the bank haraam because of the interest or because of the insurance?

We are not allowed as a muslim to deposit money in the bank my question to you is where should a person then deposit his money…

Is The money which she gave to my brother is Halal or Haram.