Interest

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Is it permissible to give interest money to the poor?

Shaykh Ebrahim DesaiRead

I took a loan of 200000, i pay 32000 every year(including interest). my annual saving is 50000.then what will be the Zakaat.

Shaykh Ebrahim DesaiRead

1) Can I ask a Bank for my Interest without having the Nya of spending it for myself but for giving it as a Charity?

Shaykh Ebrahim DesaiRead

Now a days with new rules and regulations he is unable to do so. Now he cannot do business with his cash funds without involvement of bank. In this situation is it permissible involve bank?

Shaykh Muhammad KadwaRead

I have a tamil neighbour who buys fruit/sweets for our children. She assures us that she buys only halaal. She also has an interest acc at ABSA. Can my children consume her food?

Shaykh Ebrahim DesaiRead

My father owns land and he has not yet distributed among his children. He told us to pay zakat for our share of the land. There is no income from this land should i have to pay zakat on such land

Shaykh Ebrahim DesaiRead

Working at Insurance company as IT person – his job is not directly involves with the haram activities.

Shaykh Ebrahim DesaiRead

Is it permissible for a muslim to work as a loan officer in a bank which is owned by non-muslims,the bank give loans which is payed back with certain interest.

Shaykh Muhammad KadwaRead

Are Muslims allowed to operate and own businesses, if interest is needed to get them up and running (and almost all businesses need interest to start off unless the business is paid for in cash).

Shaykh Ebrahim DesaiRead

I’m starting a Finance Company. The funder is lending money interest free. What do i need to follow in obtaining money? he wants to charge a fee for use of the money provided

Shaykh Ebrahim DesaiRead

Is it permissible for me to get married with an interest based loan to stop commiting fornication ?

Shaykh Ebrahim Desai, Shaykh Muhammad KadwaRead

I like to know is zakat wajib on the interest which is Ribha. Like 401K in USA or any money that is Ribha?

Shaykh Ebrahim DesaiRead

Is this interest? Whenever I re-fuel my car, I pay through credit card, but they charge me 2.5% more.

Shaykh Ebrahim DesaiRead

Is repaying a loan at rate of inflation (i.e. index linked) halal or is that same as paying interest (riba)

Shaykh Ebrahim DesaiRead

Is it allowed to take loan from the bank with interest?

Shaykh Ebrahim DesaiRead

Is it permissible for the architect to set up a business which would buy the product and resell it to the client at a profit?

Shaykh Ebrahim DesaiRead

Taking interest bearing loan.

Shaykh Ebrahim DesaiRead

I am trying to save some money so that I can buy a house. Until I have enough money to buy a house, should I keep this money in a interest-free bank account or interest-bearing bank account?

Shaykh Ebrahim DesaiRead

What does Islam say regarding medical aid voluntary and compulsary especially in the South African context?

Shaykh Ebrahim DesaiRead

Is it allowed to go to a house warming party?

Shaykh Ebrahim DesaiRead