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Interest

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Zaid is living in Albany. State of New York in U.S.A. He has taken a loan of 187,000 USD from Bank of America and taken a house on mortgage.

Shaykh Ebrahim DesaiRead

I have about $10,000 worth of net debt. Can my father give me some of his interest money.

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Is it permissible to take out home insurance for the building only? not the contents?insurance for the building against natural disasters such as earthquakes etc?

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Is it permissable to work for a financial organisation that deals with interest. Although i wouldn’t be dealing with it directly but my employer will be.

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I have morgage outstanding my inlaws want to go to haj they are aware of morgage but still want to go should they perform haj ?

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CORRESSPOND

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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

I am in India, I have a plot in city. I am planing to construct a building and rent out it offices becoz that particular land is exclucively suitable for offices. I got very good offers only from banking and insurance companies

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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.

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

Shaykh Ebrahim DesaiRead

Some one suggested me declare bankruptcy and it is legal in and do not borrow money or pay interest in future. And ask ALLAH to forgive you

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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.

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

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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.

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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

I purchase a thing in suppose in 20$ when go to sail it in 45$ suppose if the purchaser ask me in which price you purchase it then what itell to him ? please also tell me the other rules in this matter.

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My question is in regards to the money that should be used towards performing the Hajj. I am under the impression (please correct me if I am wrong) that Hajj should be made by money that one has earned,…

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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…

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My question is that some Muftis like Mufti Taqi Usmani has said that islamic Banking is JAIZ in islam . ..other Muftis like Mufti Zar Wali Khan said that it is not Jaiz in islam.

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What is the view of ulama regarding the comntroversial film Fitna by dutch filmmake Geert Wilders.Are we allowed to watch it to see what is actually happening?What should we do as a reaction against such debasing film which degrade Islam and its teachings?

Shaykh Ebrahim DesaiRead