Interest

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I recently received my provident fund after 2 years of service to a company. …am i allowed to take out mine and the company’s contribution and utilise for my use ?

Shaykh Ebrahim DesaiRead

A relative in my family has died and in her will she has left me some money. The money has been in a term deposit interest earning account whilst she was alive

Shaykh Ebrahim DesaiRead

One of my friends came across a salafi (probably) and that guy told him that voting is shirk as the one who is going to be the government is not going to rule with the orders of ALLAH Ta’ala.

Shaykh Ebrahim DesaiRead

I have invested in Life Insurance Policy for the purpose of saving Taxes. My intention is that I will retain the original amount invested by me and will donate the interest from this Policy. In this situation, is it permissible for me to invest in Life Insurance Policy?

Shaykh Ebrahim DesaiRead

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?

Shaykh Ebrahim DesaiRead

Can fines be paid wih intersest money

Shaykh Ebrahim DesaiRead

A friend of the family purchased a lotto ticket and put my mums details in it while they were on holiday now 2 months later we have received a letter saying that my mum has won some money now…

Shaykh Ebrahim DesaiRead

I have a question with regard to the Fatwa # 16154 from India .I am very confused about insurance matters specially health insurance. I live in America . My husband works for a company that provide us health benefit. Both company and my husband pay monthly to the health insurance company(Cigna).

Shaykh Ebrahim DesaiRead

With regards to fatwa number 16312: Is it still ok to have both manicure/pedicure (as per your defiinition) and make-up, even if non-muslim women come to get make-up done? What if they go to clubs? or some other parties?….Is it allowed to work for a company who are RESP (Registered Education Savings Plan) providers?

Shaykh Ebrahim Desai, Shaykh Ismail MoosaRead

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.

Shaykh Ebrahim DesaiRead

I am a resident of bangalore,India. I want to take up the residence on rent.here it is customery to give around 10 months of rent or 1 lakh as a deposite and some market price amount as rent. for example case it is suppose 1 lakh deposit and 7000 rs rent. But i go and talk to some landloard talk about his  house on rent but he needs more money for business purpose so he says to me that he will give to person who will give him 4 lakh deposit and 500 rent as monthly for duaration of 2 years(or another configuration 3 lakh as deposit and 2000 as rent )(Because he says he can earn more money by more deposit then getting incresed rent). Is it permissable to take up this house on either of these  configuration ? i ask people some body says it is permissable and somebody strictly prohibit and says it is trickey and form of interest(riba).i am confused pleae tell me in light of sunnah and quran ?  

Shaykh Ebrahim DesaiRead

I live in the uk. I used my indian credit card to buy car insurance in the UK for 68 pounds. The exchange rate at which the credit card company was Rs 79 for 1pound(which is Rs 5372). They charged me in indian rupees….

Shaykh Ebrahim DesaiRead

I am a student and have to pay my fees online quite a few times which requires me to have a credit card because the debit cards offered by the banks are not accepted.

Shaykh Ebrahim DesaiRead

I leant a £1000 to a friend of mine 10 years ago. At the time, he was supposed to pay me back the following month, but failed to do so.

Shaykh Ebrahim DesaiRead

What if someone is working for a stock exchange broker, securities company or holding company under similar conditions. Will it still be permissible?….I have a confusion regarding fatwa # 16250 that although one is not directly involved ….

Shaykh Ebrahim DesaiRead

I wanted to know if someone is taking a student loan (with interest on it) and there is some extra left, can he use that money to buy a grave for himself?

Shaykh Ebrahim DesaiRead

I currently work as a Software tester for a leading wall street foreign exchange trading firm.

Shaykh Ebrahim DesaiRead

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. ….

Shaykh Ebrahim DesaiRead

Can somebody perform umrah in ramadan or hajj if they have an ongoing loan to pay off in small amounts that will take them the next 15 months but they will have saved enough money on the side for their umrah/hajj?

Shaykh Ebrahim DesaiRead

I am an unmarried guy but want to marry a girl who had taken Khula around 5 years back and since she never met her husband. so, can i marry her?

Shaykh Ebrahim DesaiRead