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    Answers with Tag: Interest

    What is the ruling on Premium Bonds according to Hanafi Fiqh?

    Hanafi Fiqh | | Daruliftaa.com

    Interest (riba) in Company Shares

    Hanafi Fiqh | | Daruliftaa.com

    Performing Hajj with Unlawful Wealth

    Hanafi Fiqh | | Daruliftaa.com

    Working for a Company that Sells Products to Banks and Casinos

    Hanafi Fiqh | | Daruliftaa.com

    Hidden Interest and Confusion

    Hanafi Fiqh | | Daruliftaa.com

    Microfinance: Is it Islamically Permitted for a Financier to Demand a Fixed Return from the Borrower?

    Hanafi Fiqh | | Daruliftaa.com

    I work for a life assurance company dealing with bonds, pensions and life assurance. I work as an administrator taking quote details and answering phone calls but do not directly sell to people. What is the position with my income? Do I have to leave this Job?

    Hanafi Fiqh | | Daruliftaa.com

    Endowment Policies

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    Question on the Fiqh of Financing

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    Is my Job Permissible?

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    Giving Zakat in the form of Salary

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    Car Membership and Insurance

    Hanafi Fiqh | | Daruliftaa.com

    I want to ask about this justification which I use based on understanding of some Ulema and majorly my own understanding, which I think could be wrong too, but if Ulema of Sunni Path concur then Insha ALLAH I will stick to it firmly, its about Riba and I want it to be clarified because Insha ALLAH I would be getting into Business field very soon. If a Bank gives you Service and takes a certain amount of money from you then would it be considered as Riba? Like for instance I am a Bank who says to Person X that I will secure your money of Rs 10,000 for the time period of 1 year and in return I take a calculated and fixed amount of money say for example Rs 1000, would this be considered as Riba? My Second Question is regarding Loan, for instance I take loan of Rs 10,000 from a Bank and the Bank says it will charge me Only Rs 1000 at the end of tenor and I will have to return the money in any case even if my business goes in loss would that be considered as Riba?, because usually what happens in Pakistan is that you have to payback the loan with interest so kindly distinguish between these 2 kind of situations.

    Hanafi Fiqh | | Daruliftaa.com

    Selling Cigarettes in one’s Newsagents Shop

    Hanafi Fiqh | | Daruliftaa.com

    Islamic Althernatives for Mortgage

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