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Answers with Tag: Interest

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?

Hanafi Fiqh | , | Askimam.org

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.

Hanafi Fiqh | | Askimam.org

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 ?  

Hanafi Fiqh | | Askimam.org

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….

Hanafi Fiqh | | Askimam.org

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.

Hanafi Fiqh | | Askimam.org

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.

Hanafi Fiqh | | Askimam.org

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 ….

Hanafi Fiqh | | Askimam.org

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?

Hanafi Fiqh | | Askimam.org

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

Hanafi Fiqh | | Askimam.org

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. ….

Hanafi Fiqh | | Askimam.org

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?

Hanafi Fiqh | | Askimam.org

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?

Hanafi Fiqh | | Askimam.org

I am an employee in an organization, which also provides health insurance facility…Please let me know if above Insurance benefits provided by my organisation are Halal for my dependants & me?

Hanafi Fiqh | | Askimam.org

We live in Sydney, Australia, and my wife wants to pursue higher studies in Medicine, for which the government offers an interest-free loan, but with the condition that at the time of repayment any changes that may have occurred in the overall inflation rate will be calculated and added to the amount.

Hanafi Fiqh | | Askimam.org

My parents refuse to look for a husband for me. they are old and sick. they think it is too late, even though i am only in my middle 30’s. In my father’s culture, the parents have to wait for the boys parents to express interest. …

Hanafi Fiqh | | Askimam.org

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