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Answers with Tag: Interest

Is taking out life insurance permissable in islam?

I am married for a couple of years. Its been a while that I have started to notice my husband lack of interest in me and kids. I had couple of questions in mind what s bothering him, why is he least interested in anything with me, get s upset at me without any reason, if I talk he complains you talk too much etc.

Should Muslims buy these products from me and will Muslims buy these halal / sharia compliant products even though I am not a Muslim?

Am I able to use interest monies to pay for my childrens’ education?

It is allowed to work as appraiser.?

I have conventional offset mortgage on my property in which I live …

Is the commission that one earns from selling life insurance policies, retirement annuities, etc. considered haraam?

I would like to know that if i have bought something on credit card and i pay monthly instalments on it on which the bank charges intrest on it..

I would like to know if working for a short term insurance company haraam.I dont sell insurance but work on existing policies dealing with cars and homes?

My dad use to earn for our family before,he used to take interest on part of his money…Now iam the sole earner..what about the clothes andbelongings i bought with the money that my father used to take interest.

I have a policy for the duration of 10 years, a montly debit order is put into this policy…my question is concerning zakaat on this amount, will i have to pay yearly on what ever that amount is at the time when zakaat is due or can i pay after the 10 years are up?

Is it permissible to work in this environment? Please keep in mind that both funds (Shares Capital Profit) are being used to disburse the construction cost employees related expenses…

I live in New Zealand.The Tax rate is high and the retirement income is very low.So citizens ensure their future by buying houses.And of course they get laons from the bank. But us Muslims we are not allowed the REBA….

Many of my friends advice me to insure my car. here in my city the traffic is quite mismanaged and the traffic rules are easily broken. Considering this situation can I insurance of my car?

I am working in central bank in Finance Department. Is the salary halaal?