This answer was collected from TheMufti.com, which is a fatwa portal managed by Mufti Ismaeel Bassa from South Africa.
Q. Mufti Saheb, I took a loan from someone a few years ago. Unfortunately, I cannot locate him now to pay him back the loan. What do I do? Please advise? A. As a debtor, you should exercise all possible avenues in getting in touch with your creditor. However, if it is not possible for… read more »
Q. Can you charge a profit on a loan? A. In Shariah, if a debtor takes a loan from a creditor whereby it is agreed that the debtor will pay back the creditor at a later date with an additional amount or rate, it will be tantamount to interest. Therefore, it is impermissible and Haraam to… read more »
Q. Can I make an intention of Zakaat for a loan that I had given to a poor person five years ago? A. For a person’s Zakaat to be discharged, it is necessary for a person to make an intention of Zakaat at the time of discharging it and not afterwards. (Fathul Qadeer 2/170) Hence,… read more »
Q. Is it haram to be a real estate agent and/or to work in that industry? A. A real estate broker or real estate agent is a person who acts as an intermediary between sellers and buyers of real estate/real property and attempts to find sellers who wish to sell and buyers who wish to… read more »