1

loan

This answer was collected from TheMufti.com, which is a fatwa portal managed by Mufti Ismaeel Bassa from South Africa.

Charging a profit on a loan

Answered by TheMufti.com

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 »

Working as an estate agent

Answered by TheMufti.com

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 »

Sidebar