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    Answers with Tag: loan

    Is it permissible for a person to borrow or take out a loan through a bank and use the money to go for Hajj or Umrah?

    My mother took a loan from me and now forgot about it,should i ask about my debt?

    What should I do with a flat which I bought with an interest-carrying home loan? Is it permissible to pay it off as quickly as possible or should I sell it immediately to rid myself of riba?

    Shariah based financing will soon start in our state. can we sign purchase agreement through a conventional bank using interest-based mortgage and later refinance with Shariah financing company

    A business account runs into overdraft,and interest is deducted from it.Sufficient funds then accumalate and interest is added to it.May the second sum of interest be used in lieu of the first?

    Am I entitled to take this money in lieu of the stamps?

    Paying back interest loan (2 questions)… please see details

    Leaving university without completing degree, and without paying the fees due to lack of funds. Qarz, Theft or what?

    Is a student with study loans with jewelry sitting idle obligated to pay Zakaat on this jewelry and how so?

    Please explain in detail the definition of Riba.

    Hajj on Borrowing money

    ASA Mufti sb,Some close relative have borrowed money from me, on promise that they will return it.But they are not doing so.What is the islamic way of collecting money from borrowers.

    As slamu Alykum, I need Islamic ruling and the way for repentance or etc. in the following case:

    1)My friend borrowed some money from me.While he returns,if he gives money earned by him in haram ways, Can i take that money? 2-Can female use toilet tissues instead of water after urination.

    Now a days with new rules and regulations he is unable to do so. Now he cannot do business with his cash funds without involvement of bank. In this situation is it permissible involve bank?