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Answers with Tag: loan

If interest and insurance is haraam,then how can one buy a house without paying interest on the bond or paying insurance for it?

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

Is it permitted in islam to lend money to non-muslims who are in need of money? ..how taking a loan from an islamic bank works…..

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

Person A lends some money to Person B, say $500. At the time of lending, $500 will buy you 1 ounce of gold….

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

I am working in saudi arabia, i had borrowed amount by interest and also my father had borrowed amount from others and i am repaying that slowly . Can i perform hajj…

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

If somebody lends a large amount of money to someone how can the lender benefit from this?

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

Is taking out life insurance permissable in islam?

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

I borrowed R20 000 from my sister to help somebody. The person was in a financial situation and as a result could not make timeous payments …

Hanafi Fiqh | Shaykh Muhammad Kadwa | Askimam.org

I have student loans of $9,000, I also own 40 tolas of gold. I am I eligible to pay Zakat?..Qurbani?

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

It is allowed to work as appraiser.?

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

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

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

I have purchased a flat for R400 000 – I have thus far only paid R20 000. I have in my possession R150 000 ..What do I pay my Zakat on?

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

I have to pay a bank loan of Rs. 1.700 million for which I have mortgaged my house…Now I have no other way to get rid of this loan until unless I get the mortaged amount from any Halal source or pay installments every month. Please guide that should I mortgage my…

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

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….

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

I had taken a loan amount of Rs. 350,000/- from an individual for construction of our home. My home value in local market is about Rs. 800,000/-

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

I had hoped to obtain a loan from a prominent

Hanafi Fiqh | Shaykh Ebrahim Desai | Askimam.org

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