loan

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Is Islamic Banking a viable option for car financing, house financing, and taking loans?

Darulifta-Deoband.comRead

Are you eligible for Zakat and how much should you pay?

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Is it permissible to take an Islamic loan from Dubai for constructing a house in India?

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Is it permissible to buy on loan, invest in halal, save tax, have medical insurance, and maintain 1st party insurance?

Darulifta-Deoband.comRead

How should I calculate Zakat for my wife’s gold jewellery, house, and land?

Darulifta-Deoband.comRead

Is it allowed to take out a housing loan for purchasing a home with a salary of 25000 rupees while living in a rented home that costs 5000 rupees per month?

Darulifta-Deoband.comRead

Can I get an Islamic education loan for my MBA from US/Australia?

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Is it permissible to give zakah to a person who is in debt due to bank loan for house on interest?

Darulifta-Deoband.comRead

Riba in Dar-ul-Harb

Shaykh Taqi UsmaniRead

Performing Hajj and Umrah While Under Debt

Shaykh Ebrahim DesaiRead

Building Mosques and Musallah with Money Involving Interest (Riba)

Shaykh Ebrahim DesaiRead

Interest Bearing Education Loans

Shaykh Muhammad KadwaRead

Interest Dealings in Non-Muslim Lands

Shaykh Ebrahim DesaiRead

Interest Bearing Loan for House Purchase

Shaykh Ebrahim DesaiRead

Al-Manzil Financing for Masjid Building

Shaykh Taqi UsmaniRead

I am interested in the Forex SPOT trading business and would like to know if it is halal. The trading that I will be doing will be as follows: Let’s say, I invest $1,000, the broker invests or lends $99,000 and together we buy the currency like euro worth $100,000. The broker will not charge any interest on the money that he invested or lend, because it will be a Shariah compliant account. – If the rate of the euro goes up and I decide to sell the euro. The broker will take a small share of the profit and rest is given to me – If the rate of the euro goes down below a certain margin which is determined by the amount I invest, my broker will close the trade and take his money back and I will lose the money I invested. Also, another place were interest may be involved is when the buying and selling is not done on the same day, then a rollover occurs which mean that either we have to pay interest or give interest on the currency you have bought, but the brokers is offering a swap free or interest free accounts for Muslims only, in which, even if you do not close the trade on the same day, they will not debit or credit any interest. I am interested in Spot trading not Future trading. Please let me know if this type of trading is halal.

Shaykh Shafiq JakhuraRead

Where should I study the Islamic sciences? – Advices for all those wishing to study

Shaykh Faraz AdamRead

Will heirs inherit this house

Fatwa.org.auRead

Taking interest loan to buy house

Fatwa.org.auRead

House and car insurance

Fatwa.org.auRead

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