loan

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I gave a loan of a large sum of money to my fiance before we beacme engaged. Personally I am not in a rush to ask for it back until I need it, however Islamically does the amount have to be paid back…

Shaykh Ebrahim DesaiRead

I leant a £1000 to a friend of mine 10 years ago. At the time, he was supposed to pay me back the following month, but failed to do so.

Shaykh Ebrahim DesaiRead

I wanted to know if someone is taking a student loan (with interest on it) and there is some extra left, can he use that money to buy a grave for himself?

Shaykh Ebrahim DesaiRead

Can somebody perform umrah in ramadan or hajj if they have an ongoing loan to pay off in small amounts that will take them the next 15 months but they will have saved enough money on the side for their umrah/hajj?

Shaykh Ebrahim DesaiRead

We live in Sydney, Australia, and my wife wants to pursue higher studies in Medicine, for which the government offers an interest-free loan, but with the condition that at the time of repayment any changes that may have occurred in the overall inflation rate will be calculated and added to the amount.

Shaykh Ebrahim DesaiRead

I am working with a company in Middle East which is under construction. Currently all the payments including our salaries are made through Banking loans (interest based).

Shaykh Ebrahim DesaiRead

I want to know about interest . I know interest is haram but if any one takes loan on interest and build a home

Shaykh Ebrahim DesaiRead

I am currently in the process of purchasing a property in the UK, the loan has been approved. …Secondly I have other savings in shares

Shaykh Ebrahim DesaiRead

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

Shaykh Ebrahim DesaiRead

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…..

Shaykh Ebrahim DesaiRead

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

Shaykh Ebrahim DesaiRead

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…

Shaykh Ebrahim DesaiRead

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

Shaykh Ebrahim DesaiRead

Is taking out life insurance permissable in islam?

Shaykh Ebrahim DesaiRead

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 …

Shaykh Muhammad KadwaRead

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

Shaykh Ebrahim DesaiRead

It is allowed to work as appraiser.?

Shaykh Ebrahim DesaiRead

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

Shaykh Ebrahim DesaiRead

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?

Shaykh Ebrahim DesaiRead

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…

Shaykh Ebrahim DesaiRead