Home » Posts tagged 'RIBA' (Page 49)

Answers with Tag: RIBA

Pay off Debts or Financially Help Parents in Need?

Hanafi Fiqh | Shaykh Muhammad ibn Adam | Daruliftaa.com

Some time ago in my past I took educational loans (loans for schooling). Even then I knew it wasn’t right. I knew I wouldn’t be able to repay them before the “grace period” ended and interest would begin to be charged on them. What can I do now to rectify this great wrong? I have made tauba (forgiveness prayer) several times. Is there anything else I should do to right this situation with Allah? I mean I can’t even pay them back now and interest will continue to be charged on the loans until every penny is paid back. Basically I want to know is making the Tauba enough. I have the intention to never take interest bearing loans again and I want to pay these off as soon as possible. Is there anything else I should do?

Hanafi Fiqh | Shaykh Muhammad ibn Adam | Daruliftaa.com

Forwarding Advice on Stock Market Investment

Hanafi Fiqh | Shaykh Muhammad ibn Adam | Daruliftaa.com

House and Goods Insurance

Hanafi Fiqh | Shaykh Muhammad ibn Adam | Daruliftaa.com

Does Drawing Money from one’s own Company at Market Interest Rates Constitute Riba?

Hanafi Fiqh | Shaykh Muhammad ibn Adam | Daruliftaa.com

Car Rental Insurance

Hanafi Fiqh | Shaykh Muhammad ibn Adam | Daruliftaa.com

Car Insurance and Family Dispute

Hanafi Fiqh | Shaykh Muhammad ibn Adam | Daruliftaa.com

House Contract, a Girl and Parents

Hanafi Fiqh | Shaykh Muhammad ibn Adam | Daruliftaa.com

Is buying or selling pre-paid legal service permissible and has it been researched according to Shari’ah?

Hanafi Fiqh | Shaykh Muhammad ibn Adam | Daruliftaa.com

Monetary Penalties on Late Payment

Hanafi Fiqh | Shaykh Muhammad ibn Adam | Daruliftaa.com

Is Home Contents Insurance Unlawful?

Hanafi Fiqh | Shaykh Muhammad ibn Adam | Daruliftaa.com

My friend is in need of a debit card (interest free transactions)…but for him to obtain this he must upgrade to a new account. The new account offers many new features which come hand in hand with the upgrade such as, student discounts on flights, shopping vouchers, etc. what is worrying is that they offer health insurance and other insurance based schemes. Now these schemes are always available to him and come part of the package but he does not have to pay for them and although they are available to him, he can not use them if he wishes. As he needs the debit card, he doesn’t intend indulging in the haram schemes. Is it permissible to upgrade his account on this basis?

Hanafi Fiqh | Shaykh Muhammad ibn Adam | Daruliftaa.com

What is the ruling on paying car insurance to companies in instalments whereas they charge you added APR, instead of paying a one off instalment? Also if you only wanted to use the car for a few months, you would be paying less than for the full year.

Hanafi Fiqh | Shaykh Muhammad ibn Adam | Daruliftaa.com

What is the ruling on Premium Bonds according to Hanafi Fiqh?

Hanafi Fiqh | Shaykh Muhammad ibn Adam | Daruliftaa.com

Interest (riba) in Company Shares

Hanafi Fiqh | Shaykh Muhammad ibn Adam | Daruliftaa.com

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