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    Answers with Tag: RIBA

    We have given apartments for rent. Some times the tenant dose not pay the rent according to the agreed date. Is it ok to take fine? Beacuse if are taking a fine then they will be forced to pay the rent before due date. Will taking fine be riba?

    I am a resident of bangalore,India. I want to take up the residence on rent.here it is customery to give around 10 months of rent or 1 lakh as a deposite and some market price amount as rent. for example case it is suppose 1 lakh deposit and 7000 rs rent. But i go and talk to some landloard talk about his  house on rent but he needs more money for business purpose so he says to me that he will give to person who will give him 4 lakh deposit and 500 rent as monthly for duaration of 2 years(or another configuration 3 lakh as deposit and 2000 as rent )(Because he says he can earn more money by more deposit then getting incresed rent). Is it permissable to take up this house on either of these  configuration ? i ask people some body says it is permissable and somebody strictly prohibit and says it is trickey and form of interest(riba).i am confused pleae tell me in light of sunnah and quran ?  

    I am a software Professional. I work for building TOOLS for other software professionals who work in Banks. Ultimately the Project is from a Bank and i dont know whether it is correct to work. I am worried as whether my source of Income is Haram.

    I am a Software Engineer,I do Software testing for applications. I work for a reputed Indian Software Company, they work for a Client called ‘Charles Schwab’ …

    Can you please forward me your views on the Albaraka equity fund.

    Is taking out life insurance permissable in islam?

    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…

    I am maintaining an account with Meezan Bank in Pakistan. Meezan Bank claims to be the first non-ribaa bank in Pakistan…But, sometime ago I was told by a Mufti saheb that it is not a riba-free as claimed and I should not utilise the profit which is added to my account at the month ends.

    Is it permissible to let ones house for rent to a riba based bank

    I am interesting in investing moneies in Fraters Islamic Equity which has launched in 2005.This fund is managed by reliable Ulama. the monthly debit orders is R500-00 a month.?Can I invest or you can advise me?

    I had hoped to obtain a loan from a prominent

    Is The money which she gave to my brother is Halal or Haram.

    I work in a MUSLIM company in France as sales assistant. I started this new job 3 months ago. …