I do live in Canada and having interest in buying house or apartment. There are Islamic organization who claims that they offers interest free loan. There is one new organization called UM Financial offers the home financing loan, among of them. They encourage to visit their website www.umfinancial.com.
UM Financial says that they buy the.. More
I would like to buy a house and I've heard that there is English bank called HSBC that does interest free mortgages based on Sharee'ah principles. I would greatly appreciate if you could clarify this matter on whether it is Halaal or Haraam? .. More
I am a Muslim from Palestine. I became a US citizen, and I am student, I am married to a Muslim woman from my homeland, and I have three babies, and I do drive a taxi in US to support my family life and needs. I do work at night shift, because during the daytime I go to school, and during my work, I do carry drunk customers, and they do carry.. More
I am working in sales department and I sell approximately 10% of the computers on finance which is done by another company, its just a facilitator. My company deals only in computers and the finance part is done by other company, and sometimes our company announces extra incentives like if we do more than 17% business on finance they will give extra.. More
I want to ask you about a very serious issue which has caused a lot of destruction in the past in my family between the two sisters. My khala's husband took 8 lakh from my father within different passage of time making 3 to 4 years. My mother is a kind hearted woman who told her husband that her sister is in need and she kept on giving money to.. More
I have been in conventional banking service for the last 20 years. I am aware Riba is Haraam. Is employment in conventional banking also Haraam? I am not able to get a suitable position in an Islamic Bank. I feel guilty for my last 20 years of my service in Bank, as I joined banking when I was ignorant of the Islamic ruling. What should I do in my position?
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If the profit of the bank loan is forbidden in Islam, what do the employees of this bank get due to their work to facilitate that loan? I guess that the profit the bank is taking is a fair compensation for its effort to do so.
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What is Islam's opinion about the Islamic branches of the commercial banks? As some commercial banks like Doha Bank, Commercial Bank and Qatar National Bank have opened some Islamic branches who deals with Sharee'ah rules. Please feedback me as soon as possible. .. More
Can you advice me about taking a car through Qatar international Islamic bank? I have an account with them and wish to take a used car. I was told that they are not taking any Ribaa... More
I am living in Norway, I have buy a car for taxi work. This car cost 491000 Norwegian Kroner. I have pay 190000 Kroner. The rest of the money I will pay in 5 years, every month. I didn't discuss with the bank how much I will pay every month they send me invoice. I have calculated the invoice for 5 years and I am paying 50000 Kroner and maybe.. More
I got laid off from work 7/1/05, I am eligible for unemployment benefits from government till I find a job. But we decide to take our kids to raise them back home in August. I maybe looking for job there but not sure if I can take this money or it is Haraam because I will not be living here. Please let me know as soon as possible. .. More
Work in a company dealing in petroleum, the company collects P.A.Y.E from its employees and remits to the government up to 30% of employees' salary. Is it acceptable in Shariah for the company to deduct such much from the employees to be remitted to the government monthly? .. More