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201 fatwas

  • Company Paying Interest on His Loan to Buy Flat to Marry

    I have taken a loan from my company for about 4000 D. The agreement was that I pay a fixed amount of money every month until I paid the loan for a total of the same amount that I took (4000D). But after that I discovered that the company agreed with a bank to give me the loan and the company will pay the interest amount after I paid the 4000D. I don't.. More

    83937 2-4-2002

  • Getting Rid of Mortgage Transaction

    I live in the United States and last year my brother and I purchased a house on mortgage (Riba), in both of our names, based on the Fatwa from Dr. Yousef Al-Qardawi that it was a necessity (Duroora). My father paid most of the down payment; around 70,000 and my brothers and I added 5,000 each. I now feel that this was the wrong decision and want.. More

    83935 2-4-2002

  • Using Interest to Pay Electric Bills

    Here in Surat (India) electricity companies use to collect electricity charges against supply of electricity. In addition to that they use to collect another charge called Fuel Adjustment Charge. About this charge their explanation is as below: 1) While distributing power from main junction to substations and from there to actual users about 7% is.. More

    83783 31-1-2002

  • Buying Islamic School Property Using Loans with Interest

    What is the Islamic Fatwa for a principle of an Islamic school who buys school properties by borrowing money from lending institutions and banks? .. More

    83755 21-1-2002

  • Increase in provident fund

    Every month 20% of the basic salary is added into provident fund maintained and retained by company in a bank account. After completion of six months/12 months some increase in one's provident fund amount was reported after the said period? Is this OK for us from Qur'an and Sunnah?.. More

    83634 13-1-2002

  • Questionable loan

    My brother wants to buy some road construction machinery. He does not have all the required money. So the company selling the machinery has him pay certain sum and the balance will be a loan at 5% interest per annum to be repaid over a five year period. The company claims that this interest is how they want to state their profit. Is this interest or.. More

    83608 6-1-2002

  • Buying a house on a loan

    I've read some questions about Riba in this website, and when I saw Fatwa no. 84041. I really got scared. My family came to the U.S about 4 years ago, and the only way we could get a house was taking a loan, and then repaying that loan, of course, with interest. Now I know that this is Haram, but what were we suppose to do? If we had rented an apartment,.. More

    81622 1-1-2002

  • Company Arranged Loan for Purchase of Home

    My company is a multinational foreign based company involved in oil and gas exploration and production in Pakistan. My company authorizes its employees to get certain amount of loan only for purchase of home from any loan-providing institution (bank or any other) as per amount sanctioned by company. These institutions (banks etc.) provide loan to employees.. More

    83543 15-12-2001

  • Buying House with Riba in Belgium

    Several persons says that Qardhawi said that buying a house in a non-Muslim country is not forbidden if it's only for personal use. I have 2 children and want to have more but I have only 2 bedrooms for me, my wife and my children. Renting a larger apartment is too expensive for us. If we stay in this apartment we couldn't have other children. We are.. More

    83397 13-10-2001

  • Borrowing with interest to help relative avoid prison

    I have a cousin who has a money problem with somebody and may be the police will take him to the prison. I haven't money to help him, but I can borrow from a bank to help him. This loan will be with interest. Does Islam allow me to borrow from the bank with interest to help him in this case?.. More

    83342 26-9-2001

  • Wants to rent out a house he is buying in UK on mortgage

    I am a doctor work in UK. I bought a house in UK using the mortgage, i.e. interest. I have lived in it for three years. Now I am leaving UK. I have not paid the full price. Can I rent the house and use the rent to pay the price knowing that I will be paying interest? Also there is possibility that I might come back to UK... More

    83308 19-9-2001

  • Repaying Study Expenses and Interest

    I am a Muslim student living in Holland. Next year I'm going to study dentistry, Insha Allah. I'm very motivated and I'm, Alhamdulillah a very good student. And now I've got a very urgent question and would really appreciate if you could give me a quick answer, if possible. Here in Holland it is very expensive to study and so the government pays for.. More

    82947 11-6-2001

  • Student Supported by Father's Income from Bank

    I am a student in UK, my father is paying my college fees but he is working in a bank. As I now it is Haram to work there. Is it Halal for me to study in this way? .. More

    82879 24-5-2001

  • Good Deeds Done in a House Purchased by Riba Transaction

    Is it true that all the Sunnah deed e.g. reciting Qur'an, Sunnah, prayers, etc. that we do in the house we purchased through Riba transaction will not be accepted by Allah (s.w.t)? .. More

    82700 27-3-2001

  • Bank loan

    I am a businessman. I would like to know if I can take a loan from the bank to promote my export trade, otherwise I cannot compete with traders in the same field who have much more finance than I?.. More

    81465 15-1-2001

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