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Hajj with Car Price Bought with Riba: Valid?

Hajj with Car Price Bought with Riba: Valid?

Wa `alaykum as-Salamuwa Rahmatullahi wa Barakatuh. In the Name of Allah, Most Gracious, Most Merciful. All praise and thanks are due to Allah, and peace and blessings be upon His Messenger. In this fatwa: As long as you have repented form interest-based transaction and the borrowed money belongs to you, you can perform Hajj with …

House

Father Built a House from Riba: OK for Me?

My father used to work at an interest based bank. He took a loan from the bank to build a house; it belongs to me now. Is it halal for me? If not, what should I do? It was built on my mother’s land.

Buying a Car with Interest-Based Loan

Buying a Car with Interest-Based Loan: OK?

Wa `alaykum as-Salamu wa Rahmatullahi wa Barakatuh. In the Name of Allah, Most Gracious, Most Merciful. All praise and thanks are due to Allah, and peace and blessings be upon His Messenger. In this fatwa: 1- Riba (interest on loans) is prohibited by the texts of the Qur’an and the Sunnah. Therefore, a Muslim needs to keep …

Taking Loans from Islamic Banks: Allowed?

Wa `alaykum as-Salamu wa Rahmatullahi wa Barakatuh. In the Name of Allah, Most Gracious, Most Merciful. All praise and thanks are due to Allah, and peace and blessings be upon His Messenger. In this fatwa: 1- This kind of transaction is called tawrruq which is impermissible. 2- As for working in an Islamic bank, it is allowed …

Are Interest-Bearing Student Loans Permissible?

Short Answer: Yes, they are. Why? Because while taking interest is totally haram in Islam, giving interest when you are pressed to is a different thing. If we say to Muslims, “Don’t take a loan on interest,”… the result being, you cannot pursue higher education, then the result will be that Muslims will become oppressed people because others will pursue …

Buying House from Bank in Installments: Allowed?

Buying House from Bank in Installments: Allowed?

In the Name of Allah, Most Gracious, Most Merciful. All praise and thanks are due to Allah, and peace and blessings be upon His Messenger. In this fatwa: 1- The Islamic form of selling, which is allowed, is that the bank buys the property and sells it with a higher price; this is murabahah in Islam. …

Work for a Company of Interest-based Finance

Working for a Company of Interest-based Finance: OK?

Wa `alaykum as-Salamu wa Rahmatullahi wa Barakatuh. In the Name of Allah, Most Gracious, Most Merciful. All praise and thanks are due to Allah, and peace and blessings be upon His Messenger. In this fatwa: It is not allowed to work with such a program that deals with interest-based system. You should not also leave …

Can My Non-Muslim Sister Take Interest-based Loan to Help Me?

Can My Non-Muslim Sister Take Interest-based Loan to Help Me?

Wa `alaykum As-Salamu waRahmatullahi wa Barakatuh. In the Name of Allah, Most Gracious, Most Merciful.  All praise and thanks are due to Allah, and peace and blessings be upon His Messenger. In this fatwa: 1- It is not permissible for you to tell your sister, or help her, or ask her, or approve of her taking out a riba-based …



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