Islamic Banks | About Islam
Home > Tag: Islamic Banks

Tag: Islamic Banks

Is It Permissible to Have an Account at a Non-Islamic Bank?

Is It Permissible to Have an Account at a Non-Islamic Bank?

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- You shod search for an Islamic bank in your area. If you found one, you should avoid dealing with …

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. …

Father Refuses to Pay Zakah What to Do

Father Refuses to Pay Zakah: What to Do?

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- The father’s refusal to pay Zakah claiming that the money belongs to his children is not valid as long as he does not give his children the ability …

Is Mortgage Halal for Muslims?

Is Mortgage Halal for Muslims?

I have a question about mortgage. Is it permissible to buy one house for ourselves on mortgage? I have heard that but I’m not sure that there is a Fatwa for this issue. Please, advise.



find out more!