Business & Finance · Subtopic
Loans & Debts
697 fatawa from 9 South African Darul Iftas on Loans & Debts, part of Business & Finance. Newest first; every fatwa links to the page where its Darul Ifta published it.
Subtopics are grouped from each Darul Ifta’s own categories and the fatwa titles, so the count is approximate.
By Darul Ifta
Loans & Debts fatawa — page 2 of 18
- Mufti Online9 Nov 2024
Using someone's credit card and paying back with extra
I live with my parents, and over the past few months, I've made some online purchases using my father's credit card (with his permission). Since…
Mufti Zakaria Makada - Azaadville23 Oct 2024
Paying Suppliers After The Goods Have Burnt Out
We had a fire at our business, the cause of which is unknown. It started at a premises we sublet to a friend of ours, and then spread and destroyed…
- Mufti Online12 Oct 2024
Taking an interest free loan from the government
The government I live in help the citizens with a payment of the house or flat when you are moving and give you a support/loan. The loan is interest…
Mufti Zakaria Makada - Ask Imaam4 Oct 2024
Is it permissible to take a loan in order to avoid tax?
Is it permissible to take loan in order to avoid tax. I use to pay 10000 rupees per month as tax. If I take home loan of 2 million then tax will be…
Mahmood Suliman - Azaadville23 Sep 2024
Charging Commission On Loan
A Muslim brother lends me money via a m-pesa. At times I am late in payment by a few days. The man charges me commission and claims that it s not…
- Mufti Online21 Sep 2024
Paying back a loan with haraam money
Zaid owes Amr money. Zaid wins the lottery and pays Amr with the money that he won. Amr knows it's lottery money. Is it permissible for Amr to…
Mufti Ebrahim Salejee - Ibn Masood4 Sep 2024
Loaning Interest Funds
A non-Muslim requested a loan from a Muslim and said he’ll pay them X amount extra (i.e. interest). The Muslim agreed to this. When questioned about…
Maulana Abdul Kader Fazlani - Mufti Online27 Jul 2024
Taking an interest bearing loan
I took a loan on interest and I know very well that it is haraam in Islam, but now there is no way except this option. I have to get married and…
Mufti Zakaria Makada - Mufti Online4 Jul 2024
Obtaining an interest free loan for one's business
I am metal importer. I have less capital available as compared to my business volume. I want to do financing. What is best way to finance without…
Mufti Zakaria Makada - Mufti Online10 Jun 2024
Incentives offered by car dealers to bank employees for referring bank auto loan customers
Incentives offered by car dealers to bank employees for referring bank auto loan customers is Halal or Haram. They offer a specific amount from…
Mufti Zakaria Makada - Mufti Online1 Jun 2024
Taking a salary from a person who took out an interest-bearing loan
I am a student. I teach my aunts son mathematics. This is my first job as a student. I always wanted to earn halaal or I have a wish that my first…
Mufti Zakaria Makada - Azaadville30 May 2024
Debt On A Contract
If you pass away owing money on a contract such as a gym contract, is it the same as if you would owe an individual or another account? What if you…
- Mufti Online18 Apr 2024
Student taking out an interest bearing loan
A student asked that she has no money and tried getting assistance but no one has offered her any help. Will it be ok for her to borrow money on…
Mufti Ebrahim Salejee - Mufti Online26 Feb 2024
Debtor taking out an interest bearing loan to pay his creditor
I lent some money to my cousin a few months ago. If he takes an interest based loan from the bank to return my money. Am I allowed to take my money…
Mufti Ebrahim Salejee - Ibn Masood20 Feb 2024
Giving a loan in lieu of interest
I needed clarity on the following matter. I am providing capital to a friend for his business. This money is given as a Loan and will be paid back…
Maulana Abdul Kader Fazlani - Ask Imaam19 Feb 2024
Is it permissible to borrow money from Haram sources?
Assalamu Alaykum wa Rahmatullahi wa barakatu I was planning on buying a house and needed to borrow some money. Alhamdulillah, I work and earn income…
Eshowe - Mufti Online19 Feb 2024
Debtor taking out an interest bearing loan to pay his creditor
If a debtor takes an interest based loan to return our due money. Are we allowed to take our money back from such an arrangement. We are not asking/…
Mufti Zakaria Makada - Mufti Online17 Feb 2024
Earning interest to pay off an interest bearing loan
I have a brother and a sister. My brother has taken a loan from a bank and has to pay back the loan with interest. My sister wants to open a fixed…
Mufti Zakaria Makada - Mufti Online5 Feb 2024
Person in debt making a second nikaah
A person is in debts. Financially, he isn't in a good condition. He got a wife and children that he is responsible for. He makes a second nikah.…
Mufti Ebrahim Salejee - Mufti Online27 Jan 2024
Purchasing a product from someone who bought it on an interest based loan
Is it permissible to buy a product from someone if we know that he bought that product by means of an interest based loan? Now he has finished all…
Mufti Zakaria Makada - Mufti Online25 Jan 2024
Are items purchased through interest bearing loans halaal?
What is the ruling on a person if in past he has taken interest based loans to buy a home, plot or any electronics item and keep repenting. Are…
Mufti Zakaria Makada - Mufti Online25 Jan 2024
No agreement between the parties of the terms of payment when paying back a loan
Is it permissible to buy a house from An Nahl. If the house is 600 000 for example, they put up a mark up of 7 % if you pay within 10 months, a mark…
Mufti Ebrahim Salejee - Ibn Masood4 Jan 2024
Life cover to secure a loan
Is life cover that is imposed upon by the lending company acceptable for a short term loan. The insurance covers loss of salary, disability and…
Mufti Mohammed Desai - Ibn Masood2 Jan 2024
Interest on loans
If a person is in debt and takes a loan from a family member, is the family member allowed to make a profit from this transaction? For example, the…
Mufti Mohammed Desai - Mufti Online1 Jan 2024
Poor person using interest money to pay off a loan
I have a credit card loan which I need to pay immediately. For several months I am trying to pay it but I failed. I don't have sufficient money to…
Mufti Zakaria Makada - Azaadville5 Dec 2023
Returning More Than The Amount Borrowed
Someone gave me 100 thousand helping me out. I used the money in business and made a profit. I returned the 100 thousand he loaned me along with…
- Mufti Online2 Dec 2023
Hajj for a person in debt
I have question regarding Hajj. I have taken a loan from my father in 2018 of $65,000 for home purchase in order to avoid interest bearing…
Mufti Ebrahim Salejee - Mufti Online27 Nov 2023
Selling a car as a loophole to acquire a loan
I have a question regarding interest. I have a financial issue in my business. I need around 5 million to complete my running order. A friend of…
Mufti Ebrahim Salejee - Mufti Online27 Nov 2023
Charging a penalty for late payment and calling it admin fees
I am currently renting my business premises from a an Islamic trust. They have amended the current lease agreement to state that 2% interest will be…
Mufti Ebrahim Salejee - Ibn Masood23 Nov 2023
Retrieving debts from the customer’s debtors
A person owes me money which is long overdue. Is it permissible for me to recover the amount from his customers, or someone who owes him money,…
Maulana Abdul Kader Fazlani - Mufti Online12 Nov 2023
Making an effort to repay the loan
I have taken some money from a friend from Australia. While taking the money, I planned to work abroad so that I can earn big amounts and pay back…
Mufti Zakaria Makada - Ibn Masood5 Nov 2023
Debtor paying more than the loan
I had a client who had owed me a certain amount of money and paid me after a long time. Due to the delay, she decided to give me a certain amount…
Mufti Mohammed Desai - Azaadville23 Oct 2023
Giving Interest Funds To An Indebted Person
I have some interest money. Can I give it to my brother to settle a long outstanding debt? He is unable to settle the debt for a long time.
- Ibn Masood5 Oct 2023
Serving as a debt counsellor
Is it permissible to have a profession as a debt counselor?
Mufti Mohammed Desai - Ibn Masood30 Sep 2023
Using interest funds to settle debt
If a person is in debt, can another person help to pay those debts with interest money (and without an intention of attaining reward)?
Maulana Ahmed Saeed - Mufti Online19 Sep 2023
Applying for an interest bearing home loan
I want to buy a home at my native place but I haven't enough money to buy it, so can I apply for the home loan. I already tried to halal sources to…
Mufti Zakaria Makada - Ibn Masood19 Sep 2023
Forgiving an outstanding debt
A person owes me a small amount of money and I think he has forgotten he borrowed money from me. Due to his seniority, I feel hesitant to remind…
Mufti Mohammed Desai - Mufti Online16 Sep 2023
Delaying in paying off a loan until it accrued interest
I took out student loans to pay for my college education, but I paid all of them off 1 day after the interest started accumulating. I could’ve paid…
Mufti Zakaria Makada - Mufti Online16 Sep 2023
Buyer unsuccessful in contacting the supplier to pay off his debt
I am inquiring in regards to business items I purchased from a supplier on a loan at a Business Expo. We had a mutual agreement to pay for the items…
Mufti Zakaria Makada - Mufti Online16 Sep 2023
Taking a pension loan from the government
I had met with an accident and I'm at home completely. My mother is a pensioner and my brother too is living along with his kids. We have no savings…
Mufti Zakaria Makada
Read-only index of fatawa already published by South African Darul Iftas, each linked to its original. Not a fatwa service — for your own situation, ask the issuing Darul Ifta.