Business & Finance · Subtopic
Interest (Riba) & Banking
1,723 fatawa from 9 South African Darul Iftas on Interest (Riba) & Banking, 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
Interest (Riba) & Banking fatawa — page 12 of 44
- Mufti Online22 Jun 2019
Receiving cash back or discounts when purchasing with a credit card
1. When purchasing goods via a credit card, I received 1 rupee on every purchase of 200 rupees. Is this permissible or not? 2. Different offers are…
Mufti Ebrahim Salejee - Mufti Online20 Jun 2019
Insurance, medical aid and using banks in Western countries
1. Are all forms of insurance haraam in the west? If a person doesn’t have car insurance in a western country and they have an accident, they have…
Mufti Ebrahim Salejee - Mufti Online19 Jun 2019
Accepting money from the opposite party's insurance company
I had an accident and in a claim I received some money from the insurance company of the other party and there is some amount of injury as well but…
Mufti Ebrahim Salejee - Mufti Online18 Jun 2019
Giving someone interest money without telling them it is interest
Person A gives person B his interest money declaring it as such. Person B gives person C the money declaring it as such, appointing person C a…
Mufti Ebrahim Salejee - Mufti Online18 Jun 2019
Working for a company contracted to a bank
I have a job opportunity as an IT contractor in a bank. I will be maintaining their computers and machines but I will not be working for the bank…
Mufti Ebrahim Salejee - Mufti Online17 Jun 2019
Purchasing a house through taking a loan on interest
We live in a country, where it is impossible to buy a house on a full amount, it is more expensive than Europe. My husband is religious and wonts…
Mufti Zakaria Makada - Mufti Online15 Jun 2019
Taking an interest bearing loan to purchase a house
I want to buy a house under the right to buy scheme but cannot get a halal mortgage. I have found no Islamic bank that offers a halal mortgage for…
Mufti Zakaria Makada - Mufti Online12 Jun 2019
Winning the lottery
We got a message that we were chosen as the winners of Canada Coca-Cola's new year lottery. They were promised to give us some dollars. Is it halal…
Mufti Zakaria Makada - Mufti Online12 Jun 2019
Disposing of interest money
What to do with interest money?
Mufti Zakaria Makada - Ask Imaam16 Apr 2019
Working to prevent fraud in a Bank
Salam I work for a bank in the Uk, however i have no involement in any transactions or interest related activity, My role compromises of helping the…
Muhammad I.V Patel - Ask Imaam11 Apr 2019
Discount offered by the Bank
Assalamu Alaikum. I am aware that there are certain complications when using a CREDIT CARD. I have decided only to use DEBIT CARDS, Alhamdhulillah.…
Muhammad I.V Patel - Mufti Online11 Apr 2019
Using interest money to pay for taxes and fines
Can interest money be used to pay tax (SARS)? What else can interest money be used for, payment of fines?
Mufti Ebrahim Salejee - Mufti Online9 Apr 2019
Credit card rewards
I wanted to enquire about Credit Card Rewards. I have a credit which is Shari'a Compliant as per clear statement from the bank: Bank FAQ's ---------…
Mufti Ebrahim Salejee - Mufti Online9 Apr 2019
Claiming from insurance company
The situation is as follows: A person crashed a car of the owner by hitting a railing. The owners insurance was cancelled. The person drove off as…
Mufti Ebrahim Salejee - Ask Imaam8 Apr 2019
Can I work as an I.T engineer in an Investment Bank?
l salam alaykom I have been working as IT engineer in a Corporate and Investment Banking in France for more than 4 years. My work consists in…
Muhammad I.V Patel - Mufti Online4 Apr 2019
Taking a loan on interest to purchase a car
When we take a car on loan from a bank and we pay extra money which is above the car price, is it permissible?
Mufti Zakaria Makada - Mufti Online4 Apr 2019
Using interest money to pay for insurance
I got a NRI bank account which is a savings account and every quarterly I receive some interest from the bank. Is it permissible for me to use this…
Mufti Zakaria Makada - Mufti Online3 Apr 2019
Entering a competition with points
I did this survey online and got 5000 points. It can be converted into £50 cash but I took one point and joined a survey and if I win it, I can get…
Mufti Ebrahim Salejee - Ask Imaam1 Apr 2019
Taking an interest bearing loan due to constrained circumstances
Asalamu alaikum, im aware that interest (riba) is haram but what if your situation is really difficult and the bank is offering a loan with a very…
Aboobakr Siddeeq bin Mufti Amjad Mohammad - Mufti Online31 Mar 2019
Benefits from a bank
Is it haraam or sood/interest to receive free Telenor minutes and MBs by keeping more than one thousand rupees in Telenor Easypisa account and doing…
Mufti Ebrahim Salejee - Mufti Online30 Mar 2019
Deriving benefit from the bank
One benefit of being a client of a certain bank is that you are able to download an application from the internet called the entertainer. This…
Mufti Ebrahim Salejee - Mufti Online27 Mar 2019
Entering a competition with points
I did a survey and got 50 points and I took 1 point to join a competition. So if I win I will get prize, is that halaal? Many will participate but…
Mufti Ebrahim Salejee - Mufti Online17 Mar 2019
Entering into a partnership with a person whose capital will be from an interest bearing loan
My brother wants to enter into a partnership business with another person whose initial investment in business is taken from an interest bearing…
Mufti Ebrahim Salejee - Mufti Online12 Mar 2019
What is riba?
Can you please explain to me in simple words what is Riba?
Mufti Ebrahim Salejee - Mufti Online12 Mar 2019
Fundraising dinners
Many Muslim organisations have fundraising dinners. The people attending these dinners pay a fee e.g. R300 per person. The names of all the…
Mufti Ebrahim Salejee - Mufti Online11 Mar 2019
Receiving a gift from someone who works in a bank
I have received a gift (fabric) from a family member who works in a bank. I'm not sure how halaal the person's income is. Will it be okay to utilise…
Mufti Ebrahim Salejee - Mufti Online11 Mar 2019
Taking out a student loan
I am trying my best not to apply for a student loan but keeping up with my payments has become so difficult and it has come to a point where…
Mufti Ebrahim Salejee - Mufti Online10 Mar 2019
Transport company taking out insurance to cover goods
Are we as transporters permitted to take insurance to cover goods in transit?
Mufti Zakaria Makada - Mufti Online5 Mar 2019
Woman working in a bank
I am a single mother of a 5 years old child. I've been looking for jobs for my livelihood. However, I have been receiving interview calls from…
Mufti Ebrahim Salejee - Mufti Online5 Mar 2019
Renting a car that was financed by the bank
I have a question regarding riba. I live in Germany and I want to rent a car for 12 months. My understanding is that all rental companies do not own…
Mufti Ebrahim Salejee - Mufti Online4 Mar 2019
Purchasing bank repossessed items from an auction
Is it permissible to buy items that are being auctioned off at a bank auction, i.e. items that were repossed by the bank?
Mufti Ebrahim Salejee - Mufti Online4 Mar 2019Roman Urdu
Bank se qardh lena
Kiya me bank se loan le sakta hu apni wife ko Dubai me rakhne ke liye kyu ke 5 saal ho gayi aur hamara koi bacha nahi he kyun ke hum waqt saath nahi…
Mufti Ebrahim Salejee - Mufti Online3 Mar 2019
Bank finance
1. Will it be permissible if one purchases a car by applying to the bank by depositing a certain amount of money and handing over through a…
Mufti Zakaria Makada - Mufti Online3 Mar 2019
Being charged interest due to the landlord not paying the bills on time
I am renting an outbuilding and I pay a set rent to my landlord. Sometimes, he lets the lights and water account go into arrears. If interest…
Mufti Zakaria Makada - Mufti Online28 Feb 2019
Paying one's helper with interest money
What do we do with interest money? Can we pay our helper at home in the form of wages?
Mufti Ebrahim Salejee - Mufti Online26 Feb 2019
Compensating for using ebucks in the past
In the past, I have earned and used eBucks for car hire and purchasing plane tickets. Recently, I read that eBucks is impermissible. What can I do…
Mufti Ebrahim Salejee - Mufti Online24 Feb 2019
Purchasing a property on an interest bearing loan
My father bought an agricultural land almost 19 years ago, measuring 110 acres. My father is an advocate by profession and at the time of purchasing…
Mufti Ebrahim Salejee - Ask Imaam20 Feb 2019
Paying tax to the government with the interest money
Assalamualykum ww, I wanted to confirm your fatwa on whether paying tax to the government using the interest received from the same government bank…
Mirza Mahmood Baig - Mufti Online16 Feb 2019
Paying a fixed monthly fee for a credit card facility
Is it permissible to pay a fixed monthly fee for a credit facility on a credit card? The fee is payable whether or not the credit facility is used.…
Mufti Ebrahim Salejee - Ask Imaam13 Feb 2019
Charging interest due to law but deducting it at the end
Assalamualaikum. I read in multiple fatwas of yours that its permissible to buy any product at no cost Emi. But a peculiar scenario has arisen in…
Muajul I. Chowdhury
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.