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 13 of 44
- Mufti Online11 Feb 2019
Taking an interest bearing loan to pay off another person's debts
Can I take a loan on interest from a bank to pay off my friends debts in order to save him from going to jail?
Mufti Zakaria Makada - Mufti Online10 Feb 2019Roman Urdu
Bank se profit milna
Mere abu foot ho gaye he. Unka paisa bank me tha. Hum log 6 months se profit le rahe he. Kiya yeh sood me shaamil ho ga ya nahi?
Mufti Ebrahim Salejee - Mufti Online10 Feb 2019
Receiving a fixed profit from one's mobile account
I have a mobile account and I subscribe to the benefits package that if I have more money in my account I will get 10% profit, please guide me is…
Mufti Ebrahim Salejee - Ask Imaam9 Feb 2019
Depositing money in an interest free account
Assalamu alikum Sir if in a Bank we have the facility to deposit money on interst free basis. would it be better to keep moneyin such an account or…
Muajul I. Chowdhury - Ask Imaam6 Feb 2019
Can I design a banking project?
Assalamualaikum , I work for software MNC. There are many banking clients are there. I am done with my current project and i am getting a banking…
Muhammad I.V Patel - Mufti Online6 Feb 2019
Opening a bank account
In India we have all transactions through our bank accounts. Is it against taqwa to deposit money in the bank? I never use interest but distribute…
Mufti Ebrahim Salejee - Ask Imaam4 Feb 2019
Selling interest based contracts at work
Assalaam u alaikum dear brother in Islam. I live in a non-muslim country where it is very difficult to find halal work. I recently managed to find…
Faizal Dhada - Mufti Online4 Feb 2019
Keeping one's money in a bank for safekeeping
1. Is opening a 'Shariah-compliant' savings account at a bank or at an 'Islamic' Bank with the sole intention of the bank safekeeping your money…
Mufti Ebrahim Salejee - Mufti Online4 Feb 2019
Working in a bank
My problem is that I am unemployed and my family is forcing me to get a job in a bank but I don't want to do this job because I think it's haraam.…
Mufti Ebrahim Salejee - Ask Imaam31 Jan 2019
Gatehouse Bank Diminishing Musharakah
Asalamu Alaykum, Dear Respected Mufti Saheb, I’d like to ask that is the buy-to-let scheme offered by gatehouse bank ( UK ) Shar’iah compliant? Here…
Muajul I. Chowdhury - Ask Imaam31 Jan 2019
Accruing interest on purpose to give to the poor
Assalam Walikum, I understand that Interest money is Haram in Islam. However i want to know if it is permissible to deposit money in fixed deposit…
Muajul I. Chowdhury - Mufti Online24 Jan 2019
Taking money from someone whose father is employed in a bank
Can I take money from a student whose father is employed in a bank?
Mufti Ebrahim Salejee - Ask Imaam22 Jan 2019
I would like to know if an establishment fee on an interest-free loan is halal?
AsSalamuAlaykum, I would like to know if an establishment fee on an interest-free loan is halal? The more you borrow the higher the fee. for up…
Anas Sharieff Qasmi - Ask Imaam16 Jan 2019
Working in a reserve bank
As Salam o alaikum Maulana i would like to ask a question that if a person works in a reserve bank is his income halal or haram.And he always goes…
Muhammad I.V Patel - Mufti Online15 Jan 2019
Bank charging a transaction fee for purchasing with a debit card
Whenever I buy something from outside of the UK with my debit card, my bank takes a purchase/transaction fee. I dont mind this. Is this allowed?
Mufti Ebrahim Salejee - Ask Imaam9 Jan 2019
Converting total bill of shopping into monthly instalments of credit card
AOA Mufti Sahab, Hope you and your team is fine. I wanted to ask a question relating credit card. In KSA there is a bank by the name of SABB(Saudi…
- Ask Imaam8 Jan 2019
Taking interest bearing loans for college/university
As-salāmu ʿalaykum Mufti Ebrahim Desai, I live in England and want to go university to become a paramedic or Doctor. My intention is to help the…
Muajul I. Chowdhury - Mufti Online31 Dec 2018
Taking out life insurance to save tax
Is it permissible to buy a life insurance policy, not so that my heirs can benefit from it; but merely to cover inheritance tax/estate duty that is…
Mufti Ebrahim Salejee - Mufti Online25 Dec 2018
Using interest money to pay for insurance
If a person stays in a complex where they have an insurance policy, and every month a portion of the levies go towards that insurance, can he pay…
Mufti Ebrahim Salejee - Mufti Online24 Dec 2018Roman Urdu
Kiya bank charges sood he?
Me 1 shopping mall me cashier ki job krta hun. Company ki policy ha k credit card ya debit card pr extra charges leny jo me follow b kr rha hun. Kia…
Mufti Zakaria Makada - Mufti Online23 Dec 2018
Ebucks
I recently read a fatwa that you issued with regards to eBucks. Jazakallah for the fatwa. I am struggling to understand one aspect and would like…
Mufti Zakaria Makada - Mufti Online18 Dec 2018
Working in the IT department of a bank
Is working in the IT department of a bank permissible?
Mufti Ebrahim Salejee - Mufti Online18 Dec 2018
Earning Ebucks from an Islamic cheque account
I read your article about eBucks being tantatmount to riba. My question is, if I have an Islamic Banking cheque acccount that earns a variable…
Mufti Ebrahim Salejee - Mufti Online18 Dec 2018
Working in a bank & government pension
My father is 68 years old now. He was working as a manager at a government bank for more than 40 years. When he was in his 20's he joined the bank…
Mufti Ebrahim Salejee - Mufti Online15 Dec 2018
Working for a company that makes money from interest
I want to apply for a job in a company. But after downloading the annual report, I saw that the company makes 68% of its revenue from commission and…
Mufti Ebrahim Salejee - Mufti Online5 Dec 2018
Working for a bank as a consultant
I am working as a consultant in a micro finance bank that provides loans on interest. Are my earnings halaal?
Mufti Zakaria Makada - Mufti Online4 Dec 2018
eBucks, uCount, Absa Rewards, GreenBacks, Airport Lounges
In today’s times, we see many conventional banks offering different types of reward programmes in order to attract customers and promote their…
Mufti Zakaria Makada - Mufti Online4 Dec 2018
The Shar’ee implications of being associated with a riba-based institute
Why is it impermissible in Shari’ah to take interest-bearing loans from the bank?
Mufti Zakaria Makada - Mufti Online4 Dec 2018
Ex-wife filing for maintenance after divorce and husband using interest money to pay
In Indian Law the Honourable Court allows ex-wife to file maintenance cases after divorce from ex-husband of any religion if they want. I gave Talaq…
Mufti Ebrahim Salejee - Mufti Online4 Dec 2018
Why is riba condemned in Shariah?
Why is riba condemned in Shariah?
Mufti Zakaria Makada - Ask Imaam2 Dec 2018
Suggest an alternative to do the business since keeping bank staff is impermissible
Assalalmu alikum warahamatullahi wabarakatuhu, Dear Mufti sab, As per this fatwa: 41222. it's not permissable to keep bank staff. Then how to do…
Aboobakr Siddeeq bin Mufti Amjad Mohammad - Ask Imaam25 Nov 2018
Inheriting a house that was purchased on interest
Is it permissible to inherit an house that was purchased by my father on interest?
Muajul I. Chowdhury - Ask Imaam19 Nov 2018
Can I work as a System administrator in HSBC BANK ?
Assalaamu alaikkum, I got job offer from HSBC glt india. My role is System administrator which is related things backup of Data center servers and…
Muhammad I.V Patel - Mufti Online18 Nov 2018
Should one take and a loan from a bank to buy a house or continue paying rent?
I am residing in a rented house for the last 3 years and my monthly rent is being paid to a private owner by my organization. In future, I will…
Mufti Zakaria Makada - Mufti Online18 Nov 2018
Taking a loan from a bank and getting an employee to write off the loan
I know someone working at the Federal Bank. He says that he can help open my doors with a higher loan amount. Once he gives me the loan amount, the…
Mufti Ebrahim Salejee - Mufti Online17 Nov 2018
Road Accident Fund
This is a follow up question on the Road Accident Fund question: The court orders the RAF to pay interest (which is not interest according to…
Mufti Zakaria Makada - Mufti Online15 Nov 2018
Playing sports for money
I want to ask a few questions about gambling 1. If two teams play cricket for money and the one who loses the match will have to give money, is this…
Mufti Ebrahim Salejee - Mufti Online15 Nov 2018Roman Urdu
Agar bank main paise achanak se aa jaye to kiya kare?
Agar bank main paise achanak se aa jaye aur bank wapis bi na le tu kya wo paise halal hain ya haram?
Mufti Ebrahim Salejee - Mufti Online14 Nov 2018Roman Urdu
Bank se madad lena muhtaaji ki haalat me
Meri bhabhi bewa hu gayi unki 2 betian na unka koi baap hai na bhai na beta, unki maa bhi bewa gain unke pas wo rehna chahti gain air hum se pehle…
Mufti Ebrahim Salejee - Ask Imaam13 Nov 2018
Opened a clinic with money given by grandma which consisted of interest
Asalamalaikum, I am a dentist by profession. I have recently opened my own clinic. The money to set up this clinic came from my grandma, she has no…
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.