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 2 of 44
- Ibn Masood11 Nov 2025
Assisting A Parent With Interest Money
My mother has a debt exceeding R10 000 from a business which she started. She owns no jewellery and whatever income she earns, is used to pay for…
Mufti Abdul Kader Fazlani - Azaadville30 Oct 2025
Interest Earned On A Bank Account Used To Pay Bank Charges
Can I use the interest earned on my bank accont to pay off the bank charges?
- Mufti Online22 Oct 2025
Paying debts with interest money
The bank gives a percentage of interest on money in your savings account. Is it permissible to use this money to pay off debts?
Mufti Zakaria Makada - Ask Imaam18 Sep 2025
Can I take an interest-based loan to pay off the interest on my credit cards?
Assalamualaykum, i understnad interst is haramm. i am currently in approxiamate £30,000 debts spread of several credit cards. when i took these…
Ebrahim Ibn Ahmed Dadan - Mufti Online18 Sep 2025
Distancing oneself from the banks and things associated with it
I avoid using credit cards as much as possible. I repent after using ATM or bank services. I also avoid cash back, discounts and facilities offered…
Mufti Zakaria Makada - Ibn Masood4 Sep 2025
eBucks
If a person uses his virtual card via his Google Wallet App, FNB places the individual on a higher tier for the eBucks rewards program, allowing one…
Mufti Abdul Kader Fazlani - Mufti Online2 Sep 2025
Working in a car dealership that is involved in interest and financing
I recently got offered a job at a car dealership and although I won’t be directly dealing with interest, the company is involved in interest and…
Mufti Zakaria Makada - Ibn Masood2 Sep 2025
Working For A Financial Institution
I work in a claims and disability assessment position, where I assess severe illness and disability, for Old Mutual. Someone brought it to my…
Mufti Muhammad Isa Ali - Mufti Online26 Aug 2025
Giving interest money to an employee as a gift
Can interested monies be given to an employee as a gift?
Mufti Ebrahim Salejee - Ibn Masood17 Aug 2025
Paying Traffic Fines Using Interest
Interest on our bank account is is removed monthly and discarded of. Can we use this money to pay off traffic fines?
Mufti Abdul Kader Fazlani - Ibn Masood8 Aug 2025
Service Fee On EFT
Can we charge a service fee to a person doing an EFT in lieu of cash? For example, accepting cash and carrying comes with a high risk of endangerment.
Mufti Abdul Kader Fazlani - Mufti Online7 Aug 2025
Islamic profit share of an Islamic FNB cheque account
I have a Islamic FNB cheque account that comes with an Islamic pocket savings account that gives me an Islamic profit share every month. 1. Is this…
Mufti Ebrahim Salejee - Ibn Masood3 Aug 2025
Service Fee For EFT
A person has cash and requires someone to do an EFT on his behalf. Is it permissible to charge the person a 3%-5% service fee for administering the…
Mufti Abdul Kader Fazlani - Ibn Masood27 Jul 2025
Credit-Card Debt
I used an FNB Credit Card in my business around the year 2005. The business subsequently closed down around 15 years ago due to financial problems.…
Mufti Abdul Kader Fazlani - Mufti Online23 Jul 2025
Using interest money to pay transfer duties
In the case of a transfer of ownership of a property, can interest be used to pay the transfer duties (to SARS)?
Mufti Ebrahim Salejee - Mufti Online23 Jul 2025
Opening a bank account in an Islamic bank and benefitting from their facilities online
My question is regarding opening a bank account. I chose an Islamic Bank which had no offer if you open a bank account so it will not fall in riba.…
Mufti Ebrahim Salejee - Mufti Online14 Jul 2025
Charging the customer a fee for paying by card due to bank charges
I run a business where I offer a service to clients. Some pay in cash and others pay by card. The bank charges me a commission for every transaction…
Mufti Zakaria Makada - Mufti Online9 Jul 2025
Using medical insurance that is part of one's employment contract
Can I use medical insurance provided to me by the company that I'm working as an employee for my purpose ?
Mufti Zakaria Makada - Mufti Online8 Jul 2025
Paying interest on a bond with interest money
My question relates to interest which was obtained unknowingly from my medical aids savings account. Can I use this money to pay it into my bond…
Mufti Zakaria Makada - Mufti Online1 Jul 2025
House or car finance through an Islamic bank
Is it permissible to finance a car or a house through Islamic bank if the period of payment is fixed (e.g. 5 years) but amount of payment is fixed…
Mufti Zakaria Makada - Mufti Online24 May 2025
Body corporate allocating insurance for the home in monthly levies
I have recently moved into a house which forms part of complex and is run by a body corporate. The house belongs to my wife in a Family Trust,…
Mufti Zakaria Makada - Mufti Online24 May 2025
Being charged dishonouring fees by the bank
Standard bank charged me an honoring fee of R100 which I don't think is fair. Why would they let a transaction go through if my bank account didn't…
Mufti Zakaria Makada - Ibn Masood16 May 2025
“UCount Rewards” Program
Standard Bank offers a rewards program called “UCount”. By subscribing to “UCount” for a monthly fee of R25, customers can earn cashback in the form…
Mufti Abdul Kader Fazlani - MUBZ13 May 2025
Working As an Accountant for a Company That Deals with Interest
Assalamualaikum warahmatullahi wabarakatuh. I have a question regarding permissibility on working as an accounting/ in the field. I’ve read a hadith…
- Mufti Online8 May 2025
Purchasing a ticket to enter a competition
1. Is it permissible to take part in a lucky draw where the participant pays a fee for a ticket and thus enters themselves into the draw where the…
Mufti Zakaria Makada - Ask Imaam12 Apr 2025
Is it prohibited to use the interest of investment to pay utilities like phone credits or other bills?
Is it prohibited to use the interest of investment to pay utilities suchlike phone credits or other bills as normal basis?
Ahmed-Ur-Rahmaan Ibn Mufti Mohammed Patel - Ask Imaam10 Apr 2025
Can you purchase a car on interest terms when there are no interest free finances avialable for cars?
Assalamualykum Mufti Sahab, A husband works and lives in Canberra and a wife lives in Melbourne with her kids. The wife needs a car in Melbourne to…
Ahmad Patel - MUBZ20 Feb 2025
Sharīʿah Banking, Investments, & Profit Sharing
Aslm what’s the ruling in shariah banking ? What’s the opinion in shariah investments ? Is profit sharing as legitimate term
- Mufti Online18 Feb 2025
Disposing of interest money earned from one's saving account
Please advise the best ways (most recommended ways) to spend/dispose of interest money earned from a bank savings account?
Mufti Zakaria Makada - Mufti Online18 Feb 2025
Paying back interest when taking a loan
If one took a riba based loan, and he repents, should he repay only the capital portions of the loan or also the interest on the loan?
Mufti Zakaria Makada - Mufti Online8 Feb 2025
Acquiring a credit card for someone else
A person asked me to make a credit card and provide him, he would be responsible for all credit card matters i.e. fees/charges and in return, he…
Mufti Zakaria Makada - Mufti Online30 Jan 2025
Giving a loan on interest
Two parties want to enter an agreement: Person A wants to loan money to Person B. The amount is marked up by 10% and the repayment is over a fixed…
Mufti Ebrahim Salejee - Mufti Online27 Jan 2025
Giving interest money without the intention of receiving reward
I have had some interest money which I gave to a paraplegic in a wheelchair at our local mosque. I didn’t tell him it was interest. I did not expect…
Mufti Ebrahim Salejee - Mufti Online21 Dec 2024
Asking family or friends to assist one with an interest free loan
I am currently working and looking to buy a car. I am unable to buy it in cash. I have made many attempts for Muslim car dealers to try and purchase…
Mufti Zakaria Makada - Mufti Online21 Dec 2024
Accumulating interest money with the intention of using it later
Previously I should donate any interest accrued monthly. My father said I rather keep it because he will be buying a big property within a year or…
Mufti Zakaria Makada - Mufti Online14 Dec 2024
Purchasing items with U Count points and giving it in charity
I have the following queries regarding the U Count rewards from Standard Bank. I do earn these points but do not use them as per your previous…
Mufti Zakaria Makada - Mufti Online14 Dec 2024
Taking an interest-bearing loan to study
I have a great academic background and I want to continue my studies abroad. The country I am currently living in is Afghanistan, so my financial…
Mufti Zakaria Makada - Mufti Online11 Dec 2024
Playing an indoor sport on a "lose to pay" basis
We play indoor net cricket, which has the per hour payment. We usually play on "lose to pay" basis, that the losing team will pay 100% of the…
Mufti Ebrahim Salejee - Mufti Online26 Nov 2024
Giving an extra amount when paying back a loan
Will it be permissible to take a loan from a person and in return, instead of giving them a profit share, could you give them an item of the stock…
Mufti Zakaria Makada - Mufti Online16 Nov 2024
Accepting a settlement discount from the bank to clear a credit card account
We have a credit card account with FNB which hasn't been paid for about 1 and a half years. Over the period that the account was not paid, interest…
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.