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Fiqh: Loan (Qarḍ)

I took some money from my deceased father,how do I repay now (URDU)

Submitted by Anonymous on Wed, 22/07/2020 - 17:15

Mein ne apne baap se 50000 udhar liyay thay aksar unki zindagi mein leta kabhi wapas kar deta kabhi na de pata, ab mein kiya karoun.

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payback interest free loan by buying car

Submitted by Anonymous on Fri, 17/07/2020 - 13:00

i have some money and i borrow some more money from a friend so i can buy a car I also ask if he can buy the car on my behalf. Once he brings the car to me I pay the loan back interest-free and i also give him money for the service he provided of buying the car and bringing it to me is that halal

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Loan

Submitted by Anonymous on Sun, 12/07/2020 - 05:13

Aassalam alaikumI have a question regarding home loans based on interest. Is it permissible in islam to take home loan from bank?

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Will it be still compulsory to clear my loan as per Islamic law.

Submitted by Salman on Sat, 06/06/2020 - 20:32

I have taken loan from a bank in Kuwait and asked them to make the installments for 24 months which the bank didn’t accept and changed it to 48 months which was a burden for me. I was paying off my monthly installments without any due for the past 10 months. But because of this Corona (COVID 19) I have been in lockdown for the past 3 months. In case if I …

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Interest free loan permissible in islam?

Submitted by Anonymous on Sun, 12/04/2020 - 19:24

If a person have idea about any business but he have no money to invest can he take intrest free loan to start business is interest free loan permissible in islam?

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Loan for Hajj

Submitted by Anonymous on Sat, 16/02/2019 - 11:23

We are planning to go to hajj but I am taking loan for that which I will return back before travelling for Haj. Is it allowed in Islam to do that?

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Inheriting Haram wealth from the father

Submitted by Ali on Wed, 16/01/2019 - 16:30

Aoa,One of my female colleagues’ father was a drug dealer who died a few years back. Is it halal for her to use/invest her father’s inherited wealth for food, shelter, clothing and academic purposes, given that she is not independent and has no other source of income? If yes what precautions should she take? and in case of a no, which other options should she consider?Thank you and May Allah bless you …

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how Loan Interest converted to Ujrah is Halal

Submitted by Anonymous on Sun, 21/10/2018 - 13:47

Assalamu’alaikoom Ya Mufti, Please kindly explain to me why a conventional loan annuity interest that is originally Haram due to Riba can change to Halal after the said interest is converted to Ujrah and the said Loan Transaction is converted to the ‘Aqad Ijarah. Jazakallah khair.

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Loan From Bank

Submitted by Anonymous on Tue, 31/07/2018 - 15:23

I wanted to ask that a family member of mine took personal loan from of 3 lac from bank using my details.The agreement made at that point was that my account will only be used to apply for the loan where as the loan amount and all the installments along with interest will be paid by her. At that time i had no idea that interest taking and giving is haram in …

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educational Loan With Interest

Submitted by Anonymous on Mon, 25/06/2018 - 12:34

Assalam U Alaikum. I am a Muslim brother. I am a student of engineering,also siblings are students of different level. Due to high poverty and having no source of income I need financial support, for which I m seeking for loan somewhere. As far as I know no man can give me such a support, therefore I m compelled for to take loan on interest base. because here my family life include …

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