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Showing questions from category : Financial Transactions
Question:
I have invested in Life Insurance Policy for the purpose of saving Taxes. My intention is that I will retain the original amount invested by me and will donate the interest from this Policy. In this situation, is it permissible for me to invest in Life Insurance Policy?
Question:
My brother works for a bank. Occasionally, we lend and borrow money from each other and later on give it back. I wanted to know, it is permissible for me to borrow or lend money to my brother?
Question:
I gave 60,000 rupeese to my father in law as debt so he can get rid of bank loan. now i know that he is unable to pay back my money.
Question:
can fines be paid wih intersest money
Question:
We have given apartments for rent. Some times the tenant dose not pay the rent according to the agreed date. Is it ok to take fine? Beacuse if are taking a fine then they will be forced to pay the rent before due date. Will taking fine be riba?
Question:
I have a question with regard to the Fatwa # 16154 from India .I am very confused about insurance matters specially health insurance. I live in America . My husband works for a company that provide us health benefit. Both company and my husband pay monthly to the health insurance company(Cigna).
Question:
I gave a loan of a large sum of money to my fiance before we beacme engaged. Personally I am not in a rush to ask for it back until I need it, however Islamically does the amount have to be paid back…
Question:
If a vehicle is sold to you at the market price which is also obviously the market value of the vehicle, you finance the item through an Islamic Bank who technically purchase the vehicle from the dealer and sell it to you at a profit.
Question:
Please reply at alinaam@alinaam.org.za
Question:
Normally a shopkeeper doesn’t know whether the amount they receive for their goods is from halaal source or not. so in this case is it permissible for them to do business?….if they are sure the product that they are going to sell will be used in a haraam act or business by the buyer. e,g a shopkeeper sells bottles….
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