A Scenario In Which Profit On Bonds Issued By A Private Bank Becomes Ribah

Answer: interest) on a loan. And it is impermissible and Haram. Allah the Almighty says in the holy Quran: اَلَّذِیۡنَ یَاۡکُلُوۡنَ الرِّبٰوا لَا یَقُوۡم..

Ruling Regarding taking extra money for late payment in a Committee?

Answer: interest (Riba), which is strictly impermissible and Haram. Taking extra money for delaying the installment payment is interest (Riba). As it is s..

What is the ruling of taking benefit from a loan?

Answer: interest). As such, you cannot adopt this method. This is because according to the Shari’ah, the money that you will give to that individual is consid..

Ruling On Availing Free Services Without Specific Account Balance?

Question: interest (riba)?..

Price difference between cash sale and credit sale

Question: interest. Please guide us about it from Shar’i point of view...

What to do if Halal and Haraam are mixed in inheritance?

Question: interest and bribes are included in it as well. It is known that some of the money was received as bribes from so-and-so person (who is still alive) b..

Ruling Regarding Buying Back a Sold Car

Answer: interest even if the price has reduced.(Durrul Mukhtar Vol 07, Page 268, 269, Quetta) While explaining the above text the book Raddul Muhtar menti..

Is It Permissible To Rent Out A Property To A Bank?

Question: interest-based transactions are made?..

Does A Receipt In One’s Name Count As Possession Of The Item

Answer: interest-based transactions. However, it is always essential to meet all the basic requirements and conditions of a legitimate sale. Definition of M..