Receiving Benefits On The Condition Of A Specific Amount In A Current Account Is Interest

Answer: conditional benefits on a loan is considered interest, whether the benefit is in the form of money, tangible items, or other advantages. Hence, accord..

Ruling on Working for Less Due to Having Taken a Loan

Answer: loans: قول منقح ومحرر و اصل محقق ومقرریہ ہے کہ بر بنائے قرض کسی قسم کانفع لینامطلقاً سودوحرام ہے،حدیث میں ہے، حضورسیدعالم صلی اﷲ تعالیٰ علیہ وسلم ..

Purchasing Gold Jewellery In Exchange For A Gold Bar

Answer: loans for this. Note: It is important to keep in mind that there is a difference between the rulings of impurities and pearls. Impurities are mix..

Ruling On Imposing The Loss On The Borrower Due To Late Repayment

Answer: conditional when taking the loan, as she had said, “we will give you some profit as a gift when repaying after three months.” Thus, the extra amount i..

Ruling on Buying at a Discount Due to a Loan Given

Answer: conditional profit on a loan which is impermissible, a sin, and Riba. This is because any conditional profit attained on a loan is riba, whether the c..

Ruling On Availing Free Services Without Specific Account Balance?

Answer: conditional on a loan, and it is permissible to avail these services. However, if the benefits are provided with the condition that a certain amount m..

Fixing a percentage on a loan?

Answer: conditional profit on the loan and according to Hadith, the conditional profit on a loan is Riba (usury); just as it is unlawful (Haraam) to take Riba..

What is the ruling of taking benefit from a loan?

Answer: loans is that the amount to be returned should be exactly as the borrowed amount. If the repayable amount is set to be higher than the borrowed amount..

Ruling On a Partnership with Disparity in Capital but Equality in Profit and Loss

Answer: conditional upon one of them, and it is stipulated that the working partner will receive more profit than his capital proportion, such a condition is ..

Is It Necessary To Repay A Loan Borrowed From A Son Or Brother?

Answer: loans money to his father should recognize that his current state, as well as any future success and blessings in this world and the hereafter, are in..