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 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..

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..

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

Answer: loans, writes: ”لانہ یستوفی دینہ کاملاً فتبقی لہ المنفعۃ فضلاً فیکون ربا“ Translation: Since the lender will receive back the full amount of the ..

What If Both Partners Work But Only One Invests

Answer: loans to the partner, the partner will have to pay back to him”(Bahar-e-Shariat, vol. 3, p. 4, Maktaba-tul-Madina Karachi, Summarized) Imam Ahle-S..