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

Answer: loan in its nature. And both receiving profit on a loan and participating in a lucky draw (due to the loan) are forms of receiving profit (i.e. intere..

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Purchasing Gold Jewellery In Exchange For A Gold Bar

Answer: loan will be haram and usurious. In the above-mentioned scenario, the gold which is given in exchange for the jewellery is more than the gold pres..

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Ruling On Investing With A Condition Of Two Riyals Profit Per Piece

Answer: loan since the return of the full amount is agreed upon. Moreover, as due to this loan, Zaid is paying Bakr a profit of two Riyals per piece, it becom..

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

Answer: loan is considered ḥaram and interest. As for the borrower offering any additional money on her own, this too is not permissible to accept, because i..

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What Is The Ruling On Buying A Digital Prize Bond ?

Answer: loan. This is supported by the fact that the DPB holder grants permission to utilize this money, and upon withdrawal, they can receive an equivalent a..

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

Question: loan to his father and brother, will it be necessary for them to return it? His father, who is financially well-off, claims that whatever belongs to t..

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Ruling on Working for Less Due to Having Taken a Loan

Question: loan which you can pay back later, but in exchange for this loan, charge me 1000 rupees per acre for plowing my land. Now the question is, how is it f..

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Ruling On Availing Free Services Without Specific Account Balance?

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

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What Is The Ruling If One Forgets To Recite A Surah After Surah Al-Fatiha?

Question: return. The question in this regard is: (1) What is the emphasis on returning? If one doesn’t return even after remembering, will Sajda Sahw suff..

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