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..
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..
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..
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..
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..
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..
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..
Fixing a percentage on a loan?
Question: loan of up to Rs. 4,500,000 is being given for the construction and purchase of houses and flats, and the repayment period is up to 20 years. The inte..
If One Does Not Like The Clothing They Ordered Online
Question: return this clothing, or not? We found out from the store themselves by making a phone call, that the set we desired was in stock; due to this, an..
