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

Question: repay the loan...

How To End A Loan Dispute When There Are No Witnesses To Repayment?

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 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..

Repaying debt at the present value

Question: repay it, is it compulsory for him according to Shari’ah to repay only a million [rupees] or does he need to repay more amount of money according to t..

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 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: repayment period is up to 20 years. The interest rate has been fixed at 12% which the borrower has to pay in addition to the original borrowed amount...

What is the ruling of taking benefit from a loan?

Answer: repayable amount is set to be higher than the borrowed amount, this will be considered interest. Taking and giving money in this manner is unlawful (H..

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

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