May 6, 2020 | Interest
Conventional mortgages and proof of the impermissibility of interest Question Assalaam o Aliekum, I have question for mufti sb.: Is it permissible to buy a house in canada using mortgage? If yes, what is the ruling? who has given that ruling? and where can i find this...
May 6, 2020 | Interest
Interest taken from and given to banks Question The question is concerning interest which has severe warnings in the Quran and hadith for those who give or receive it. I was told that the interest which is haram (forbidden) in the Quran and hadith is that which is...
May 6, 2020 | Interest
Mortgage Question Asamualikum hazrat sahib one of friend has a house on mortgage for last fifteen years and he wants to do toba and doesn’t want to deal in RIBA any more what should he do that take him out of this? should he file bankruptcy and what he rent the...
May 6, 2020 | Interest
Student Loans Question Assalamualaikum, I need to know if it is permissible for me to take out interest based student loans to fund my education which I cannot afford otherwise out of pocket. Jazakallah. Answer بسم الله الرحمن الرحيم الجواب حامدا ومصليا ومسلما In...