Tag Archive for: loan

Is It Permissible to Open a Current Account with an Overdraft Facility?
Answered by Shaykh Muhammad Carr
Question
I want to open a…

Is a Loan That Charges a 1% Fee for Lending Permissible?
Answered by Shaykh Muhammad Carr
Question
For a student visa,…

Should I Strive to Pay Off My Interest-Based Student Loan Sooner?
Answered by Shaykh Yusuf Weltch
Question
Should I continue…

Can I Adjust a Loan Repayment for Currency Devaluation?
Answered by Shaykh Bassem Itani
Question
If I lent money…

Is It Permissible to Take an Interest-Free Loan Through Deception?
Answered by Mawlana Ilyas Patel
Question
Can I take an interest-free…

The Fiqh of Zakat: Benefit, Intention and Calculation
Imagine a beautiful garden with plants and flowers. It is essential…

The Fiqh of Zakat: Nisab, The Lunar Year, Advance Payments, and The Hashimi
Imagine a beautiful garden with plants and flowers. It is essential…

Can You Buy a House with an Interest-Based Loan If Necessary?
Answered by Shaykh Dr. Muhammad Abu Bakr Badhib
Question
Is…

How Does Islamic Banking Differ from a Regular Home Loan?
Answered by Shaykh Muhammad Carr
Question
How does an Islamic…

Can I Assist a Franchisee in Securing a Loan From an Advisor?
Answered by Mawlana Ilyas Patel
Question
I hope you’re doing…