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…