Category : Loans and debts

  • Bequest for an heir

    Assalamu alaykum, My husband passed away last month cause of cancer. During his life he told his lawyer that all debts due to him should be given to me. Now that he passed away, will I be entitled to receive all these debts? ...

    27 Feb 2018 Ref-No#: 431
  • Paying off the debt of the deceased

    Assalamu ‘alaykum wa rahmatullahi wa barakatuhu Mufti Sahab, Recently a brother passed away (rahimahullah), and we’ve been informed that he left behind a debt of 180’000 euros to privates and 200’000 to business/bank (I don’t know precisely). Now, the widowed “wife” is...

    26 Feb 2018 Ref-No#: 302
  • Purchasing something re-possessed by the bank

    Assalamu alaykum Mufti, I would appreciate if you could kindly assist with the following:What is the ruling of repossessed items? Is it permissible to purchase re-possessed items from the bank? What is a person already purchased such items? Thanks ...

    26 Feb 2018 Ref-No#: 276
  • Seller knowing that the customer is paying with money loaned from the bank

    Assalamu alaykum wa rahmatullahi wa barakatuhu If a buyer pays with a cheque, and the seller knows that the buyer took a loan from the bank to pay for his goods, will it be permissible for him to conclude the deal? Likewise, if I sell cars and I know the customer is financing it thr...

    26 Feb 2018 Ref-No#: 242
  • Sellers knows money is from bank

    Assalamu alaykum, If a buyer pays with a cheque, and the seller knows that the buyer Took a loan from the bank to pay for his goods, will it be permissible for him to conclude the deal? ...

    26 Feb 2018 Ref-No#: 236