Category : Loans and debts

  • Forgot the people from whom the loan had been taken.

    30 Nov 2023 Ref-No#: 5572

    I have forgotten about some people from whom I have taken, with and without permission, money or equivalent goods and never returned. I have also forgotten the amount. What should I do in this situation? ...


  • Paying someone while knowing they will use the money to pay off interest-bearing debt.

    13 Jul 2023 Ref-No#: 5248

    I am writing to seek your guidance on a matter that has been weighing on my conscience. I work as a software developer for a client who runs a sunbathing studio. Unfortunately, there were some bugs in the app I created for the client, which resulted in a loss of revenue for him. I apologized to t...


  • Permissibility of Using HEC-HELP Loans for Tertiary Study

    23 Oct 2021 Ref-No#: 3833

    Assalāmu ‘Alaykum wa Rahmatullāhi wa Barakātuhu. Will you be able to write an article explaining the permissibility or impermissibility of taking out loans for students pursuing further/tertiary education? JazākAllāhu Khayrā ...


  • Mortgage, specific situation

    29 Jun 2021 Ref-No#: 3036

    Salam Dear Shayukh. Thank you so much for offering this service. My question is re: mortgages, but this question is perhaps quite specific to my circumstances. My father lives in a homeless shelter after he separated from my mum, renting via the UK council after he had to sell...


  • Enjoying Free Services against given Loan.

    17 Feb 2019 Ref-No#: 1367

    Aslamo-alaekum. As we all know ‘Riba/Usury’ is ‘Unjustified increment in borrowing or lending money, paid in kind or in money above the amount of loan’. If someone takes loan ($1000) from you and pay you back the same amount which is ($1000) after one year, b...


  • Loan Interest Hukm

    25 Oct 2018 Ref-No#: 1144

    Assalamu’alaikoom Ya Mufti, Please kindly explain to me why a conventional loan annuity interest that is originally Haram due to Riba can change to Halal after the said interest is converted to Ujrah and the said Loan Transaction is converted to the ‘Aqad Ijarah. Jazakallah khair....


  • Property investment

    15 Oct 2018 Ref-No#: 1095

    As Salaam Ua Alaikum. As one would invest in a company by buying shares and remaining a silent investor having absolutely no input in the day to Day running of the company and simply taking ones dividend at the end a particular period. (For example buying shares in Apple stock – you have no...


  • Bequest for an heir

    27 Feb 2018 Ref-No#: 431

    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? ...


  • Paying off the debt of the deceased

    26 Feb 2018 Ref-No#: 302

    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...


  • Purchasing something re-possessed by the bank

    26 Feb 2018 Ref-No#: 276

    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 ...