Collateral vs. Mortgage: The Shariah Perspective on Debt Security
Question: If I give 2 Lakh rupees to a homeowner and stay in his house without paying rent, how can […]
Question: If I give 2 Lakh rupees to a homeowner and stay in his house without paying rent, how can […]
Question: When the deceased passed away, the people who were alive at that time were: a younger daughter, and from
Question: In my house there are only my wife and myself. We have no children. My parents are not alive,
Question: A father enrolled his son in a private institution under a “no-cost EMI” scheme believing there was no interest.
Question: Nowadays banks issue ATM cards. If the account holder dies in an accident, the bank gives an insurance amount
Question: In a provident fund system where interest is added to savings, can a person estimate and separate the interest
Question: Can parents divide property among children while still alive? If yes, how? Answer: While alive, inheritance rules do not
Question: 25 years ago, when I went abroad for my studies, I took a loan from a bank in another
Question: I drive an auto-rickshaw. I am not a fisherman. But I have joined the Fishermen’s Society, and I receive
Question: A man bought all properties in his wife’s name and then died. He has one son and six daughters.
Question: A person from Saudi Arabia participates in a savings scheme in STC Bank. The scheme works like this: You
Question: He owns a motorcycle shop. A bike costs 6 lakhs. The buyer pays 3 lakhs upfront and asks to
Question: I took loans with interest and did business. I fell into the sin of interest and now I am
Question: In conventional bonds, money is lent and interest is paid. But in Sukuk, investors become part-owners and share in
Question: Is purchasing goods on 0% EMI permissible or not? Once you said EMI has no interest; they only take
Question: We have taken an insurance policy in the post office. After the specified maturity period, they will return the
Question: It is said that medical and vehicle insurance may be permissible because the insured does not receive a direct
Question: Due to financial difficulties, another person buys goods (clothes) for him and supplies them with added profit. He is
Question: He (the questioner) asks about jewelry shops in Singapore where customers pay a fixed amount every month as instalments,
Question: In clothing shops, textile stores, or online shopping, sometimes they advertise offers like this: For example, if you purchase