Fixing a percentage on a loan?

Question: interest rate has been fixed at 12% which the borrower has to pay in addition to the original borrowed amount. For example, if someone has taken 1 mil..

Price difference between cash sale and credit sale

Question: interest. Please guide us about it from Shar’i point of view. ..

What Is The Ruling On Buying A Digital Prize Bond ?

Answer: interest-based bond. The stipulated profit earned on it is interest. Therefore, buying it is impermissible and Haraam. In the case of a Digital Pr..

A Scenario In Which Profit On Bonds Issued By A Private Bank Becomes Ribah

Answer: interest) on a loan. And it is impermissible and Haram. Allah the Almighty says in the holy Quran: اَلَّذِیۡنَ یَاۡکُلُوۡنَ الرِّبٰوا لَا یَقُوۡم..

What is the ruling of taking benefit from a loan?

Answer: interest). As such, you cannot adopt this method. This is because according to the Shari’ah, the money that you will give to that individual is consid..

What to do if Halal and Haraam are mixed in inheritance?

Question: interest and bribes are included in it as well. It is known that some of the money was received as bribes from so-and-so person (who is still alive) b..

Ruling Regarding Buying Back a Sold Car

Answer: interest even if the price has reduced.(Durrul Mukhtar Vol 07, Page 268, 269, Quetta) While explaining the above text the book Raddul Muhtar menti..