Fixing a percentage on a loan?

Question: loan of up to Rs. 4,500,000 is being given for the construction and purchase of houses and flats, and the repayment period is up to 20 years. The inte..

What is the ruling of taking benefit from a loan?

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

Answer: loan in its nature. And both receiving profit on a loan and participating in a lucky draw (due to the loan) are forms of receiving profit (i.e. intere..

What Is The Ruling On Buying A Digital Prize Bond ?

Answer: loan. This is supported by the fact that the DPB holder grants permission to utilize this money, and upon withdrawal, they can receive an equivalent a..

Is It Necessary To Repay A Loan Borrowed From A Son Or Brother?

Question: loan to his father and brother, will it be necessary for them to return it? His father, who is financially well-off, claims that whatever belongs to t..

The Ruling On The Sacrifice Wajib For A Person Having No Cash

Answer: loan or selling some of his belongings. (Fatawa Razawiyyah, vol. 20, p. 370, Raza Foundation, Lahore) It is mentioned in Waqar-ul-Fatawa: Sacrific..

An important ruling on putting a child up for adoption

Answer: loan; hence, he is not even deserving of the amount being returned. (Fatawa Razawiyyah, vol. 13, p. 413) وَاللہُ اَعْلَمُ عَزَّوَجَلَّ وَرَسُوْلُہ اَ..

What Is Shariah Ruling For A Partner Who Wants To Sell A Co-Owned Plot While The Other Refuses To Do So

Answer: loan/ liability) through inheritance or sale or any other means.(Tanveerul Absar Ma Durrul Mukhtar, Vol 04, Page 299, Beirut) In Shirkatul Milk a ..

Purchasing Gold Jewellery In Exchange For A Gold Bar

Answer: loan will be haram and usurious. In the above-mentioned scenario, the gold which is given in exchange for the jewellery is more than the gold pres..