Is the Islamic Account Offered by Lloyds Bank Shariah Compliant?
Question: Does the Islamic (current) Account offered by Lloyds Bank contain interest and is it permissible? In the Name of Allah, the Most Gracious, the...
Question: Does the Islamic (current) Account offered by Lloyds Bank contain interest and is it permissible? In the Name of Allah, the Most Gracious, the...
Question: Is The Profit and Loss Account Used For Zakat Calculation? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi...
Question: Can I Have an Interest bearing Bank Account in Order to Donate the Interest to Charity? In the Name of Allah, the Most Gracious,...
Question: Are Overdraft Facilities in Bank Accounts Permissible? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The Answer:...
Question: Is Zakat payable on Fixed Term Deposit accounts in Islamic Banks managed under Wakalah? In the Name of Allah, the Most Gracious, the Most...
Question: Are Deposits Held in an Offset Mortgage Account subject to Zakat? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum...
Question: Are ISAs Shariah compliant? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The Answer: Individual Savings Account...
Question: Is it permissible to benefit from the incentives offered for switching to a Reward Current Account with Halifax? In the Name of Allah, the...
Question: Is the Rewards Account in Natwest Bank Shariah compliant? Answer: In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi...
Question: How would a couple calculate Zakat on a joint account? Answer: In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum...
Question: A traveller (musāfir) was robbed whilst travelling and lost the means of his return home. He has wealth equal to nisaab in his own...