Islamic Finance & Banking Archives

Is it permissible to open a current account in a conventional bank?

Question: Is it permissible to open a current account in a conventional bank? [Question Published as Received] The Fatwa In the Name of Allah, the Most Gracious, the Most Merciful…

Using an offset mortgage with equal savings to the loan value

Question: Could I take out an offset mortgage whereby i would avoid paying any interest on the loan if i’m certain that my savings will always be equal to or…

What makes a contract Shari’ah compliant?

Question: What are the requirements for a valid contract to be Shari’ah compliant and valid? Answer: In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi…

I am having difficulty paying for a car I purchased on credit. What are my options?

Question: I purchased a car on credit & now find it difficult to pay? I paid £1000 and have £9000 remaining? What do I do? What options does Shariah give…

Are there any Halal and Shariah compliant mortgages in the United Kingdom?

Question: Are there any halal and Shariah compliant mortgages in the United Kingdom? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The Answer:…

Can a Lender Demand A Loan Repayment Prior to Maturity?

Question: Can a Lender Demand A Loan Repayment Prior to Maturity? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The Answer: According to…

Is it Permissible to Purchase a House Via Al Rayan Bank?

Question: Is it Permissible to Purchase a House Via Al Rayan Bank? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The Answer: The…

Are there any Halal and Shariah compliant mortgages in the United Kingdom?

Question: Are there any halal and Shariah compliant mortgages in the United Kingdom? In the Name of Allah, the Most Gracious, the Most Merciful.As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The Answer: It…

chat

Islamic Finance & Banking

Is it permissible to open a current account in a conventional bank?

Using an offset mortgage with equal savings to the loan value

What makes a contract Shari’ah compliant?

I am having difficulty paying for a car I purchased on credit. What are my options?

Are there any Halal and Shariah compliant mortgages in the United Kingdom?

Can a Lender Demand A Loan Repayment Prior to Maturity?

Is it Permissible to Purchase a House Via Al Rayan Bank?

Are there any Halal and Shariah compliant mortgages in the United Kingdom?

If I use scented soap in Ihram, do I have to give Damm?

Are inverse ETFs, stock options and naked options permissible?

Consuming Medication in Porcine Gelatine Caspules

Where should Damm and Sadaqa for Ihram violation be paid?

Can I work in the Risk and Compliance department of a conventional bank?

Subscribe to Our Newsletter

Follow Us