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…

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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?

Imam Forgets Takbirat in Id Salah

Is dropshipping permissible?

Using CBD drinks for medical reasons

Two-tiered inheritance query

Is subleasing permitted? What are the conditions and requirements?

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