interest Archives - Darul Fiqh

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

Question: Can I work in the Risk and Compliance department of a conventional bank? [Question published as received] The Fatwa In the Name of Allah, the Most Gracious, the Most…

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…

Q&A
Worship

Can interest money be used to pay parking fines?

Question: Can interest money be used to pay parking fines? Answer: In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The receiving and giving…

Are Overdraft Facilities in Bank Accounts Permissible?

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: If you withdraw more money…

Is the PayPal Working Capital Cash Advance Shariah compliant?

Question: Is the PayPal Working Capital Cash Advance Shariah compliant? In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. The Answer: The PayPal Working…

Research & Essays

Research Paper: Shariah Analysis of Contingent Convertible Bonds (CoCo)

Coco bonds are different to regular convertible bonds in that the likelihood of the bonds converting to equity is “contingent” on a specified event. They carry a distinct accounting advantage…

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interest

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

Using an offset mortgage with equal savings to the loan value

Can interest money be used to pay parking fines?

Are Overdraft Facilities in Bank Accounts Permissible?

Is the PayPal Working Capital Cash Advance Shariah compliant?

Research Paper: Shariah Analysis of Contingent Convertible Bonds (CoCo)

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

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

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?

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