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Darul Fiqh Darul Fiqh
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Posts by tag

interest

4 posts
  • 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…
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  • Commerce, Finance & Investments
  • Q&A
  • Schemes & products

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…
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  • Commerce, Finance & Investments
  • Q&A
  • Schemes & products

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…
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  • 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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