interest

Q: What about the cars or houses which we buy from banks or on instalments?

Q: I own a riba house and want to get rid of it for free. Problem is, my sister lives there who refuses to sell, parents are arguing with me not to sell and my wife wants to either repossess the house or she wants a share. Please give me your opinion.

Q: About buying a house in the UK on interest (sood) mortgage. One mortgage is standard and one is Islamic. In stranded the bank will show you how much interest you will pay and in Islamic the bank will show you how much rent you will pay. But many people and Ulama say that Islamic mortgage is also same as standard mortgage. Because you want to buy house that you don’t want to pay rent to council or to the owner then why should you pay it to Islamic mortgage and one of my friends has spoken to a mortgage adviser about both mortgages and he said that both mortgages are the same, the only difference is in the name.

Q: I have taken an Islamic Shari'ah loan from standard chartered bank Bahrain. I want to go for umrah. Tell me, is my loan halaal or haraam? Can I go for umrah or not? If the loan is haraam, then I have done a major sin. How can I  face my Allah and Hazrat Muhammad (Sallallahu Alayhi Wasallam)? Please answer me me thoroughly.