Assisting someone who seeks help to settle his loan with the bank with interest money
Q: Kindly advise if it is permissable to give money which was earned through interest to another person who seeks help to settle his loan with the bank?
Q: Kindly advise if it is permissable to give money which was earned through interest to another person who seeks help to settle his loan with the bank?
Q: We, in our family inherited shares in a private company. The company apparently pays interest to shareholders on their loan accounts. But is such interest permissible in accordance with Shariah? Kindly advise.
Q: If someone knocks your car and the it will cost you R15 000 to repair but you claim R30 000 from that person's insurance company but because of time you repaired it on your own and then the insurance company ends up paying you R25 000. Can you take the money?
Q: Can we save money in post office?
Q: I wanted to find out about the following to questions regarding interest.
1. Is it permissible to hire out people with interest money to repair potholes which the government supposed to do and are not doing so. Would it affect the maslah if the person who gave the interest money to repair the roads is also using the roads and taking benefit from this interest money?
2.Can a person use interest money to pay off the interest of a bond?
Q: I have a question regarding to state life insurance company whether the health insurance of this company is halaal or haram.
My 2nd question is that my parents took a loan from a insurance company about 1 lac. Now they are going to do sadaqa/aqeeqah of a cow from this money. Is this is valid?
Q: Can I use interest money for victims in Turkey and Syria?
Q: I have a tyre repair shop. I want to get this RMI Accreditation for it. Its like a motoring board and carries weight in the vehicle repair and service industry.
One of the requirements in order to be accredited is that I must have a 3rd party insurance to the value of 500k. So if something happens to the customer's vehicle in the shop or a customer's vehicle gets stolen or damaged, etc. the insurance will cover the vehicle.
So the insurance won’t be for my business, it will only be 3rd party to cover the customers vehicles, etc.
Is it permissible to take out that insurance to get the accreditation or must I stay away from it completely.
Q: A family member's car was stolen. They are getting paid out by the insurance. They have been accredited for Hajj today. Can this insurance money be used to perform Hajj?
Q: I have a workshop where I repair vehicles. In order for me to be accredited I have to take out a third party insurance in case any customer's vehicles get damaged at my workshop. If I do not take out this third-party insurance, I will not get accreditation.
Is it permissible for me to take out this third-party insurance?