loan

Taking a loan to send one's father for Umrah

7 years ago By user2

Q: My father had made arrangements for umrah. The process went as far as getting to the airport. By the will of Allah, his passport and documents were mislaid at the airport. All efforts were made to find them but because of time constraints, the rest of the group had to continue with the blessed journey and my father could not go.

1. In terms of sawaab, will my father receive the full sawaab?

2. My siblings and relatives had initially all contributed towards the cost of the trip. Due to love and emotion, I wish to send him in a few months time. Is it permissible for me to take a loan to pay for his trip and then I will settle the loan as my own? Should I make it known to him if the loan option is allowed?

Bank se loan lena

7 years ago By user2

Q: Maine bank se apna ghar girwi rakhke ak loan li hai. par nai us loan ki jo interest hai wo na chukane par hume apne ghar chorne par rahe hai. Kya ye haram hai. Property Ki daam ke hisab se loan ki amount zyada hai .

Subsidizing a loan sanction by the government

7 years ago By user2

Q: I want to know about subsidizing loan sanction by the government under some scheme to minorities. It is the scheme run by the government on certain sectors. The scheme is:

25% amount of the scheme will be paid by the government and 75% of the loan will be directed to any bank to pay on interest. If we calculate the interest repayment it comes to nearly 25% which is already paid by the government. It means we get a loan with no interest and we have to pay only the principle amount. This type of loan scheme is only for particular sectors and eligibility criteria. As these types of schemes are particularly for minority community and many Muslims involve in it. Can this be halal? Please enlighten to us.

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