Helping widows with interest
Q: Is the income generated from interest based schemes permissible to use for widows who have no other source of income?
Q: Is the income generated from interest based schemes permissible to use for widows who have no other source of income?
Q: I attend pharmacy school in the United States. It's my first year and as you might know I had to take out a loan because of the tuition. The tuition is extremely high so for the loan I had to take it out on a interest rate. I have taken out 2 loans so far both on interest. I am not doing well in my classes and I am on the verge of failing and getting kicked out. I have been fed up with this and I think it's because my tuition involves interest that's why. I want to leave but I do not know what I would after leaving this school and my parents don't understand; they want me stay here but inside I do not want to. What should I do? Please give me advice.
Q: Is it permissible for one to take out a policy to insure one’s house or car? The contract that one signs obligates him to pay monthly premiums in exchange of the payout that he will receive in the event of a burglary or hijacking.
Q: My parents have interest mortgage house. But if one parent dies, does the debt and sin transfer completely to the living parent?
Q: I am a new Muslim and I had a medical insurance which I took before I became a Muslim which I am still paying. I have a medical condition in my heart which recently my insurance had covered the medical expenses when I needed it, since I didn't have any other means to pay for it at that particular time. Is medical insurance haraam?
Q: The question arises that few months ago my father had passed away after that there are no men in our family by which we can get financial support that is why some of the money that we are having are basically invested in the government scheme so the first question is that can we use that profit for groceries? We do not have any men in our family. Second question is that are we allowed to give zakaat from this profit?
Q: I have a question that I personally don't have any house or any land in any of the countries. We always hate interest and never did any business or anything else where interest is present. Our income is 100% halaal with an office job. If I buy a house with a mortgage in Canada for personal living with the niyyat of paying it off as soon as possible (within 5,7 years), is it permissible?
Q: On a buy to let ISA, for the amount saved in the ISA, the bank provides variable interest return which is haram however, as an incentive to save, the government provides £50 bonus for every £200 deposited into the account each month. Is this bonus something we can take?
Q: I would like to ask a question regarding the haraam riba banks. If for example a person deposited halaal money R100 into his account and lets say he used the ATM to deposit it. The bank lost it and did not credit him for it. Will this person when counting his halaal money that he put in so far, will this person still regard it as from his halaal money or should he not consider it at all? The next question is what happens if a bank subtracts money from your account unjustly for no reason at all, will I regard that subtraction from my halaal money or must I subtract it from the haraam interest money? I know interest is haraam and I'm trying to get rid of this haraam interest money.
Q: Is investing in a pension fund permissible?