Q: I was given money for five years investment by one of my friends but there was no written agreement. It was only verbally discussed. Now my friend passed away and he is unmarried. His family are all well off and they don't even know about this matter. I can't pay before five years but I can pay this amount in monthly installments. Can you guide me on what should I do?
Q: I’m in a deep and serious problem with which I need some guidance. I’m in a deep debt, owing few private individuals money and I’m owing the bank also. I’ve realized the evil of riba and sincerely made and continue making taubah and asking Allah to for help to come out of debt.
Currently I’m paying little here and there just so that I pay the monthly installments as not to get into problems. Now the main concern is the private individuals are putting pressure that they need their money and I’m unable to pay them.
My question is:
Can I take another loan from the bank (as it is I am already in riba owing the bank) to pay the private individuals so that I will have only 1 debt after that and I can concentrate nicely and try as quick as possible to pay that amount off.
The way it is, paying little all over is not helping, it’s been carrying on like this for the past 2 years already and the loan is not coming down.
Q: I borrowed 40000 US dollars from a friend of mine in America in 2008, which was equal to Rs 2500000 at that time. Our verbal agreement was to return the money in dollars. I could return $33000 through money changer, then there was a ban to transfer of dollars to another country. My friend passed away in America. I informed his family about the remaining amount and requested to collect that through someone travelling to Pakistan. After that there was no answer. I sent a registered letter on the given address but that letter returned to me as there was nobody to receive it. There had been correspondence on that address. I tried to trace them by other means but could not find them. Three years have passed. The Dollar rate has increased more than double. Please advise me in this regard.
Q: Ten years ago, there was a businessman whom we would deal with. Eventually, he became bankrupt and ran away. There are many people who he owes money to. I owe a certain amount of money to this person. Can I give the amount to someone who he owes money to so that I become absolved of my debt?
Q: I have a debt with my friend. He payed for a bowling event and I was supposed to pay him back. I've been wanting to pay him back but everytime I tried to pay him back he said that we will talk about it next time. However he did not say he will forgive my debt. How am I supposed to deal with this? I know that having a debt and not paying it can be a hurdle for me to enter heaven. If I donate it to the mosque will it considered as done? My previous teacher told me that as long as the person is still alive, I have to pay him. Its been a year already.
Q: If a person is paying someone in instalments for a house. What should be done if the creditor passes away before all the instalments are paid? Who should the outstanding instalments be given to?
Q: I want to ask a question about qarz. Once when I was younger like 10 years old, I asked my friend for some money and he gave it but today I heard if you don't pay back the money, you are in trouble with Allah Ta'ala and are going to get punished after death but I am pretty sure that friend said he doesn't need the money and I don't have to repay him because he's my friend so do I still have to pay him his money back? It was like 1 pound only.
Q: I am living in a GCC country for the past 20 years. I didnt have enough understanding with ribaa and was having bank loans and credit cards. In early 2008 I performed hajj and made alot of tobah with ribaa and after that I had chances but didnt take it anymore. Later my business got collapsed I got bankrupt and I couldnt repay bank loans. Since that time i owe banks money And my full intention was to repay the money somehow but I got total loss and now I am just jobless for around 2 years now in dire constraints completely. I want to ask you that if I leave the country without paying back the loans what I have trying hardest for the last 7/8 years...and there is no way to return and I am getting worse situation. Will I be held responsible or is it gonna be sin if I leave without paying as per my financial situation.
Q: I borrowed a person 100 000 Rands which he has not paid. I take out sadaqah every month of 5000 Rands. Can I take that sadaqah for myself and offset it off his account? If he does pay one day, then I will give that away as the sadaqah?
Q: I have taken a loan from some people. I have also done coaching under some teachers without paying them. It has been quite some years (i.e. almost 4) and now I have the capability to pay them back. But unfortunately, as I am seeing, some of them whom I have met to return their deserved money, they do not want to take it back! I had to beg them to accept the money. They just would not take it! They say, "Never mind, you don't have to give it back. Oh come on! Leave it. I have a lot of money, I do not need to money," and so forth. I feel that if they do not take it back that means I have not paid them the money back! So, after a long request they do. Please help me! I am about to meet my teachers and they are probably going to win! What will I do afterwards! What can they do instead of taking the lent money? Please help me Shaikh. Jazak Allah khair in advance. Please help me out!