Islamic banks
Q: I live in UAE and is it possible to get a loan from an Islamic bank. What is the difference between Islamic banking and conventional banking because both are offering same kind of products.
bank
Umbilical cord banking
Q: What does the Ulama say about umbilical cord banking? Nowadays some people from hospital take away the newborn childs umbilical cord by saying that it will be preserved and used for the same baby in case of any serious disease in the future. How is this right for society and upto what extent?
Islamic banks
Q: Is it permissible to saver money in a savings account in an Islamic bank? We are only using the actual money which we have saved. Whatever savings profit we receive from the bank, e.g. 2% etc. will be given to the poor
Option of purchasing a car from the bank after renting it from the bank
Q: Islam banks are giving away cars on the principle of Ijarah.
The bank buys a car and gives it to you on a monthly rent specified in the contract. The bank also keeps a security deposit. The ownership of the car remains with the bank during the rental period. You have the option to return the car at any point in time and get your security deposit back but the bank charges you a certain amount of money if you return the car before the expiry of the rental agreement duration specified in the contract. At the end of the rental agreement, you can either return the car and get your security deposit back OR get the ownership of the car transferred in your name in which case you have to forfeit your security deposit and you might even have to pay an additional fee.
Is transfer of ownership at the end of a rental agreement is permissible in Islam?
Bank se loan lena
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 .
Taking a loan from a bank
Q: Can I take a loan from a bank for business purposes?
Selling or renting one's premises to a bank
Q: I live in India. I own a shop. I have to sell it. Can I sell it to a bank or can I give the shop on rent to that bank. Will it he halal for me?
Bank se qarz lena
Q: Me Barcelona Spain me rehta hon r taxi ka kam krna chahta hon kya me taxi licence kridne ke lye bank se qarz le skta hon karobar ke lye.
Bank ko zameen kiraaya par dena
Q: Kia bank ko jaga karaya par dana jaiz ha
Working in a bank
Q: Please tell me if bank job is halaal in Islam or it is prohibited in Islam because I am working in a bank department but my conscience is not satisfied so please guide me.