Q: My friend asked me for a loan of R10 000. He said that he will pay me back the R10 000 after a week. There is no extra amount that I asked him to pay over and above the R10 000. However, since he asked me to eft the amount to him through which my bank will charge me R7, I asked him to pay my bank charges i.e. to pay the R7 which my bank will be charging me to do the eft. Is it permissible for me to take the R7 from him for the eft charge?
Q: My friend asked me for a loan of R100 000. He asked me to bring the money to him. I live in Pmb and he lives in Durban. Is it permissible for me to ask him to pay my petrol money for me to bring the R100 000 to him (i.e. R200)?
Q: My daughter works in a health company. Few days back one of her colleagues asked for 1000 dirhams from each person to give daman company and in return they will get 2500 all together. So she also gave without thinking how this works. Later when asked, we came to know that it’s a reimbursement of a fake bill of Ayurvedic treatment which is included in her insurance card but she didn’t actually do any such treatment. Now it’s time to get the given 1000 dhs plus extra 1500 dhs (reimbursement).
Is it permitted in Islam to use that money? What do I do?
Q: If I have a choice on whether my bank account will earn interest or not which is better to choose? If I earn the interest I will donate it to the poor and someone will benefit. If I don’t take the interest the bank will benefit.
Q: Is it permissible to build an online platform where gaming organizations can host skill-based tournaments and charge an entry fee per slot? I am not playing the game myself — I am only providing the technology as a service and taking a small platform fee. Is this halal?"
Q: I host tournaments on a game called Fortnite. People pay me a fee. Everyone to take part in these tournaments, and I pick a few of them every weekend to take part in the tournament. I give the top 3 prizes and sometimes cash rewards, prizes like perfumes, clothes etc.
Is this what I am doing halaal earned money, I make profit of this too.
Q: Is it permissible to have a Capitec bank account? All Capitec bank accounts (global one) pay out interest regardless of the account type. It's not possible to stop this even if one asks them.
Is it permissible to open this account? Then to give away the interest to some poor people or relief organisation without hope of reward.
There are other banks who have interest free accounts.
Q: Could you please advise on the permissibility of using the "Entertainer" app that FNB offers free to account holders?
1. The app gives discount vouchers, discounts and offers e.g. buy one get one free at entertainment places or a discount of 20% off a drink or meal etc.
2. It is not sold separately to FNB clients and there is no extra monthly fee, just the standard bank account fees.
Q: I am an Attorney specialising in conveyancing.
As part of the process, certain debts need to be paid by sellers before transfer is taken and the money is paid for them.
Hence there is a service by third parties called bridging finance. They essentially give a seller a loan against the impending purchase price coming in. This service is probably a riba based model.
I only refer non-Muslim clients to them. For that referral, the third party offers me a referral fee. Is that referral fee halaal for me ?
Q: Before our marriage, my wife financed a car with an interest-bearing loan. I am not on the loan or title and had no involvement in the original contract. After marriage, I voluntarily began making the monthly payments. About $15,000 remains.
Recently, I became concerned that making these payments may involve me in riba, so I offered to pay the entire balance immediately. My wife asked me to continue the regular payments for two more months because of a pending diminished-value insurance claim. I made one more monthly payment, despite being financially able to pay off the loan.
My questions are:
Am I sinful or considered the “payer of riba” mentioned in the hadith because I make payments on my wife's interest-bearing loan, even though I am not the borrower or owner? Was I sinful for making another monthly payment after I was able and willing to pay off the loan in full?