Q: I asked the bank to change my account from profit and loss to current account and stop sending profit to me. They told me that they cannot and told me to make a new account, which I cannot do due some reasons. It is okay if I give the interest money to poor people?
Q: My municipality water account has run high due to unforeseen reasons. The amount is not a substantial amount. I am old and currently receiving pension. It will take me many many years to pay it off. Please advise if interest money can be used to pay it off.
Q:
1. If I borrow a certain amount of money from a person with the intention of paying back the exact amount to my lender but the money that has been lended to me is money that has been borrowed by my lender that has agreed to pay back with riba to his lender. Can I use the money knowing this?
2. If I lend a person money but the person pays back my money from borrowing from another person with riba? Can I accept?
3. If a person gives me a gift but I doubt if the gift is bought from haraam money. Can I take it?
4. I lend someone $180 but they pay back me $200 without me asking can I keep?
Q: The profit which a bank monthly offers against bonds/certificates is halaal or not?
Q: The road accident fund agrees to pay a person involved in a motor vehicle accident R100 000 for general damages. This agreement is taken to the high court so it can be made into a court order. The court order is made on 1 january 2017 that the road accident fund will pay the person R100 000. The court order further states: "In the event of the aforesaid amount not being paid timeously, the defendant shall be liable for interest on the amount at the rate of 10.25% per annum, calculated from the 15th calendar day after the date of this order to date of payment." The road accident fund pays the amount after 6 months of the court order and therefore interest is also received on top of the R100 000.
The question is: Is this extra amount received interest according to the shariah?
Q: Woolworths offer a credit card for R69 per month. The benefits are that a person gets free delivery on all orders online.
Secondly, every purchase one makes with the card accumulates 3% cash back. Would it be permissible to use this card, not earn interest nor pay interest, but use the free delivery extensively as well as the quarterly cash back.
Q: Someone has committed fraud against me and stolen my money. I also have an account that accumalates interest which I dispose as charity. Based on what has happend, can I take the interest money an replace with the money I lost?
Q: I have both a current account as well as a savings account at the same bank. On both the accounts, the bank levies bank charges, but the savings account is interest-bearing.
In this situation, can the interest received on the savings account be used to pay the charges levied on both accounts by the bank?
If not, then to whom should the interest be given? Can it be given to non-Muslims and even to street beggars or beggars knocking on doors every week?
Q: I have opened an account in a bank and it offers a free ATM card. One of the features is that if you keep Rs. 25000 in your account then whenever the amount falls below 25k, a certain amount gets deducted on each transaction u make in that month in which the total balance was below 25k. Is it permissible to use such a bank account ?
It is not a saving account but free services like ATM, bankers cheque, sms banking are provided if a certain amount i.e. Rs. 25000.
Q: My mother passed away. She used to give loans and charge a percentage when people pay back. Is that money halaal for us according to the Shari’ah? What should we do?