Giving debtors interest money
Q: Some people have borrowed money from me but are not repaying. Can these borrowers be given interest money I have accumulated as a replacement as I cannot keep interest money.
Q: Some people have borrowed money from me but are not repaying. Can these borrowers be given interest money I have accumulated as a replacement as I cannot keep interest money.
Q: My question is interest. You may know within the UK that university fee is £9000 and to take student loans it includes interest, I understand the punishments of doing so but my parents don't if I do tell them they'll take it lightly. My parents have high aspirations for me to go to university and they are not able to fund me like not able to afford it but student loan with interest is haram is there no alternatives or is that it I can't go to university. Please could you provide me with advice. It would be really helpful. May Allah Ta'ala bless you all and accept all your duas ameen.
Q: I have an education saving account at the bank. Basically, we deposit money every month for education, and on top of that, the government puts 2.5% without us asking for it. Is this considered as interest?
Q: I am a divorcee and I want to buy a house with a riba-based loan. I know it's haraam but there is no other option as I live in a non-Islamic country. My parents are dead and I have nowhere to live. Please advise.
Q: What about the cars or houses which we buy from banks or on instalments?
Q: I own a riba house and want to get rid of it for free. Problem is, my sister lives there who refuses to sell, parents are arguing with me not to sell and my wife wants to either repossess the house or she wants a share. Please give me your opinion.
Q: Can we take a loan to buy a land from a Shariah compliant Islamic bank (barwa bank) here in qataar?
Q: About buying a house in the UK on interest (sood) mortgage. One mortgage is standard and one is Islamic. In stranded the bank will show you how much interest you will pay and in Islamic the bank will show you how much rent you will pay. But many people and Ulama say that Islamic mortgage is also same as standard mortgage. Because you want to buy house that you don’t want to pay rent to council or to the owner then why should you pay it to Islamic mortgage and one of my friends has spoken to a mortgage adviser about both mortgages and he said that both mortgages are the same, the only difference is in the name.
Q: Is it harem to give interest?
Q: Can one insure work vehicles and install a tracking device for protection of business assets?