Interest and Gambling

Selling a car that has been financed by the bank

Q: I bought a car in India by bank finance 8 month ago. Now I realised that it is haram and I have no money to pay off the loan at once and now I want to sell the car but the bank does not allow me to sell the car (because the owner is still the bank) until I pay off the loan. But (secretly) if I sell the car under the condition that when I pay off the loan I will transfer the registration to the customer in writing and now the customer has to give the instalments monthly to me for the next 6 years 4 month (but the bank take it automatically from my account from my salary because the bank does not know him). Then will I be relieved from interest (because the car is in my name and I am still involved in it).

Insurance company claims

Q: I recently had an accident and the insurance of the person responsible is paying me for the repair of my car. The amount that they are paying is according to the quote I gave them which I got from the panel beaters. I did not ask the panel beater to inflate his quote. If I now manage to get the panel beater to reduce his price, can I keep the extra money or do I have to return it to the insurance company?

Soccer competition

Q: There is a soccer tournament taking place in a neighbouring town, and up to 8 teams are invited to participate. Each team has to pay an 'affiliation/entry' fee of R2800 in order to participate. The winning team receives prize money of R4500. The team that comes out 2nd receives R2000. The rest of the teams do not receive any money. Apart from all the other contentious issues (such as the covering of the satr, intermingling of genders etc), is the way in which this event is structured permissible?

Medical aid

Q: I would like to find out regarding Medical Aid, is it permissible ? If so what type of Medical aids are permissible? Are there any alternatives if not permissible?

Interest

Q: If I loan someone money, for example, I loan someone R10 and we agree that they will pay me R15 in 10 months time, R5 more than what I loaned them, is that extra money considered interest?

Points and gifts from the bank

Q: Few common bank related queries:

1) Zaid had a debit card with Conventional Bank International for many years. Later on the bank introduced a points system of rewarding the users of the debit card for the purchasers made with the card. The value of points awarded have no relationship with his bank balance and therefore its not given as a benefit of a loan made. The bank receives a commission from the supplier for every purchase made by the purchaser and in turn filters some of the benefits back to the purchaser via a points system. Will these points be permissible for the cardholder to use.

2) Some scholars view deposits held by the bank as qabda of amaan with the ijaazat of tasarruf. Does hazrat agree with this?

3) Is it permissible to accept gifts in general from banks.

Getting involved in interest

Q: My dad bought a phone on a credit card. If the bill is payed within 54 days then no interest is charged. However my dad couldn't pay the money within that time so now the total bill is 95 rials whereas the phone's price was 85 rial. Now we want to get rid of this card but we have to pay the bill to finish off the sunscription. So please guide us.