Purchasing a car through the bank
Q: If a person is in need of a car and he does not have the money to pay for it, can he buy it through bank finance?
Q: If a person is in need of a car and he does not have the money to pay for it, can he buy it through bank finance?
Q: Sending this on behalf of someone: If I buy a property and the bank finances it and I pay a set amount plus interest every month to the bank, is it halaal or haraam?
Q: Is it permissible to take out riba in order to avoid becoming homeless? I am a revert muslimah that quit college to avoid taking out more riba but I have yet to find a job and will soon be homeless since there is no family or friends I can stay with. My student loans were large enough to support me the entire semester with a part time job but since im not in school I have no job (it was a student job) and no more money. The Qur'an is very clear on riba but what else do I do? I already asked for money from my local musjid.
Q: My husband took a loan. The loan was taken with interest. He bought a phone with that money. Can I use his phone for a online shopping? Is it haaram?
Q: My husband took a loan few months ago. Then he bought a mobile phone with those rupees. Can I use his phone? Is it halaal for me?
Q: Is it permissible to do riba transactions with non-Muslims in daar-ul-harb?
Q: I want to start the business with my friend. We live in India. I want to have clarification with following points
1. Can I start a business by taking loan based on interest?
2. If above thing is not possible then is it OK if my partners take loan and I restrain from it?
3. Is it ok if I work in their (my partners firm) which takes loans and take my share of profit as employee?
I wanted to have clarification because in any way the firm in which I am working currently has taken loan from banks for its functioning.
Q: Is personal loans from Al Ahli bank (NCB) Saudi Arabia Halal? The bank claims it's Islamic.
Q: I live in Mauritius, where Islamic Finance and Interest Free loans are not available. In these circumstances, is it permissible to take a loan to construct a house. I have heard of verses of the Qur'an where Allah declares war on those who consume and pay ribaa.
Q: I attend pharmacy school in the United States. It's my first year and as you might know I had to take out a loan because of the tuition. The tuition is extremely high so for the loan I had to take it out on a interest rate. I have taken out 2 loans so far both on interest. I am not doing well in my classes and I am on the verge of failing and getting kicked out. I have been fed up with this and I think it's because my tuition involves interest that's why. I want to leave but I do not know what I would after leaving this school and my parents don't understand; they want me stay here but inside I do not want to. What should I do? Please give me advice.