loans

Qardh kwa ne milna

Q: Aap sa aik question hey key ke ksi auto walay k kuch raqam jo k uss k klehnay p k mery pas exchange ni hy paisay ka to app muje sham ma jahan sa app aaty ho ma roz wahy hotta ho auto ma kharra ap wahan de dye ga agly din sham ma wo auto wala ni hutta iss trah kuch months guzar gye but wo auto wala ni kharra dekhta na after noon ma ... ab humara b us area sa guzar ni hutta hay but uss auto walay k kuch paisay jo ussy denay thy wo ni de sakay ... na hy ussy ksi tareqay talsah kia ja skta kionky koi contact b ni ab app btaye k uss ka raqam jo ussy deny thy wo kesy dye jaye ... k uss ko deye baghair hye uss ki raqam adaa ho jaye jesy uss k eawazz koi sadqa ya kafara k surat ma adda ho jye uss k raqam.

Qardhe lene me ihtiyaat baratna

Q: Mera aapsay aik sawal he ke me ne puchna tha udhar ka baray ma jaisay ka kuch udhar aam tor pa hum bhol jatay haan ar lain dain ma itna masroof ho jatay haan ka kisi ka dayna walay paisay kafi arsa pehle jo hum log bhol jatay haan. Is ke baray ma kya ho sakta he? Aur aagr kafi talash ke bawajood wo ya uska lawaikeen nai milte to is surat ma kya ho sakta jaisa ka udhar ka baray ma ha ka insan jab tk udhar nai day ga uska nama amal agay nahin chal pay ga qabar ma.

Selling an item to a person who requires a loan

Q: One of my colleagues asked me to lend him some money like 10 thousand which he wanted to use for his personal use. He said he would give me back 12 thousand in one month. I rejected his offer saying it is haraam. He asked me to buy him something like a computer for 10 thousand and he was ready to buy it from me at 12 thousand. But he would give me after 1 month. If he pays early, no discount and if he pays late, no extra money he will give but I can demand my money after 1 month. He purchased from me and he sold it in the market and got cash to satisfy his needs. Later after one month he gave me 12 thousand. Is the profit of 2 thousand haraam?

Interest bearing loan

Q: I have taken an Islamic Shari'ah loan from standard chartered bank Bahrain. I want to go for umrah. Tell me, is my loan halaal or haraam? Can I go for umrah or not? If the loan is haraam, then I have done a major sin. How can I  face my Allah and Hazrat Muhammad (Sallallahu Alayhi Wasallam)? Please answer me me thoroughly.

Helping someone set up a business

Q: Please assist help me understand the concept of helping someone to set up a business.

Scenario A:

Person A helps person B by lending the person R 10 000 for a business. Person A wants R 15 000 after 3 years (R 10 000 as capital and R 5 000 as profit). This is purely money lent to another person. Is this ribah?

Scenario B:

Person A buys a business for R 10 000 person B and then Person B pays off the R 10 000 (capital) + R 5000 (Profit) over 3 years. A business is bought and sold back to Person A. Is this Halaal?