QUESTION: I hold a credit card which I rarely use. I do understand that while it is permissible to use a credit card as long as repayments are made within the fixed time, what about the bank fees which are charged to the card even if it is not used? Is this...
QUESTION: After concluding a business transaction with a person, I transferred payment to an account he had previously used. He then supplied me with a second account and I transferred the funds there. At this point, I had paid him twice for the same service and...
QUESTION: Is taking a fixed loan from the bank permissible? For example, the bank takes the papers thus assuming ownership of the car, and a higher fixed amount is set over a certain period. ANSWER: Taking a loan from the bank to procure a car is not permissible as it...
Q1) Why is it not permissible to eat at homes where the breadwinner works at the bank? A1) It is a known fact that majority of the bank’s income is from interest. Hence, if it is known with certainty that majority of their income is from a Haraam source (i.e. from...
QUESTION: What is the rulling regarding interest in Darul Harb? Some Muslims based in countries like France, Belgium and the UK claim that these countries are Darul Kufr and Darul Harb, thus legitimizing the Riba. What is the Hanafi Madhab ruling in this regard?...
QUESTION: My mother has a debt exceeding R10 000 from a business which she started. She owns no jewellery and whatever income she earns, is used to pay for her household expenses and maintenance. She is paying the debt off very slowly. Can I use interest money to...
If a person uses his virtual card via his Google Wallet App, FNB places the individual on a higher tier for the eBucks rewards program, allowing one to earn more eBucks. My brother and I manage the expenses of our household. He pays for the utilities and the...
QUESTION: I work in a claims and disability assessment position, where I assess severe illness and disability, for Old Mutual. Someone brought it to my attention that Old Mutual works with interest. Is it permissible to work for this type of institution? ANSWER: Based...