Interest bearing loans are Haraam irrespective if the interest rate is fixed. As an example, if A took and loan of R100 form B on the condition that A returns ... |
If the bank owns the house, then it is permissible for it to sell it to you for a fixed price, whether payment is deferred or made in installments, even if this ... |
Riba (interest) is haram because Allah has forbidden it. Mutual consent to commit a haram deed does not make it halal. So accepting interest does not make it ... |
If a transaction is done according to the rules of Islamic Shariah it is halal even if the end result of the product may look similar to conventional banking ... |
Interest rate loans are not strictly forbidden in Islam. Paying an interest rate over a predetermined period of time is exactly the same as paying a fixed sum. |
4 янв. 2023 г. · Islamic mortgage is haram because they charge you a late fee, which is interest. They claim they donate the fee to a charity. |
Any transaction that involves interest will necessarily hurt one of the two sides; it is essentially a gamble, which is also prohibited by Islam. |
11 сент. 2021 г. · It's still haram even if you pay on time. Try to get the seller not to impose or input any penalty on the contract. Also, I know this sucks but ... |
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