Tag Archives: mortgage

Zakat & deduction of mortgage payments

Posted on May 7, 2020 by Shaykh Gibril Fouad Haddad

Are you able to deduct 12 months future mortgage payments as a zakat expense? Continue reading →

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Mortgage and Income

Posted on July 9, 2014 by Shaykh Gibril Fouad Haddad

1. Is it permissable in Islam for one to work for a secular bank (where riba is common) as an accountant.
2. If one has a riba based mortgage, what should one do, change to a Islamic Mortgage even if they are not totally 100 shariah compliant? Or sell the house and live on rental property until one has cash to buy? Continue reading →

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Zakaat

Posted on July 22, 2013 by Shaykh Senad Agic

A brother and sister would like to know how much the amount of zakat is eligible to be paid for the following: Continue reading →

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Conventional mortgage

Posted on September 13, 2012 by Shaykh Gibril Fouad Haddad

I live in a non-muslim country and my wish is to start my own business. I currently work in the corporate world and been saving for quite some many years to start my own business… Continue reading →

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Questions Mortgage and Income

Posted on July 21, 2012 by Shaykh Gibril Fouad Haddad

1. Is it permissable in Islam for one to work for a secular bank (where riba is common) as an accountant? Continue reading →

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Prayer Request: For brother’s family

Posted on December 19, 2011 by Shaykh Gibril Fouad Haddad

I wanted to ask if Mawlana could pray for my brother [private] and… Continue reading →

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Paying interest

Posted on September 19, 2011 by Shaykh Senad Agic

I bought a house last year, and living in a capitilist country, we have an interest based economy. I am there fore repaying a Home bond, but I am also paying interest. Continue reading →

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Mortgage with interest

Posted on January 10, 2011 by Eshaykh Staff

I bought 4 years ago an apartment on credit that I sold 3 years later without premeditation, clearing a profit allowing me to pay 40% cash advance for the purchase of another apartment in a residence currently under construction. Continue reading →

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home mortgage

Posted on December 1, 2010 by Shaykh Senad Agic

Q: For those living in the west is there permissibility to purchase a house with a standard mortgage? Continue reading →

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Hajj Permitted for Mortgagee?

Posted on November 12, 2010 by Shaykh Gibril Fouad Haddad

Question: Asalamu alaikom. Bismillah al-rahman al-rahim Can a person go to Hajj if they still have a mortgage on there house. Allahumma salli ala Sayyidina Muhammad Answer: `Alaykum as-Salam, You may go to Hajj as long as the funds used … Continue reading →

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