Tag Archives: mortgage

Mortgage and Income

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

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

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

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

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

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Paying interest

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

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

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?

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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