Tag Archives: mortgage
Zakat & deduction of mortgage payments
Are you able to deduct 12 months future mortgage payments as a zakat expense? Continue reading
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
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
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
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
Prayer Request: For brother’s family
I wanted to ask if Mawlana could pray for my brother [private] and… Continue reading
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
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
home mortgage
Q: For those living in the west is there permissibility to purchase a house with a standard mortgage? Continue reading
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