Is it permissible to issue a credit card and is the ruling on accepting cash rewards?
I pray all is well and may Allah (swt) accept all your good deeds and bless you for your keenness, eagerness, and enthusiasm to learn the authentic Sunnah in following […]
What is the Islamic ruling on buying additional warranty coverage for electronic products?
Also, is it permissible to work at a store that sells these extended warranties?
It is permissible to buy/sell products with a warranty for a specific length of time, and this comes under the heading of a promise or stipulating a benefit for the […]
What is the best way to get rid of the interest money?
One should immediately dispose of it by giving it to a public charity cause, without the intention of receiving a reward for it.It is best to give it to a […]
Can I give the interest money to relatives/friends of mine who are considered poor? And do I have to inform them?
Yes, if the relative/friend is poor or needy, you may give him/her the interest money.No, you do not need to inform them of the source of the money and you […]
Can I use the interest money to pay my student loan or my utility bills?
It is not permissible to pay off your student loan or utility bills with interest money. You cannot use your interest money for any of your personal expenses or spend […]
Should I take the interest money accumulated in my bank account, or should I leave it to the bank?
You should not leave it to the bank, but rather take it and spend it on any public charity project, without the intention of receiving a reward for it. However, […]
Is it allowed for me to use the interest money accumulated in my bank account?
It is not permissible to use the interest money accumulated in your bank account, as this act is considered a major sin. Allah says in Quran ( what could be […]
Is it permissible in Islam for a person to take a loan on his own 401k and pay it back with interest?
According to the fatawa of Fatwa of Dr. Main Khalid Al-Qudah, a Member of the Fatwa Committee of the Assembly of Muslim Jurists in America: Borrowing from your 401(K) is […]
Is using a credit card to fund my Umrah trip permissible in Islam?
Using a credit card to fund an Umrah trip is permissible. However, you must ensure the amount is paid off before interest is charged; otherwise, the money will not be […]
I have a question regarding refinancing my home. I bought my home from a builder then as expected they sold the loan to another loan company after few months. Now with the interest rate is lower than before, is it permissible to do refinancing from same lender I am with or another lender to reduce my payment?
May Allah reward you for your keenness to finance your home purchase in accordance with the Islamic rules. The refinancing will involve a new contract and thus will be subject […]
Can I make permenant charity (Sadaqa) for my late husband?
Yes initiating a continuous charity is a great good deed to be done on behalf of a deceased person. Examples of continuous charity: Digging a well in places where people […]
Is it haram to shop online for your husband (in regards to clothes)?
No, it is not haram but his consent is essential for spending and taste approval if his money is being used.
