Fatwa on interest

Miscellaneous Topics- Fatawa- Transactions- (fatwa 2)- Fatwa on interest

Question  Dear Mufti,  Assalamualaikum warahmnatullah!  I would like to know about interest anainst: 1. What is difference between interest verses profit? 2. I am a credit card holder of American Express through Bangladesh City Bank where annual charges is Tk .4600 and service charge against taking loan from Credit card is .83%. Is

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Buying a house through a western bank?

Miscellaneous topics- Fatawa- Transactions- Loan and Interest- Fatwa (3): Buying a house through a western bank?

Question:  Dear Dr. Nabulsi    I live in Australia and have renting a home for 7 years.  I want to buy a home and avoid paying rent. When paying rent i am at the mercy of the landlord and could move houses on several occassions.  Houses are too expensive to buy with saved cash money in Australia and the only alternative is to

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Whether the deposit was in forbidden under islamic law?

Miscellaneous topics- Fatawa- Transactions- Loan and Interest- Fatwa (4): Whether the deposit was in forbidden under islamic law?

Question: Dear Dr. Nabulsi Whether the deposit was in forbidden under islamic law? Thank you Answer Dear brother, The deposit in the bank is nothing but giving help to it, and Allah says: ((but do not help one another in sin and transgression)) [Al-Ma’idah’-2] Best regards

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Is it Haram to buy a house in New York through usurious installments, and Is life insurance Haram?

Miscellaneous topics- Fatawa- Transactions- Loan and Interest- Fatwa (5): Is it Haram to buy a house in New York through usurious installments, and Is life insurance Haram?

Question: Dear Dr. Nabulsi Inshallah your in great health shiekh mohamed al nabulsi 1.I would like to ask you if life insurance is haram or not? 2.We live in new york city, renting is very expensive and when you have a big family the landlords give you a hard time. Therefore we want to buy a house. We can only do it with interest

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