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Recent questions and answers in Usury / Insurance
»
Assalamualaikum,Me Maroof Ali hu Ajmer, Rajasthan se, mene income tax Kam krne k lie SBI ki ye policy Li hai (Sbi Life - Smart Money Back Gold Option1 111N096V03, Policy Number - 1N579217602), Ye mujhe mere CA ne batai thi ye bol k k isme interest nai ata, profit basis pe benefits milte h 6% se 22% tak, mene jaldi me ye policy leli thi par ab mujhe batadijie k ye policy jaiz h ya nahi, nahi hogi to me policy cancel karwa dunga Isme mene 1 lakh Rs jama karae h, or har saal 1 lakh jama karane hote h, aapke jawab k intezar rahegaJazakAllah khairSyed Maroof AliPhone Number: +91 9468751786
answered
Sep 21
in
Usury / Insurance
by
Darul Ifta
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Sukanya Samriddhi Yojana is a government-backed small savings scheme for the benefit of girl child. It is a part of the Beti Bachao, Beti Padhao Yojana and can be opened by the parents of a girl child below the age of 10. SSY account can be opened at designated banks or post offices. Sukanya Samriddhi Account has a tenure of 21 years or until the girl child marries after the age of 18. The SSY scheme comes with a higher interest rate along with several tax benefits. Interest Rates: 7.6% per annum (Q4 FY 2022-23) Minimum Deposit Amount Rs. 250 Maximum Deposit Amount Rs. 1.5 Lakh in a financial year
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Feb 9
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Usury / Insurance
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Darul Ifta
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A moulin in kashmir said that Bank interest cannot be used in mosque. However, this interest can be used in bait ul khula, gusal khana and bathroom of a maskid. Is it true
answered
Dec 6, 2022
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Usury / Insurance
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Darul Ifta
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1. I am planning to buy medical insurance. I am an unemployed person, who recently paid a large amount of money for my wife's treatment. Is it halal? Especially in the changing circumstances post-Covid scenario. 2. If the above is not halal then, another scenario is that my father has worked for 27 years in government services. He must have paid lakhs of rupees in taxes to the government. In this case, can I buy government insurance and claim up to the amount of taxes paid in his life? will this be applicable even after his death?
answered
Jul 18, 2021
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Usury / Insurance
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Darul Ifta
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I purchased a property in 2013 and sold it in 2018 due to loss in business. Now i stay on a rent of Rs. 25000. If i don’t purchase house before 2021 i will have to pay 5 lakh as income or property gain tax to govt. as according to govt. the price of property has increased a lot during2013 to 2018.Due to debt i sold my property but govt. wants tax on that as well. So to save my hard earned money can i take home loan as I don’t have 80 lakh to purchase house and nobody will help me with this big amount. Please guide me how can i save my hard earned money from. Govt. Jazakallah Zeeshan
answered
Aug 19, 2020
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Usury / Insurance
by
Darul Ifta
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The Muslim brother doesn’t trust him much. So this non Muslim guy gives him a precious stone which is worth USD100,000 as a guarantee to assure the Muslim brother that he will pay back the money on time. This non Muslim guy wrote an IOU as follows: I, Mr XXX borrow USD10000 from Mr XX. I promise to pay back his money within three months. I give Mr XX a precious stone as a guarantee. If I cannot pay back the money on time, the precious stone will be at Mr XX’s disposal. Now three months have passed, this non Muslim guy couldn’t pay back the money. So what should the Muslim brother do to the precious stone? Can he sell the stone and keep all the money for himself? But the non Muslim guy only borrowed USD10000 only, the precious stone worth USD100,000. Is the extra USD 90000 a riba?
answered
Aug 12, 2020
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Usury / Insurance
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Darul Ifta
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Is a menstruating woman forbidden from Sa’ee as well as Tawaaf during Hajj and ‘Umrah? the Sa’ee is not valid before the Tawaaf when performing ‘Umrah, is it true???
answered
Feb 20, 2020
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Usury / Insurance
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Darul Ifta
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If a person working as an accountant at wine bar then his income which he gets through this is it Haram or halal??
answered
Feb 18, 2020
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Usury / Insurance
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Darul Ifta
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Can we use interest to pay bank services and maintenance fees for e.g Minimum Account Balance penalty, ATM charges and Credit card Service fees?
answered
Jan 16, 2020
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Usury / Insurance
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Darul Ifta
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Is life insurance allow in islam?
answered
Jan 13, 2020
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Usury / Insurance
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Darul Ifta
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Can we use interest money from bank to pay income tax to government?
answered
Jan 13, 2020
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Usury / Insurance
by
Darul Ifta
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Are Home loan , Car loans , and other loans valid as per Sharia?
answered
Oct 20, 2018
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Usury / Insurance
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Darul Ifta
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I have purchased a mobile phone of 21000 from bajaj finance card. the actual amount of the mobile phone is 21000 only. I have to pay this amount in 3 month. so the amount I'm paying in 3 month is just 21000 only. No documents charges and such thing . all This is done by online payment and online shopping app. so all This thing does it involves in any kind of interest or it's ok. jazakAllah khira
answered
Sep 8, 2018
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Usury / Insurance
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Darul Ifta
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Bismillah As salaamu alaikum I have received Bdt 100000.00 dividend as a shareholder of a private company. I have calculated the interest portion of that dividend and it is around Bdt 5000.00. Now I am purchasing a car. May that interest be used for paying car registration fee and VAT ? May Allah Azza Oa Jal keep you in Aafiyat in dunia and aakhirat.
answered
Jan 1, 2018
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Usury / Insurance
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Darul Ifta
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Can I pay bank interest money to the police for charging me with or without any reason?Example -I have entered my scooty in the road were only bus are allowed not scooty,so the ploice asked me to pay 200
answered
Dec 11, 2016
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Usury / Insurance
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Darul Ifta
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As Salamo alaikum .I have lot of old coins of 1, 2 and 5 rupees.There is a process by which I can exchange these old conins. By exchanging these old coins,I get more money than the original value.For Example,if I give an old 2 rupee coin,I get 4 rupees or even more in return.So,is the extra money which I get while exchanging halal for me or not.
answered
Apr 14, 2016
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Usury / Insurance
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Darul Ifta
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Can I give my saving bank interest money to my MOMIN real elder brother (saga bhai) who is very poor and needy? Do we have to tell that person that it is interest money? If yes then can that poor person can use that money for any halaal purpose?
answered
Apr 3, 2016
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Usury / Insurance
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Darul Ifta
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My company has also enrolled all the employees for medical insurance which covers hospitalization charges for me and my family members including my parents. Since i am working for the company and my work does not involves any interest work, it is just a customer support call center. In this case can I use the medical insurance covered by company for me and my family taking it as a benefit given to me by my company as i work for them?
answered
Apr 3, 2016
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Usury / Insurance
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Darul Ifta
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Nowadays Bajaj finance has started EMI schemes on all electronic shops and furniture shops. They are giving loans to buy things on EMI at 0 % int. They only charge nominal service charge or processing fee for documents which is very nominal. Rest you only have to pay the principal loan amount in EMI. I will give my example...
answered
Apr 3, 2016
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Usury / Insurance
by
Darul Ifta
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I stay in mumbai nalasopara area. Here our municipal corporation charges annually house tax which includes expenses done by govt like roads, street lights and sewage drainage lines. Can we pay interest money considering that it will go for sewage and drainage line expenses done by govt. So in this case can we pay house tax by ineterest money?
answered
Mar 28, 2016
in
Usury / Insurance
by
Darul Ifta
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