Claiming Gift Aid On A Loan

Question Salaam, I have agreed to give qardha hasanah to a charity for £5000. They have asked me to to claim gift aid on this amount. I was hesitant as I wasn’t sure if this was allowed. Will this be permissible as it is not a charitable donation rather it is an...

Working at insolvency law firm

Question I work at an insolvency law firm and I send out forms to creditors. Apart from filling out the amount of debt the debtor owes to them, the creditors can also fill out the amount of their ‘legal’ riba demand from the debtor, which the debtor owes...

Earning commission to invest in stocks

Question Assalamu alaikum warahmatullah wa barakatuh, i’m trying to make an investment company where i’ll get clients who’ll give me their own money and i’ll buy with their money stocks ( that engage in halal business) for a commission (that...

Gifts from a bank

Question Salaam I bank with nationwide and they have gave their members £100 due to increase in their profits which I have received. Am I able to benefit from these funds or what should I do with the payment if not. Answer When a person deposits money into a bank...

Repaying Debt in Foreign Currency

Question Assalamwalaikum Mufti saab, More than 15+ years ago my 1st cousin in the USA borrowed some money from me, $6000. At that time I converted the amount into $’s from my £ account and sent it to him. Over the years he did not pay me, nor did i remind him,...

Loans and forgiveness

Question As salamu alikum. My father died 8 years ago. 15 years ago my dad asked my brother in law to lend 1000 dollars to my brother and he said he will make sure that he returned that money. But my brother never returned. Still now my brother in law holding my...