Mortgage under European council fatwa

Question Aslamo aleikum The question is: do we qualify to take up a new mortgage for a new home under the fatwa issued on mortgage for ONE house from the European council for fatwa and research? The background is that we live in Norway and we own a house (apartment/...

Promise to waqf and retracting

Question Sheikh if a person has no wealth and he made a decision that if a he gets wealth he will gave all his wealth to waqf starting from the moments he gets to a certain person who is not a blood relative and their descendants forever but later changed his mind and...

Pharmacist selling opioid based medicine

Question Assalaamu’alaikum Is selling codeine linctus (opioid based cough suppressant) haraam. I work in a pharmacy and we often get drug addicts/misusers who either come in regularly or want to buy such products in large quantities as it helps aid sleep. Would...

Is a fixed interest loan Riba?

Question Assalamualaikum Sheikh. Inshaallah I hope you’re doing well. I will be going to university in the UK for my UG for 4 years. My father has decided that he wants to take a loan from the bank with a fixed interest of an agreed amount (about 1% which...

Repaying debt with extra

Question Assalamu alaikum wa rahmatullah Consider a person takes a loan (say 100,000 Taka) and intends to pay it back after a long time, say ten years. By ten years the value of the currency has changed significantly (compared to USD, which is what the value of...