Conventional Financial System


Tawarruq With a Conventional Bank
Can an Islamic Bank Ask a Client to Provide a Conventional Bank as a Guarantor?
Issuing Kafalah In Relation To Conventional Banks
Issuing LGs For Soft Loans
LGs From Conventional Banks for Project Finance
Should an Islamic Bank Offer a Guarantee for a Contractor Doing a Job for a Riba Bank?
A Correspondent Bank Wants to Charge the Islamic Bank a Fee for Its Part in Issuing a Letter of Guarantee. Can the Islamic Bank Tell It to Charge the Customer?
Can a Conventional Bank Deposit be Used as Pawn for the Benefit of Islamic Banks
Can an Islamic Bank Let Companies That Deal With Usury Have Current Or Investment Accounts?
Entering Into A Construction Contract With A Conventional Bank
Giving Hibah As Compensation For Delayed Payments
Pawning For The Benefit Of A Conventional Bank
Resolution No: 13 (1/3)[1]: Concerning The Islamic Development Bank’s inquiries
Syndicated Financing Between Islamic And Conventional Institutions
Can a Muslim Contractor Build a Building for a Conventional Bank?
Can an Islamic Bank Issue a Guarantee for a Contractor Doing Work for a Conventional Bank?
Can an Islamic Bank Partner with a Conventional Bank in a Lawful Project?
Is It Allowed to Rent a Building to Employees of an Interest-Based Bank?
Is It Allowed to Rent a Property to an Interest-Based Bank?
Resolution No. 124: The impermissibility of paying the interest amounts accumulated from correspondent bank accounts to beneficiaries other than the poor and Islamic charities
Resolution No. 150: Paying or receiving interest from correspondent banks
تحويل رهن عقاري لفائدة بنك تقليدي
إيداع المسلم أمواله في البنوك التي تتعامل بالفائدة
الفوائد المصرفية التي يضطر البنك لإيداعها في المصارف الربوية
دفع الأرباح المستحقة للودائع بالعملات الصعبة
أرباح الودائع بالعملة الصعبة
LG from a Conventional Bank as Security in Murabahah
What Is to Be Done if the Supplier Is Unable to Deliver Some of the Sold Goods?
Trading In The Shares Of Shari’ah-Compliant Companies That Are Involved In Riba-Based Transactions With Conventional Banks
Islamic Financing Insured By Conventional Insurance
Can an Islamic Bank Take for Security Stocks Issued to a Conventional Bank as Security for an Interest-Based Loan?
Can an Islamic Bank Take a Deposit in a Conventional Bank as Security for a Loan?
Can an Islamic Bank Allow a Shareholder to Mortgage Its Shares as Security for an Interest-Best Loan?
May an Islamic Bank Deposit Money with a Commercial Bank without Interest?
May an Islamic Bank Deposit Money with a Foreign Bank and Give the Interest in Charity?
Is the Seller Responsible if the Buyer Sells the Purchased Good to a Sinner?
Can an Islamic Bank Buy Property in a Non-Muslim Country if Some Tenants Have Shari‘ah Non-Compliant Businesses?
How Can a Conventional Bank Be Converted into an Islamic Bank?
Is It Allowed to Lease Real Estate to Insurance Companies That Offer All Kinds of Insurance?
Can an Islamic Bank Make Regular Monthly Transfers from an Account holder’s Account to Pay a Riba-Based Loan?
Can an Islamic Bank Accept Assignment of Rights Requested by Usurious Banks of Their Customers?
Is It Allowed for an Islamic Bank to Place an Interest-Bearing Deposit in the Central Bank if the Law Requires It?
Is It Allowed to Buy the Shares of Companies Whose Activities Are Lawful but Have Usurious Loans?
Issues in Installing an Electronic Debit Machine
Is It Allowed to Issue a Guarantee for the Benefit of a Conventional Bank?
Is It Allowed to Accept Gifts from Usurious Institutions?
Resolution No. 133 (14/7): The Problem of Arrears in Islamic Financial Institutions
Is it Allowed to for the bank to provide a service (purchasing real estate) to customers because the policies currently applied in another Bank do not allow it to provide this service itself?
Is it Allowed to provide a service (purchasing real estate) to customers on behalf of a conventional bank?
Is it allowed for a company owned by the bank in the USA to sell a car to a customer who borrows the car’s price from a bank on interest?
Is it a Must from a Shariah Point of View to Know about The Origin of the Customer’s Money?
Is it allowed to purchase two properties in Europe whereby the first is a warehouse and the second is a building rented by a foreign bank?
Is it Allowed to enter into a Murabahah contract with a company known for taking and giving riba-based loans?
Is it permissible to purchase a commercial complex and allow current tenants to remain in it providing that two of the tenant are involved in riba transactions?
Is it permissible to conduct Tawarruq procedure for a company that intends to settle a previous interest-based debt?
Is it permissible to evaluate only the real estate assets of commercial banks in return for a fee?
Resolution Regarding the Lease Agreement Between Aviation Lease and Finance Company (ALAFCO) and Al-Shuruq Company
What is the Position of the Fund’s Manager vis-a-vis the Discount Percentage on the Sale of Shares and the Additional Profits Earned in the Event of Positive Market Performance?
Is it Allowed for KFH to Lease a Building Owned by a Conventional Bank in order to Use it for its Offices?
Is it Allowed for KFH to Reserve the Right to Collect the Rent Payments from a Conventional Insurance Company if the Customer Violates any of the Terms of Ijarah Financing Agreement?
Is it Permissible to Use a Program Fully Prepared for Calculating Interest?
Is it Allowed to Purchase a Mortgaged Asset and Resell it to the Son of the Original Owner?
What’s the Permissible Means to Rectify the Situation Whereby KFH has Completed the Procedures for the Investment in a Company Covered by Conventional Insurance?
What is the Ruling on the e-Health Insurance Project Suggested by the Public Service Company?
Is it Allowed to Evaluate Real Estate that Belongs to a Conventional Insurance Company?
Project Financing Based on Istisna` with Pledging of Conventional Bond
Two Financing Facilities Secured by an Asset
Conventional Fixed Deposit Certificate as Security in Islamic Financing
Takaful Coverage for Islamic Financing
Takaful Coverage for Conventional Loans
Takaful Coverage for Conventional Credit Card Product
Retakaful with Conventional Insurance and Reinsurance Company
Co-Takaful Agreement
Nomination Based on Hibah under Takaful Scheme
Capital Segregation in the Operation of Danajamin
Commingling of Funds Contributed by Islamic and Conventional Banking Institutions in Deposit Insurance
Surplus Sharing Post Liquidation and Payment of Claims between Islamic and Conventional Banking Funds
Application of Conventional Overdrafts to Cover Insufficiency in Wadi`ah Current Account
Islamic Financial Instrument as Underlying Asset in Conventional Transaction
Status Pampasan Polisi Insurans Konvensional Selepas Kematian Pembeli Polisi
Hukum Mempromosikan Produk Insurans Konvensional Menurut Perspektif Syariah
Kajian Hukum Insurans Am
Hukum Ke Atas Produk Investment Link Menurut Islam
Is It Permissible to Offer Various Services Including Professional and Technical Training, Consultancy Services and Seminars to Riba-Based Banks?
Is It Allowed to Deduct Certain Amounts from a Number of Customers’ Accounts in Order to Pay for the Usage of Their Credit Cards Issued by Local Banks?
Is It Allowed for KFH to Provide Services for Conventional Banks Such as Dispatching and Distributing Letters to Customers?
Is it Allowed for KFH after Selling a Car to a Customer to Transfer it by Way of One of the Local Banks to Be Paid for in Installments?
What’s the Shariah Opinion Regarding the Handling of a Bank’s Previous Riba-based Loans that Were Made before the Bank Was Converted to an Islamic Bank?
Is It Allowed for a Bank Converted to Conventional to Islamic to Distribute Any Profits Resulting from the Interest Earned to its Shareholders?
How Can KFH as a Shareholder of an Islamic Bank that Converted from the Conventional System Handle the Profits Provided as Cash and Bonus Shares?
What’s the Shariah Opinion Regarding the Contribution by Conventional Banks of No More Than 20% to the Establishment of an Investment Company?
Is It Allowed for KFH to Be the Selling Agent for the Units of an Islamic Fund Using Subscription Application Forms That Bear the Name of a Conventional Bank as the Investment Trustee?
What’s the Shariah Opinion Regarding the Addition of American Express Services to KFH’s Point of Sale Equipment?
Is It Allowed to Enable All Banks’ Credit Cardholders to Make Cash Withdrawals from KFH’s ATM Machines?
Is It Allowed for KFH to Accept Deposits from Entities Whose Businesses Include Proscribed Activities in Order to Use These Deposits in Shariah Compliant Investments?
Is It Allowed to Provide a Debt Collection Company with a Point-of-Sale Equipment That Accepts the Credit Cards of KFH and Other Banks?
Is It Allowed for a Shari’ah-Compliant Company to Provide Security Guard Services to Interest-Based Banks?
RESOLUTION No. 9 (9/2): INSURANCE AND REINSURANCE
RESOLUTION No. 10 (10/2): TRANSACTIONS WITH BANKS DEALING WITH INTEREST AND TRANSACTIONS WITH ISLAMIC BANKS
RESOLUTION No. 13 (1/3): QUESTIONS SUBMITTED BY THE ISLAMIC DEVELOPMENT BANK (IDB)
General Provisions of Agency in Murabahah Transactions
Calculation of Profits on Insurance Service
تأجير مباني الى جهات تعمل بالفوائد
المضاربة مع البنوك التقليدية
Status of Conventional Fund Placed in Mudarabah Special Investment Account in the Event of Winding Up of Banking Institutions

Islamic Financial System ©

 

 


I-FIKR Sponsors