Other Concepts

Haram


Leasing an Asset to Someone Who May Use It for Unlawful Acts
Is It Permissible to Trade in Playing Cards and Tobacco?
Can an Islamic Bank Facilitate the Import of Meat That Is Not Islamically Slaughtered?
المبالغ العائدة كأرباح من البنوك الخارجية
استعمال العائد الذي يتلقاه بنك البركة من بنك الجزائر لتسديد حصة البنك في شركة ضمان الودائع المصرفية
تمويل مشروع استثماري يستعمل إنتاجه في المحرمات
تمويل قاعات الحفلات والتسلية والإنترنت
معالجة الأرباح الناتجة عن مساهمة البنك في رأس مال شركة
Using Murabahah In Cigarette-Related Sales
Trading in Statues
Stipulating that Customers not Deal with Competitors
Stipulating that Customers not Deal with Competitors
Can an Islamic Bank Buy Property in a Non-Muslim Country if Some Tenants Have Shari‘ah Non-Compliant Businesses?
Is It Allowed to Lease Real Estate to Insurance Companies That Offer All Kinds of Insurance?
Can a Muslim Landlord Allow a Swimming Pool It Owns to Be a Place of Free Mixing between Males & Females?
Is it Allowed to Purchase a Building that Has Already Been Leased for Unlawful Practices?
Is It Allowed to Finance Hotels that Provide Prohibited Services?
Is it Allowed to Buy or Sell Shares of Companies that are Involved in Prohibited Activities while there Core Activity is Permissible?
Is it allowed to purchase two properties in Europe in the form of hotel apartments leased to an international hotel management company?
Is it allowed to finance a hotel project in Kuwait on land belonging to KFH and leased to the client?
Is it permissible to finance projects which include a portion of haram activities providing their increasing significance in the society?
Is it Allowed to Rent Out Airplanes to Foreign Companies that Sell Alcoholic Drinks to Passengers?
Is it Allowed to Participate in an Investment Consists of Leased Offices Where the Cafeteria Cannot Be Guaranteed not to Sell Pork?
Is it Allowed to Let Unlawful Practices Like Mixed Gender Swimming Pool In An Islamic Activity?
What Is the Price that Should be Paid in Case the BBA Contract is Deemed Invalid?
Is it Allowed to Invest in Residential Complexes that Contain Mixed-Gender Swimming Pool?
Depositor Customer’s Investment Fund from Doubtful Sources
Hukum Mempromosikan Produk Insurans Konvensional Menurut Perspektif Syariah
Is it Lawful to Open a Documentary Credit for a Customer in Order to Import Non-Alcoholic Beer?

Zakat


Leasing Fund: Calculating Zakah
Leasing Investment Formula
Resolution No. 2: Zakah of Non-Fungible Objects and Lands Which Are Leased Out And Not Cultivated
Zakah on Leased Asset
Zakah on The Assets of a Factory
What Should Be Done with Small Cheques Issued to Accountholders Who Cannot Be Located or Contacted?
RESOLUTION No. 76/7/8: PROBLEMS OF ISLAMIC BANKS
SETTING TRADERS’ PROFITS by Dr Yūsuf al-Qaraḍāwī
قرار رقم: 165 (3/18) بشأن تفعيل دور الزكاة في مكافحة الفقر وتنظيم جمعها وصرفها بالاستفادة من الاجتهادات الفقهية
قرار رقم 143 (1/16) بشأن زكاة الحسابات المقيدة وشركات التأمين الإسلامية والتأمينات النقدية ومكافآت نهاية الخدمة
الصرف من صندوق الإيرادات قيد التصفية على موظفي البنك
إخراج الزكاة في حالة التأجير المنتهي بالتمليك
دفع الزكاة عن أرباح أموال المساهمين أو الاحتياطيات
Resolution No. 28 (3/4): Zakah Of Corporate Shares
Bonds, Interest Deposits And Unlawful Properties
Resolution No. 2 (2/2): Concerning Zakah on Real Estate and Non-Agricultural Leased Land
Resolution No. 1 (1/2): Concerning the Zakah of Debts
An Islamic Bank Contribute to a Charitable Project from Its Profits or Zakah Fund?
Is It Allowed to Invest Zakah Funds?
Must the Creditor Pay Zakah on Outstanding Debts?
Can Waiving a Debt Be Considered Payment of Zakah?
Who is Responsible to Pay Zakah in a Profit-Sharing Partnership?
What is the Starting Time in Calculating Zakah for an Amount Added to a Bank’s Reserve Fund and for the Issuance Premium?
Is Zakah Due on a Piece of Land if the Owner Plans to Build on It in the Future?
How to Calculate the Zakah of Shares?
How Should Zakah Be Calculated for the Solar Year?
What Is the Amount of Zakah that must be Paid by the Owners of a Fund’s Units?
Resolution No. 120 (2/13): Zakah on Agriculture
Resolution No. 121 (3/13): Zakah on Stocks Acquired for Investment
What is the Shariah Ruling in the Earnest Money Left by the Buyer?
Bayaran Zakat Kumpulan Wang Simpanan Pekerja (KWSP) Sejurus Pengeluaran - Satu Alternatif
Zakat Wang KWSP
Fatwa Tentang Kaedah Pembayaran Zakat KWSP
Menentukan Satu Kaedah Tetap Bagi Zakat KWSP
What is the Ruling on Spending zakat Funds to Print Academic Thesis on Islamic Banking?
What is the Ruling on Investing zakat Funds, Funds from Dormant Accounts or Those Tainted by riba or Suspected of Being Tainted by riba?
What is the Ruling on Spending zakat Funds on Printing an English Translation of a Religious Book?
What is the Ruling on Investing zakat Funds, Funds from Closed Accounts or Those Tainted by riba or Suspected of Being Tainted by riba?
Does the Unpaid Zakat on the Company’s Reserves for All Proceeding Years Considered a Debt Owed by the Company, and What Does the Extra Amount Paid as a Result of an Accounting Error Considered?
Is it Allowed to Spend Zakat Funds on Medical Activities to Relieve the Difficulties of the Poor as Well as Others?
Is it Allowed to Spend Zakat Funds to Purchase Special Medical Equipment to a School that Cares for Mentally Impaired Children?
Is it Allowed to Give Zakat Funds to Charitable Organizations Specialized in Providing Medical and Humanitarian Aid to the Poor, Disabled and the Retired?
Is it Allowed to Use zakat Funds to Build a Drug Rehabilitation Center or Any Other Kind of Hospital?
What is the Ruling on the zakat of Shares Representing Debts, Money and Commercial Commodities?
What is the Ruling on the zakat on Financial Portfolios that Represent Funds for Investment in Foreign Currency Exchange?
Is it Allowed to Give Zakat Funds to the Patient Aid Fund?
What is the Ruling on zakat on a Real Estate Portfolio Whose Activity Centers on Purchasing and Developing Lands and then Selling the Developed Lands?
What is the Ruling on Zakat on KFH’s Shares Offered to its Employees?
What is the Ruling on Investing Zakat Funds and Who is Liable if There’s Loss or Harm?
Is it Allowed to Use Zakat Funds to Give Qard Hasan from these Funds to the Company’s Employees that Are in Need of Financial Assistance?
Is it Allowed for KFH to Give Zakat Funds to an Employee Who is Heavily Indebted?
Is it Allowed to Use Zakat Funds to Pay the Company’s Obligatory Contribution to the National Labor Support Fund that Aim at Supporting Private Employees and Unemployed People?
Is it Allowed for the Creditor to Pay the Debtor Any Amount from the Creditor’s Zakat Funds in Order for the Debtor to Pay the Debt Owed to the Creditor?
Are waqf Assets Invested in Joint Stock Companies and Others Liable for Zakat?
Is Zakat Payable on Waqf Profits Allocated for Reserves?
What Entity is Responsible for Paying Zakat Providing that A Company Acts as the Manager of Another that Represents the Shareholders?
What Entity is Responsible for Paying Zakat Providing that the Mother Company Consists of More than 30 Subsidiary Companies?
Is it Possible to Review the Zakat Calculation on the Reserves to Include the Zakat in the Company’s Financial Statement?
What is the Ruling on Paying Zakat Funds to the Ministry of Health in Order to Set Up a Number of Needed Medical Centers Across the Country?
Is the Advance Rent Considered an Invested Fund that is Subject to Zakat Providing that the Owner Promised the Tenant to Sell the Real Estate at the End of the Lease Term?
How to Calculate the Zakat on the Bank’s Items Such as Current Account, Investment Savings Accounts, Investment Deposit Accounts and Other Items?
What is the Ruling on Paying Zakat Funds to Kuwait Heart Foundation (KHF) and Takaful Prisoners Care Fund (TPCF)?
What is the Ruling on Paying Zakat Funds to Handicapped Children Whose Financial Situation Does Not Enable Them to Enroll in Private Schools?
What’s the Shariah Opinion Regarding the Payment of Zakah on Shares of KFH Owned by KFH’s Employees?
RESOLUTION No. 1 (1/2): ZAKAT ON DEBTS
RESOLUTION No. 2 (2/2): ZAKAT REAL ESTATES AND RENTED NON AGRICULTURAL LANDS
RESOLUTION No. 14 (2-3): ZAKAT ON COMPANY SHARES
RESOLUTION No. 15 (3-3): INVESTMENT OF ZAKAT FUNDS IN PROFIT GENERATING PROJECTS WITHOUT ATTRIBUTING INDIVIDUAL PROPERTY TITLE TO THE BENEFICIARY
RESOLUTION No. 20 (8-3): PAYMENT OF ZAKAT TO THE ISLAMIC SOLIDARITY FUND
RESOLUTION No. 27 (2/4): PAYMENT OF ZAKAT IN FAVOUR OF THE ISLAMIC SOLIDARITY FUND AND ITS WAOF
RESOLUTION No. 28 (3/4): PAYMENT OF ZAKAT ON COMPANY SHARES

Waqf


Resolution No. 111(5/12): "Investment of Awqaf Resources"
Using Murabahah to Finance Charitable Projects
قرار رقم 182 (8/19) بشأن تطبيق نظام البناء والتشغيل والإعادة في تعمير الأوقاف والمرافق العامة
قرار رقم 140 (6/15) بشأن الاستثمار في الوقف وفي غلاته وريعه
Resolution No. 181 (19/7): Regarding endowing shares, sukuk, material rights and benefits
Can a Charitable Organization Invest Donated Funds to Generate Income to Be Spent in Charity?
Is a Charitable Religious Endowment Considered a Legal Entity?
If a Person Makes a Bequest to Set Up a Waqf for the Needy, Are His Children Eligible if They Become Needy?
Resolution No. 119 (1/13): Investment of Awqaf Property and Revenues
Is it Allowed to Stipulate the Guarantee upon an Agent?
Is it Allowed to Involve in a Project that Provides Credit Lines to Invest in Education?
Hukum Berkaitan Pembangunan Tanah Wakaf Di Bawah Rancangan Malaysia Ke Sembilan (RMK-9)
Hukum Membangunkan Tanah Wakaf Khas Dengan Pembangunan Selain Daripada Niat Asal Pewakaf
Hukum Wakaf Bagi Tanah Bertaraf Hak Milik Terhad
Hukum Menyerahkan Sebahagian Tanah Wakaf Kepada Pihak Berkuasa
Saham Wakaf Dan Wakaf Ganti (Wakaf Ibdal)
Langkah-Langkah Membangunkan Hartanah Waqaf MAIN Dari Perspektif Hukum
Are waqf Assets Invested in Joint Stock Companies and Others Liable for Zakat?
Is Zakat Payable on Waqf Profits Allocated for Reserves?
RESOLUTION No. 30 (5/4): "MUQARADHA" BONDS AND INVESTMENT CERTIFICATES
Services of Charities on Murabahah Basis

Khiyar


Are Currency Option Contracts Legal?
When a Government Agency Hires a Contractor to Build Housing for Citizens, Is It Lawful for the Citizens to Request Changes to the Basic Plan if They Agree to Pay for Them?
Can Two Banks Agree to Allow Each Other Overdraft Privileges as Interest-Free Loans?
Discount For Early Payment
A Shari‘ah-Compliant Alternative to an Option Contract
Is It Permissible to Sell a Good Calculated to Be of a Certain Amount on the Condition That If There Is Any Shortfall Then It Will Be Deducted from the Agreed Price?
What Is the Rule Regarding When the Buyer Does Not Accept Any Defect Upon Delivery?
Is It Permissible for the Buyer in Murabahah to Agree with the Original Seller to Return the Goods If All of Some Were Not Sold?
How Does Resale Affect the Buyer’s Option to Annul the Original Sale?
Damage to or Loss of the Purchased Good
Shortfall in a Good Sold by a Calculation of the Amount
The Bank Uses the Purchase Undertaker’s Import License to Purchase a Foreign Good
The Buyer Discovers a Defect in the Goods
The Murabahah Purchaser Returns Goods to the Original Seller
The Purchase Undertaker Wants to Return Unsold Goods to the Original Seller
Ensuring Proper Separation Of Contracts
Purchase Option Such That the Seller Will Only Acquire Possession of the Good if the Buyer Exercises the Option
Signing a Contract to Sell Something to the Government before Owning the Product
Stipulating an Option to Annul a Sale after the Buyer Has Accepted the Original Offer
Signing a Contract to Sell Something to the Government before Owning the Product
Stipulating an Option to Annul a Sale after the Buyer Has Accepted the Original Offer
Can a Retailer Return Unsold Goods to the Wholesaler and Get a Full Refund?
Can the Islamic Bank Buy Goods from the Retailer and Make It Its Agent to Resell Them to Customers but Stipulate That the Retailer Buy Back Unpurchased Goods?
Can the Buyer Reserve the Right to Annul a Delayed-Delivery Sale Six Months after the Purchase?
Who Bears Liability for Goods Returned Due to Defects?
Is It Allowed to Stipulate an Option to Either Buy Leased Property at the End of the Lease Period or Renew the Lease?
Is It Allowed to Enter a Lease Contract That Ends with the Purchase of the Leased Property?
What is the Ruling on a Lease Agreement That Culminates in Ownership?
Is It Allowed To Lease to the Seller through a Separate Contract from the Sale Contract?
What Is the Ruling of Investment Fund for Ijarah?
Is it Allowed to lease a Building with the Option to Purchase the Building at a Pre-Agreed Price?
Is Allowed in BBA that the Sale Price Shall be Determined at the Time of Transferring any Part of The Land’s Ownership?
What Is the Shariah Ruling if the option of Annul Is Stipulated only for one Parte?
What is the ruling on khiyar al-shart (annulment option) for the buyer that is implemented in a number of Islamic financial institutions?
What is the ruling on participation in purchasing real estate ownership sukuk in Malaysia?
Is it Permissible to Purchase a Land’s Usufruct Together with the Constructed Facilities from a Company that Promises to Lease the Constructed Facilities from KFH?
Is it allowed to make a pre-agreement to execute a sale based on an endorsement of the bill of lading that transfers the ownership and without inspection of the goods described in the bill?
Is it allowed to make a pre-agreement to execute a sale based on an endorsement of the bill of lading that transfers the ownership and without inspection of the goods described in the bill?
Is it Allowed for the Bank to Purchase Machinery in Order to be Leased Out for a Specified Period in Exchange for an Annual Rent Agreed Upon Between the Bank and Lessee?
the Agreement of Sending Back, Replacement and Liquidation of Goods

Iqalah


A Client Pays Full Rent at the beginning of the Month but Leaves in the middle
A Tenant Requests Early Termination of a Lease Agreement
Buying an Asset That Is Leased to a Third Party
Can a Fee Be Charged to Transfer a Lease Agreement from One Tenant to Another?
Can a Tenant Cancel a Lease Agreement before Using the Usufruct?
Can the Customer Ask the Bank to Take His Place in a Construction Contract?
Can a Broker’s Fee Be Recovered if a Sale is Terminated?
Iqalah
A Pre-Existing Contract Between the Original Seller and the Purchase Undertaker in Murabahah
Is It Allowed to Charge a Late Penalty on a Credit Card Holder if He Misses a Payment?
A Prospective Customer Has Already Made a Down Payment to the Supplier
Can Murabahah Occur if the Prospective Buyer Has Already Given the First Seller a Down Payment?
Charging a Fee for Annulling a Sale or Transferring Registration of Ownership
How to Terminate a Pre-Existing Contract in Order to Effect a Murabahah Sale?
Seller Free From Guaranteeing Any Defect?
The Buyer Discovers a Defect in the Goods
The Intermediate Seller Lacks Detailed Knowledge of the Imported Goods
السحب المبكر من وعاء المضاربة
Hibah In The Takaful Industry
Cancelling A Murabahah Contract
What Is to Be Done if the Supplier Is Unable to Deliver Some of the Sold Goods?
What Is to Be Done in Murabahah about Anomalies in Delivery of the Subject of the Sale?
The Buyer Discovers a Defect or Shortfall in the Purchased Good
Stipulating No Liability for Defects in a Sale
Stipulating an Option to Annul a Sale after the Buyer Has Accepted the Original Offer
Stipulating an Option to Annul a Sale after the Buyer Has Accepted the Original Offer
What is the Rule When an Unrestricted Investment Deposit Holder Wants to Withdraw His Deposit before the End of the Deposit Period?
Can a Retailer Return Unsold Goods to the Wholesaler and Get a Full Refund?
Can the Islamic Bank Buy Goods from the Retailer and Make It Its Agent to Resell Them to Customers but Stipulate That the Retailer Buy Back Unpurchased Goods?
Can the Buyer Reserve the Right to Annul a Delayed-Delivery Sale Six Months after the Purchase?
If a Customer Cancels the Sale of His Used Car to the Bank after the Title Has Been Transferred, and the Bank Allows It, Can the Bank Charge Him for the Inspection Expenses It Incurred?
Who Bears Liability for Goods Returned Due to Defects?
How to Deal With an Exchange Discrepancy in a Canceled Sale That Involved Different Currencies?
Is it Allowed to Stipulate a Penalty Clause against the Defaulting Lessee in a Lease Contract?
Is It Allowed To Agree To Omit or Add New Tasks in a Construction Contract?
Is it Islamically Lawful for an Employer to Decline to Transfer the Work Permit of an Employee Who Resigns to Take a Better Offer?
Can an Investor Withdraw from an Investment Project before Its Term?
Can a Condition of Investment Link the Right of Withdrawal to Relinquishment of any Share in the Profit or Loss?
How to Treat a Customer Who Withdraws his Deposit from an Unrestricted Investment Account before the Agreed Time?
Is It Allowed to Restrict the Right to Withdraw from an Investment Deposit Account?
What is the Ruling on Terminating an International Murabahah Deal before Its Term?
Revisiting the Ruling on Terminating an International Murabahah Deal before Its Term
What is the Ruling on Withdrawal of a Deposit Made in Foreign Currency from an Investment Account Before the End of the Deposit Period?
Issues in Foreign Currency Investment
Is it Permissible to Make an Advance Rental Payment at an Agreed-Upon Percentage In a Real Estate Lease Contract Ending with a Promise to Own the Real Estate?
Is it Impermissible to Separate the Money of Depositors from the Money of Shareholders?
Charging Fees on Services
What is the ruling on charging a nominal fee for withdrawing an investment deposit before the end of its period?
Is it Allowed to Contract on a Commodity with a Customer that is Binding to Another Party?
Is it allowed to charge a fee to the purchase undertaker if he cancels or continues the purchase?
Is it Allowed for KFH to Ask for Compensation for Terminating the Contract of Sale?
What is the criterion for cancelation of the initial agreement in the Murabahah transaction between the customer and the supplier or the car dealer?
What is the Fatwa Committee’s Opinion on the Enclosed Copy of an ijarah muntahiyah bi al-tamlik Agreement?
What is the Ruling on Obligating the Lessee to Purchase the Leased Property at the End of ijarah muntahiyah bi al-tamlik Agreement?
Is it Allowed to Purchase Real Estate Property that is leased through ijarah muntahiyah bi al-tamlik and then to Lease it Back to the Same Lessee?
Is it Allowed for the Lessee of the Real Estate to Purchase it from the Company According to an Agreement between them?
What is the Ruling on Leasing a Building to the Owner of the Building’s Land?
Is a Lessee Allowed to Claim the Remaining Period Rent, or is the Lessor Allowed to Keep this Rent if a Lessee Wants to Terminate the Lease Agreement before the End of the Agreed Lease Term?
Is It Allowed to Terminate the Contract of BBA That Began To Give Effects of Ownership to Enter in a New BBA with the Same Customer?
What’s the Fatwa Committee’s Opinion Regarding the Account of the Members’ organization, the Condition for Cancelling the Insurance and the Insurance Intermediaries’ Commission?
Termination of Ijarah Contract
Hibah in Takaful
Principle of Utmost Good Faith in Takaful
Restructuring and Rescheduling in Islamic Financing Agreement
Is it Allowed for the Bank to Purchase Goods on Cash Basis from a Mudarabah Investment in order to Sell the Goods on Murabahah Basis Providing that the Bank is the Capital Provider of the Mudarabah?
Is It Allowed for KFH to Enter into an Istisna’ Contract with a Customer Who Had Already Entered into a Contract with a Contractor Who Had Already Carried Out Some Simple Work?
Is It Allowed to Accept the Request of a Customer Who Offered to Give Up His Profits in Order to Withdraw His Investment Deposit Before the End of the Period?
Is It Allowed to Stipulate That Customers Requesting to Withdraw Their Short-Term Investment Deposit Before the End of the Period Must Renounce Their Right to Profits?
Is There Any Shari’ah Objection to Not Granting an Employee Whose Service Is Ended by Disciplinary Dismissal the Advantages Enjoyed by Employees Whose Service Is Ended Normally or by Resignation?
The Deals Contracted between the Client and the Exporter Prior to the Murabahah Contract
Subrogation of the Client by the Bank before the Settlement of the Debt
Eligibility of the Bank in Part of the Profit in the Event of the Cancellation of the Murabahah Transaction
Cancellation in Order to Enter into Executed Transactions on Murabahah Basis
مشاركة البنك أحد العملاء في عقد المشاركة بالأرباح إذ إن التمويل من جانب البنك وتصريف البضاعة من جانب العميل

Ta'widh


Who Is Liable for Damages to Rental Property?
Claiming Legal Expenses From The Customers
Forward Foreign Currency Transaction
Giving Hibah As Compensation For Delayed Payments
Ta'widh On Judgement Debt
A Seller Agrees to Accept Expired Products from the Buyer and Replace Them with New Products
Is It Permissible for Any Party of the Contract to Increase the Value of the Contract After Signing It and Concluding the Sale?
Is It Permissible to Contract a Sale of Goods That Have a Defect on the Condition That the Defect Be Explained to the Him Before the Contract Is Concluded?
Is It Allowed to Sell a Government-Issued License to Undertake a Project?
Any Link between the Insurance Settlement for Damaged Goods and the Seller’s Settlement with the Purchase Undertaker?
Damage to or Loss of the Purchased Good
Defects In The Subject Matter
Insurance Compensation for Damaged Goods Exceeds the Actual Loss; What to Do with the Excess?
Is It Lawful for the Bank to Ask the Purchase Orderer to Guarantee It against Damages Caused to the Bank by the Primary Seller?
Overcompensation by the Insurance Company above the Actual Damage
The Buyer Guarantees the Reliability of a Fraudulent Exporter. Who Is Liable?
The Purchase Undertaker Requests the Intermediate Seller to Pass on Insurance Compensation for Damaged Goods
غرامة التأخير للعملاء في حالة المماطلة في سداد مبلغ الاعتماد
فرض غرامة تأخير على العميل الذي لا يفي بالتزاماته
غرامة التأخير والمماطلة في السداد
نكول الواعد بالشراء في شراء العملات
عقد الصرف الآجل
تحميل الوعاء العام مصاريف إصدار بطاقة التقسيط
تعويض العميل من قيمة البضاعة التالفة قبل تسلمه إياها
قيام البنك عند تلف البضاعة المستوردة باستيفاء مبلغ من شركة التأمين يزيد عن المبلغ الذي دفعه البنك
تحويل عملية مرابحة فاسدة إلى قرض حسن
مدى جواز تسجيل المبالغ الزائدة عن أصل الدين ضمن أرباح البنك
(كسر الوديعة (التخارج
Delayed Payments In A Murabahah Contract
Resolution No. 50 (2/6): Rulings on Installment Sales
Various Issues
What Is to Be Done if the Supplier Is Unable to Deliver Some of the Sold Goods?
Can a Credit Cardholder Refuse the Life Insurance Contract That Comes with It?
Commissions on Third-Party Insurance Policies
Fire Insurance
Full Compensation for a Damaged Insured Item That Has Not Been Fully Paid for
If Some of the Goods Are Damaged, Must the Price Be Adjusted?
If the Value of Insured Property Fluctuates, What Should the Insured Value Be?
Insurance against Investment Risks
Insurance against Vandalism
Insuring Cars and Other Items
Insuring Cash at Bank Branch Offices
Insuring Valued Possessions against Fire, Theft, Etc.
Is Comprehensive Auto Insurance Allowed?
Marine Insurance for 110% of the Goods’ Value, Taking into Account Shipping Expenses among Other Factors
The Permissible Limits of Insurance Compensation
Transferring the Right to Benefit from Insurance to a Purchase Undertaker after the Sale
Transporting Goods with a Guarantee against Loss
Various Types of Banking Insurance
What Compensation Amount Should Be Obtained When Insuring Furniture against Fire?
When the Award for Personal Accident Insurance Exceeds the Diyah
Imposition Of Ta'widh In Islamic Finance
Accepting Hibah from The Customers
A Penalty Clause for Delay in a Murabahah Contract
Can a Penalty Clause for Late Payment Be Added to an Islamic Banking Contract?
What if an Unscrupulous Debtor Delays Payment to an Islamic Bank because It Doesn’t Charge Interest?
Who Is Liable for Goods Damaged after Reaching the Port if the End Buyer Did Not Delay in Trying to Claim Them?
Can a Financial Penalty Be Imposed for Breach of a Promise to Buy?
Can a Bank Put a Clause in an Installment Payment Contract Requiring the Buyer to Pay a Penalty for Late Payment?
Can the Lessor Charge the Lessee a Fee for Transferring the Lease to His Name?
Is “Key Money” Lawful When Leasing Shops?
Is It Allowed to Enter into Lease Contracts That Include Penalty Clauses? If So, What Should Be Done with Penalty Fees Collected?
Is Someone Entrusted with a Deposit Liable if It Gets Lost or Stolen?
Who Has the Right to Money Taken from Contractors Due to Construction Delays?
What is the Ruling on Providing Additional Services That Include Life Insurance to Visa Gold-Card Holders?
Some Conditions for Issuing a Visa Card
Is a Guarantee against any Defect in the Product of Istisna‘ Allowed?
Is it Allowed For an Islamic Bank to Accept Government Compensation for Lost Income Due to Force Majeure?
What are the Conditions of Istisna‘ Contract?
Resolution No. 133 (14/7): The Problem of Arrears in Islamic Financial Institutions
Is it allowed to charge a fee to the purchase undertaker if he cancels or continues the purchase?
Is it Allowed for KFH to Ask for Compensation for Terminating the Contract of Sale?
Is it permissible to request the client to pay a fee as a guarantee to show his commitment to purchase the property that he promised to buy?
Is It Allowed to Charge Rescheduling Fees Equivalent to the Actual Expenses Incurred by the Lessor?
Is it Allowed to Charge Fixed Rescheduling Fees that Are Based on Commercial Standards so that the Fees Charged by KFH Are in Line with Those Charged by Other Banks?
What is the Ruling on Leasing a Building to the Owner of the Building’s Land?
Is a Lessee Allowed to Claim the Remaining Period Rent, or is the Lessor Allowed to Keep this Rent if a Lessee Wants to Terminate the Lease Agreement before the End of the Agreed Lease Term?
Is it Allowed to Charge for Rescheduling the Payment of Installments upon The Customer’s Request?
Is it Allowed for KFH to Charge a Fee from Customers Who Withdraw their Financing Applications During the Promise Stage?
Imposition of Ta`widh and Gharamah in Islamic Financing Facilities
Imposition of Compensation on a Customer who Makes Early Settlement
Method of Late Payment Charge on Judgment Debt
Wang Pampasan Kematian Pekerja Yang Dianugerahkan Oleh Kerajaan Atau Syarikat Swasta
Status Pampasan Polisi Insurans Konvensional Selepas Kematian Pembeli Polisi
Who Bears the Loss in a Murabahah to the Purchase Order Financing Due to an Accident that Occurred Before the Goods Are Delivered to the Client?
What’s the Shariah Opinion Regarding Setting the Price of Good on the Day the Contract is Signed and Then This Price Will Be Adjusted to Determine the Final Price?
What’s the Shariah Opinion Regarding the Customers Bearing the Cost of Knet Services?
What’s the Shariah Opinion Regarding Paying Installments by CreditCard in Which KFH Incurs a Fee of 2% of the Installment Amount That Must Be Paid to CreditCard Issuer Bank?
Is It Allowed for KFH to Increase the Services Available to Its Credit Card Holders in Return for an Increase in the Membership Fee?
What’s the Shariah Opinion Regarding Updating and Adjusting Some of the Fees Charged for Some of the Local Real Estate Department’s Transactions?
Is It Allowed to Add a Given Amount of Money to a Sale Contract in Order to Cover the Expenses of Services That Customers Request KFH to Carry Out After the Sale Process is Completed?
Is KFH Liable for Not Being Able to Trade in His Customer’s Pre-Invasion Kuwaiti Currency Notes Because KFH Was Late in Opening His Safe Deposit Box After the Liberation from Iraq?
Is There Any Shari’ah Objection to Not Granting an Employee Whose Service Is Ended by Disciplinary Dismissal the Advantages Enjoyed by Employees Whose Service Is Ended Normally or by Resignation?
RESOLUTION No. 13 (1/3): QUESTIONS SUBMITTED BY THE ISLAMIC DEVELOPMENT BANK (IDB)
Liability of Goods Damage Prior to Delivery in Murabahah Transactions
Client Guarantee for Commodity Soundness in Murabahah Transactions
Existence of Damage, Deficiency or Otherwise
Default in Payment of Murabaha Debt
Bearing the Expenses of the Cancelled Credit
Bearing of the Expenses Incurred before the Cancellation of Murabahah Transactions
تعزيز البنك للاعتماد المستندي بناء على طلب العميل وتحميل العميل النفقات
جواز أخذ الأجرة عن تمديد مدة الاعتماد المستندي
سداد البنك عند تخلف المتعامل عن سداد البضاعة في الاعتماد مؤجل الدفع
التزام الوكيل بسداد المبلغ الذي تجاوز به حدود التسهيلات الممنوحة له
سداد البنك في اعتماد الوكالة مؤجل الدفع

Gharamah


Can a Contractor Be Fined for a Delay in Completing a Job if No Damage Results from the Delay?
Penalty should be proportionate to actual damage
What is the Proof That a Bank Can Charge for the Expenses of Issuing a Letter of Guarantee?
Ta'widh On Judgement Debt
Can a Bank Stipulate Up-Front That, if a Customer Misses a Payment, He Must Pay Two Instalments?
Is It Allowed to Charge a Late Penalty on a Credit Card Holder if He Misses a Payment?
Fine Imposed by The Customs
صيغة الشرط الذي يضمن بالعقود لإلزام العميل بالزيادة التي تضاف لحساب مخصص الديون المتعثرة
إنفاق حصيلة الإيرادات الناتجة من الفوائد المحرمة وغرامات المدينين المعسرين المماطلين
غرامة التأخير للعملاء في حالة المماطلة في سداد مبلغ الاعتماد
(الغرامات المفروضة على المصارف من قبل البنك المركزي (بنك السودان
فرض عقوبات في حالة مماطلة المرابح
فرض غرامة تأخير على العميل الذي لا يفي بالتزاماته
غرامة التأخير والمماطلة في السداد
نكول الواعد بالشراء في شراء العملات
عقد الصرف الآجل
Delayed Payments In A Murabahah Contract
Murabahah Debt Restructuring with Central Banks as Guarantor
Resolution No. 50 (2/6): Rulings on Installment Sales
LG from a Conventional Bank as Security in Murabahah
Imposition Of Ta'widh In Islamic Finance
Judgement Of The Court With Regard To Penalties On Delayed Payments
Accepting Hibah from The Customers
A Penalty Clause for Delay in a Murabahah Contract
A Penalty Clause for Late Payment
Is it Lawful to Financially Penalize a Rich Debtor Who Delays Payment?
What Can an Islamic Bank Do if a Debtor Who Can Afford to Pay Delays Payment?
What if an Unscrupulous Debtor Delays Payment to an Islamic Bank because It Doesn’t Charge Interest?
Selling to Someone Who Will Resell Using Interest-Based Contracts
Selling to Someone Who Will Resell by Charging Interest
Who Bears Unexpected Demurrage Charges in a Murabahah Contract?
Can a Company in Partnership with an Islamic Bank Claim Reimbursement for Interest Charges on a Letter of Guarantee the Partner Got from a Conventional Bank without Consulting the Islamic Bank?
What is the Ruling on Selling Cars to a Usurious Institution?
What Is the Ruling on Sale by Installments?
Can a Financial Penalty Be Imposed for Breach of a Promise to Buy?
Can a Bank Put a Clause in an Installment Payment Contract Requiring the Buyer to Pay a Penalty for Late Payment?
Is it Allowed to Stipulate a Penalty Clause against the Defaulting Lessee in a Lease Contract?
Is It Allowed to Enter into Lease Contracts That Include Penalty Clauses? If So, What Should Be Done with Penalty Fees Collected?
Who Has the Right to Money Taken from Contractors Due to Construction Delays?
Can a Bank Take a Commission from Merchants Who Accept Its Debit Card for Payment?
Is It Allowed to Participate in a Project Involving Contracts That Contain Some Prohibited Clauses?
What is the Ruling of Investing in a Project that Aims to Purchase Shares of A Company?
Resolution No. 133 (14/7): The Problem of Arrears in Islamic Financial Institutions
What is the Ruling of Penalty Clause?
What is the shari‘ah ruling on penalty clause?
Is It Allowed for the Law Firm to Charge Fees to the Lessee for Late Payment?
Imposition of Ta`widh and Gharamah in Islamic Financing Facilities
Method of Late Payment Charge on Judgment Debt
Late Payment and Additional Recourse Charge
Hukum Penyaluran Hasil Gharamah Institusi Kewangan Islam Ke Baitulmal
What’s the Shariah Opinion Regarding Penalties on Credit Cards Holders Due to Violation of the Conditions of the Contract?
Is It Allowed to Accept the Request of a Customer Who Offered to Give Up His Profits in Order to Withdraw His Investment Deposit Before the End of the Period?
Is It Allowed for KFH to Retain the Late Penalty Charges on Defaulting Customers?
What’s the Shariah Opinion Regarding the Islamic Credit Card Project Concerning the Purchase of Silver and Gold Islamic Cards Proposed by ABC Islamic Bank?
What’s the Shariah Opinion Regarding the Addition of American Express Services to KFH’s Point of Sale Equipment?
RESOLUTION No. (51/2/6): 'SALES ON INSTALLMENTS'
Commodity Storage Expenses and Demurrage Penalty etc. in Murabahah Transactions
The Condition of Delay Penalty in Murabahah Transactions

Others


What Is the Rule for Pictures Printed on Certain Food Items Such as Pictures of Humans or Animals?
Is It Permissible to Trade in Playing Cards and Tobacco?
Is It Permissible for Men to Use Gold?
What Is the Shariah View Regarding the Purchase and Sale of the Holy Quran?
Is It Permissible to Trade in Children’s Toys That Comprise of Dimensional Images?
Is It Permissible to Import Meat and Chicken from the United States of America?
Resolution No. 107 (1/12): "Delivery and Tendering Contracts"
RESOLUTION No. 100 (3/11): ISLAM FACE TO FACE WITH MODERNISM
RESOLUTION No. 99 (2/11): SECULARISM
RESOLUTION No. 101/3/10: SACRIFICIAL ANIMALS AND SHARI'A RULES FOR SLAUGHTERING THEM
RESOLUTION No. 84/1/9: GOLD TRADE, SHARI'A SOLUTIONS FOR COMBINED CASH AND TRANSFER PAYMENTS
Deferred Sale of a Precious Metal Other Than Gold or Silver
it Allowed to Use Music in Advertisements?
What is the Shari‘ah Ruling on Trading in Musical Instruments?
TIME SHARING قرار رقم 170 (8/18) بشأن عقد التملك الزمني
قرار رقم 168 (6/18) بشأن تحديد سن البلوغ وأثره في التكليف
قرار رقم 132 (6/14) بشأن عقود الإذعان
سفر المرأة بغير محرم
اقتناء أضحية العيد من صندوق الإيرادات قيد التصفية
شطب الديون الهالكة في حالة الأموال التي تدفع لأوجه الخير
Trading in Children’s Dolls
Selling Platinum for Deferred Payment
Selling Goods That Have Pictures of People or Animals on the Packages
Selling Goods in Packaging with Human or Animal Images
Stipulating that Customers not Deal with Competitors
Selling Human Hair to the Textile Industry
Selling Human Hair to the Textile Industry
How to Deal with the Profits of Customers Who Don't Come to Claim Their Profits?
Is it Allowed to Eat Cheese Made with Rennet from Calves that Were Not Slaughtered Islamically?
What is the Ruling on Fixing an Inanimate Symbol to a Building?
Can a Muslim Eat Meat from Restaurants or Stores in Christian or Jewish Countries?
What is to be Done about Imported Meat When There is Doubt About the Halal Slaughter Certificates Being Authentic?
Can an Islamic Bank Finance an International School Set Up and Run by Non-Muslims to Teach Muslim Children?
What is the Ruling on Trading in Antiquities?
Can a Woman Work During the ‘Iddah?
Can an Islamic Bank Hold Shares in a Company That Produces Da’wah Materials That Contain Music?
Can a Commercial Institution Distribute Cards in Mosques Containing Information about Its Activities?
Can a Muslim Landlord Allow a Swimming Pool It Owns to Be a Place of Free Mixing between Males & Females?
Can 3-D Cartoon Characters Be Used in Displays Intended for Children?
The Use of Mannequins to Display Clothing
What is the Ruling on Men Training Female Employees?
Can Stories for Children Use Drawings of People?
Is It Allowed to Build a Swimming Pool in a Hotel?
Is It Allowed to Install a Satellite Dish for an Apartment Complex?
Is It Allowed to Conduct Mixed Training Programs for Male and Female Employees?
Is it Allowed to finance the issuance of a pocket guide for pilgrims?
Is it allowed to finance a hotel project in Kuwait on land belonging to KFH and leased to the client?
Is it Allowed to Install Access to Television Channels that Do Not Transmit Indecent Shows or that which Clashes with Islam and its Objective?
Is it Allowed to Install Access to Television Channels that Do Not Transmit Indecent Shows or that which Clashes with Islam and its Objective?
What’s the Fatwa Committee’s Opinion Regarding Organization of the Business of Islamic Banks Issued by the Central Bank of Kuwait (CBK)?
Is it Allowed to Let Unlawful Practices Like Mixed Gender Swimming Pool In An Islamic Activity?
Is it Allowed to Invest in Residential Complexes that Contain Mixed-Gender Swimming Pool?
Application of “Substance over Form” Principle in Islamic Finance
Hukum Jual Beli Dan Pelaburan Emas Yang Dijalankan Oleh Syarikat Genneva Malaysia Sdn. Bhd
Hukum Menjadikan Caruman Kumpulan Wang Simpanan Pekerja (KWSP) Sebagai Harta Sepencarian
Akaun Simpanan Yang Tidak Aktif Dalam Lembaga Urusan Dan Tabung Haji
Is It Allowed for KFH to Invest in a Company that Mainly Manufactures Temporary Birth Control Medicine?
RESOLUTION No. 4 (4/2): THE QADIANIYYA
RESOLUTION No. 11 (11/2): THE UNIFICATION OF THE BEGINNING OF LUNAR MONTHS
RESOLUTION No. 18 (6-3): UNIFICATION OF THE BEGINNING OF LUNAR MONTHS
RESOLUTION No. 23 (11-3): THE QUESTIONS SUBMITTED BY THE INTERNATIONAL INSTITUTE OF ISLAMIC THOUGHT IN WASHINGTON, DC (USA)
RESOLUTION No, ( 61/12/6): THE TOPICS TO BE STUDIES AND SEMINARS PROPOSED BY THE PLANNING COMMITTEE
RESOLUTION No. (62/13/6): RECOMMENDATIONS OF THE SIXTH SESSION
Expropriated Property
RESOLUTION No. 3 (3/2): THE RELIGIOUS INQUIRIES SUBMITTEDBY THE INTERNATIONAL INSTITUTE OF ISLAMIC THOUGHT IN WASHINGTON, DC (USA)

Qabd


Dollars Are Purchased at Different Prices on the Same Day; Which Price Should the Customers Be Charged?
Resolution No: 13 (1/3)[1]: Concerning The Islamic Development Bank’s inquiries
A Shari‘ah-Compliant Alternative to an Option Contract
Buying Gold That Has Been Deposited with the Buyer
Can a Customer Islamically Transfer a Traveler’s Check to Another Person in the Same Currency?
What Is the Rule on Purchasing Gold Jewelry Set with Gems on a Deferred Basis?
Is It Permissible to Give a Discount to the Client on the Whole Quantity from the Beginning of the Signing of Contracts When the Commodity and the Payment for It Are Delivered in Stages?
Is It Permissible to Buy Goods Which Are on a Ship at Sea by the Testimony of the Carrier and Then to Sell These Goods by Making the Carrier an Agent?
What Is The Shariah Ruling on a Sale Contract When the Price Is Collected Before the Goods Reach the Country?
Will Shipping the Goods on the Request of the Purchase Undertaker Be Considered as Only Taking Possession Without Ownership?
Is It Permissible to Deliver the Goods Which Have Arrived Before Their Documents to the Client in a Murabahah Agreement?
What Are the Rules of Taking Possession in Currency Trading with Regard to the General Practices of Banks?
What Are the Rules Regarding Conditions Governing Murabahah Contract?
Is It Allowed to Buy Agricultural Products or Any Minerals Other Than Gold or Silver Which Is in the Actual Possession of the Seller?
A Discrepancy is Found in Murabahah Goods That Were Sold before Possessing Them
Resolution No. 65: Repurchasing checks issued by the Corporation to correspondent banks overseas
Resolution No. 120: Putting the name of the Corporation in newspaper ads along with the names of agencies selling cars by installments
Resolution No. 152: The Trade Line Scheme that the Corporation wishes to use in dealing with its clients
Resolution No. 157: The Corporation selling ready-mixed concrete
Resolution No. 159: The Corporation selling gold, silver and currencies to its clients
Resolution No. 161: The permissibility of the seller of a commodity to Al Rajhi providing a guarantee of the party purchasing from Al Rajhi
Selling Goods Based On Its Specifications
The Customer Colludes with the Bank’s Agent to Get Financing by a False Sale
Deferred Installment Sale: Issue Of Selling Assets That Is Not In One’s Possession And Compensation For Refusal To Buy The Subject Matter
Murabahah Mudawwarah: Actual Or Constructive Possession
Hibah In The Takaful Industry
Murabahah Structure
Murabahah+Agency
Owning Goods Before Selling It
What Is to Be Done if the Original Seller Does Not Deliver the Good to the End Buyer?
What Is to Be Done in Murabahah about Anomalies in Delivery of the Subject of the Sale?
When the Goods Arrive before Their Shipping Documents
A Commodity Purchase Option
Appointing the Original Seller as an Agent, and Making Him a Guarantor for the Price
The Buyer Asks the Seller to Store the Purchased Goods in His Warehouse
Selling The Subject Matter Of Salam Before Its Possession
Selling Gold Jewelry Set with Gems by Deferred Payment
What Constitutes Possession (Qabd)?
Is Storage in Public Warehouses with Certificates Detailing the Specifications of the Commodities Considered Possession that Allows Resale?
A Discrepancy is found in Murabahah Goods That Were Sold before Possessing Them
Is It Allowed to Take Security for a Debt before the Debt is Incurred?
Is Storage in Public Warehouses with Certificates Detailing the Specifications of the Commodities Considered Possession that Allows Resale?
Can a Contract Be Signed with a Purchase Undertaker before the Official Ownership Transfer Procedures Are Completed
What Constitutes Possession of Equipment When the Contract Requires Its Installation in the Buyer’s Building?
Can Delivery Be Deferred of Both the Sold Good and the Price in a Sale?
Can the Buyer Reserve the Right to Annul a Delayed-Delivery Sale Six Months after the Purchase?
Who Bears the Liability for the Goods in a Murabahah Sale at Various Stages of the Process?
If the Bank Buys Goods from a Dealer, Can It Make the Dealer Its Agent to Sell The Goods to Others?
Can the Buyer/Reseller Store the Purchased Goods in the Primary Seller’s Warehouse before the Second Sale?
Can the Bank Appoint an Employee of a Supplier as the Bank’s Agent to Receive and Deliver Goods?
Is Full Payment Required Up-Front if Delivery of the Purchased Goods Is Delayed?
Is It Allowed to Appoint the Seller as an Agent to Safeguard the Purchased Commodity and Deliver It to Third Parties?
What Is the Ruling on Buying Currencies?
Resolution No. 53/4/6: Possession: its different forms, especially its modern forms and their rules
Is Good Inspection Obligatory in Both Musawama and Murabaha Contracts?
Is it allowed to offer tawarruq on shares instead of construction materials (iron and cement)?
Is it Allowed to invest in projects that include loopholes related to bay’ al wafa’ (sale with the right of repossession)?
Is it allowed to invest on behalf of the customers in commodities and minerals in which banks compete to invest the wealth of their customers?
Is it Permissible in a Murabahah Contract for the Customer to Haste to Accept Direct Shipment of the Goods before KFH Had Purchased Them?
Is it Allowed to Enter into a Contract with an Owner of Residential Units in Makkah in which the Contract Grants KFH the Usufruct of the Residential Units for the Period of 99 Years?
Is It Allowed to Terminate the Contract of BBA That Began To Give Effects of Ownership to Enter in a New BBA with the Same Customer?
Hibah in Takaful
Proposed Operational Model of Commodity Murabahah House (Now Known as Suq al-Sila`)
Is it allowed to make a pre-agreement to execute a sale based on an endorsement of the bill of lading that transfers the ownership and without inspection of the goods described in the bill?
Is it allowed to make a pre-agreement to execute a sale based on an endorsement of the bill of lading that transfers the ownership and without inspection of the goods described in the bill?
What Is the Ruling on Financing the Purchase of Jewelry (Gold and Gems)?
RESOLUTION No. 13 (1/3): QUESTIONS SUBMITTED BY THE ISLAMIC DEVELOPMENT BANK (IDB)
RESOLUTION No. (53/4/6): "POSSESSION : ITS DIFFERENT FORMS, ESPECIALLY THE MODERN FORMS AND THEIR RULES"
Goods not Possessed or Received in Murabahah Transactions
Condition of the Commodity Possessed by the Purchase Orderer in Murabahah Transactions
Murabaha in Shares
Damages Resulting from Delay of goods Delivery in Murabahah Transactions
Delay in Payment of Goods Price to the First Seller
Selling Goods on Murabaha before Possession
Shipment Documents in Murabahah Transactions
Arrival of the Goods Prior to the Arrival of the Documents in Murabahah Transactions
ورود المستندات قبل البضاعة في اعتمادات تمويل المرابحة
Conditions for Validity of Bai` `Inah Contract
What is meant by this separating period of time? Is it in hours, days?

Islamic Financial System ©

 

 


I-FIKR Sponsors