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Tag:

penalty

  • Banking and InterestInvestments and ContractsIslamic FinancePermissible and Impermissible

    Monetary Penalty for delayed rental. How do I circumvent this?

    by Mufti Faisal October 17, 2020
    October 17, 2020 2 minutes read

    Question: I have read your answers stating that Monetary Penalty is tantamount to Ribaa. I …

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  • Investments and ContractsIslamic Finance

    There is a Smartphone app for iPhone and Android called GymPact. Is it permissible to use?

    by Mufti Faisal April 3, 2013
    April 3, 2013 3 minutes read

    Question: My question is about financial rewards and compensation. There is a Smartphone app for …

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Mortgage Purchase in this specific situation

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1) Zakat on current & Saving Account. 2)...

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