Many people loan one another money without [contractually] writing anything; Thereafter, problems occur between them along with the loss of one’s right – the extent of which only Allaah truly knows.
Category: Borrowing & Lending
Father died leaving behind debts
Our father died leaving behind many debts. He had a number of children – some of whom are poor, and others who are wealthy; so should the wealthy of his children pay off their father’s debts?
Settling debts
I have debts [amounting to] about 50,000 [Saudi] Riyals; so which supplication should be made to [aid the] fulfillment of the debts?
We exchanged the television for a computer
Allaah blessed us with guidance in exchanging the television for a computer such that we can [now] watch what we wish of beneficial films.
Using a credit card
There are banks which provide their customers with a card called “Visa”.
Working for a company which takes a loan from a bank which deals with ribaa
I am an accountant in a trading company, and this company is forced to take out loans from a bank which deals in ribaa.