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Some Rulings on the ... Date Added: 03-04-2025

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The most Important Rulings ... Date Added: 24-03-2025

The Virtue of the Ten Days ... Date Added: 20-04-2025

Al-Masalih Al-Mursalah and ... Date Added: 15-04-2025

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His Eminence Sheikh Nuh, a ... Date Added: 08-04-2025

Fatawaa - Search Sections - (Pledged Property (given as security

Ruling on Mortgaging a Commodity prior to Concluding the Contract

Is it permissible to mortgage a commodity, as a security for funding, prior to concluding the Murabaha or Istisna` contract, knowing that an initial funding contract had been signed?

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: A Debtor`s Possession of a Mortgaged Item isn`t a Condition

If one person sold his car to another by installments, and the latter sold the same car to another through the same manner, but the second person asked the third to mortgage the car to the first one; does the first seller have the right to collect the installments of the debt owed to him by selling the mortgaged car ?

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Ruling on Conditioning Mortgaging a Commodity by its Price

Is  purchasing a flat via Murabah contract from the  Arab Islamic Bank and mortgaging it to the latter lawful or unlawful from the view point of Sharia?

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It is Forbidden to Mortgage one`s Property in Favor of Another in Exchange for a Sum of Money

A certain company wants to get a loan from a certain bank, but the latter stipulates that the former mortgage a property in its favor. Since the company has no property, a friend volunteered to mortgage his property as collateral. Is it permissible for the friend to receive an amount of money in exchange for that?

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