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Some Fatwas of Islamic Banks



Iftaa' Department


*  Ruling on Financing Customs Duty through Murabaha

*  Ruling on "Earnest Payment" in Murabaha and Finance Lease

*  Imposing Commission on Current Account if Balance Drops below the Specified Amount

*  Ruling on Letters of Guarantee and Taking a Commission for them

*  Ruling on Prizes for Savings Accounts in Islamic Banks

*  Observations on Contracts of Murabaha to the Purchase Orderer

*  Islamic Banks must Adhere to the Conditions of Murabaha Contract of Sale

*  Islamic Bank Must Own Commodity before Selling it to Client

*  Binding Client by "Promise to Purchase" in Murabaha Contract doesn`t Mean that Sale Transaction Takes Place before Commodity is Transferred into the Possession of the Client

*  Ruling on Building Decorations for Stores through Murabaha

*  Murabaha Contract of Sale is Permissible in Sharia

*  Employees of Islamic Banks must Commit to Islamic Application of Contracts

*  It is Permissible to Stipulate Covering Debt Payments in the Event of Debtor`s Failure to Pay on Time

*  Commodity Murabaha in the Jordan Islamic Bank

*  Ruling on the Finance Lease of the Jordan Islamic Bank

*  Ruling on the Murabaha Contracts of the Jordan Dubai Islamic Bank

*  Ruling on the Closed-End Lease of the Arab Islamic Bank after Last Amendment Made in Ramadan 1431H

*  Is the Auto Murabaha of the Arab Islamic Bank-where Fees of Ownership Transfer are Paid Once-Valid?

*  The Sharia Evidence on Linking Rent with a Changing Margin in the Closed-End Lease of the Arab Islamic Bank

*  Ruling on Personal Financing Used by some Islamic Banks

*  Wants to Raise the Price of the Property to Get the Cash

*  Some Types of Fraud People Use to Trick Islamic Banks

*  Islamic Ruling on Insurance of Debt

*  Ruling on Interest-Free Loans Granted by the Islamic Bank to Teachers

*  Islamic Ruling on Investing in the Islamic International Arab Bank

*  Ruling on Opening Savings Accounts at Islamic Banks

*  Ruling on the Profits Distributed by Islamic Banks

*  How to Divide a Joint Bank Account among the Heirs?

*  Ruling on the Joint Investment Account Offered by Al-Rajhi Bank

*  Resolution No.(49): "Ruling on Financing the "Diminishing Partnership" Offered by the Central Bank to its Employees"

*  Resolution No.(53) : “ Ruling on Awards Offered by the Islamic Bank in Accordance with a Particular Mechanism “

*  Resolution No.(167): "Ruling on the Uncovered Credit Card at the Islamic Bank"

*  Resolution No.(171): "Ruling on Organized Tawaroq Sale Carried out by some Islamic Banks"

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summarized Fatawaa

What is the ruling on having slight discharges of menstrual blood during daytime of Ramadan, and before Maghrib time?

A woman who is certain that her menses have started during daytime of Ramadan is in a state of menstruation, and her fasting is considered broken at first sight of blood. However, she is rewarded for not breaking fast at the beginning of daytime.

Was Prophet Jesus (Peace be upon him) baptized?

It is established that Prophet Jesus (peace be upon him) was circumcised on the eighth day after his birth, as was the case with all children of the Children of Israel. And Allah The Almighty Knows Best.

Does a Quran broadcaster sin if he shift to another surah or chapter without informing the listener?

The Quran must be broadcast as it was recited by the reciter and in a manner that conveys respect and reverence. And Allah The Almighty Knows Best.

A man has married a second wife and deprived the first from provision and overnight stay. He spent most of his time and wealth on his second wife. After sometime, the latter got sick and was diagnosed with breast cancer, which made him forsake her in bed and return to his first wife. What is the position of Sharia on this?

All perfect praise be to Allah the Lord of the Worlds. May His peace and blessings be upon Prophet Mohammad and upon all his family and companions.
It is forbidden for a woman to forsake her husband in bed without a lawful excuse since this is one of the mutual rights of spouses. When the wife abstains from making love to her husband without a lawful excuse, she is considered sinful. This is because the Prophet (PBUH) said: "If a woman spends the night deserting her husband's bed (does not sleep with him), then the angels send their curses on her till she comes back (to her husband)." [Agreed upon]. And Allah The Almighty Knows Best.

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