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Resolutions of Iftaa' Board


Resolutions of Iftaa' Board

Date Added : 02-11-2015

 

Resolution No.(72): “Ruling on Charging a Percentage on Loans as an Allowance for Administrative Expenses and the Like“

Date: 18/9/1424 AH corresponding to 12/11/2003 AD.

 

The Board received the following question: 

What is the ruling of Islamic Sharia on charging a percentage on loans as an allowance for administrative expenses and the like?

Answer: All success is due to Allah.

The Board is of the view that giving cash loans up to (800) JDs without a guarantee and with charging 3% as a contribution and allowance for administrative expenses isn`t permissible because this percentage is considered usury. However, it is permissible to charge a specific sum in return for administrative expenses and as a contribution, whether the loan is big or small. And Allah Knows Best.

 

Chairman of the Iftaa` Board, Chief Justice, Izzaldeen At-Tamimi

Dr. Yousef Ghyzaan

         Dr. Abdulsalam Al-Abbadi

      Dr. Wasif Abdulwahaab

  Sheikh Saeid Hijjawi

           Dr. Mohammad Abu Yahia

 

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Summarized Fatawaa

Is it permissible to give lessons to mixed students of the seventh grade?

It is impermissible to give private lessons to mixed students since such an act leads to serious consequences for the students in this grade are teenagers.

Is it permissible for a young man to marry a young woman who is only seven months older than him?

All perfect praise be to Allah the Lord of the Worlds. May His peace and blessings be upon our Prophet Mohammad and upon all his family and companions.
From an Islamic perspective, it is permissible for a man to marry an older woman. And Allah The Almighty Knows Best..

Is it permissible for me to name my daughter "Leen"?

“Leen” means “ease”, and there is no harm in giving your daughter that name.

What is the ruling on reciting verses from the Qur'an over water, drinking it, and using it to break magic spells, heal illnesses, or burn jinn?
 
 
 
 
 

There is no harm on reciting verses of the Holy Qur'an over water and use it for cure. And Allah Knows Best.

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