Banking Archives - Darul Ifta - Darul Uloom Azaadville

Interest Earned On A Bank Account Used To Pay Bank Charges

Question Can I use the interest earned on my bank accont to pay off the bank charges? Answer Bank charges […]

Question FNB has an ebucks rewards program whereby FNB customers gain ebucks through two means: Firstly FNB directly rewards customers […]

Question Are U-Count rewards permissible? Answer The Fatwa of our Darul Ifta in regards to points or rewards is as […]

Question Is it permissible to do bank auditing? Answer No, it won’t be permissible to do bank auditing. To work […]

Question If a person has for example R60000 in a bank account due to which he earns interest of R8000 […]

Question I have a ______ bank account. The account, like other banks, incurrs interest every month. _____, has of recently […]

Question I am charged a monthly fee of £13 for my debit card and bank account. Is this OK? Answer […]

Question Please advise with regards to the following: What avenues are permissible for one to dispose of the interest accrued […]

Question I am not too convinced with the present day islamic finance which is applied in the conventional banks as well […]

Question The previous committee of a Masjid had opened an Islamic account which comes together with a savings pocket. If […]