Lending money

Claiming back the difference arising from inflation and deflation on the a loan is also considered as interest and is prohibited.

Remember! – Zakaat is due on lent money.

Keywords: Qarda, Kharza, Qarza

Interest based Student’s Loan

Is it permissible?

Interest based loan to start a business

Can we take loan from a bank for business?

Interest-based loan to buy house

Is it permissible?

Working as auditor for Banks

Is it permissible to audit bank accounts?  Is the ruling same for external and internal auditors?