Asking for an increase in repayment of loan.

6 month ago in Finance
Question: Assalamu Alaykum, A few years ago I lent someone $200,000. The arrangement was that he would give me a parcel of land instead of repaying the loan. After two years he is saying he cannot ...

Can a child give charity from his wealth?

7 month ago in Zakat & Sadqah
Question: Is it permissible for a child who is not Baligh to contribute his money to Masjid-Building projects, Sadaqah or any other forms of voluntary contributions? Answer: بسم الرحمن الرحيم One of ...

Can I utilize the monies received from bonds?

8 month ago in Finance
Question: Assalaamu Alaikum wa Rahmatullahi wa Barakaatuh,  If one had a money bond and over the years it built up interest, when you went to cash it, is it permissible to use that money towards ...