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Loan Transfers Are Absolute And Final
Transfers are complete and final (unless they are transferred back in a new agreement) and once the transfer is effected the lender cannot hold the...
Transfers are complete and final (unless they are transferred back in a new agreement) and once the transfer is effected the lender cannot hold the...
A borrower may not transfer borrowed item to another party unless he receives prior permission from the lender.
Lending: When One Suspects Unlawful Usage
It is impermissible to lend money or property when one is certain that it will not be used lawfully, and offensive when one doubts whether it will...
It is impermissible to lend money or property when one is certain that it will not be used lawfully, and offensive when one doubts whether it will...
Loan Bringing Benefit
It is not lawful for the bank to make a loan and attach any condition that provides the bank with direct or indirect benefit.
It is not lawful for the bank to make a loan and attach any condition that provides the bank with direct or indirect benefit.
No Binding Conditions In Loan Contract
The loan should be free of binding conditionality (not including the conditions of collateral or guarantor, which are permissible); forbidden are...
The loan should be free of binding conditionality (not including the conditions of collateral or guarantor, which are permissible); forbidden are...
Money Lending Should Be Unconditional
The lender is not permitted to specify how the money may be used or impose restrictions on how it may not be used.
The lender is not permitted to specify how the money may be used or impose restrictions on how it may not be used.
Respite For Loan Default
The lender is obligated to grant respite to the borrower if it is established that the borrower is unable to repay the loan on time due to a...
The lender is obligated to grant respite to the borrower if it is established that the borrower is unable to repay the loan on time due to a...
Government Loans
(i) Such a loan would be ribawi. Increasing a loan to reject inflation, movement on an index, a change in the cost of living, or the like, is not...
(i) Such a loan would be ribawi. Increasing a loan to reject inflation, movement on an index, a change in the cost of living, or the like, is not...
Mutual Loans
It is permissible to exchange these kinds of interest-free loans provided no fee, payment, or penalty is attached to them.
It is permissible to exchange these kinds of interest-free loans provided no fee, payment, or penalty is attached to them.
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