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Damage To Lent Property
The lender is responsible for paying for any damages caused by normal wear sustained during the property's intended use. The borrower is...
 
Repaying Principal With Something Extra
It is permissible for the borrower to repay an amount greater than the size of the loan as a gesture of goodwill (without letting such a gesture...
 
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
 
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...
 
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.
 
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...
 
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...
 


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