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Questions tagged [debt]

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Taking debt in childhood

Aslam-o-Alaikum, My question is that when i was a kid i used to buy things from a nearby general store and i remember one day that i wasn't carrying equal amount of money as compared to the bill, but ...
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1answer
93 views

Do i need to pay debt i loaned as a kid

When i was a kid, about 10 years and didn't know about islam and about debt I was buying something and I didn't have enough money, I needed about 0.50$ so I asked to buy a thing and then I will give ...
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1answer
118 views

What is debt in islam?

Is debt just a money or it is any object we took from someone? For example when I was kid about 11 years old, sometimes I took from my friends games. Now I have some games which are not mine but I don'...
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Giving to zakat to family member who is in debt

One of my family member is earning and living well. However, he has his university debt that is still paying every month. Please note that this debt does not prevent him from living well Alhamdulillah....
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Received my lent money which the debtor acquired from haram source. Is it halal for me?

Some years ago, I've lent some money to my cousin who was in need. He had trouble paying me back for a long time until last week after I knew he got a lot of money enough to pay me back in full. But ...
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1answer
2k views

What if person dies in debt?

What if person dies in debt. His intention is to pay off all debts and he did not tell anyone about this and dies.What is ruling for this.
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1answer
40 views

Is there any ruling about not paying off your debt and spending on yourself?

I leant my friend £400 no questions asked as he was my best friend. He had previosly paid me back straightaway when he borrowed money so I didn't doubt him. We have known each other for over 20 years. ...
2
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1answer
157 views

Is it compulsory to settle all debts prior to performing Hajj (pilgrimage)?

Assalaamu alaikum. Before going to Hajj pilgrimage, is it compulsory for an individual to settle all sorts of debts? If he or she has left any debt uncleared, will the Hajj performed be accepted by ...
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4answers
990 views

Should I take loan from the bank at 1% interest or be forced to pay 9% interest by failing to pay rent?

Something happened and I lost my job, and I didn't have enough money to pay the flat rent. Here in Sweden if your late in paying rent, what they do is they start to take interest on the rent until ...
2
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0answers
101 views

Can the sum of already-contracted future debt be deducted from zakat due now?

I have paid a deposit to buy a home and an agreement of sales and purchase has been signed. But the full amount is to be paid next month and I'm calculating my zakat this month. Question: Can a ...
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2answers
2k views

How do I pay back the debt I owed to my deceased mother?

I am a Muslim living in the UK. My mother lent me £25,000 so I could pay off my remaining mortgage in full. It was agreed that I would pay it back in instalments. Nothing was written down in the form ...
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2answers
1k views

I am a Strong Believer of Allah SWT. But Why a Non-Believer of Allah SWT gets his things

This question still breaking my head. I am suffering from financial issues. I am seeking help from Allah SWT past 3 years through Salah, Dua and Dikhr. I had asked few friends, but still my debts are ...
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3answers
6k views

If interest is haram, how can a Muslim get a house or a car in modern times?

If interest is haram, how can a Muslim get a house or a car in modern times? The prices these days are so inflated it is impossible for regular people like myself to afford the so-called basic ...
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2answers
710 views

Is the debt forgiven if the lender forgot?

I recently came to know the seriousness of having debts before dying. What if the situation arises where I borrow a very small amount of money, say the amount equal to the cost of a candy and after ...
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2answers
2k views

Can I give a part or full of my zakat to my father who has debt [duplicate]

Can I give a part or full of my zakat to my father who has debt and its increasing day by day for high interest rates.
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2answers
61 views

Borrowed a small amount

When I was 11 or 12, I borrowed a small amount from a teacher at my school during a trip and I cannot remember whether I repaid him back or not. I am too embarrassed to approach and ask him about this ...