Home Financing in Current Times
Is it permissible to invoke the principle of need to allow the use Ribā-bearing (interest-bearing) loans as financing?
Is it permissible to invoke the principle of need to allow the use Ribā-bearing (interest-bearing) loans as financing?
We are an Islamic School and wish to raise funds to construct a toilet block. We have been advised to hold a musical show. We are told that Mufti Kifayatullah has given a legal edict that permits the usage of riba [usury] for the construction of toilets. Would the same reasoning apply here as well? Also, should we be incorrect in our initial assumption, what if there were no other means to raise funds? Will this be deemed a case of darurah [necessity] and thereby render it permissible?
What is the Islamic ruling on copyright? Some authors and publishers spend a great deal of time painstakingly writing books on Islam, and this for them is obviously a means of rizq. Without their permission low quality versions of the same books are published and mass distributed around the world. Shop keepers sell these books at huge profits, justifying this by saying that it’s cheaper than buying the original versions. Some ‘ulama say all of this is okay because there is “no copyright” in Islam. Please clarify.