Answered by Shaykh Irshaad Sedick Question I am currently paying for my car on an interest-based loan (PCP). I wish to exit from this riba-based transaction, but my only options are: To pay the total remaining amount and conclude the transaction; Return the car to the manufacturer without paying the final lump sum. However, they will […]

Answered by Shaykh Irshaad Sedick Question We are trying to buy a building for our community. We must pay a deposit and show £2m in the bank. We have raised £500000. We are struggling to raise the funds. We have been praying in a church hall for over 20 years. We need a sponsor or to […]

Answered by Shaykh Irshaad Sedick Question  Is it permissible to use the interest money accrued in my bank account (however minor) as compensation for the unfair taxation by the Country Revenue Authority? Where I live, the tax rates are incredibly high, and we do not get any benefits from the same. Please advise. Answer In […]

Answered by Shaykh Irshaad Sedick Question I would like to understand if financing from ‘Amana is lawful and if I can proceed. Here is the website Amana Islamic Finance Answer In the Name of Allah, the Most Merciful and Compassionate. May Allah alleviate our difficulties and guide us to what pleases Him. Amin. A qualified […]