SlideShare a Scribd company logo
1 of 1
Financing a Client who’s Source of Income is the Management of Hotels that Deal in Prohibitions 1 
Question: 
The bank plans to finance a client with a substantial amount, except that it has become apparent that his source of income is from managing four hotels that deal in some prohibitions, is it permissible to grant this client financing from the bank? 
Answer: 
When the client approaches the bank for a transaction, the bank should not look into his income sources, whether they are permissible or not, because his earning is on him either a sin or a reward. It is therefore, permissible for the bank to enter into such transaction with him, as long as the sources of his incomes are a mixture or are diverse and are not been predominated by the impermissible income. 
Allah knows better. 
1 972 4 9 9007 and was adopted on 04/11/2007

More Related Content

Viewers also liked

The Sale Of Goods Act
The Sale Of Goods ActThe Sale Of Goods Act
The Sale Of Goods Act
varun23oct
 
Strategic analysis of indian ceramic tiles indusry
Strategic analysis of indian ceramic tiles indusryStrategic analysis of indian ceramic tiles indusry
Strategic analysis of indian ceramic tiles indusry
Shakti Dodiya
 

Viewers also liked (7)

Zanders seminar pensioenfondsen - Oscar van Angeren
Zanders seminar pensioenfondsen - Oscar van AngerenZanders seminar pensioenfondsen - Oscar van Angeren
Zanders seminar pensioenfondsen - Oscar van Angeren
 
Appeal to All People: Help Stop Climate Change
Appeal to All People: Help Stop Climate ChangeAppeal to All People: Help Stop Climate Change
Appeal to All People: Help Stop Climate Change
 
The Sale Of Goods Act
The Sale Of Goods ActThe Sale Of Goods Act
The Sale Of Goods Act
 
Zakah on Money and Gold
Zakah on Money and Gold Zakah on Money and Gold
Zakah on Money and Gold
 
An overview of Global Halal Market
An overview of Global Halal MarketAn overview of Global Halal Market
An overview of Global Halal Market
 
Dubai Financial Services Authority (DFSA) - Markets Rules (MKT)
Dubai Financial Services Authority (DFSA) - Markets Rules (MKT)Dubai Financial Services Authority (DFSA) - Markets Rules (MKT)
Dubai Financial Services Authority (DFSA) - Markets Rules (MKT)
 
Strategic analysis of indian ceramic tiles indusry
Strategic analysis of indian ceramic tiles indusryStrategic analysis of indian ceramic tiles indusry
Strategic analysis of indian ceramic tiles indusry
 

Recently uploaded

State Space Tutorial.pptxjjjjjjjjjjjjjjj
State Space Tutorial.pptxjjjjjjjjjjjjjjjState Space Tutorial.pptxjjjjjjjjjjjjjjj
State Space Tutorial.pptxjjjjjjjjjjjjjjj
joshuaclack73
 
First Order System Time Resphhhonse.pptx
First Order System Time Resphhhonse.pptxFirst Order System Time Resphhhonse.pptx
First Order System Time Resphhhonse.pptx
joshuaclack73
 
Introduction to Economics II Chapter 28 Unemployment (1).pdf
Introduction to Economics II Chapter 28 Unemployment (1).pdfIntroduction to Economics II Chapter 28 Unemployment (1).pdf
Introduction to Economics II Chapter 28 Unemployment (1).pdf
Safa444074
 
一比一原版Adelaide毕业证阿德莱德大学毕业证成绩单如何办理
一比一原版Adelaide毕业证阿德莱德大学毕业证成绩单如何办理一比一原版Adelaide毕业证阿德莱德大学毕业证成绩单如何办理
一比一原版Adelaide毕业证阿德莱德大学毕业证成绩单如何办理
zsewypy
 

Recently uploaded (20)

State Space Tutorial.pptxjjjjjjjjjjjjjjj
State Space Tutorial.pptxjjjjjjjjjjjjjjjState Space Tutorial.pptxjjjjjjjjjjjjjjj
State Space Tutorial.pptxjjjjjjjjjjjjjjj
 
How to exchange my pi coins on HTX in 2024
How to exchange my pi coins on HTX in 2024How to exchange my pi coins on HTX in 2024
How to exchange my pi coins on HTX in 2024
 
how can I sell my pi coins in China 2024.
how can I sell my pi coins in China 2024.how can I sell my pi coins in China 2024.
how can I sell my pi coins in China 2024.
 
NO1 Popular Black magic specialist,Expert in Pakistan Amil Baba kala ilam Exp...
NO1 Popular Black magic specialist,Expert in Pakistan Amil Baba kala ilam Exp...NO1 Popular Black magic specialist,Expert in Pakistan Amil Baba kala ilam Exp...
NO1 Popular Black magic specialist,Expert in Pakistan Amil Baba kala ilam Exp...
 
where can I sell pi coins at the best rate (Market Price)
where can I sell pi coins at the best rate (Market Price)where can I sell pi coins at the best rate (Market Price)
where can I sell pi coins at the best rate (Market Price)
 
Maximize Your Business Potential with Falcon Invoice Discounting
Maximize Your Business Potential with Falcon Invoice DiscountingMaximize Your Business Potential with Falcon Invoice Discounting
Maximize Your Business Potential with Falcon Invoice Discounting
 
Canvas Business Model Infographics by Slidesgo.pptx
Canvas Business Model Infographics by Slidesgo.pptxCanvas Business Model Infographics by Slidesgo.pptx
Canvas Business Model Infographics by Slidesgo.pptx
 
Economics - Development 01 _ Handwritten Notes.pdf
Economics - Development 01 _ Handwritten Notes.pdfEconomics - Development 01 _ Handwritten Notes.pdf
Economics - Development 01 _ Handwritten Notes.pdf
 
How can I withdraw my pi coins to real money in India.
How can I withdraw my pi coins to real money in India.How can I withdraw my pi coins to real money in India.
How can I withdraw my pi coins to real money in India.
 
New Stratus Corporate Presentation May 2024
New Stratus Corporate Presentation May 2024New Stratus Corporate Presentation May 2024
New Stratus Corporate Presentation May 2024
 
Will pi network launch in 2024: what's the update.
Will pi network launch in 2024: what's the update.Will pi network launch in 2024: what's the update.
Will pi network launch in 2024: what's the update.
 
First Order System Time Resphhhonse.pptx
First Order System Time Resphhhonse.pptxFirst Order System Time Resphhhonse.pptx
First Order System Time Resphhhonse.pptx
 
Digital Finance Summit 2024 Partners Brochure
Digital Finance Summit 2024 Partners BrochureDigital Finance Summit 2024 Partners Brochure
Digital Finance Summit 2024 Partners Brochure
 
Monthly Market Risk Update: May 2024 [SlideShare]
Monthly Market Risk Update: May 2024 [SlideShare]Monthly Market Risk Update: May 2024 [SlideShare]
Monthly Market Risk Update: May 2024 [SlideShare]
 
Introduction to Economics II Chapter 28 Unemployment (1).pdf
Introduction to Economics II Chapter 28 Unemployment (1).pdfIntroduction to Economics II Chapter 28 Unemployment (1).pdf
Introduction to Economics II Chapter 28 Unemployment (1).pdf
 
Human Capital: Education and Health in Economic Development
Human Capital:  Education and Health      in Economic DevelopmentHuman Capital:  Education and Health      in Economic Development
Human Capital: Education and Health in Economic Development
 
Jio Financial service Multibagger 2024 from India stock Market
Jio Financial service  Multibagger 2024 from India stock MarketJio Financial service  Multibagger 2024 from India stock Market
Jio Financial service Multibagger 2024 from India stock Market
 
Abhay Bhutada: A Journey of Transformation and Leadership
Abhay Bhutada: A Journey of Transformation and LeadershipAbhay Bhutada: A Journey of Transformation and Leadership
Abhay Bhutada: A Journey of Transformation and Leadership
 
is pi Network coin available for sale in 2024
is pi Network coin available for sale in 2024is pi Network coin available for sale in 2024
is pi Network coin available for sale in 2024
 
一比一原版Adelaide毕业证阿德莱德大学毕业证成绩单如何办理
一比一原版Adelaide毕业证阿德莱德大学毕业证成绩单如何办理一比一原版Adelaide毕业证阿德莱德大学毕业证成绩单如何办理
一比一原版Adelaide毕业证阿德莱德大学毕业证成绩单如何办理
 

Financing a Client who’s Source of Income is the Management of Hotels that Deal in Prohibitions

  • 1. Financing a Client who’s Source of Income is the Management of Hotels that Deal in Prohibitions 1 Question: The bank plans to finance a client with a substantial amount, except that it has become apparent that his source of income is from managing four hotels that deal in some prohibitions, is it permissible to grant this client financing from the bank? Answer: When the client approaches the bank for a transaction, the bank should not look into his income sources, whether they are permissible or not, because his earning is on him either a sin or a reward. It is therefore, permissible for the bank to enter into such transaction with him, as long as the sources of his incomes are a mixture or are diverse and are not been predominated by the impermissible income. Allah knows better. 1 972 4 9 9007 and was adopted on 04/11/2007