Fatwa #257531 March 2001United Kingdom

If in the past I stole a book which at the time cost £10, do I need to pay back £10 or the equivalent price of the book now (eg £25)

Answer

In principle, the book should be returned.

If you do not have the book or wish to keep it, you should pay the present value £25 for it.

and Allah Ta'ala Knows Best

Mufti Ebrahim Desai
FATWA DEPT.

#14631I go by the mid of Ramadhan as my year end for Zakat purposes. I bought a house on Islamic Finance. I have already paid 10% of the price as a booking deposit. I am expected to pay another 12% by end of December 2006.
#17062I have booked an apartment for 10% down payment, it will be constructed in 5 years approx and I will pay the remaining amount in installments till 5 years...
#21953I'm running business from home. Do I pay my Zakaat on cost price or selling price?
#14091Is it permissible to enter into a contract to purchase a new house or flat before it is built/completed? Usually, only 10% of the purchase price is paid
#7935Is the setting of prices different to the market price (incl. murabahah) halaal? The ‘murabahah’ method of financing done by modern ‘Islamic’ banks is a branch of riba
#31220Investor demands 5% as interest but we would like to pay back 25% profits instead?
#26477Is Zakat paid at cost price of the stock or at selling price?
#19458Is Zakat paid at cost price of the stock or at selling price?

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