Commercial tenants want insurance; Offsetting bank charges with interest

Question ID: 34729

Question 1:

A 10million rand commercial property was bought , replacement value around 15million. Current tenants will not sign new lease if building and third party liability insurance for workers are not covered. No tenant will sign a lease if they are not insured. What’s the way forward for commercial tenants and buildings?

Question 2:

A business bank account was opened with Nedbank.
Upon opening the bank account an investment(call) account had to be opened in parallel( for international money transfer ).
The investment accounts generates interest.
Can the interest be used to offset bank charges?

Marked as spam
Asked on December 14, 2017 10:47 pm
Private answer

1) Take out temporary insurance and constantly make Istikhfaar.
2) Yes, but why was one forced to open the call account.

Marked as spam
Answered on January 14, 2018 10:17 pm