Interest-based loans to run or save business : interest in business

Fatawa Question

could you please let me know the calculation of Zakah in the modern context to include properties on rentals / leases, stocks and shares, business incomes, mutual funds, etc-in short an ideal Zakah calculator 2) Please clarify the situation with regard to bank interest in the normal course of the business-whether it is allowed in the context of payment to bank / individuals. 3) Whether life insurance is allowed in Islam ? 4) Insurance in the context of business-retail outlets in stocks / cash / vehicles / buildings, etc

Fatwa

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Publication Date

2002-04-16

Main Subjects

Economics & Business Administration
Financial and Accounting Sciences
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-726564

American Psychological Association (APA)

Qahf, Mundhir. 2002-04-16. Interest-based loans to run or save business : interest in business. .
https://search.emarefa.net/detail/BIM-726564

Modern Language Association (MLA)

Qahf, Mundhir. Interest-based loans to run or save business : interest in business. 2002-04-16.
https://search.emarefa.net/detail/BIM-726564

American Medical Association (AMA)

Qahf, Mundhir. 2002-04-16. Interest-based loans to run or save business : interest in business.
https://search.emarefa.net/detail/BIM-726564