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Fatawa
The nature of Riba and rationale of prohibition : Riba, views of Shaikh Muhammad Abduh and Shaikh M. Rashid Rida
Question: Assalamu Alaikum.Almost twenty-five years ago, I met you the first time at ISNA annual convention, where Dr. Abdullah Ahsan, at that time a doctoral student at U-Michigan (currently at IIU, Malaysia), introduced me to you. At that time, I just ....
Fatawa
Transactions of Islamic banks : financing house purchase from Islamic banks
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,I and my husband are Muslims. We have a home which is half finished. That means all the 4 floors have been founded, however still the walls and the rest are not finished. Therefore, except ....
Fatawa
Trading shares and stocks : buying stocks in companies dealing with conventional banks
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,Is it permissible to buy stocks in the US stock market nowadays and we know that they are managing war against US. And is it permissible to buy stocks in companies deals with conventional banks ....
Fatawa
Distribution of Zakah-general : distribution to political parties and organization of Zakah fund
Question: Asalam Alikom Wa Rahmatoo Allah Wa Barakatooh,For Muslims God reward is an important feeling for us. Rather when you talk about this issue in front of Non-Muslims, it may be difficult to imagine this idea (I guess).One more idea crosses ....
Fatawa
Giving help to Riba-based mortgage transactions : facilitating closing attorney in the mortgage lending process
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,As a practicing real estate attorney, one major aspect of my practice is to close real estate transactions. A typical situation arises (whether it be commercial or residential) when a buyer and / or seller ....
Fatawa
General questions on Zakah : Zakah and fiscal policy
Question: Asalam Alikom Wa Rahmatoo Allah Wa Barakatooh,Thanks for your extended email. I can feel what you wanted to express. Allah Help us. Back again to Zakah: If Zakah was the only fiscal policy in a country or tax policy was ....
Fatawa
Distribution of Zakah-general : giving Sadaqah at places that collect Zakah
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,I would like to know if it is permissible to pay money with the intention of ""Sadaqa"" at places that collect Zakah money. Jazakum Allahu Khairan for your constant help.
Fatawa
Rikaz, minerals and extracts from land and sea : Rikaz and minerals
Question: Asalam Alikom Wa Rahmatoo Allah Wa Barakatooh,How are you these days, I guess you are following the bad circumstances in our region, the same as here.Is the following info correct ?Minerals : rate of Zakah is fifth =20 % or ....
Fatawa
Payment of debts on the deceased : debts on the deceased and inheritance
Question: Assalaam Mualaykum.According to South African law, the children of the deceased do not inherit the debts. How does this apply to Muslims, especially in the case where business is done with non-Muslims..
Fatawa
The nature of Riba and rationale of prohibition : interest free commercial banking
Question: As Salaamu 'Alaikum Wa Rahmatullah, I have been reading the book Interest free commercial banking by A.L.M. Abdul Gafoor. and in it he separated the cost of borrowing (CoB) into a few parts i.e.1. Interest2. Service Cost3. Overheads Cost4. Risk ....
Fatawa
Taking mortgages to buy a residence in western countries : buying a house in the Netherlands
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,I have a question about buying a house. In the moment we are a family of 6 persons (my parents, two sisters and my wife) living in The Netherlands in Europe. Next year we will ....
Fatawa
Trading shares and stocks : investment in Sukuk
Question: بسم الله الرحمن الرحيمالسلام عليكم و رحمة الله بركاتهتحياتي الحارة لكتعجبني كتاباتك جدا فانت متمكن بالاقتصاد الإسلامي جزاك الله عنا خيرا، اقرأ لك عن صكوك الإجارة و الأعيان المؤجرة، و أنني أرجو منك يا دكتور أن أمكن أن تبين لي ....
Fatawa
Indexation of Nisab of Zakah : indexation for inflation
Question: [Question One] :Asalam Alikom Wa Rahmatoo Allah Wa Barakatooh,Regardying the book edited by you and entitled : Mawared al Dawlah al Maleiah fe al Mojtam’a alHadeth Mn Wejhata al Nathar al Islameiah.( “state financial resources in the modern society from ....
Fatawa
Trading shares and stocks : Halal investment questons !
Question: Assalam-O-Alykum I'd really appreciate if you can guide me in my investment according to Shari’ah / Islamic laws.. I'm planning to invest my money in money market with a brokerage firm, but I don't whether this investment considered Halal (means ....
Fatawa
Disposing of interest money : using bank interest money for buying resources for public schools
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,Could you please answer the following question to the best of your knowledge and email me the answer. can bank interest money be spent on buying resources for public schools in UK or other countries ....
Fatawa
Internet currency trading : forex trading with leverage
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,I would like to find out if forex trading with leverage with companies like www.gftforex.com is Halal. please check gftforex.com for details on how they run their forex trading online etc. Jazaak Allahu Khayr.
Fatawa
Calculation of Zakah : how to calculate Zakah on pension
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,I am enrolled in a pension plan where my company matches my dollar contribution every paycheck. The money is then channeled in an investment fund. I want to pay the Zakah due on the money ....
Fatawa
Calculation of Zakah : how to calculate Zakah on pension
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,I am enrolled in a pension plan where my company matches my dollar contribution every paycheck. The money is then channeled in an investment fund. I want to pay the Zakah due on the money ....
Fatawa
Nature of Islamic inheritance and its rationale : earning through lottery and earning through inheritance
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,As lottery is Haram for one of the reason that people are required to work hard and employ their thoughts for something good to earn, than how good is it if someone is not making ....
Fatawa
Trading shares and stocks : rules of investment in stock markets and their applications
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,I have some questions about the fatwa mentioned by respected Dr. Monzer Kahf concerning stock markets and their applications In one of his answers he mentions a fatwa, and a decision added by the ECFR ....
Fatawa
Taking mortgages to buy a residence in western countries : no interest for a year and home mortgage
Question: Salam Alaykum My Name is Mohamed, and I live in Sydney Australia, brother I have a few questions that I really hope you can answer forme Inshallah. I'm always on the Islam online website and alhamdulillah it has helped me ....
Fatawa
Working in a gambling company working as a security officer in a company running gambling
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,I currently work as a security officer as a contractor with one of the biggest gaming and racing companies in the world, they run most of the betting and a few casinos, my question is, ....
Fatawa
Working in companies that may deal with some Haram : working as a security officer in a company running gambling
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,I currently work as a security officer as a contractor with one of the biggest gaming and racing companies in the world, they run most of the betting and a few casinos, my question is, ....
Fatawa
Is Zakah required every year ? : Zakah year and Zakah on jewelry
Question: Assalamu AlaikumCould I please obtain a copy of the Will word document ? does my wife need to fill oneout separately ? and is this binding by Canadian law ?As for Zakat calculation, what about the view that one can ....
Fatawa
Taking mortgages to buy a residence in western countries : taking a loan to buy a new house
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,We currently own our house but due to work we have to move to a city that is a lot more expensive. In order to live at the same level as we currently are (in ....
Fatawa
Zakah on gold and jewelry : will and Zakah on jewelry, changing Zakah due date
Question: Assalamu AlaikumCould I please obtain a copy of the Will as word document ? Does my wife need to fill one out separately ? And is this binding by Canadian law ?As for Zakah calculation, what about the view that ....
Fatawa
Due date of Zakah payment and annuality of Zakah : will and Zakah on jewelry, changing Zakah due date
Question: Assalamu AlaikumCould I please obtain a copy of the Will as word document ? Does my wife need to fill one out separately ? And is this binding by Canadian law ?As for Zakah calculation, what about the view that ....
Fatawa
Going for Hajj with doubtful or Haram income : using Haram income to go on Hajj and `Umrah
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,My father earns an entirely Haram income. I have no other means of financial support except through this income to pay for: university tuition fees (to keep fom taking a loan), Islamic courses, food, clothing, ....
Fatawa
Works and transactions in real estates : can Muslim’s become real estate agents ?
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,Can Muslims become real estate agents ?Jazakum Allahu Khairan for your constant help.
Fatawa
Loans for starting business and financing working capital : billing insurance companies and loan to start a business
Question: Asslamualaikum I am taking the liberty of writing you directly on a subject that I need some clarity on. I am an Indian Muslim and I run a offshore medical transcription company (offering a service to doctors in the US ....
Fatawa
Buying cars on interest : buying a car with usury loan
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,Dear Scholar. My quetion is buying a car with usury / loan. My Family become more (al hamdulilah), so we need a van / big car to our daily live. Those cars are very expensive. ....
Fatawa
The nature of Riba and rationale of prohibition : Riba, loans and returns
Question: Assalamu'Alaikum I'm trying to start up a business, and I'm trying to finance it in a Halal way. I couldn't find a bank that give me a loan without interest rate. So I decided to look for Muslim investors. My ....
Fatawa
Calculation of Zakah : calculation of Zakah on business
Question: Asalam Alaiikum Wa Rahmatullahi Wa Barakatu.InShaAllah this reaches you in the best of health and the highest state of Iman.I was actually referred to you by sheikh Shinqiti, because of the fact that there is a brother here that owns ....
Fatawa
Riba and inflation : question on Riba and inflation
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,I understand that Riba (appreciation or augmentation to the principle) is Haram in Islam. This means if we earn interest on the money in bank it is Haram. My question is : how do we ....
Fatawa
Working in conventional finance and banks : is my mother's salary Halal ? she is a bank lawyer
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,I have two questions. First is my parents both work in banks in one way or the other. My father retired several years back but he receives a certain amount of pension but my mom ....
Fatawa
Is Riba a compensation for inflation ? : question on Riba and inflation
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,I understand that Riba (appreciation or augmentation to the principle) is Haram in Islam. This means if we earn interest on the money in bank it is Haram. My question is: How do we explain ....
Fatawa
Transactions of Islamic banks : HSBC Amanah personal loan
Question: Asslamu AlikumI want to take loan from HSBC but through Amanah Personal Loan Method which the bank offers.the bank says it's Shari’ah compliant and approved by their Shari’ah committee. Is Amanh banking in UAE is Shari’ah compliant ?They say they ....
Fatawa
Zakah on gold and jewelry : Zakah on gold
Question: Assalamu Alaikum !May the Almighty shower his blessings upon you.I have some questions regarding Zakah on gold ornaments:1. Some scholars are saying that Zakah on gold ornaments are due only once in a life time ! How far is this ....
Fatawa
Zakah on gold and jewelry : Zakah on jewelry and business
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,I had a business in India actually it was my father`s business, now I have come to Pakistan and started fresh since last may I want to know the system of Zakah applicable on me, ....
Fatawa
Trading shares and stocks : share market and Shari`ah
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,Is it permissible in trading share market according to Shariah ?Jazakum Allahu Khairan for your constant help.
Fatawa
Student loans with grace period : Riba on student loan, work and Niqab
Question: [Question One] :Aslam O Laiakum Wr Wb,I am sorry I’m disturbing u brother but plz I need advise here..I need help from a reliableknowledgeable person Insha’Allah.The thing is I read even at ur website interest is prohibited. Now, I m ....
Fatawa
Loans for starting business and financing working capital : loan to start a business
Question: I hope you are doing great and in the best state of health and Iman. I am writing this email to inquire about financing and business loans. You were highly recommended for your opinion based on your profound knowledge in ....
Fatawa
Issuance and use of credit cards : credit card : allowed in Islam ?
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,I have two questions to ask. Q 1). Is the usage of credit card is allowed in Islam ? Even if we pay our bill on time, some merchant charge 1-2 % extra on our ....
Fatawa
Working in companies that may deal with some Haram : earnings from businesses selling non-halal products and starting a business
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,I would like to ask you 2 questions. 1) Is franchise Halal or not? Knowing that around 70 % of the money needed to open the frenchise will be borrowed from a bank. 2) If ....
Fatawa
Loans for starting business and financing working capital : earnings from businesses selling non-halal products and starting a business
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,I would like to ask you 2 questions. 1) Is franchise Halal or not ? Knowing that around 70 % of the money needed to open the Frenchise will be borrowed from a bank. 2) ....
Fatawa
Taking mortgages to buy a residence in western countries : shall we go for mortgage ?
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,Me and my husband currently live with my parents we also have a child, but we need to buy a home of our own now. I do not want to take a mortgage out my ....
Fatawa
Works and transactions in real estates : working in real estate, referral commissions
Question: Assalamu AlaikumI hope all is well with you and your family. I hope you have a few minute to answer three questions that are very important to me.I work part-time as a software-engineer. Over the past two years, I have ....
Fatawa
Children games in restaurants : is this a form of gambling ?
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,There is a popular pizza chain restaurant here in the United States that is geared toward kids. The restaurant has games which are played using purchased tokens. The games give tickets--the higher the score, the ....
Fatawa
Working in companies that may deal with some Haram : military jobs
Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,My name is Tarek. I live in the USA. Recently, I have been offered a job position in a well known company called Lockheed martin. This company produces military aircraft, missiles, spacecraft equipment, and information ....
Fatawa
Distribution of balances in retirement plans
Question: One thing you may want to ask the gentleman who is looking over your trusts is whether or not beneficiary designations on retirement plans, IRA’s, etc.… Need to be drafted in the same fashion as the disposition scheme within your ....
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