e-Marefa DataBank for Islamic Economics and Finance

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e-Marefa DataBank for Islamic Economics and Finance

   (5651 - 5700 of 20733)
Journal Articles

Est-il necessaire d'avoir une economie islamique?

By: Chapra, Umar. Etudes en Economie Islamique. Vol. 2, no. 1 (Apr. 2001), pp.73-92, 20 p.

Subjects: Islamic economics; Economic aspects; Economics; Islam; Religious aspects

Journal Articles

Le marche et la formation des prix en economie islamique

By: Youala, Ali. Etudes en Economie Islamique. Vol. 2, no. 1 (Apr. 2001), pp.51-70, 20 p.

Subjects: Economic systems; Islamic economics; Islamic jurisprudence; Economics; Islam

Journal Articles

Economie politique de la zakat : dimension fiscale et economique

By: Diouf, Mukhtar. Etudes en Economie Islamique. Vol. 2, no. 1 (Apr. 2001), pp.23-48, 26 p.

Subjects: Debts; Economics; Islamic jurisprudence; Money; Political aspects

Journal Articles

Les fondements legaux du systeme economique islamique

By: Lahlou, Abd al-Rahman. Etudes en Economie Islamique. Vol. 2, no. 1 (Apr. 2001), pp.1-21, 21 p.

Subjects: Consumption; Economics; Islam; Islamic economics; Islamic jurisprudence

Fatawa

What to do with earned interest ? : use of earned interest : [2]

Question: al Salam Alaikum Wa Rahmah Allah. I live in United State of America I want to buy a house because renting is very hard but I will have to pay interest on the house. I cannot pay it cash I ....

Subjects: Banks; Dwellings; Financing; Islamic jurisprudence; Purchasing

Fatawa

Elimination of interest from personal transactions : gradual elimination of interest-based borrowing in Muslim countries

Question: We have a textile processing unit in -----------, Pakistan. We are under big debt of banks interest related. We want to get rid of it now, but the nature of business is such we cannot get rid at once. What ....

Subjects: Islamic jurisprudence; Loans; Usury

Fatawa

Student loans : [3]

Question: Can I take a student loan to study ? I have university degree in accounting and I'm thinking to study information technology as it will be helpful for me to find a better job...I can't study on my own account ....

Subjects: Education; Loans; Students

Fatawa

Borrowing on interest from own 401 k account

Question: Salam I work for a company in the United States that offer a retirement plan known as 401 k plan investing in stocks. As an employee I am eligible to borrow half of my amount invested. However, part of the ....

Subjects: Islamic jurisprudence; Loans; Usury

Fatawa

Participation in funds that include interest : a compulsory provident fund that operates on interest

Question: Assalamu Alaikum. In my country a compulsory provident scheme operates where the contribution is credited to your account with the central bank and interest is also automatically credited. This could only be withdrawn after you attain 55 years of age. ....

Subjects: Islamic jurisprudence; Savings; Usury

Journal Articles

Islamic and conventional banking in the nineties : a comparative study

By: Iqbal, Munawwir. Islamic Economic Studies. Vol. 8, no. 2 (Apr. 2001), pp.1-28, 28 p.

Subjects: Banks; Evaluation; Financing; Islam; Islamic economics

Journal Articles

Interest and the modern economy

By: Zaman, Arshad; Zaman, Asad. Islamic Economic Studies. Vol. 8, no. 2 (Apr. 2001), pp.61-74, 14 p.

Subjects: Islamic jurisprudence; Banks; Economics; Islam; Justice

Fatawa

Interest-based loans to establish business : interest-based loan to start a business

Question: Assalamu Alaikum. Could the Muslim take the loan from Haram Riba bank if there are not any Islamic bank in his country and this is the only way to start own business ?.

Subjects: Loans; Usury

Fatawa

Buying houses in non-Muslim countries : buying a house in Sri Lanka while living in UAE

Question: I am referring to the question ref. WDACB 5. I am staying in UAE last three and half years with my wife and my son (five years old). We are expecting second baby in October 1. I am a quantity ....

Subjects: Housing; Islamic jurisprudence; Purchasing; Sri lanka; United Arab Emirates

Fatawa

Sale with conditions in the contract : interest clause in a sale contract

Question: Assalamu Alaikum : Jazaka Allah Khairan for this svc. I am selling a property (in UK) and due to incentive problem my solicitor has put interest clauses in lease and contract. I'm afraid to sign documents coz those who do ....

Subjects: Contracts; Islamic jurisprudence; Sales; Usury; Witnesses

Fatawa

Copy rights : Putting copy-righted music for free on the web

Question: Hi, a Muslim friend of mine (sorry, I'm atheist) from Qatar has been making copyrighted music available on his website. What is Islam's stance on violation of intellectual property ? Also, he is having problems reconciling his believes with life ....

Subjects: Copyright; Islamic jurisprudence; Music; Right to property

Fatawa

Issuance of paper money and rates of exchange : issuance of paper currency

Question: What is Islamic view of paper-money and fluctuation in the currency exchange rates ?.

Subjects: Exchange rates; Paper money

Fatawa

Inheritance from non-Muslims

Question: Assalamu Alaikum. Insha Allah you are in good health. I am an English Muslim married to an Arab Muslim for some 20 years now. My parents are not Muslim. They are very good people and have worked very hard all ....

Subjects: Islamic jurisprudence; Real property

Fatawa

Working in firms that produces sells prohibited items as main line of business : producing and selling alcohol and juices

Question: Assalamu Alaikum ! Muslim is going to set his own business in production of juice and water. But the needed producing equipment for output is only at the alcohol factory. The Muslim has the opportunity to manage (head) this manufactory. ....

Subjects: Alcoholic beverages; Islamic jurisprudence; Production; Specialty stores

Fatawa

Working in insurance companies and as actuary : working as an actuary

Question: Assalamu Alaikum Wa Rahmatullahi Wa Barakatuh. Dear brethren in Islam I have recently graduated and am currently seeking employment. One of the fields in which I hope to go into is actuarial consultancy either for a consultancy company or with ....

Subjects: Insurance companies; Labour

Fatawa

Promotional prizes with or without purchased tickets : draw-based prizes of conventional banks

Question: Assalamu Alaikum I have three questions. 1. Conventional banks are offering prizes ranging from Cars and Houses to cash on a "Draw" to account Holders. Is it permitted to accept the prize if one is a recipient ? The Account ....

Subjects: Awards; Banks; Islamic jurisprudence

Fatawa

Working in insurance companies and as actuary : advertising interest based institutions and working in insurance

Question: Assalamu Alaikum I have three questions. 1. Conventional Banks are offering prizes ranging from Cars and Houses to cash on a "Draw" to account Holders. Is it permitted to accept the prize if one is a recipient ? The Account ....

Subjects: Insurance companies; Labour

Fatawa

Interest-based loans to establish business : interest-based loan to open a business

Question: I live in America and I would like to open a business but I don't have enough money to open it on my own or with a partner and on the rat that I am going it would be a ....

Subjects: Loans; Usury

Fatawa

ACcepting credit cards payments by Muslim mechants : accepting credit cards payments

Question: Assalamu Alaikum, I am starting my own Internet business. There are several questionsthat I need to be answered in order to help me keep it Halal In Sha Allah 1-I setup an Internet site that sells products. Can I accept ....

Subjects: Credit cards; Islamic jurisprudence; Payments

Fatawa

Studying and working in the other financial firms and the financial sector : seeking knowledge in finance, is it permissible?

Question: Assalam Alaykum, My question is in two parts : first it is well known that any dealing with interests as in banks is considered "Riba" hence Haram, however much confusion arises when we speak about shares (stocks). What does Shari'ah ....

Subjects: Financial institutions; Financing; Labour

Fatawa

Sale of Awqaf properies : selling a mosque

Question: Can we sell a mosque in the United Kingdom to any person to be converted into flats or anything else ? The reason being we have purchased a large building but we need funds to convert it. The current mosque ....

Subjects: Mosques

Fatawa

Sale of prohibited items : dealing with pirated software and using it

Question: In the name of Allah the most gracious the most merciful. What is the ruling regarding the use of pirated software ? Is it allowed in Shari’ah ? I belong to Kashmir where most of the software being used is ....

Subjects: Commodities; Computer software; Islamic jurisprudence; Sales; Software piracy

Fatawa

Prizes given to contestants and students : prizes of game shows

Question: Assalamu Alaikum.... I had asked this question earlier and in reply, you had asked me to shed more light into the matter. The question was about the money earned in game shows being Halal or not. The conditions here are ....

Subjects: Awards; Islamic jurisprudence; Money

Fatawa

Student loans : [2]

Question: What about a loan for study in U. S. A because I study there and it is very expensive.

Subjects: Education; Loans; Students

Fatawa

Bankruptcy

Question: Nine years ago I claimed bankruptcy through U. S. court which is allowed for their citizens under their constitution. My attention was to help my family member in Iraq with their situation. It was difficult to repay all the creditors ....

Subjects: Bankruptcy; Islamic jurisprudence

Fatawa

What to do with earned interest ? : use of earned interest [1]

Question: Is money acquired as interest from bank savings permissible for use to pay personal income tax ? as a Muslim living in a western environment banks are used as to facilitate money transactions primarily and to keep money safely. That it has attracted interest had been the intention. As Salaams..

Subjects: Banks; Interest; Islamic jurisprudence; Savings; Usury

Fatawa

Are pension plans permissible ? aren’t they a kind of insurance ?

Question: Assalamu Alaykum my question is concerning pension plans, I'm working with a multinational company and we have a subscription with a private insurance company in Morocco for an insurance plan and a pension plan. The pension plan is as follow ....

Subjects: Insurance; Pensions

Fatawa

Working in activities that may hurt the interests of the Ummah : going to occupied Palestine to work for the occupying government

Question: Assalamu Alaykum respected Ulama I am an IT contractor. I have been offered a 2 month contract in Israel which pays extremely well, £ 10000 ($ 14000) a month tax free with all expenses paid. I intend to use the ....

Subjects: Islamic jurisprudence; Technology

Fatawa

Working in insurance companies and as actuary : working as an IT in an insurance company

Question: Assalamu Alaykum is working in an Insurance company as an IT specialist allowed in Islam knowing that it is a big insurance company dealing with all kind of insurance (including life insurance) ? If there is an alternative to work ....

Subjects: Insurance companies; Labour

Fatawa

Trading currencies : trading currencies, futures and shares

Question: what is the opinion of Islam in trading in financial markets (currencies and futures and Shares) in order to make profits in small time (speculation Halal or Haram ?.

Subjects: Profits

Fatawa

Work related practices in gray area : receiving tips bribes

Question: My husband is on a very low wage and we receive working families tax credit to bring our earnings up to above the poverty line. At the moment we are not able to visit any of my husband's family [they ....

Subjects: Bribery; Islamic jurisprudence; Labour

Fatawa

Interest loans under hardship : getting an interest loan to pay a due loan

Question: I borrowed an amount of Dirham. 3, 000.00 six month ago for some urgent works. Now he needs the money. I am not in the position to give that money. Only way is to withdraw the money from credit card ....

Subjects: Credit cards; Islamic jurisprudence; Loans; Payments

Fatawa

Interest-based loans to run or save business : interest-based loan to protect ones business form bankruptcy

Question: Salamu Alaikum I have a terrible situation developed. I have a friend who is an excellent practicing Muslim. This friend had started a business that can be highly profitable and purely Halal. In order to get off the ground, though, ....

Subjects: Bankruptcy; Loans

Fatawa

A student loan from an Islamic bank

Question: I got an education finance loan from one of the Islamic bank. But for 15000 dhs. I have to pay 2000 extra if it is for one year and about 600 if paid within 6 months. Pls. Tell me is this halal (Murabaha) as they call it in the bank..

Subjects: Islamic Banks; Islamic jurisprudence; Loans

Fatawa

Dividends, bonuses, rewards and accidental insurance of credit cards : dividend and rewards of credit cards

Question: Assalamu Alaykum, I use a credit card to pay my bills and buy things. I use only for convenience and always pay the due amount on time (i.e. I do not pay interest). The type of the card I have ....

Subjects: Credit cards; Profits; Rewards

Fatawa

The difference between a Waqf and a trust

Question: What is the difference between a Waqf and a trust, is it Islamic for a Muslim to transfer his property to a trust for the benefit of his daughter but putting a condition that if she marries a non-Muslim, she ....

Subjects: Confidence; Property transfers; Waqf

Fatawa

Internet marketing and pyramid commission : net marketing of Sky Biz 2000 and its commission system

Question: Sub : net marketing and income referral. Previous question was without details. RCJQS 4 more details are given below. Please visit web Sky Biz 2000.com. Once you are an associate, whether or not you bought an e-commerce web package, to ....

Subjects: Administrative fees; Commissions; Income; Internet marketing; Islamic jurisprudence

Fatawa

Buying a bond or depositing a guarantee money

Question: I have a general contractor's license in the state of California. In order to renew my license I need to purchase a contractor's license bond or I have to make a cash deposit for the amount of $ 7500.0. From ....

Subjects: Bank deposits; Hedge (Finance); Islamic jurisprudence; Money; Purchasing

Fatawa

Working in real estates : real estates commissions

Question: Is earning a commission from the sale of land considered Halal when you suspect there is foul play in the deal ? (e.g. abuse of power but have no proof of this). If not (Halal), whom should the money rightfully ....

Subjects: Labour; Real property

Fatawa

Buying necessary property on interest : buying a Muslim youth center on interest

Question: We have bought a Muslim Youth Centre because our youth are getting involved in Gangs, alcohol, murder, selling drugs and many other major un-Islamic practices. Many of our Muslims who are in prison are there for murder, rape, theft etc. ....

Subjects: Financial institutions; Islamic jurisprudence; Money

Fatawa

Buying share, stocks and mutual funds : trading stocks without knowing the financial statements of their companies

Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh 1. I am an investor in the Egyptian stock market and I want to ask if it's permissible to invest in stocks where their financial results are unavailable also I do lack the technical ....

Subjects: Financial markets; Financial statements; Investments; Islamic jurisprudence

Fatawa

Sale of prohibited items : sale of tobbaco

Question: This question for (Sheikh alQaradawy) I have a business opportunity in gas station field and at this kind of business we have to sell cigarettes because it's 75 % of the sales + the gas and without it no one ....

Subjects: Commodities; Islamic jurisprudence; Sales; Taboos; Tobacco

Fatawa

Loan in the disguise of sale : getting a usufruct as a benefit from a loan

Question: Assalaamu Alaikum. Here is a common practice of giving one's house to the use of second party on lease for a specific period (say one or three years), by collecting a good sum of money from the second party. The ....

Subjects: Islamic jurisprudence; Loans; Usufruct

Fatawa

Distribution of estate : shares of siblings

Question: [What is Shari'ah rule on Shares siblings] ?.

Subjects: Distribution (Economic theory); Islamic jurisprudence; Real property; Siblings; Stocks

Fatawa

Signatory, trustees and procedural matters of last will : beneficiary in a special document and last will

Question: Wa Alekum Salaam Wa Rahmatullahi Wa BarakatuhJazaka'Allah Khairan for the quick reply. One quick question, generally the banks or other institutes ask you to write the name of the beneficiary on their application forms. I usually write my wife's name ....

Subjects: Authentication; Documents; Honesty; Islamic jurisprudence

Fatawa

Working innocent jobs in the proximity of doubtful jobs : reading emails and get paid for it

Question: Assalamu'alaikum, I have join a 'get-paid-to-read-e-mail' at zwallet.com by opening an e-mail account with them. Advertiser pays money to zwallet.com. And zwallet.com in turns pay the people who read e-mail with their e-mail service. Some of advertisers are companies which ....

Subjects: Electronic mail; Labour; Money

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