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   (1551 - 1600 of 16494)
Fatawa

Using credit cards to buy gold, Silver and currencies : buying gold jewelry with credit card

Question: Dear Dr. Monzer ,I have an important question regarding credit cards. I did surf through the internet and read a few of your fatwas, but I need to ask further. I hope you can reply so that I can spread ....

Subjects: Credit cards

Fatawa

What elements of my pension do I need to pay Zakah on ?

Question: What elements of my pension do I need to pay Zakah on ?If my pensions is a “Zakatable” asset then what do I need to pay the Zakat on ? The entire holding (i.e. fund value) or pay Zakat on ....

Subjects: Alms tax; Islamic jurisprudence; Pensions

Fatawa

Are pensions considered to be a “Zakatable” asset ?

Question: -.

Subjects: Alms tax; Islamic jurisprudence; Pensions

Fatawa

What elements of my pension do I need to pay Zakah on ?

Question: What elements of my pension do I need to pay Zakah on ? If my pensions is a “Zakatable” asset then what do I need to pay the Zakat on ? The entire holding (i.e. fund value) or pay Zakat ....

Subjects: Alms tax; Islamic jurisprudence; Pensions

Fatawa

Prizes and competitions on chance : a card game without any money

Question: Salam Alaykum Professor,I understand if you're busy then you may not have time to answer, but if you do may Allah reward you for your efforts.The issue is whether the game called 'Yu-Gi-Oh ! ' that my friends play is ....

Subjects: Awards; Cards competitions; Contests; Money

Fatawa

Central bank in Islamic economics : Islamic central banking

Question: Dear Br. Monzer KahfAssalamu Alaykum Wa Rahmatullah E Wa BarakatuhHope you are fineI want to discuss an important issue regarding the conduct of central banking in an Islamic system of Economy. There is an important book “transition to a Riba ....

Subjects: Central banks; Management

Fatawa

Shouf’a and loan reduction : reduction of the amount of loan

Question: السلام عليكم و رحمة الله و بركاتهفضيلة الدكتور منذر، كل عام و أنتم بخير، و علكم في أحسن حال و قرب من الله تعالى، و رمضان كريم..دكتورنا الغالي نريد منكم المساعدة في الإجابة على السؤال التالي الذي يرتبط بأخوين كرميين ....

Subjects: Islamic jurisprudence; Loans; al-Qard al-Hasan

Fatawa

Use interest money to pay bribes, bank charges, taxes : interest money

Question: In the name of Allah, the most-merciful, the all-Compassionate"May the peace and blessings of Allah be upon you"Praise be to Allah, we seek his help and his forgiveness. We seek refuge with Allah from the evil of our own souls ....

Subjects: Money; Usury

Fatawa

Hajj, Umrah, Ibadah, fasting, kindness to parents : Fajr and Isha time

Question: [Question One] :Assalamu Alaykum Wa Rahmatu Allah Wa Barakatuh Beloved Shaikh Dr. KahfLet me start by wishing you, your family, your beloved ones and all or Ummah a Ramadan Mubarak.1. Your assistance in the following matter is highly appreciated. When ....

Subjects: Fasting; Islamic jurisprudence; North America; Prayers

Fatawa

Takaful : is insurance Haram ?

Question: Asslam Alaykum !Respected Sir !I got your e-contact from askthescholar.com I’m very thankful to them. Sir I am much confused about life insurance, is it legal in Islam or not ? According to one of a lecture of Dr. Zakir ....

Subjects: Insurance; Islamic jurisprudence

Fatawa

Use interest money to pay bribes, bank charges, taxes : cam interest money be given as Zakah ?

Question: Dear Prof Dr. Kahf,Assalamualaikum Warahmatullahi Wabarakatuh,Ramadan Kareem,I pray that you and the family are all well by the grace of Allah.I wish to inform you that the article was published in two local newspapers here.Some people responded and wanted more ....

Subjects: Alms tax; Money; Payments; Usury

Fatawa

Islamic finance contracts and instruments practiced in Islamic banks : Murabahah [2]

Question: Dear Mr. MonzerAssalam O Alykum Wa Rehmatullah Wa Barakatuh HuSir in quest of knowledge and research on Islamic Economic Order, at this stage (being of not reasonable financial profile to pursue out of Pakistan or to live in Islamabad) after ....

Subjects: Islamic jurisprudence; Resale on profit

Fatawa

Takaful : health insurance : [2]

Question: AsslamAlaikum,I live in India, can you tell me is health insurance valid.With regardsAdil.

Subjects: Health insurance; Islamic jurisprudence

Fatawa

Takaful : child insurance

Question: Assalamu Alaykum,Q1. I am looking for a child insurance plan for my daughter. The plan details are I have to pay certain amount every year for couple of years then after maturity they will provide me double or 6-10 % ....

Subjects: Interdependence; Islamic jurisprudence; Life insurance

Fatawa

Conventional and Islamic finance of home purchase : Islamic mortgage

Question: Assalamu Alaykum,I am looking to buy an apartment in Vancouver, Canada. I have enough cash to put a 50 % down payment from the asking price which is $ 260,000. For the rest of the 50 %, what type of ....

Subjects: Banks; Islamic Banks; Purchasing; Subprime mortgage

Fatawa

Copy rights, business promotion : [copyright policies of some companies]

Question: Dear Dr. Monzer,Assalamu o Alaykum Wa Rahmatullah,I hope you are doing well by the grace of Almighty. I have a question concerning copyright policies of some companies and what should be our approach as a Muslim and as general consumers. ....

Subjects: Copyright; Corporations

Fatawa

Loans, Tawarruq, discounting, financing of business : discounting bills of export

Question: As Salam-O-AlaykumDear Dr. Monzer KahfHere, I am Aquib Khan of Shahid Group of Industries, New Delhi, India, as executive accountant and finance officer. I have joined this firm a week earlier after completing my post graduate diploma in Islamic banking ....

Subjects: Bills of exchange; Discount; Exports

Fatawa

Loans, Tawarruq, discounting, financing of business : personal loan from an Islamic bank

Question: Assalamu Alaykum Dr Kahf,Currently Dubai Islamic Bank has introduced personal loan similar to HSBC Amana. With my limited knowledge I don't see major differences. I understand HSBC Amana is a Tawarruq method.This is how DIB worksCan I borrow money with the type of transaction mentioned in DIB website ?Barakalla FeeqJazakallahRifai.

Subjects: Islamic Banks; Islamic jurisprudence; Loans

Laws

Collective investment law : DIFC law no. 2 of 2010 : consolidated version (August 2014)‎.

Donor award: United Arab Emirates

Subjects: Islam; Banks; Commercial law; Islamic jurisprudence; Law

Fatawa

Paying interest : interest on taxes

Question: [Question one] :Assalam Alaykum Dear Dr. Monzer,I hope you are all well by the grace of almighty.I have a question regarding payment of interest on taxes owed to government. After some adjustments IRS determined that I owe a small amount ....

Subjects: Islamic jurisprudence; Taxes; Usury

Fatawa

Corporate social responsibility : [corporate social responsibility and Zakah]

Question: Dear Sheik Monzer Kahf,Assalamualaikum Warahamatullahi Wa BarakatuhI trust that you and the family are in the best health and happiness by the Grace of Allah. I have written a short article to explain both Zakah and CSR. After referring to ....

Subjects: Alms tax; Corporations; Social responsibility

Fatawa

Hajj, Umrah, Ibadah, fasting, kindness to parents : can a Muslim doctor sign cremation papers ?

Question: [Question One] :Dear brother in Islam,Asalaam Alaykum,We would like to know, that are we allowed to fill the cremation form as a doctor in Islam ? are we allowed to take the compensation given after filling cremation form ?Jazakallah KhairSharif[Question ....

Subjects: Burns; Compensation (Law); Cremation; Islamic jurisprudence

Fatawa

Conventional and Islamic finance of home purchase : ISNA Canada house financing model

Question: [Question one] :Assalamu 'Alaykum Dr. Kahf,I know that you must be extremely busy, but I need an answer to a rather urgent / important question. My wife and I have four days to decide whether or not we will be ....

Subjects: Financing; Housing; Purchasing; Real property

Fatawa

Pension, retirement rights and inheritance : what are the rules of pension inheritance ?

Question: Dear respected Dr. Monzer Kahf :Assalamo Alaikum Wa Rahmatullah :I pray and hope that you are in excellent health. I have known you for many years and have benefitted tremendously from your talks at ISNA conventions in Canada and the ....

Subjects: Inheritance; Islamic jurisprudence; Pensions; Wages

Fatawa

Car lease on hire purchase : is sale of assets in Sukuk and buying them back prohibited ?

Question: Dear Br. Dr. Monzer,I had a quick question from a discussion we had on Sukuk transaction while you were here. If an obligor sells an existing asset for a period of time (say 5 years) to investors, pays rent on ....

Subjects: Deeds; Foundations of Islamic jurisprudence

Fatawa

Takaful : car insurance

Question: Bismillah al Rahman al RahimDear Dr Monzer,Assalam O AlaykumJazak Allah Khair ! Thank you for your answer to my previous question. I truly appreciate it. I have a couple more short questions.1. I live in the US state of NJ. ....

Subjects: Insurance; Interdependence; Islamic jurisprudence; Vehicles

Fatawa

Conventional and Islamic finance of home purchase : Islamic finance is more expensive than conventional

Question: Asslalamu Alaikum I and my brother live in our current home with our parents. We are married and have started families. In 5 or 10 yrs. Time we will need another house therefore have taken out a conventional mortgage on ....

Subjects: Financing; Housing; Purchasing; Real property

Fatawa

Loans, Tawarruq, discounting, financing of business : invoice factoring

Question: Asalam Aleikum,We are doing business in Kenya, we would like to know what is the Islamic point of view on invoice factoring, is it Halal as the conventional companies or banks do it ? Or if this is not Halal can it be made Shari’ah compliant and how ?Ali..

Subjects: Administrative fees; Commissions; Islamic jurisprudence

Statistical Reports

Table 19-9, Investment companies operating in accordance with the provisions of Islamic Sharia : contra accounts.

Quarterly statistical bulletin Central Bank of Kuwait.; Economic Research Department Vol. 36, no. 2 (Apr. / Jun. 2010), pp.78-79, 2 p.

Subjects: Islamic jurisprudence; Kuwait; Mutual funds; Regular accounts; Statistics

Statistical Reports

Table 19-6, Monetary indicators.

Quarterly statistical bulletin Central Bank of Kuwait.; Economic Research Department Vol. 36, no. 2 (Apr. / Jun. 2010), pp.73-73, 1 p.

Subjects: Islamic jurisprudence; Banks; Debts; Financing; International trade

Statistical Reports

Table 19-5, Monetary indicators.

Quarterly statistical bulletin Central Bank of Kuwait.; Economic Research Department Vol. 36, no. 2 (Apr. / Jun. 2010), pp.72-72, 1 p.

Subjects: Islamic jurisprudence; Banks; Debts; Financing; Imports

Journal Articles

The implementation of Ibra in Islamic banking and finance : an analysis in terms of banking operations and Maqasid al-Shariah

By: Muhammad, Murjan. ISRA International Journal of Islamic Finance. Vol. 2, no. 1 (Jun. 2010), pp.159-162, 4 p.

Subjects: Banking; Ibra'a (Islamic law); Islamic Banks

Journal Articles

A new re-Takaful model based on Wadiah

By: Ahmad, Muhammad Ali Jinnah. ISRA International Journal of Islamic Finance. Vol. 2, no. 1 (Jun. 2010), pp.155-158, 4 p.

Subjects: Bank deposits; Insurance; Interdependence

Journal Articles

Performance of Islamic and conventional exchange traded funds in Malaysia

By: Diaw, Abduh; Hasan, Salwana; Ka, Adam Ng Boon. ISRA International Journal of Islamic Finance. Vol. 2, no. 1 (Jun. 2010), pp.133-151, 19 p.

Subjects: Mutual funds; Stocks

Journal Articles

Determinants of economic performance of micro-credit clients and prospects for Islamic microfinance in Malaysia

By: Sad, Nurma Md; Duasa, Jarita. ISRA International Journal of Islamic Finance. Vol. 2, no. 1 (Jun. 2010), pp.113-130, 18 p.

Subjects: Banking services; Loans

Journal Articles

Assessing the demand and supply of liquidity in Islamic banking : the case of Indonesia

By: Ismal, Rafiqi. ISRA International Journal of Islamic Finance. Vol. 2, no. 1 (Jun. 2010), pp.85-112, 28 p.

Subjects: Bank liquidity; Industrial procurement; Islamic Banks; Supply and demand

Journal Articles

Understanding the concept of Maslahah and its parameters when used in financial transactions

By: Lal al-Din, Muhammad Akram. ISRA International Journal of Islamic Finance. Vol. 2, no. 1 (Jun. 2010), pp.61-84, 24 p.

Subjects: Financial transactions; Islamic economics

Journal Articles

Islamic finance : the structure-objective mismatch and its consequences

By: Hasan, Zubayr. ISRA International Journal of Islamic Finance. Vol. 2, no. 1 (Jun. 2010), pp.35-60, 26 p.

Subjects: Financial crises; Financing; Islamic Banks

Journal Articles

Islamic bank failure : a case study

By: Nathie, Mahmud. ISRA International Journal of Islamic Finance. Vol. 2, no. 1 (Jun. 2010), pp.7-34, 28 p.

Subjects: Accounting; Financial crises; Financial statements; Financing; Islamic jurisprudence

Journal Articles

A diagnosis of tranching in light of Shariah principles

By: Mukhtar, Shabnam Muhammad. ISRA International Journal of Islamic Finance. Vol. 2, no. 1 (Jun. 2010), pp.163-166, 4 p.

Subjects: Deeds; Investment banks

Journal Articles

Evaluation of islamic waqf (religious endowment)‎ performance in jordan : a systems approach

By: Urayqat, Ahmad Yusuf Muhammad; Durrah, Abd al-Bari Ibrahim; al-Salihi, Nidal Amin. Journal of Social Affairs. No. 106 (2010), pp.11-24, 14 p.

Subjects: Finance; Financial institutions; Islam; Islamic jurisprudence; Management

Book Reviews

Book Review : Muslim economic thinking and institutions

By: Khan, Muhammad Saeed; Islahi, Abd al-Azim. Journal of King Abdulaziz University : Islamic Economics. Vol. 23, no. 1 (2010), pp.173-179, 7 p.

Subjects: Economics; History; Islamic economics; Islamic jurisprudence; Right to property

Journal Articles

Jizyah : a misunderstood levy

By: Peerzade, Sayyid Afzal. Journal of King Abdulaziz University : Islamic Economics. Vol. 23, no. 1 (2010), pp.149-160, 12 p.

Subjects: Islamic history; Financing; Islam; Islamic jurisprudence; Taxes

Journal Articles

Islamic banks : profit sharing equity and credit control

By: Hasan, Zubayr. Journal of King Abdulaziz University : Islamic Economics. Vol. 23, no. 1 (2010), pp.129-146, 18 p.

Subjects: Banks; Financing; Islam; Islamic jurisprudence; Right to property

Statistical Reports

Table 19-4, Monetary indicators.

Quarterly statistical bulletin Central Bank of Kuwait.; Economic Research Department Vol. 36, no. 2 (Apr. / Jun. 2010), pp.71-71, 1 p.

Subjects: Islamic jurisprudence; Banks; Budgets; Financing; Imports

Resolutions

[Shair'ah rule on Zakah, 2009]

Donor award: Bank of London and the Middle East (London, United Kingdom)

Subjects: Bank accounts; Islamic Banks; Shariah censorship

Fatawa

Paying interest : paying contracted interest

Question: الدكتور منذر القحف الفاضل.. ؛السلام عليكم و رحمة الله.. و بعد...أرجو منكم أخي الفاضل الفتوى لمساعدتي على الخروج من الربى، لقد تابعت في قناة الجزيرة منذ اشهر برنامج الشريعة و الحياة معكم و مع الأستاذ عبد الرحمن يسري حول الربا، ....

Subjects: Islamic jurisprudence; Usury

Fatawa

Investment ; permissible ? : education trust funds

Question: Assalamu'Alaikum Dr KahfI hope and pray you are well.I was wondering what are the scholarly opinions on the permissibility of educational trust [ET] plans ?Specifically, we have a local state [government] trust plan-a contract you purchase from the state government. ....

Subjects: Education; Investments; Purchasing

Fatawa

Bankruptcy, business dispute : bankruptcy

Question: [Question One] :Dear Professor Monzer :Salam Alaykum. I have a question for you regarding bankruptcy. I have read a few of your replies to similar questions, but I think my situation is unique and warrants special consideration. Please correct me ....

Subjects: Bankruptcy; Investments

Fatawa

Can I give my wealth to my children during my lifetime ?

Question: Can I give my wealth to my children during my lifetime ? I understand that when writing a will the Qur’an tells us how our wealth should be distributed, e.g. 2 / 3 to the son and 1 / 3 ....

Subjects: Income distribution; Islamic jurisprudence; Sons; Wills

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