Search Results

Question: Dear brother Monzer,I was wondering if could share the MS word copy of last will (attached is the PDF version). I hereby acknowledge that it would be used for my personal will, and my wife's personal will only.Also, could you ....

Subjects: Children; Islamic jurisprudence; Wills

Question: Can I sell property to a buyer with a conventional mortgage ? We are in the business of buying and selling properties in the U.K. and wish to ensure that our business is ethical, Halal and permissible.We list below the ....

Subjects: Islamic jurisprudence; Real property; Sales; Subprime mortgage; Vendors and purchasers

Question: As Salamu Alaikum Wa Rahmatulahi Wa Barakatuh,Dear Dr Kahf,My name is Ibrahim and I live in the Netherlands. I am a student of international business and management studies. I have many questions to ask you, mostly about Islamic business in ....

Subjects: Banking services; Islamic Banks; Islamic jurisprudence

Question: SalaamsDr. Monzer, pls. help replying this brother :Five years back I (lender) loaned my brother in law (debtor) a large sum of money. Recently, while learning about debts, and the serious consequences of having debt, I decided to request from ....

Subjects: Debt repayment; Debts; Islamic jurisprudence

Donor award: Islamic Financial Services Board (Kuala Lumpur, Malaysia)

Subjects: Islamic jurisprudence; Financial institutions; Foundations of Islamic jurisprudence; Insurance; Islam

Question: Assalamu Alaykum Wa Rahmatu Allahi Wa Barakatuh,My father is purchasing a home and we are thinking to either record the home in either his name or in a trust but would like to choose something better and easier in regards ....

Subjects: Confidence; Inheritance

By: Ayyub, Muhammad Sadiq. Islamic Economic Studies. Vol. 16, no. 1-2 (Jan. 2009), pp.23-52, 30 p.

Subjects: Cost of living; Education; Islam; Islamic jurisprudence; Schools

Question: Dear Dr. Monzer,Assalamu Alaykum Wa Rahmatullah Wa Barakatuh,As-Salaam Alaykum, I have been reading Hajj is obligatory to one who is "able to" perform it, or "physically and financially capable of performing Hajj" ! I'm more interested in the financial "capability" ....

Subjects: Care; Fasting; Pilgrimage; Umra; Worship

Question: Dear Dr. Monzer,Assalamu Alaykum Wa Rahmatullah Wa Barakatuh,Asslam-U-Alaykum, I want to start my own business and I have found a person who is willing to finance me in exchange of share in the business. I know the source of income ....

Subjects: Income; Partnerships; al-Halal and al-Haram

Question: AA baba--In Sha Allah all is well with you and Mama and Noma. I have been shopping for car to replace the civic and am not in a hurry Alhamdu Lillahi because I want to wait for the right financing.I ....

Subjects: Contracts; Islamic jurisprudence; Loans; Usury

Question: Please can you advise on the Shariah permissibility of guarantees and extended warrantiesBy guarantees I mean when the manufacturer gives a guarantee for a product without any monetary compensation and extended warranty where essentially a guarantee for the product is purchased..

Subjects: Financial guarantees; Hedge (Finance); Islamic jurisprudence

Question: Assalam Alaykum,For the loan agreement since a notary republic would cost money and seems cumbersome is having two witnesses as sufficient with address and phone numbers. Also I wanted to humbly ask you if you would be willing to provide ....

Subjects: Islamic jurisprudence; Loans; Usury

Question: Dear,We are organizing an event in favor of Gaza. To encourage the people to give, we would like to organize a raffle for which :-All money will be given to charity-All tickets are winning : but the gift value can ....

Subjects: Awards; Contests; Donations

Question: [Question one] :Dear Sir,I am sorry Sir, I believe I have to gives all the relevant facts as a nature of my work. I have tried to summarize the facts and questions from the original version (which is much longer) ....

Subjects: Contracts

Donor award: Islamic Financial Services Board (Kuala Lumpur, Malaysia)

Subjects: Financial institutions; Financial statements; Islam; Islamic jurisprudence; Profits

Question: Assalamualaikum,I had some concerns about the preparation of the last will. I read some part of the last will (on your website) which states the following about its preparation : disadvantages : a) loss of privacy ; b) challenge by ....

Question: Assalamualaikum profI’m student from Malaysia...I would like to ask your opinion about the Islamic banking services nowadays,Also I want to ask your opinion about the related between inflation and Riba' Can you explain to me about it, and I very ....

Subjects: Banking services; Islamic Banks

Question: is interest a cause of inflation ? Assalamualaikum prof I'm student from Malaysia. I would like to ask your opinion about the Islamic banking services and practices nowadays. I also wanted to ask your opinion regarding the relation between inflation ....

Subjects: Inflation (Finance); Islamic jurisprudence; Usury

Question: Assalaamu Alaikum Sh. Monzer,InShaAllah all is well with you and the family !I have been trying to find an answer to this, but been a little challenging … What’s the controversy in Murabahah transactions ? Some scholars/practitioners comment that it’s ....

Subjects: Resale on profit

Question: AssalamuAlaikum ProfI'm student from Malaysia, I would like to ask your opinion about the Islamic banking services and practices nowadays. I also wanted to ask your opinion regarding the relation between inflation and Riba'. May you tell me more about ....

Subjects: Inflation (Finance); Usury

Question: -.

Subjects: Agency (Law); Bank deposits; Financing; Islamic Banks; Islamic jurisprudence

Question: -.

Subjects: Diminishing partnership; Financing; Housing; Islamic jurisprudence; ٌLeasing

By: Banfi, Elisa. Chronos. No. 18 (2008), pp.151-168, 18 p.

Subjects: Islamic jurisprudence; Italy; Minorities; Mosques; Social conditions

By: Ali, Abd al-Rahman al-Zahi Said. Tafakkur. Vol. 8, no. 2 (Dec. 2008), pp.1-22, 22 p.

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

Donor award: Bank Indonesia

Subjects: Islamic jurisprudence; Banks; Contracts; Law; ٌLeasing

By: Dasuqi, Ashraf Wajdi; Abu Zayd, Abd al-Azim Jalal. Journal of King Abdulaziz University : Islamic Economics. Vol. 21, no. 2 (2008), pp.63-78, 16 p.

Subjects: Financial markets; Islamic jurisprudence; Loans; Sales; Stocks

By: Taj al-Din, Sayf al-Din Ibrahim. Journal of King Abdulaziz University : Islamic Economics. Vol. 21, no. 2 (2008), pp.37-59, 23 p.

Subjects: Financial policy; Financing; Islam; Islamic economics; Islamic jurisprudence

Question: Dear Dr. Monzer,Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,What is the difference between interest and usury, and is it true that Riba is not obtainable in paper and coin currency ?Jazakum Allahu Khairan for your constant help..

Subjects: Islamic jurisprudence; Usury

Question: Salam AlaykumI want to take a home loan from an Islamic bank in Australia called MCCA.The transaction will be : Ijarah Muntahiah Bittamlik as they say. However when I asked MCCA where they got the money from ? They said ....

Subjects: Purchasing; Real property

Question: Assalamu `Alykum Dr. Monzer,I hope you're doing fine and enjoying Allah's blessings.I have a personal question about a new program designed for Canadians to help them donate more and at the same time get better tax refund. I got to ....

Subjects: Bank loans; Donations; Usury

Question: Thank you again! I just had one question in mind, we need a credit card for the organization, what can we do since our programs InSha Allah are interest free but if we get a credit card then that would mean we are involved in interest.Rabia.

Subjects: Credit cards; Islamic jurisprudence

Question: Thank you again ; I have attached the document in word format.Assalamu Alaykum,I have just joined Iana financial recently and we are currently in the process of drafting our student loan contract. Would you be able to review and approve ....

Subjects: Contracts; Islamic jurisprudence; Loans

Question: Dear Sir, I just wanted to ask. If I was to work in an organization whose prime interest is gambling, although, there will be no gambling involved with the position, is it right to work within that organization..

Subjects: Gambling; Labour; Nightclubs; Taboos

Question: SalaamsPls. Dr. Monzer, help replying the following question :Respected Scholars Assalamu Alaykum, currently I am using a 7 year old Car. I would like to buy a new car by arranging an Islamic Finance, at the same time I don’t ....

Subjects: Automobiles; Financing; Ownership; Purchasing

Question: Dear Dr. Monzer,Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,I am Canadian citizen from Syrian origine living in Canada were Shariah is not applied. I have wife, 3 daughters, 3 married brothers, 2 married sisters, no surviving parents. I have house (where ....

Subjects: Inheritance; Islamic jurisprudence

Question: Assalamu Alaykum wa Rahmatu Allahi wa Barakatuh,My lawyer drafted an "Illinois Power of Attorney for Health Care" document that I edited according to the instructions on your web site. The lawyer also provided me with an "Illinois Power of Attorney ....

Subjects: Distribution (Economic theory); Health; Inheritance; Islamic jurisprudence; Procuration

Question: SalamsPls. Dr. Monzer help replying the following question :Dear Scholars, Assalaamu-alaiykum, In 1996 before proceeding for Hajj, my father wrote an Inheritance will (without any witnesses ? signatures) and also without civil court stamp paper and registration requirements. In the ....

Subjects: Inheritance; Islamic jurisprudence; Real property

Question: SalamsPls. Dr. help replying the following question :As-Salamu `alaykum I have 2 questions :1. My grandfather has 3 wives not at the same time but one after the other’s death. 1st wife has no child dies very early year not ....

Subjects: Grandchildren; Inheritance; Islamic jurisprudence

Question: Assalamu Alaykum, My father has not been working for many years, about fifteen, even though he only reached retirement age just two or three years ago. He has put his money in the bank, and lived off the interest generated ....

Subjects: Endowments; Inheritance; Islamic jurisprudence; Usury

Question: [Question one] :Assalaam alaikum Brother Monzer,Please let me know a time when I can talk to you regarding a business we are thinking of doing. The person with whom we are going into a 50 / 50 partnership is alright ....

Subjects: Bank loans; Usury

Question: Dear Dr. Monzer,Assalamu Alaykum Wa Rahmatullah Wa Barakatuh,Respected scholars I have two questions : 1.) My mother has had an interest accruing account which she has not used in the past few years. Aside from the money acquired via interest, ....

Subjects: Banks; Interest; Islamic jurisprudence; Usury

Question: Dear Dr. Monzer,Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,Respected scholars I have two questions : 1.) My mother has had an interest accruing account which she has not used in the past few years. Aside from the money acquired via interest, ....

Subjects: Accounts current; Usury

Question: I first want to commend and thank you all for the great job you are doing to help us stay on the right path. I am going to joining university shortly and chose economics as my major as I was ....

Subjects: Islamic jurisprudence; Labour; Usury

Question: Ask Sheikh,I came across your Fatwas. I have a few questions to ask you regarding my position with Riba based financing. We have a family business which has been around for 30 years or so....In the past around the 70's ....

Subjects: Bank loans; Business; Usury

Question: Assalamualaykum1. Is it possible working in non-Islamic banks, which deal with interest? Is its salary Halal ? Case : my relative who works at bank wants to make Hajj this year with her husband ; and they are saving money ....

Subjects: Financial transactions; Islamic jurisprudence; Pilgrimage

Question: Assalamu,I’m Firoz Indian, now working in Saudi Arabia. There is one electronic shop they offer 1 year installment with some % of interest. I know it is Haram, but there was one month special offer that 0 % interest shopping. ....

Subjects: Islamic jurisprudence; Supply and demand; Usury

Question: Dear Dr. Kahf :I would like to know if it's Halal or Haram to work for a non-profit organization that provides micro-credit I.e. loans to help the poor around the world. These are easy-terms loans, but interest is involved (non-Islamic finance).... Jazaka Allah Khairan....

Subjects: Financing; Islamic jurisprudence; Usury

Question: Salam, Our family is in a crisis. My mother is hoarding all the inheritance that my late dad had left behind when he passed in Mar 2007. She claims all these belong to her, when clearly Surah Nisa mentions the ....

Subjects: Heirs; Inheritance; Islamic jurisprudence; Savings

Question: Salam 'Alaykum learned brothers / sisters, I live in a country where there are no Islamic (non-Riba) financial systems and have a small start-up business of my own that typically requires funding. I currently have an interest paying loan and ....

Subjects: Loans; Usury

Question: I would like to know if it would be Halal to organize a mathematics competition where money prizes will be given but only to the winners. To enter the competition the students will have to buy two small safety match ....

Subjects: Awards; Contests; Costs; Gambling