Search Results

Question: Dear Dr Monzer,Jazakum Allahu Khairan both for your quick and helpful responses, and your greetings and cheerful words. And I am very much looking forward to the opportunity of meeting when you happen to be close to Germany !Myself, I ....

Subjects: Installment sales; Islamic jurisprudence; Usury

Donor award: Mashreq al-Islami (Dubai, United Arab Emirates). Sharia'h Supervisory Board

Subjects: Income; Islamic jurisprudence

Question: Dear Dr. Monzer,Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,Following is a financial question :As Salamu `Alaykum, dear brothers and sisters. Shukran ktir for this great work in Islam. May Allah reward you all !! Well my question I think it’s a ....

Question: As-Salamu Alaykum wa Rahmatu Allah,Hope this message reaches you while you are in the best of health and Iman, I would like to know the ruling of secured credit cards. I read your fatwas regarding credit cards and I agree ....

Subjects: Credit cards; Islamic jurisprudence

Question: Assalamu Alaikum,Dear Sir,I’m Hijaz, undergraduate, B.Sc. Accountancy, from Sri Lanka. One of my friend bought a mobile phone in installment system. Cash price of mobile Rs 19575Monthly installment Rs 1875 (1875 * 12 = 22500)Additional charge Rs 2925 (22500-19575)Period ....

Subjects: Installment sales; Usury

Question: Dear Dr Monzer,Assalamu Alaykum Wa Rahmatu Allahi Wa Barakatuh,I am e-mailing you at this point in time because while flipping through your Fatwas on “Riba and interest” from 2663 I came across the following remark of yours : “interest must ....

Subjects: Bank accounts; Usury; Wages

Question: Salam Alikom brother,I really appreciate your time to answer my question, and I really take your Fatwa into consideration, because I read a lot of your Fatwa before. I have one more question the Islamic mortgage that I am ....

Subjects: Subprime mortgage

Question: Al Salam Alikom,My name is Ahmed, I am from USA.I just bought a house under Islamic law by guidance financial. They offer Islamic law mortgage (co-ownership program) I would like to ask you if this mortgage still Riba (even though I am dealing with Islamic institution) or it's Halal.Salam 3alikom.

Subjects: Financing; Housing; Subprime mortgage

Question: Dear Dr. Monzer,Assalamu Alaykum Wa Rahmatullah Wa Barakatuh,Dear prominent scholar As-Salam `Alaykum Wa Rahmatullah Wa Barakatuh my question is about the reasons behind the prohibition of gambling and lottery in Islam and in the case of these reasons not present. ....

Subjects: Gambling; Islamic jurisprudence; Lotteries; Taboos

Question: Dear Dr. Monzer,Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh,Can I get rid of bank interest through charities such as Oxfam ?Regarding bank interest, you state that this money can be donated to charities (poor) or for public projects. I for example ....

Subjects: Charity; Usury; Wages

Question: Assalamu Alaykum,Dear Mr. Kahf,According to my humble understanding, you are the most appropriate brother for this matter. I have tried to get in touch with various scholars trying to obtain an answer to a serious question regarding bank loans but ....

Subjects: Bank loans; Banks

Question: Asalamualikumww,I have financial issues with a Muslim business partner, specifically he disregarded the contract we signed regarding the money I invested with him, and rather I think he used the money for personal means. He also hired my brother and ....

Subjects: Bankruptcy; Business

Question: Assalamualaikum. I have couple question about Zakah, hope to get some answer in reference to Hadith and the Qur’an that release me from my stress.I have an aunt, her husband died few years ago, and did not leave her much ....

Subjects: Alms tax; Islamic jurisprudence

Question: Dear Sheikh,I am 16 years old. In my class there are Muslims and Christians. One of the girls in my class greets me whenever she sees me in the hall and sometimes she says a few words. I really want ....

Subjects: Girls; Islamic jurisprudence; Social capital

Question: Respected scholar, in your point of view, do you think the global reports that the food crisis will continue and affect poor countries ? And how can Muslims in the east face this expected crisis ?.

Subjects: Food security; Islamic jurisprudence

Question: What is the difference between interest and a late fee ?.

Subjects: Administrative fees; Commissions; Islamic jurisprudence; Usury

Question: As-Salam `Alaykum !I wanted to ask you that if a person's savings is based on salary then what would be the Zakah.If on 1st Ramadan he has 1000 dollars and saves 500 dollars every month and reaches to 7000 savings ....

Subjects: Alms tax; Islamic jurisprudence; Savings

Question: As-Salam `Alaykum !I had a question regarding interest transactions. Did Allah SWT prohibit all interest transactions in general or only those where money or land is multiplied in double triple which leaves too much burden on the people ? Also ....

Subjects: Islamic jurisprudence; Usury

Question: Is bill discounting, negotiation with bank permissible ?.

Subjects: Discount; Islamic jurisprudence

Question: As-Salam `Alaykum brother, I have a 1 / 2 brother from my father. When my father died his pension passed to my mother. Does my brother have a right to share in the pension ? Jazakum Allahu Khairan !.

Subjects: Inheritance; Islamic jurisprudence; Pensions

Question: As-Salam `Alaykum Sir,In Pakistan, cars are issued on lease. I want a Fatwa on it ? I hope you will understand after following example. If the price of car is, for instance, 6,00,000 rupees but the bank gives you some ....

Subjects: Automobiles; Islamic jurisprudence; ٌLeasing

Question: As-Salam `Alaykum ! Can we trade gold (futures / options) in the commodities market ? I came across a Hadith of our Prophet (peace be upon him) that 6 commodities must be exchanged “like for like” and gold is one ....

Subjects: Gold; Islamic jurisprudence; Purchasing; Sales

Question: Dear Dr. Kahf, As-Salam `Alaykum.I have 3 questions :1. I am working for an export organization. Due to US Dollar weakening against major currencies, is it permissible to hedge the exchange loss on our Dollar receivables by taking forward / ....

Subjects: Hedge (Finance); Islamic jurisprudence

Question: As-Salam `Alaykum ! Some brothers sometimes ask me to give them my mobile to use, or to take my car for some time... I never refuse them, but among them are some people whom I don't know well. Can I refuse them ?.

Subjects: Islamic jurisprudence; Usury

Question: Salam ! I want to rent my villa for rest, to make there billiards, swimming pool. It is sure, that some of the guests will drink alcohol there, smoke... Is it allowed ?.

Subjects: Islamic jurisprudence; Real estate Investments

Question: As-Salam `Alaykum ! Is it allowed to borrow money to someone, if I borrowed him my money before, but he still did not pay them back to me, and he's not the one in need ?.

Subjects: Loans

Question: As-Salam `Alaykum. How do we pay Zakah on assets? We have 7 trucks and 2 excavators. Presently only 2 of the trucks and 1 excavator are working. Only 3 trucks have been paid for in full none of which has ....

Subjects: Alms tax; Foundations of Islamic jurisprudence; Islamic jurisprudence

Question: Is boycotting products of countries where some of their newspapers published offensive cartoons to the Prophet (peace and blessings be upon him) considered Jihad or some sort of cooperation on goodness and piety ?.

Subjects: Economic sanctions

Question: As-Salam ‘Alaykum, dear respected scholar, my husband and I are wondering what the Fatwa is regarding having life insurance and / or disability insurance ?Jazakum Allahu Khairan..

Subjects: Life insurance

Question: As-Salam `Alaykum. I have 3 children, and in order to provide for family I work as a guard, and 3 days in a week I don't sleep at night. I feel my health becomes worse. Is it Haram for me to work there ?.

Subjects: Bodyguards; Labour

Question: My question relates to credit cards and their usage. I am aware that use of credit cards is permissible so long as I ensure that I pay the total amount due and do not default on payment, thereby activating the ....

Subjects: Credit cards

Question: As-Salam `Alaykum !In the US we have the Islamic mortgage companies that claim their co-ownership programs to be Halal. In this program you must pay mortgage payment that is interest free, but you must also pay co-ownership fee and fair ....

Subjects: Housing

Question: Asalamu AlaykumI want one clarification that I'm a student of finance in Pakistan. Currently I have an opportunity of job in a leasing company in the Internal Audit department which is not directly linked to leasing business. My question is, ....

Subjects: Corporations; Labour; Usury

Question: Asalam-u-AlaykumI want one clarification that I'm a student of finance in Pakistan. Currently I have an opportunity of job in a leasing company in the Internal Audit department which is not directly linked to leasing business. My question is, whether ....

Question: Dear Respected ScholarI am a Computer Engineering graduate and a Senior Software Engineer by profession. I am working for a company which is developing Software which could be used to analyze the Stock Market prices and do trading in the ....

Question: Assalamu Alaykum,I have a commercial building that I rent. The people who rent my building sell alcohol and lottery. At the time I rented to them I was far away from Islam. Alhamdulillah I am practicing Muslimah now. The rent ....

Subjects: Contracts; Provisions of sharia; Real estate Investments; ٌLeasing

Question: Assalamu Alaykum.Dear Sir please clarify can we use credit cards ?.

Subjects: Credit cards; Islamic Banks

Question: SalamsDear Dr., pls. reply this question, which we received in ask the scholar page :Since two years, my husband and I, we have stopped all interest transactions of every kind, whether bank or mutual fund or whatever and deal only ....

Subjects: Islamic jurisprudence; Repentence; Usury

Question: Assalamu Alaykum,We live in Europe, can we, please get the answer about credit in bank, there is no Islamic bank here, we don`t have a choice. Can we take credit for apartment, car or to start our own business.Thank you very much..

Subjects: Bank loans; Banks; Financing

Question: Asallamu Alakom,Dear Sir,My question is : an example,A person took a flat by rent, of amount of 20000us $, for 1 year and he is transferring his flat to my name, and he want 3000 $ key money from me, ....

Subjects: Contracts; Islamic jurisprudence; Payments; Rent

Question: Assalamu Alaykum wa Rahmatullahi wa Barakatuh.Dear Dr. Kahf,First of all, I have visited your website and would like to thank you for the great effort and the immense benefit that your work has on Muslims around the world.I live in ....

Question: Asalamu Alaykum,I hope when this letter reaches you and your family is in good health. I bought a house couple years back with conventional mortgage ; before I buy it, I have researched about this issue I have asked many ....

Subjects: Financing; Housing

Question: Dearest Dr. As-Salamu AlaykumPls. answer this question. The man is speaking on Riba :On September 17, 2007, Imam Abdu Rahman Bin Mohammad al-Harbi (our local Imam) talked about "Riba" (usury) and warned the Muslims about the gravity of this sin. ....

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

Question: My question is that I am serving in government department and my department is subscribing / deducting provident fund which is compulsory. Please tell me that profit on this provident fund is Halal or otherwise ? It is further added ....

Subjects: Employees; Pensions; Public sector; Savings

Question: SALAMSCould you please reply this question, we got in our Hajj and Umrah page ?Is it allowed to pay for your haj by credit card ?Thanks, Wael.

Subjects: Credit cards

Question: [Question One] :Dear Dr. Monzer KahfAssalamu Alaykum Wa Rahmatullah Wa BarakatuhI am from Sri Lanka and yes there are Islamic banks here but I need to get a loan where the period extend to say about 15 to 17 years ....

Subjects: Islamic Banks; Loans; Management

Question: Respected scholars, As-Salam `Alaykum. I have a question regarding Lottery !We have some banks in our country that make an account by name of portion (Qismat) or luck (Nasib). The bank saves the money for its users and user can ....

Subjects: Awards; Contests

Question: Respected scholars, as-Salamu `Alaykum. I have a question regarding Lottery ! We have some banks in our country that make an account by name of portion(Qismat) or luck (Nasib). The bank save the money for its users and user can ....

Subjects: Awards; Bank accounts; Bank deposits

Question: أخي الكريمالسلام عليكم .......للمرة الثانية و للضرورة حيث أعلم التزاماتكم الكبيرة و لكن لا أرجع إليكم إلا عند الأمور الهامة. أنا تاجر لأجهزة الكومبيوتر من دبي إلى ليبيا و أعمل بأموال الأهل و الأحباب بنسبة الربح و الخسارة و نظرا ....

Subjects: Contracts; Islamic jurisprudence; Sales

Question: Assalamu Alaykum,I want to know why Islamic bank wear a title as a Shari’ah Based. One of my friend got loan from Islamic bank, if he is not able to pay the debt within 45 days. He must pay FINE. ....

Subjects: Commercial finance companies; Costs