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   (6351 - 6400 of 61820)
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

Fatawa

Are taxes permissible in Islam ? : is income tax forbidden ?

Question: Is the income tax the government takes from us considered stealing ? They take almost half of the money we earn and work hard for..

Subjects: Government; Income tax; Taxes

Fatawa

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

Question: Salam Oualaoukoum Wr.Wb. I'm a student in ULB university in Brussels I'm studying in actuarial science whish prepared people to work in insurance companies, so my question is : is it legitimate or not to work in insurance company ? NB : sorry, my English is bad..

Subjects: Insurance companies

Fatawa

Student loans with interest linked to inflation

Question: Assalamu Alaikum. An issue has risen in regards to the position of Islam regarding student loans which have an Interest linked to inflation. So what is the Shari'ah position regarding this type of interest ? (See notes)notes : The rate ....

Subjects: Inflation (Finance); Islamic jurisprudence; Loans; Usury

Fatawa

Examples of lack of justifying needs : buying an apartment in the USA

Question: I live in Virginia, in the United States of America. I recently got married, and I and my husband need a place to live. He is the only one that is working and has to pay for my college. He ....

Subjects: Dwellings; Islamic jurisprudence; Sales; United States

Fatawa

Money paid to tenant to vacate : money paid by owner to get renter out (khlow)‎

Question: Dear Sir, al Salam Alikom Wa Rahmato Allah Wa Barakatoh, I am asking about : I am living in a rented house since 1965, (35 years) and the owner of the house dead and her sons live in Egypt, they ....

Subjects: Islamic jurisprudence; Landlords and tenants; Money; Payments

Fatawa

Examples of lack of justifying needs : buying a house on interest

Question: Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh, What the Shari'ah says about taking mortgage on a fix interest and fix term and try to pay-off the loan within that time frame ? May Allah reward you for helping Muslims. Ahmed.

Subjects: Housing; Islamic jurisprudence; Sales; Usury

Fatawa

Studying and working in the other financial firms and the financial sector : working in lease and rent buy financing

Question: Salaam. I work as a finance broker providing businesses finance for purchasing equipment, etc. by leasing and rent / buy arrangements only. I understand this to be Islamically acceptable. What is your opinion ? Also, an opportunity has been given ....

Subjects: Financial institutions; Financing; Labour; Purchasing; ٌLeasing

Fatawa

House purchase financing in Muslim countries: buying a house on interest in Morocco

Question: In the name of god the most merciful, the most gracious. Al Salam Alaykum Wa Rahmatullah Wa Barakatuh. Thank you for giving me a time to read my letter and please if you could answer my following question : in ....

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

Fatawa

Is insurance permissible ? life, car, health, property, hazards, shipping, etc. : insurance for Muslims in the United States

Question: Assalamu Alaykum WRWB, What are the rulings regarding insurance ? in the US, auto insurance is mandatory, but many of us have life, medical and dental insurance also.Jazakullah for any advice you can offer..

Subjects: Health insurance; Insurance; Islamic jurisprudence; United States; Vehicles

Fatawa

Unlawful money and properties : welfare money obtained on the basis of false documents

Question: Many years ago, I lied to the social services and obtained money (social welfare) from the UK government, which lasted for a couple of months. I put the money in my bank account and it has mixed with the money ....

Subjects: Bank accounts; Islamic jurisprudence; Money; Social welfare

Fatawa

Free gambling and lotto : internet free lotto : [1]

Question: I play lotto by Internet. It's free I do not pay any money. I have to say if this is Halal or not. Thank you very much..

Subjects: Gambling; Internet; Islamic jurisprudence; Lotteries

Fatawa

Trading currencies : future foreign currencies

Question: Is 'forward booking' in foreign exchange transaction permissible in Islamic Shari’ah ?.

Subjects: Foreign exchange; Islamic jurisprudence

Fatawa

Buying share, stocks and mutual funds : what is the problem with trading options and futures ?

Question: What is the issue in trading options that you already own ? what is the issue regarding trading futures and options ? is there anything in Islamic transactions that is like trading futures and commodities ?Notes : Salam I would ....

Subjects: Futures; Islamic jurisprudence; Transactions

Fatawa

What to do with earned interest ? : can earned interest be used to pay due interest ?

Question: Since I am an expatriate and there are no means to do monetary transactions using Islamic Banks, I am forced to maintain an account in a non-Islamic Bank. Can I use the interest obtained from this account to pay back ....

Subjects: Banks; Islamic jurisprudence; Usury

Fatawa

Using interest rate as a discount factor in calculations

Question: I am an actuary by profession and engaged in calculating pension and carrying out valuation regarding pension funds. These actuarial valuations are used primarily to arrive at a sustainable contribution rate for the Pension fund. These pension funds are invested ....

Subjects: Discount; Interest rates; Islamic jurisprudence

Fatawa

Using property bought with interest for prayers and other usages : prayers on property bought with interest

Question: In USA lots of Muslim bought there home on mortgage i.e., they are paying interest every month on their properties. My question : is it o.k. to pray on the property (house) which is bought on mortgage ? Please let me know. Thanks..

Subjects: Islamic jurisprudence; Purchasing; Real property; Usury

Fatawa

House purchase financing in Muslim countries : buying a house on interest mortgage in a Muslim country

Question: Assalamu Alaykum. We are very happy to have you by our sides. May Allah reward you for everything. Please I want to know if I have the right to take a loan from a bank (which means with Riba) in ....

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

Fatawa

Working in companies that sometimes deal in interest : studying and working in accounting

Question: Is studying accounting Halal or Haram... Especially it's full with financial transactions that may be Haram.... P. S. I am in my third year and it's difficult to convert to other fieldNotes : I am in my third year and ....

Subjects: Accounting; Financial transactions; Islamic jurisprudence; Usury

Fatawa

Is interest a compensation for inflation ? : effect of inflation on long term debts

Question: As Salamu Alaikum. I was married in November, 1995, and the dower that was agreed upon was Pakistani Rupees 100,000 in current currency (Muajjal). We now live in the US, and at this time, I would like to pay my ....

Subjects: Dowry; Exchange rates; Foreign exchange; Inflation (Finance)

Fatawa

What to do with earned interest ? : disposing of earned interest : [3]

Question: Assalamu Alaikum I have two questions, 1) I am living in non-Muslim country I have an account in a bank, yearly they are giving interest for my saving account. What can I do for this interest money ? can I ....

Subjects: Islamic jurisprudence; Usury

Fatawa

Interest loans under hardship : destitute taking loans from governments

Question: The govt. here has started some schemes to lends loans to the under privileged youngsters, it also provides the claimants with subsidy to the loan. I am one of the kind without any support from any sources. Should I go for it..

Subjects: Islamic jurisprudence; Loans

Fatawa

Buying share, stocks and mutual funds : investment in stocks and mutual bonds

Question: What is considered Halal investment given that there are different areas of investment such as mutual fund, stocks, bonds ?I truly appreciate your response as soon as possible..

Subjects: Bonds; Investments; Islamic jurisprudence; Stocks

Fatawa

Getting financing from Islamic banks

Question: Al Salam Alaikum. Is it acceptable to deal with Islamic bank for finishing our home which is under construction and in this economic situation we live in Palestine we can not finish it ? So I heard that the bank ....

Subjects: Financing; Islamic Banks; Islamic jurisprudence

Fatawa

Last will in case of two or more wives : last will of a man with two wives in USA and inclusion of insurance policy

Question: As Salaam Alaikum. I have two questions : my first question is : which case formula will be used for Mawarith (The Islamic distribution of the estate) ? I have two wives : 1 wife with 4 sons, and 5 ....

Subjects: Insurance; Islamic jurisprudence; Married women; United States

Fatawa

Recording a new mosque : registering a new local mosque

Question: [What is Shari’ah rule on registering a new local mosque ?].

Subjects: Waqf

Fatawa

Using of will and trusts for inheritance : using trust for inheritance in Muslim communities

Question: Dear Dr. Monzer,Assalamu Alaykum.I hope you are well. I am writing to ask a question regarding using of will and trusts for inheritance purposes. I am aware that you propose use of these instruments in non-Muslim countries. The question I ....

Subjects: Inheritance; Islamic jurisprudence

Fatawa

What to do with earned interest ? : depositing in interest-based accounts

Question: What about someone wants to put his money in the syndicate and he knows that they will invest it in the bank..

Subjects: Bank accounts; Bank deposits; Islamic jurisprudence; Usury

Fatawa

Is insurance permissible ? Life, car, health, property, hazards, shipping, etc. : is life insurance permissible ?

Question: Assalamu Alaikum Warahmat Allah Wa Barakatuhu Wa Ba'ad, first question : life insurance policy is Halal (allowed) or Haram in Islam ? Second question : is progress payment financing (??) prohibited or allowed ? jazakumullahu Khairan, agilNotes :Ps. : progress ....

Subjects: Insurance; Life insurance; Premiums

Fatawa

Trading currencies : long and short currency contracts

Question: Salamu Alaykum From the Fatwa bank, I read that Dealing in Foreign Currency is Halal.The question is about a more specific action in this deal. Where we have two action : (1) Long deal : Where you buy now and ....

Subjects: Contracts; Finance; Foreign exchange; Islamic jurisprudence

Fatawa

Buying share, stocks and mutual funds : buying technology stocks

Question: Is it permissible to buy / sell stocks of companies that deal in technology and manufacturing or biotech, but that has debt and borrow money from banks for their research and development ? Thus, if the company deals in permissible ....

Subjects: Islamic jurisprudence; Purchasing; Stocks; Technology

Fatawa

Buying share, stocks and mutual funds : buying technology shares

Question: Assalamu Alaikum, is it lawful to buy shares in a technology mutual fund ? Although the companies themselves do not deal in anything Haram, some of them (I do not know) may borrow money from banks with interest to finance ....

Subjects: Islamic jurisprudence; Purchasing; Stocks; Technology

Fatawa

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

Question: Asalamo Alykom I want to ask doctor Qaradawy fatwa (question because : 1-I was his student 2-I believe that his the most admirable (Alam) in the 20th Century. The question is : I work for an insurance company in USA ....

Subjects: Insurance companies; Labour

Fatawa

Working in conventional banks : working in Islamic banks

Question: What about working in an Islamic bank in loans treatments ? Is it Halal or Haram according to Islamic point of view ?Notes : it is the only available job for me now. Do I accept it or not ?.

Subjects: Banks; Islamic Banks; Islamic World; Labour

Fatawa

Is insurance permissible ? Life, car, health, property, hazards, shipping, etc. : employment insurance

Question: Is insurance of job allowed ?Notes : Assalamu Alaykum, I'm an expatriate working in UAE. Some of the insurance companies here, have recently introduced Insurance schemes covering the loss of job.There are continuous uncertainties in my profession. However, I have ....

Subjects: Insurance; Islamic jurisprudence; Labour

Fatawa

Trading currencies : currency spot trading on margins

Question: I just join a new company which is working some like investment but difference is that we ask people to invest their money in our company but their is no limit profit they have to accept profit and loss, in ....

Subjects: Commerce; Islamic jurisprudence; Local currencies; Markup

Fatawa

Options in stocks, commodities and currencies : currency options

Question: Assalamu Alaikum, My question is about the ruling in Islam on currency options (a kind of investment)..

Subjects: Islamic jurisprudence; Local currencies; Options (Finance)

Fatawa

Trading futures, commodites and indexes : index futures and short contracts

Question: [What is Shari'ah rule on index futures and short contracts ?].

Subjects: Futures

Fatawa

Miscellanious on interest : earning interest, disposing of earned interest and paying interest

Question: Assalamu Alaikum the question concerns Interest or Riba. What shall I do with the Interest I earn from the banks in India. I am not using it for my personal use--should I just leave it at the bank or can ....

Subjects: Islamic jurisprudence; Payments; Usury; Wages

Fatawa

Nterest-based financing of house and car is prohibited : rationale for the prohibition of interest financing of houses

Question: Salaam, why is it Haram to have a mortgage ? What alternative would you suggest to people wishing to own there own place ? There are no Islamic banks so in such a situation why can we not take a ....

Subjects: Islamic jurisprudence; Subprime mortgage

Fatawa

Is insurance permissible ? Life, car, health, property, hazards, shipping, etc. : insurance of personal belongings

Question: Can I insure my belongings ? I rent a townhouse and in the past I have been robbed..

Subjects: Insurance; Islamic jurisprudence

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