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   (4101 - 4150 of 61820)
Fatawa

Is gold bought for personal use subject to Zakah ?

Question: -.

Subjects: Alms tax; Gold; Islamic jurisprudence; Jewelry

Fatawa

What are the criteria of eligibility to receive Zakah ?

Question: -.

Subjects: Alms tax

Fatawa

Can interest earned be used to pay tax in a non-Muslim state ?

Question: -.

Subjects: Banks; Fatwas; Interest; Islam; Taxes

Fatawa

Do I have to mention all faults of a car when selling it or is responsibility on the buyer to discover any faults ?

Question: -.

Subjects: Automobiles; Defects; Islamic jurisprudence; Responsibility; Vendors and purchasers

Auditing Reports

Independent auditor’s report : to the members of Bank of London and The Middle East plc 2011

Auditors Inc: KPMG Audit Plc (London, United Kingdom)
Source: Annual report and accounts 2011.

Subjects: Accountants; Auditing; Financial statements; Islamic jurisprudence; United Kingdom

Fatawa

Can I apply for an interest-based mortgage on behalf of a family member who is unable to as they will be paying for all costs involved ?

Question: -.

Subjects: Islamic jurisprudence; Loans; Real property; Usury

Fatawa

Is trading “covered warrants” on the stock market permissible ?

Question: -.

Subjects: Islamic jurisprudence; Purchasing

Fatawa

Can I reduce my tax liabilities through lying, as Islamically we are entitled to whatever we earn ?

Question: -.

Subjects: Fatwas; Lying; Tax evasion; Tax incentives

Fatawa

Is national savings accounts Islamically permissible ?

Question: -.

Subjects: Bank deposits; Financial guarantees; Islamic jurisprudence; Savings accounts

Fatawa

Is national savings accounts Islamically permissible ?

Question: -.

Subjects: Banks; Islamic jurisprudence; Savings accounts

Fatawa

As a private car seller, if a buyer cannot afford to pay upfront, is it permissible to sell the car to a company who then sells it at a higher price on a hire purchase agreement to the initial buyer ?

Question: -.

Subjects: Automobiles; Contracts; Islamic jurisprudence; Sales

Fatawa

[Zakah on cumulative savings]

Question: As-Salamu `Alaykum1-If I put $ 100 in a saving account every month starting January 1st, on December 31st it's been a year. Should I pay 2.5 % of the $ 1200 (what I usually do) or can I pay each ....

Subjects: Alms tax; Islamic jurisprudence

Fatawa

[Giving earned interest to a Muslim needy without telling him what it is]

Question: As-Salamu `Alaykum.I have bank account that pays interest and I take the amount they pay me and donate it knowing there is no reward. My questions are : 1-Can I donate it to a Muslim friend / family who is ....

Subjects: Donations; Islamic jurisprudence; Usury

Fatawa

[Buying home in Canada]

Question: As-salamu `Alaykum.If a Muslim in Canada wants to buy a home by borrowing money, then what are the sources available that one can peruse and that are Shari’ah compliance. Are then mortgage available through banks are ok in IslamAppreciate your answer to my question.Jazaak Allah Khair..

Subjects: Canada; Financing; Islam; Purchasing; Real property

Fatawa

[Zakah on RSP accounts in Canada]

Question: As-Salamu `Alaykum.Do we need to pay Zakah al-Mal on our RSP account and my kids RESP ? The money in these accounts is invested in the stock market, which means the value is variable every day. Could you please let me know as soon as possible ?.

Subjects: Alms tax; Bank accounts; Islamic Banks; Islamic jurisprudence

Fatawa

[Does paying taxes in Canada replace Zakah ? And can we distribute Zakah to non-Muslims who are deep problems ?]

Question: As-salamu `Alaykum.There are two questions : 1) Does paying taxes in Canada replace Zakah ? 2) Can we distribute Zakah to non-Muslims who are deep problems ?Regards.

Subjects: Alms tax; Islamic jurisprudence; Taxes

Fatawa

[Pay off father's debt and spending on his treatment]

Question: As-Salamu `Alaykum.We are six brothers and four sisters. My father took some loan (gold) from my sister long back which he was supposed to pay back. Now, he is sick and undergoing treatment and wants to repay the loan as ....

Subjects: Debt repayment; Debts; Islamic jurisprudence

Fatawa

[Paying earned interest to needy Muslims or local Masjid]

Question: Shakeel As-Salamu `Alaykum. Can I pay my bank interest to needy Muslims or to my local Masjid for their operating fund ? Jazaka Allah.

Subjects: Islamic jurisprudence; Usury

Fatawa

[Medical insurance]

Question: Dear Scholars,As-salamu `Alaykum. First of all, I congratulate you and pray to Allah for the great service you are doing to Ummah through on Islam. I work in a MNC company in India, and have a question regarding Medical Insurance ....

Subjects: Health insurance; Islamic jurisprudence

Fatawa

[Transfer of asset to spouse in a last will]

Question: As-Salamu `Alaykum. In order to avoid any future litigation, I have transferred all my assets to my wife's name and in her will she has stated that if she dies before me, all those assets will be transferred to me. Is this permissible ? Jazaka Allah Khair.

Subjects: Foundations of Islamic jurisprudence

Fatawa

[Islamic mortgage conditions]

Question: Riba-based bank (there is no Islamic bank here) owns a house (foreclosure). I go to the bank and say that I want to buy the house and I will pay 20 % of the price. The bank says that it ....

Subjects: Islamic jurisprudence; Subprime mortgage

Fatawa

[Cash under-the-table salary]

Question: As-Salamu `Alaykum. I came to know that one of my friends works in a restaurant. She gets salary as cash as she told me that she is in EI for some reason and thus govt. does not allow working whenever ....

Subjects: Islamic jurisprudence; Wages

Fatawa

[House finance on partnership]

Question: Is it permissible (to avoid Riba) ? I will buy a house partnership with a person (for me-20 %, partner 80 %, his source of money might be a conventional mortgage). If I enter into a contract with this partner ....

Subjects: Financing; Housing; Islamic jurisprudence; Partnerships

Fatawa

[Providing to wife after husband death]

Question: As-Salamu Alaykum, Dr. Monzer Kahf,Please explain, how should I resolve the following situation ?I am retired and I own a house and I have invested my savings in a mutual fund to receive income for my living expenses. If I ....

Subjects: Islamic jurisprudence; Savings

Fatawa

[What can be done with money ignorantly earned falsely ?]

Question: As-Salamu `Alaykum. My friend would like to know ; what can he do with the money he ignorantly earn falsely or on a way not allowed ? He repented. Thank you..

Subjects: Islamic jurisprudence; Money

Fatawa

[Haram money]

Question: As-Salamu `Alaykum, Dr. Kahf. I have a question regarding Haram money.I am only 18 years old and do not have a job. I wish to make some money while I am still studying. I could potentially start up a small ....

Subjects: Islamic jurisprudence; Money; Taboos

Fatawa

[Developing software]

Question: Developing software for BFSI domain : Halal ?.

Subjects: Computer software; Islamic jurisprudence

Fatawa

[Doubt about money origin]

Question: As-Salamu `Alaykum. My father deposited money in my account in an Islamic bank. I doubt that this money is a result of interest because my father used to deposit his money in a non-Islamic bank. I don't know exactly the ....

Subjects: Foundations of Islamic jurisprudence; Islamic jurisprudence; Money

Fatawa

[Providing for wife and children]

Question: As-Salamu `Alaykum. I was speaking with someone the other day about the right of a Muslim wife as far as her husband having to provide her with shelter, food and clothing. The person I was speaking with said that it ....

Subjects: Islamic jurisprudence; Savings

Fatawa

[Distribution of assets]

Question: As-Salamu `Alaykum. If a man has a terminally ill disease and he wants to divide his assets, how should he do that assuming that he has a wife, mother, one daughter, two brothers, four sisters and one deceased brother who has one daughter and two sons ?.

Subjects: Asset allocation; Islamic jurisprudence

Fatawa

[Send money to my parents]

Question: As-Salamu `Alaykum. Dear scholar, I am a medical doctor living in the U.K. My problem is whenever I send money to my parents, I want my father to get the largest portion because he was there for me when my ....

Subjects: Islamic jurisprudence; Remittances

Fatawa

[Query regarding medical insurance]

Question: Dear scholar, As-Salamu `Alaykum. First of all, I congratulate you and pray to Allah for the great service you are doing to Ummah through OnIslam.I work in a MNC company in India, and have a question regarding medical insurance they ....

Subjects: Health insurance; Islamic jurisprudence

Fatawa

[Maximum amount in bank]

Question: As-Salamu `Alaykum. Kindly tell me what maximum amount should one save in the bank ? Jazaka Allah Khair..

Subjects: Islamic Banks; Savings banks

Fatawa

[Am I accountable if the Islamic bank turns to be traditional]

Question: As-salamu `Alaykum Dr. Monzer1) If a person has some savings and tends to deal with an Islamic bank, is he accountable if this bank turns out to be similar to traditional banks in dealing with interest rates rather than real ....

Subjects: Islamic Banks; Islamic jurisprudence; Savings; Usury

Fatawa

[Dilemma of buying our first home]

Question: As-Salamu `Alaykum. I hope you're doing well. My name is Humayun Haq. I am married. We live in NY with our 3 kids. I am in the dilemma of buying our first home. I know many options exist in the ....

Subjects: Dwellings; Financing; Islamic jurisprudence; Purchasing

Fatawa

[Is it permissible to have my wife's name on my assets ?]

Question: As-Salamu `Alaykum Dr. Kahf.I have two assets ; my house and a mutual fund. Both of these assets have my wife's name with right of survivorship. Can I put a clause in my will stating, "After my death these assets ....

Subjects: Asset allocation; Foundations of Islamic jurisprudence

Fatawa

Is it permissible to lie when haggling ?

Question: -.

Subjects: Islamic jurisprudence; Lying; Negotiation

Fatawa

Is leasing and contract hire permissible ?

Question: -.

Subjects: Contracts; Islamic jurisprudence; ٌLeasing

Fatawa

What is the status of the contract to use a service when the terms and conditions of the service prohibit Islamically lawful acts, and those acts occur during usage of the service ?

Question: -.

Subjects: Contracts; Islamic jurisprudence; Taboos

Articles of association

Guiding principles on stress testing for institutions offering Islamic financial services [excluding Islamic insurance (Takaful)‎ institutions and Islamic collective investment schemes]

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

Subjects: Financial institutions; Financial transactions; Investments; Islamic jurisprudence; Management

Auditing Reports

Independent auditors’ report to the members of Alkhair International Islamic Bank Berhad 2011

Auditors Inc: KPMG (Petaling Jaya, Malaysia)
Source: Annual report 2011.

Subjects: Accounting; Auditing; Financial statements; Islamic jurisprudence; Right to property

Auditing Reports

Auditors’ report to the members 2011

Auditors Inc: A. F. Ferguson and company (Karachi, Pakistan)
Source: Annual report 2011.

Subjects: Accounting; Financial statements; Islamic jurisprudence; Management; Profits

Fatawa

Is it permissible to receive free items or services from websites which collate give-away offers ?

Question: -.

Subjects: Web sites

Fatawa

Should I quit my job if they sell unlawful items or is it sufficient for me to give away the percentage earned from unlawful items ?

Question: -.

Subjects: Corruption; Sales

Auditing Reports

Independent auditors’ report : to the shareholders of International Investment Bank B. S. C. (c)‎ 2011

Auditors Inc: Ernst and Young (Manama, Bahrain)
Source: Annual Report 2011.

Subjects: Accounting; Banks; Financial institutions; Islamic jurisprudence; Law

Auditing Reports

Auditors’ report to the members 2011

Auditors Inc: A. F. Ferguson and company (Karachi, Pakistan)
Source: Annual report : financial statements for the year ended December 31, 2011.

Subjects: Islamic jurisprudence; Banks; Financial transactions; Profits; Social responsibility

Auditing Reports

Auditors’ report to the members 2011

Auditors Inc: A. F. Ferguson and company (Karachi, Pakistan)
Source: Annual report 2011.

Subjects: Accounting; Financial statements; Islamic jurisprudence; Profits; Social responsibility

Fatawa

Is it permissible to lease out a property to a company who offer a number of personal finance products such as pawn broking, cash for gold, cash advance and personal loans ?

Question: Is it permissible to lease out a property to a company who do traditional retail, buying and selling, but more recently introduced a number of personal finance products such as pawn broking, cash for gold, cash advance and personal loans ?.

Subjects: Islamic jurisprudence; Real property; ٌLeasing

Auditing Reports

Independent auditors’ report to the member of RHB Islamic Berhad 2011

Auditors Inc: PricewaterhouseCoopers (Kuala Lumpur, Malaysia)
Source: Annual report 2011.

Subjects: Auditing; Financial statements; Income; Islamic jurisprudence; Right to property

Governance

Corporate governance statement 2011

Donor award: RHB Islamic Bank Berhad (Kuala Lumpur, Malaysia)

Subjects: Islamic jurisprudence; Banks; Investments; Management; Stockholders

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