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

Subjects: Exports; Financing; Islamic jurisprudence; Negotiation

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

Subjects: Exchange rates; Hedge (Finance); Investment returns; Islamic jurisprudence

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

Subjects: Hedge (Finance); Islamic jurisprudence

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

Subjects: Islamic jurisprudence; Resale on profit

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

Subjects: Accounts current; Bank accounts; Islamic jurisprudence

Question: Can a pharmacist take out extra insurance due to extreme circumstances ?I know that insurance is only permissible in extreme cases. Would it be permissible for a pharmacist to take out insurance which will protect her in case she was ....

Subjects: Insurance; Islamic jurisprudence; Pharmacists

Question: Dr MonzerIt is Haram or Halal to be a broker ? a bridge between the seller and the buyer and take commission ?Ex. I have a contact for wheat in Canada and I have seller in Egypt... When the seller ....

Question: Dear Br MonzerA conventional commercial bank has offered a person to take his property on rent for installation of an ATM. Please guide whether the Shari’ah allows this place to be rented out to the bank for the purpose of installing an ATM over there.WassalamTariq.

Subjects: Automated tellers

Question: Is it permissible to work as an energy trader ?The role would involve trading futures contracts..

Subjects: Futures

Question: Is it permissible to work as an energy trader ? The role would involve trading futures contracts..

Subjects: Futures; Islamic jurisprudence

Question: السلام عليكم أستاذنا الفاضل :لعلكم بخير صحة و أفضل حال، أسأل الله عز و جل أن يتم عليكم نعمته و يديم عليكم عافيته.لدي سؤال أرجو من فضيلتكم التكرم بإجابته.ننوي بناء بيت و طلبنا من مكتب هندسي الإشراف على عملية البناء ....

Subjects: Contracting out; Islamic jurisprudence; Ratio analysis

Question: Assalamu Alaykum Ustaad,I am your student from Paris. I attended your classes a year ago. As we studied money and Islam and we are continuously learning in Islamic finance, I had a basic question for you. When a child ....

Subjects: Fathers; Wages

Question: As-Salaamu Alaykum Wa Rahmatullah Dr. Kahf,InSha'Allah this finds you in the best of health and in an increasing state of Iman.I need to further clarify my understanding regarding this matter, even though this article sheds some light on the issue ....

Subjects: Islamic jurisprudence; Loans

Question: Dear Dr Monzer KahfI have started University in the UK and I was having difficulty in taking out a tuition fee loan only which will cover the academic year. The tuition fees are currently £ 3375 and if I barrow ....

Subjects: Education; Islamic jurisprudence; Loans; Students

Question: Is my ex-husband entitled to a share of the house we bought together ?My ex-husband abandoned and left me with a 1yr old child. We have a house in both of our names, which I took care of and rented ....

Subjects: Islamic jurisprudence; Real property; Subprime mortgage

Question: [Question One] :Salamoulikom1. What do you think about Islamic Forex broker ? Is it Halal or Haram ?This is 1 broker offer forex halal : http://www.etoro.com/why etoro/islamic-account.aspx2. I want to know if I trade example the company apple CFD shares ....

Question: Can an Islamic bank financing the construction of a bible learning institution. Your contribution to this will be highly appreciated.

Question: I have an opportunity to underwrite financial institutes referring to banks and investment firms and provide insurance to these entities based on directors and officers, epl. crime, cyber and k and r product lines. Can you please let me know ....

Question: My mother agreed to let her property be used for a madrassa, however she now needs to sell the property due to financial hardships. Is she able to do this ? My mother has been donating money to Islamic projects ....

Subjects: Islamic jurisprudence; Property; Property transfers

Question: If I have a pension, which I don’t know any details about, do I pay Zakah on the contributions and is it considered Haram ?I work for a big company and when I started in Feb 2009 the company inserted ....

Subjects: Alms tax

Question: If I have a pension, which I don’t know any details about, do I pay Zakah on the contributions and is it considered Haram ?I work for a big company and when I started in Feb 2009 the company inserted ....

Subjects: Alms tax; Islamic jurisprudence; Pensions

Question: Am I responsible if my wife engages in interest-based activities ? I understand that Riba is a very serious and major sin.I have been Muslim for four years and am looking to marry a sister Insha’Allah. But I just found ....

Subjects: Islamic jurisprudence; Responsibility; Usury

Question: Assalamu Alaykum W Rahmatu AllahI'm a dentist in USA and I was offered a disability insurance, which means I will have a contract policy with this insurance company, and have to pay them an annual premium, to protect me in ....

Subjects: Helplessness; Insurance; Islamic jurisprudence; Social insurance

Question: Assalamu Alaykum wa Rahmatu Allah Wa BarakatuhDear Brother De. MonzerI have two other questions regarding business dealings.1-Is it permissible to run a soccer tournament (for profit) were I collect money from all of the teams and I use the collected ....

Question: Do I pay Zakah on an investment from which I get no return, but whose value rises ? I had about £ 51,300 on which I paid Zakah this year which left me with about £ 50,000. I then ....

Subjects: Alms tax

Question: Assalamu Alaykum Wa Rahmatu Allah.At first I want to tell you that I love you for the sake of Allah.I am a retailer and I have some questions regarding the retail business dealings.1) As a retailer I do accept payment ....

Subjects: Discount; Islamic jurisprudence; Retail trade; United States; Usury

Question: Salam Alaykum,I would like to ask you the following : I converted to Islam 3 years ago. My non-Muslim parents opened an account on my name when I was still a child. I didn't put any money on it. It ....

Subjects: Dhimmies; Islamic jurisprudence; Usury

Question: Salam Alaykum Brother Monzer,Last year I leased a car from VW and before I leased it I asked a local brother who has some knowledge and he said as long as the lease contract does not contain any interest it ....

Subjects: Automobiles; Punishment; Usury; ٌLeasing

Question: Is Zakah necessary on child benefit payments ?I wanted to know who is considered the owner of the child benefit given by the government. Is it the child or the mother ? I believe that if it is the mother then Zakah will be compulsory..

Subjects: Alms tax; Islamic jurisprudence

Question: Is Zakah necessary on child benefit payments ? I wanted to know who is considered the owner of the child benefit given by the government. Is it the child or the mother ?I believe that if it is the mother then Zakah will be compulsory..

Subjects: Alms tax; Children; Islamic jurisprudence; Payments

Question: Salam Dr. Kahf.Would you please clarify on thing for me regarding Shari’ah compliance ? I have an internal struggle and confusion.If an Islamic financial institute gives you a loan for a purchase of property but they borrowed the money from ....

Subjects: Financing; Islamic jurisprudence; Islamic law; Usury

Question: Salam Dr. Kahf.Would you please clarify one thing for me regarding Shari’ah compliance ? I have an internal struggle and confusion. If an Islamic financial institute gives you a loan for a purchased property but they borrows the money from ....

Question: Salam DoctorHope you are fine and praying for thatIt is to clarify an issue. There is a scheme in government of India and other public sectors called LTC paying a tour allowance to visit any part of India in every ....

Subjects: Pilgrimage

Question: Assalamu Alaikum Br MonzerRamadan Kareem !An Islamic Bank in Mauritius will be disposing of the interest earned on deposits with the government to charity. The intended beneficiaries will be Muslim organizations among others. What is your opinion on this issue ....

Subjects: Money; Organizations; Usury; Wages

Question: [Question One] :Dear Sir,I hope you will be doing well by the grace of Almighty Allah.I would like to inform you that I am working here in Pakistan with Internet Company as computer Engineer but my salary is 15000 PKR ....

By: al-Shahrani, Sad Bin Ali. Saleh Kamel Center for Islamic Economics Journal. Vol. 15, no. 44 (May. / Aug. 2011), pp.457-478, 22 p.

Subjects: Management; Water resources; Consumption; Islam; Water

Question: Assalaamo Alaykum,I hope my email finds you in best of health and happiness.Islamic Banking has played an important role bringing the Islamic Financial and Economic system's (IFES) discussion to forefront and as a result along with other factors, IFES is ....

Subjects: Banking services; Ruling in Islam

Question: Assalamu Alaikum Dr Monzer Kahf.Your email address was passed on to me in the hope that you may be able to help me to better understand an issue, which I'm totally confused and worried about. Earlier on this year I ....

Subjects: Insurance; Islamic jurisprudence; Vehicles

Question: How can I buy a house Islamic way so I do not have to borrow from bank and pay mortgage interest ? I have seen a condo for $ 250, 000. I have to pay down payment of 10 % which is $ 250, 000. Please, advise..

Subjects: Financial institutions; Islam; Purchasing; Real property

Question: AsSalamAlikum,I had a question regarding the payment of Zakah. My wife has money but I am in debt with student loans. We just got married. We have checked online but have found differing opinions on whether or not Zakah can ....

Subjects: Alms tax; Education; Islamic jurisprudence; Loans; Students

Question: Salam Alikum,From the little research that I have done, I understand that we can invest in mutual funds as long as the fund does not invest in companies that deal with Haram commodities. However, as a financial advisor at a ....

Subjects: Islamic jurisprudence; Mutual funds

Question: I lately find a job in a store that sells woman clothes. I wonder if I am permitted to work in such store regarding that clothes are western style that, of course, don't follow the Islamic rules. I'll appreciate your fast reply. Gazak Allah Khairan.

Subjects: Labour

Question: Asalamu Alaykum,Is Ijarah conversion product Halal ? Ijarah is providing the Shari’ah compliant mortgage conversion in Canada.How it works ?Ijarah is asking me to get the mortgage approve from conventional bank and send the document to Ijarah and they will ....

Subjects: ٌLeasing

Question: -.

Subjects: Alms tax; Islamic jurisprudence

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Subjects: Alms tax

Question: Do I have to pay Zakah on money that I have only had in my possession for 2 months ?I am a retired government servant and receive a pension. Besides this, the only other source of my income is rent ....

Subjects: Alms tax

Question: Salam Alaykum. I want to ask how a Muslim can give Zakah while he is living in a non-Muslim country. Is it acceptable if he gives it to non-Muslim person ?.

Subjects: Alms tax; Islamic jurisprudence

Question: As Salaam `Alaykum brothers in Islam : what is the ruling on salary bank account amount. Issue here is :1. Salary is mostly fixed per month but not the monthly expenses.2. This money is in continuous use for personal and ....

Subjects: Alms tax

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

Subjects: Alms tax; Islamic jurisprudence

Question: My 7 year-old boy "Daiyan" who received $ 16000 as a gift which has completed a year. This money is on his bank account. As a parent, do I have to pay Zakah on his money ?.

Subjects: Alms tax; Endowments; Islamic jurisprudence