Assalamu Alaikum. Recently Qatar Islamic Bank has introduced new credit card which they believe that is Shariah Compliance. I want to get clarification from your good self whether it really does compliance with Islamic Shariah. This card allows you to do cash withdraw upto 20000/- without any interest charged on it, accept 3% commission on the very.. More
Assalamu Alaikum Wa Rahmathulla hi Wa Barakathu Dear Learned Scholar Brother, one of my close friend seeks an opinion as to the income earned by him whether it is from halal sources or not. The Co. he is employed is engaged the sale of machines and spare parts. Due to trade norms, the Co. is compelled to grant extended credit period to customers, while.. More
asslamu alikkum I have a doubt to clear my grand father had deid, 10 yeras before he dont have any males only three females for him including my mother his father and mother, wife and 2 brothers and three sisters died before he. one of his brother have 8 siblings 4 males and 4 females now liviing another brother have 3 siblings 1 female ad one male.. More
assalamualikum, . there is bank named MEEZAN BANK in Pakistan. this bank is said to be an islamic bank. the give the islamic leasing facility to the cutomers. in it they purchase the car and then rent it to the customer on a particular amount( ownership belongs to the bank till the specified time period) they also take 15 to 20% security of the total.. More
Assalamu Alaikum. I useto buy pirayed CD's as they are common practice and are widely accepted. Since Recently, i came to the realization that these CD's may be Haram and may even fall under the category of "Stolen". So, now i dont buy pirated cd's and am opposed to piracy. Nevertheless , i have a whole cupboard full of Cd's now which may be "Stolen".. More
I am doing work at home programme. A US company which employess me will be paying my salary with cheque to a bank which does not support my country. So i could not get my payments. So, I want to open a saving account in Singapore which can accept the cheques and then transfer to my local bank. I could not find any fully Islamic operating bank in Singapore... More
Assalam-u-Alaikum, If a person "A" has some haram money e.g. if he wins a lottery or get some interest, and he give some money as a gift to some other person "B", is it allowed for person "B" to accept this money and use it? Is it halal for him? Secondly, if "B" does not know that this is haram and later he come to know, then what he should do? Regards.. More
One of my students asked me: What will the ruling of shari’ah upon the issue of money borrowed for buiding a new community centre for our community in Canada with the following conditions: 1) The money has been collected from the worshippers before and after Friday prayers for a long time of period and designated as funds for the Masjid. 2) The.. More
Asalamualaikum my friend is in debt of riba but he has made tawba. He was at my house and he spent 114 dollars on something that would help him, but that he did not really need. I helped him buy this thing. I what he did halal? or does he have to save EVERY cent of his money for his debt? Also he bought me something for 40 $ as a gift. I tried to pay.. More
ASSALAMAQLAYKUM. in our country there is no islamic bankng systm. there are banks/fin insts. that give loans for purchase of assets, they call it asset financing. they tell us that they can buy assets for bussiness purposes(the asset to generate income) whereby we have to pay a down paymnt of say 10% n (the fin insts.) then charge us a hire purchase.. More
(1) A year ago, at the time of signing contract for a credit card, I was totally ignorant of the fact that I was entering a forbidden contract. However it suddenly occurred to me 2 of weeks ago that may be I was doing something wrong & I checked out your many fatwas & learned that I indeed was & am committing a sin. After looking at my balance.. More
Assalamo alay kum Mufti i am living in a westeren country where the govt offered a plane for the future kids education.the parants can pay certain amount of money per month up to eighteen years and the govt also can contribute up to 20%( roughly) i have a new born baby and i was thinking to buy such RESP(Registered Education Saving Plane) so guide.. More
Assalamu ‘alaykom, I have a critical question that will decide the direction of my studies and also my brother’s career choice. I will present my situation then my brother’s. My situation: I’m intending to pursue my studies in financial engineering in order to have a career in finance. A financial engineering diploma from the university I’m.. More
Assalaumualaikum, in our country we have something called national bonds, i wish to invest in that, but am little worried about interest(i dont want to take interst and start war against allah), they also have monthly draw prizes, how these draw prizes can be halal. i asked the question with nbc.ae and they give me this answer: NBC is a Shari’a.. More
SalamuAlaykum, I have read all your fatwa's regarding mortgages but did not find an answer to a question that I have in mind. I am basically buying a land and building a house on it through a construction company. I am not going to borrow money from the bank and pay the construction company, instead, the bank is going to pay the company the cost of.. More