I want to buy a car for 40,000 pounds. I will pay 20,000 in advance and the rest, based on the company's conditions, will be deposited in the bank and the remaining installments will be paid from the revenues. Is this transaction considered Riba? Thank you... More
I have a sum of money which I would like to invest. Is it permissible for me to trade with this money so that whenever a commodity is demanded from me I buy it and then sell it either in cash or installments after adding my profit?
May Allaah Reward you. .. More
Is it permissible to specify a certain piece of land as an endowment so that it can not be taken by the heirs in the future?
Please advise. May Allaah Reward you... More
I am a treasurer in a company. Is it permissible for me to benefit from the money in my trust along with protecting it without my employer's permission?
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What is the ruling on the following form of Muraabahah: I require the bank to buy a car for me, and it asks me to bring a statement indicating the cash price of the car from an agency. After agreement over the premiums, the duration, and the rate of interest, the bank gives me a check in the name of the agency, along with an order to transfer the car.. More
A newspaper launched a competition whereby the slogan of the newspaper is to be cut and sent at the end of every week (seven coupons) without answering any questions, only sending the slogan of the newspaper. This would last for nine months. There will be a drawing of lots every week and the winner will win 100 Dinars. What is the Sharee‘ah ruling.. More
I work in an oil company. The company released an optional offer in a leaflet, indicating that a day will be deducted from the salary every month in order to be deposited at the bank until the age of retirement. Then, the money will be completely issued along with the interest. If the person wishes to take the deposited money after five years, the money.. More
A man, in his will, stated a bequest of one third of his estate to build a mosque. Those who deliver Khutbah (sermons) in our country may belong to some schools of thought or destructive parties. Is it permissible to spend the specified third in other channels of good deeds?.. More
Assalamu alaikum Here in india banks deduce a amount from our account yearly as a atm card fee. I want to know the ruling of using the interest money they give, for paying this fee? Pls direct me to know what can all be done with interest money in detail
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I want to buy a car through an Islamic bank, but I heard about the difference in opinions among the scholars in this respect. Some consider it prohibited, others consider it lawful, and so on.
When I was visiting the Holy Mosque in Makkah, a Shaykh was giving a lecture and he said that this transaction is unanimously considered impermissible by Shaykhs.. More
I found some money in a certain place. I announced to the people there that I had a fallen trust in order to tell its owner if he showed up. I kept it for more than a month but no one asked about it. What should I do? Should I put the whole sum in the Masjid or keep a part for myself, as some people advised me? If this is true, what is the percentage.. More
As-Salaamu ‘Alaykum,
My husband owns properties and has issued a power of attorney to his brother, authorizing him to sell and buy without leaving any documents with me that establish our children’s rights. When I discuss this matter with him, he says that his family will give me my rights (when he passes away), but I do not trust this. Is this.. More