My question is about investing money in Stocks and Shares. Some brothers use a sophisticated computer software to analyze the movements in the Stock Exchange. Based on this, they then buy or sell stocks and shares in order to make profit on their investment. My question is whether this is considered Halal or Haram and if there is any evidence.. More
To what extent can Muslims engage in business with non-Muslims? Is it possible to engage in business with the non-believers when it involves the Masjid donations, or non-Muslims advertising in Islamic literature?.. More
A sister in Islam, phoned me. I do not know her personally. Her question is this: Three days ago her husband died of serious health problems, liver disease and drug addictions. She has a two-year old daughter from him, and his work was selling hash and other drugs. All the money he has left for her and the child is Haram money. What is she to.. More
I had been a government servant in my country and at that time there was an allotment of housing facilities for a certain class of employee and I satisfied all the requirements. However, the condition for getting the apartment was that:
1) If I pay one installment the price of the apartment would be 160,0000. If I pay installments over 10 years.. More
Two people are partners in business and one partner decides to pull out of the business even at the loss of his investment and the other partners makes a promise that, Insha Allah one day he'll return the other's investment to him (the person concerned verified he was not looking for his money back; he just wants to cancel the partnership). Is such.. More
Five years ago I worked in the United States of America (USA) and one day my ex-employer decided to lay me off (fire me). I thought it's completely unfair to fire me with no notice and without clear reason. I felt so hopeless and frustrated. So I managed to transfer $5,000 from the company’s account to my account under the feeling that this.. More
I am in debt for about 4000 lbs and I always feel very bad and guilty about it. I tried in many ways to get a loan or help free of Riba from our brothers, but they all said, "Sorry!" So I am working hard to repay this loan as soon as possible. Also, I do not want to stay in Dhar al-Kufr (land of disbelief) for long. What do you advice me to do?.. More
We have a provident fund scheme at our office in which our contributions and employer’s contribution are collected. Is this investment fund and profit Halal if the investment of fund is made in defense saving certificates of govt. of Pakistan and in Faisal Islamic bank?.. More
I've been working in a shop for 3 years, so I had a lot of contacts with some Arabs and some customers from the Middle East, and because I am the only one who speaks Arabic in the pharmacy they come to me for some help or if they want to buy something. The owner sold the pharmacy and the new owner asked me to stay with her. I am the manager now and.. More
I want to know whether it is permissible for the owner of the land to rent his agricultural land to another person for cultivation and in turn the owner gets a fixed amount of produce and money on annual basis as per the contract from that person... More
Is it completely Haram to work in the banks? I investigated this a lot of times but somehow I find it difficult as I feel more or less all the salaries of different companies may be coming from the interest as they must have invested money so why is it said that it is Haram to work in banks even though the person is not taking interest he is getting.. More
I live in the U.S. for a long time. The last two years I worked as a mortgage broker where I help people refinance their homes and consolidate their debts and lower their monthly payments. I also get them approved for home purchases. The way I get paid is by charging my customer a fee for the service I provide and sometimes I get a percentage from the.. More
Is it permissible for a Muslim, who is Lecturer/Professor of economics, to teach interest related theories/topics etc. (which are part of the Syllabus) to the students?.. More
Since I live in Japan and where one can hardly find those kind places I was hoping that you could give me some leads for the lawful fields where I can invest my money and get profit without indulging in Haram, could you?.. More