Transaction: Questions & Answers

A home for you in your search for guidance. We are here to serve you and the broader community on matters relating to every facet of Islamic life.

Mufti Abdurragmaan KhanTransaction

Ruling On Retail Forex

السلام عليكم ورحمة الله وبركاته   In presenting the ruling on retail forex, a few …

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Mufti Taha KaraanTransaction

Zakah on an Access Bond

السلام عليكم ورحمة الله وبركاته   1. There is no zakāh on the amount available …

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Mufti Abdurragmaan KhanTransaction

Selling Property to a Church

السلام عليكم ورحمة الله وبركاته   1. There is a consensus that it is not …

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Mufti Abdurragmaan KhanTransaction

Investing in Nasdaq100 and S&P500

السلام عليكم ورحمة الله وبركاته   1. We are unable to directly assess the nature …

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Mufti Abdurragmaan KhanTransaction

How to deal with Education and Car loans

السلام عليكم ورحمة الله وبركاته   My advice regarding your debt is as follows:   …

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Mufti Taha KaraanTransaction

Ruling on Medical Aid

السلام عليكم ورحمة الله وبركاته 1. Medical aid is an insurance product. 2. Insurance, however, …

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Mufti Taha KaraanTransaction

Using interest for traffic fines

السلام عليكم ورحمة الله وبركاته The opinion that permits the payment of traffic fine with …

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Mln Siraaj GirieTransaction

Inter-masajid soccer tournament with prizes

With reference to your query, please be informed as follows: Competitions, in principle: The concept …

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Mufti Taha KaraanTransaction

Disposal of ribā

Interest that accrues on money unequivocally falls within the category of ḥarām funds. The general …

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Mufti Taha KaraanTransaction

eBucks

With reference to your query, please be informed as follows: Loyalty programs and customer incentives …

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