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.
Ruling On Retail Forex
السلام عليكم ورحمة الله وبركاته In presenting the ruling on retail forex, a few …
Zakah on an Access Bond
السلام عليكم ورحمة الله وبركاته 1. There is no zakāh on the amount available …
Selling Property to a Church
السلام عليكم ورحمة الله وبركاته 1. There is a consensus that it is not …
Investing in Nasdaq100 and S&P500
السلام عليكم ورحمة الله وبركاته 1. We are unable to directly assess the nature …
How to deal with Education and Car loans
السلام عليكم ورحمة الله وبركاته My advice regarding your debt is as follows: …
Ruling on Medical Aid
السلام عليكم ورحمة الله وبركاته 1. Medical aid is an insurance product. 2. Insurance, however, …
Using interest for traffic fines
السلام عليكم ورحمة الله وبركاته The opinion that permits the payment of traffic fine with …
Inter-masajid soccer tournament with prizes
With reference to your query, please be informed as follows: Competitions, in principle: The concept …
Disposal of ribā
Interest that accrues on money unequivocally falls within the category of ḥarām funds. The general …
eBucks
With reference to your query, please be informed as follows: Loyalty programs and customer incentives …