INCOME FUND WITH FCB

QUESTION: As Salaamu Alaikum, I was wondering, if you all are familiar with First Citizens, they have an investment account called the Abercrombie account. Is it permissible to join that account? ANSWER: Wa Alaikum As Salaam, The Abercrombie Fixed Income Fund is an investment fund […]

Dhikr No.26

Thauban (May Allah be pleased with him) reported: When the Messenger of Allah (ﷺ) finished his prayer, he begged forgiveness from Allah three times and said:  اللَّهُمَّ أَنْتَ السَّلاَمُ وَمِنْكَ السَّلاَمُ تَبَارَكْتَ يَا ذَا الْجِلَالِ وَالْإِكْرَامِ Allahumma antas-salaam, wa minkas-salaam, tabarakta yaa dhal-Jalaali wal-‘Ikraam. O […]

Dua No.26

On seeing someone wearing a new garment تُبْلِى وَيُخْلِفُ اللَّهُ تَعَالَى  Tubli wa yukhliful-laahu ta`aala. May Allah replace it when it is worn out. (Abu Dawood, Book of clothing)

HEALTH INSURANCE IN ISLAM

QUESTION: As Salaamu Alaikum, Based on Dar ul Ifta Deoband fatwa, one can take interest money from government banks to pay income tax to the same government. In light of that fatwa: 1. I am planning to buy SBI medical insurance (Indian govt. company). I […]