Question: Is it permissible to engage in any sort of investing with the Unit Trust Corporation of Trinidad and Tobago? Answer: The UTC of T&T invests their monies in many different companies, some of which are Halaal and others are Haraam. While they may be […]
Question: I require a reference of any written fatwa against insurance and why is there any reliable Hadeeth in this order. Answer: In response to our inquiry about written fatawas regarding insurance, we produce the following: In a fatawa issued by Shaikh Abdullah Bin Baaz […]
Question: Can you sell an item that has a small percentage of Haraam? Answer: No, it is not permissible to sell such an item. Even though one sells it without seeking any profit from it, it is totally Haraam. (Nizaamul Fatawaa – Pg. 186) And […]
Question: I am a Muslim adult and a software engineer in profession. I am working for a hospital which is in the USA and which produces many Insurance Claims. If I am not part of those claims but somehow I may be populated with it, […]
Question: As salaamu alaikum, Respected Mufti Waseem I have a question with regards to health insurance. My husband has a policy from an insurance company for which his company pays half and the other half comes out of his salary every month, he also wants […]
Question: I want to know if networking marketing systems like Herbalife or Amway are permissible in Islam. Answer: Assalaamu Alaikum, One concern that I have regarding these marketing systems is that a person sometimes continue to receive a commission without doing any work to own […]
Question: Assalaamu Alaikum, I would like to know if someone is in serious need of a vehicle and the only means of acquiring this vehicle is through a loan from the bank if this could ever be compulsory. Well not compulsory but if they can […]
Q. I would like to know if the 5.00 bligh that b-mobile gives and then they take back 5.50 when you top up, if its halal because they claim to say that the 50 cents that they take extra with the 5.00 that they lent […]
Question: I am currently pursuing academic studies in the field of finance, this has led me to seeking information on Islamic Financing particularly Murabaha since I have seen its popularity throughout the world. My understanding of the financing method is based on one party eg. […]
Question: I am working for a company and part of my remuneration package includes a contributory savings plan that generates interest. Being aware of the Islamic principles surrounding Riba can you advice on how this should be handled. A number of Muslim brothers working for […]