Is this gambling?

Question: Asalaamu alaikum. I asked an alima about whether or not it was gambling if co-workers got together and put money in a pot in a competition to lose weight. At the end of the competition, the person who lost the largest percentage of weight […]

Question on Interest

Assalaamu alaikum, I received an award of RBC Royal Bank’s Roytrin Units a couple years ago. I don’t know where the interest comes from so I consider it haram wealth until proven otherwise. I would like to close the account and give the money to […]

Annuity Fund

Asalaamu Alaikum, Supposing someone has an Annuity (personal pension  fund) only to realise after some years that it was Haraam and decided to cancel this fund. The person invested $3000.00. He received interest $2000.00 from Clico. For cancelling early the govt taxed him $750. Clico  […]