Q: Assalaamualikum Mufti saab, Who are the people deserving for the interest money which we get in our account, and I know that this money should be given without any niyah (intention). Detailed description would be helpful for me. A: Wa Alaikum As Salaam, Those […]
Question: Asalamualaikum Warehmatullahi Wabarakatuhu, We here as interns receive various physicians samples from various companies.we do not ask them to do so ,they do it as part of their job,while we quietly accept the samples. when we sell these medicines ,we get 60percent or so of the […]
Question: Assalamu Alaikum, Is investment in stock permissible? Such as Day Trading? Answer:Â Assalamu Alaikum, Generally, investment in stock is permissible once the products of a company and stocks are halal it fulfills the requirements of halal buying and selling. The investment must also be free […]
Question: If you are a Muslim business man is it allow to sell Diya or other things that propagate another religion and to sell the product that ladies use to put on there face beauty products cosmetic. Answer:Â Assalamu Alaikum, If a product is used […]
Question: Is it permissible for Zaid by way of Murabahah to buy a car for $10,000.00 and sell it to Bakr for $15,000.00 on credit, when Bakr could not have brought it for cash $10,000.00. Is this Riba? Answer:Yes, it is permissible for Zaid […]
Asalaam-u-alaikum, I need some clarification on Interest (money). I usually buy from a muslim retailer who sells furniture,appliances etc. He has a cash price on each item. Sometimes i wouldn’tt have the cash to take the item at once so i decide to take it […]
Question: Assalamu alaikum, The money I work for goes directly to the bank and the bank usually put in interest in my account every quarter year. It’s usually a couple cents or dollars. What can I do with the interest? They have a non interest […]
Question: Assalamualaikum. I have 2 questions- 1) I am planning to sell clothes and bags,some of which are original designs,but some are exact replicas of international brands like Michael Kors,Ted Baker and so on.Since copying any branded item is forbidden by the law of all […]
Dear Sheikh, I have gotten conflicting views about employment in the bank industry. It is said that the income is a mixed income and not strictly Riba based because the bank does a substantial amount of investing, shares etc which results in millions of dollars […]
Question: Assalamu Alaikum, Will it be permissible for one to work in the Motor Vehicle Claims Department on an Insurance company? Answer: As Salaamu Alaikum, The motor vehicle claims department is a department of the insurance company itself. Therefore one who works in this department […]
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