Is it permissible to under-declare income for a means-tested grant?

Q: I would like to know, if a student applies for a means tested grant, is the money halal, if the parent is required to declare their income in the application and they fail to declare it truthfully.  Is the student blameworthy for applying despite not being able to persuade the parent to declare their […]

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Income made from a property bought through a haram mortgage

Q: I am renting out a property which is currently on an unlawful mortgage. Is the income/profit made from this property therefore unlawful too? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: Whilst it is unlawful to take out an interest-based mortgage the mortgage funds themselves are not unlawful. It is the interest one pays […]

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Is it permissible for an accountant to produce external reports for banks?

Q: I currently work for my own company specialising in providing Accountancy Services mainly to large Corporate businesses. I work 6-12 month contracts on projects or providing short term cover. My contracts are primarily in the Banking sector. My key responsibilities are to support the production of external reporting for the Bank so that it […]

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Is the US university pension scheme permissible?

Q: I would like to enquire whether it is permissible to join the USS pension scheme please? (https://www.uss.co.uk). It is offered by university employers. A: الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب The Universities Superannuation Pension Scheme is a Final Salary (defined benefit) pension scheme. The previous position of the Al-Qalam panel was that defined […]

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Is it permissible to purchase stocks using call and put options?

Q: Is it permissible to purchase stocks using call and put options? الجواب حامدًا و مصليًا و منه الصدق و الصواب A: Call and put options are essentially the sale of a right which one party gives to another in return for a fee. The option holder purchases the option to hedge against possible negative […]

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Does Islam encourage people to work even if the only work they can find is low paid manual employment?

Q: Does Islam encourage people to work even if the only work they can find is low paid manual employment? الجواب حامدًا و مصليًا و منه الصدق و الصواب A: It is clear that Islam encourages hard work, enterprise and self sufficiency.[1] Even when one is rightfully eligible to receive from the public treasury it […]

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How did the Al Qalam panel decide the limit given to National Zakat Foundation caseworkers?

Q: How did the Al-Qalam Shariah Panel decide the limit (10%) that is given to caseworkers, who are involved with administering Zakat according to the National Zakat Foundation? A:  الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب The limit of 10% is a not a shar’i limit. Rather, it is intended to ensure that zakat funds are […]

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