Is one sinful while studying with a Interest (ribā)-based student loan? And will one be will considered as consuming ribā?

Q: Is one sinful while studying with a Interest (ribā)-based student loan? And will one be will considered as consuming ribā?   الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: Under the current student loan agreement the student does not consume ribā. Rather, the student agrees with the Student Loan Company, that he will pay […]

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As a website owner, can I get commission from their profit?

Q: People use my site to auction their cars and I get a percentage cut from their profit. Is this permissible, given that I do not own their cars? And I get commission from their profit? A: Whilst you may charge a fee for the usage of your site the fee must be known.  You […]

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What is the Islamically correct way to contract a property developer to build a house for you?

Q: A buyer agrees with a property development company that they will pay the full price now for a house/flat now even though the property is still under construction. Once the house is complete, the buyer will then move into the property. During the period of construction, the property development company will pay rent for […]

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What’s the Islamic ruling on options to buy/sell something in the future?

Q: Are two parties allowed to simply agree to an ‘option’ for both parties in the future? For example, A agrees to an option with B that A may/may not buy something in the future. Likewise, B also agrees to an option to sell/not sell in future. Is this allowed?   الجواب حامدا ومصليا ومنه […]

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Is paying off a person’s debt permissible if that debt was taken out for something deemed impermissible in Sharī‘ah?

Q: Is paying off a person’s debt permissible if that debt was contracted for something deemed impermissible in Sharī‘ah?   الجواب حامدا ومصليا ومنه الصدق والصواب   A: In principle, if you gift or lend someone some money that person is free to utilise that money in whichever way he/she feels even if you have […]

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My father said that if he gives me money as a gift, I must buy a house. Is this a type of riba statement?

Q: My father said that if he gives me money as a gift, I must buy a house.  Is this a type of riba statement?    الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: If your father gives you some money and stipulates that you must purchase a house therewith, irrespective as to whether the […]

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Private pensions involve investment into the stock market, whereby, each person is required to select a level of risk they wish to undertake; low, medium, high. Is this risk halal?

Q: Private pensions involve investment into the stock market, whereby, each person is required to select a level of risk they wish to undertake; low, medium, high. Is this risk halal?   The pension advisors mention that you may not receive the amount you invest (as a minimum) if you take a greater risk in investments. الجواب […]

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Is it permissible for me to ask a colleague who is a student to use his student identification to get the discount, knowing that it’s for me?

Q: I want to buy some software for my computer for the overall benefit of the charitable organisation I work for, is it permissible to ask a colleague who is a student to use his student ID to get the discount, knowing that it is in fact for my work usage? Will my colleague be […]

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How can I make up for being dishonest with insurance companies?

Q: I have been dishonest when it comes to car insurance for e.g. by claiming on someone else’s, falsifying mileage and driving without insurance. How can I rectify these mistakes? I used my dad’s break down cover on my car which covers, the cover holder on multiple cars, with my dad’s permission, to get my […]

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What are the Islamic rules regarding ownership of Gifts for Inheritance Tax purposes?

Q: In the UK, it is possible through a UK inheritance tax law, known as the 7 year rule for a mother to transfer ownership of a home to her son.   The idea is that when the transfer is made, the individual who gifts the property has to live for 7 years for there to […]

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Permissibility of Sealed and Unsealed Bids When Selling Properties

Q: If two or more parties have offered the asking price of a property. The standard process is for the estate agent to enter all interested parties into sealed or un-sealed bids in order to achieve the best possible price for the propery.  Usually this results in offers being made  above the asking price. Sealed […]

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