Islamic Car Finance from “InterestFree4Cars”

Q: Can we buy cars from “Interest Free 4 Cars” company? http://www.interestfree4cars.com/islamic-car-finance-at-interestfree4cars/      الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب   A: I have spoken with the company concerned today.  I have been informed that the cars are owned by the company and they arrange finance with a conventional finance provider for a period of five […]

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Is the ACN scheme Halal?

Q: Is the ACN scheme Halal?  الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب   A: The Al-Qalam panel has received numerous queries related to the ACN scheme. We are currently not able to give a ruling on its permissibility as we do not know how the financial flow of money, works for agents both from selling […]

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Can we buy a warranty at the same time of making a purchase?

Q: http://alqalam.org.uk/fatawa/is-it-permissible-to-take-out-a-service-contract-for-the-home-boiler/ It states warranties are not permissible.  What if the warranty is purchased at point of purchase eg Laptop £300 + £50 warrantly(parts & Labour).  Or Gas boiler £1000 +£100 7yr warranty parts n labour.  The following fatawa indicates if done at point of purchase. “In this case, the fee for the warranty will […]

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Is purchasing a prescription prepayment certificate [PPC] acceptable?

Q: I would like to know if the following is permissible: http://www.nhs.uk/NHSEngland/Healthcosts/Pages/PPC.aspx If you need more than 12 prescribed medicines each year, you could save money with a 12-month PPC. You can also buy a three-month PPC, which will save you money if you need more than three prescribed medicines in three months. The charge […]

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Is it permissible to sell halal products to night clubs and bars?

Q: Is it permissible to sell and provide halal products to night clubs and bars. I would only be entering their premises during the day time when they will not be engaged in active business. The halal products that I would be supplying is an energy-shisha vapour product and dispensed from a vending machine located […]

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Is income generated from selling musical instruments haram?

Q: I have a question re income generated from selling musical instruments. In my ‘pre-practising’ days I had purchased musical equipment such as keyboards and subwoofers. The money used to purchase these back then was Halal. If I did now sell these, is the money I make still deemed as Halal? And if for some […]

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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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What types of contracts may relate to a minor and what basic rulings apply?

Q: What types of contracts may relate to a minor and what basic rulings apply?   الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: There are three basic types of contracts that may relate to a minor: 1. Contracts that are only beneficial for a minor. E.g., acceptance of gifts, charity or wills. Such contracts do not […]

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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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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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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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