Is interest permissible if below the inflation rate?

Q: Is interest permissible if below the inflation rate?   الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب   A: The permissibility of interest at or below the rate of inflation is not supported by Al-Qalam and the majority of scholars.  Please see the following link: http://www.1stethical.com/wp-content/uploads/2010/07/StudentLoans.pdf Rather, any loan that attracts a conditional increment is not permitted. This […]

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If one has to pay money to apply for a grant, would this be considered gambling?

Q: If one has to pay money to apply for a grant, would this be considered gambling?   الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: If the fee represents real costs for processing the application it is permissible to charge such fee.

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Is the income I earn as a Florist Assistant halal?

Q: I recently applied for a Florist Assistant role within a busy corporate florist and plant company in London. They distribute flowers in vases to offices, restaurants, bars and pubs etc. The clients would then put these vases, filled with flowers/plants on display in their businesses.  I don’t think I will personally be delivering them, […]

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Is it permissible to take a business loan which requires payment of an insurance premium?

Hawkesbay Investment Corporation Limited The business is in conformity with standards and in line with normal  corporate ethics. Based on the loans agreement   drafted by our client and we guarantee that our client will only enter into a legitimate  business transaction as proposed with the funds. Legal & General Insurance  company  hereby  guarantee the safety […]

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The charity I work for is funded by banks and Big Lottery Fund: will my wage be halal?

Q: I have some questions regarding employment. I work in the non profit sector so for charities and community organisations. My first question is when applying to these jobs sometimes they state the funding has been granted from such and such organisation. This organisations sometimes is the Big Lottery Fund and also banks such a […]

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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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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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