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 is the Islamic stance on joint tenancy ownership of a property

Q: Are the joint tenancy laws of England (whereby one tenant inherits the other’s share directly on death) valid in Islamic law? What happens if I share a property with my mother- on her passing does her share come to me automatically or do my siblings then gain a share islamically?   الجواب حامدا ومصليا ومسلما […]

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If I invest in a partnership with other parties, do I need to verify whether their source of finance is Halal?

Q: If I invest in a partnership with other parties, do I need to verify whether their source of finance is Halal?   الجواب حامدا ومصليا ومنه الصدق والصواب A: If you have reason to believe that their source of funding does not conform to Sharī‘ah then you must actively ascertain as to whether that is indeed true.  If […]

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How can I finance a new business without getting a loan?

Q: How can I finance a new business without getting a loan? My aim is to open a business but for the capital I would need to go to the bank, which they have agreed to lend. But on the other hand I feel this is forbidden as it involves interest. This is my only […]

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What is the Islamic position if legally the son owns the land but the mother has retained control?

Q: What is the Islamic position if legally the son owns the land but the mother has retained control? An elderly woman owns some land in Pakistan through which she receives rent on a regular basis. She is unaware of the Islamic laws of inheritance. She wants to leave the land to her son and […]

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