Can someone stuck in a ribā-based loan give voluntary charity, or do they need to pay off the ribā-based loan first?

 Q: Can someone stuck in a riba-based loan give voluntary charity, or do they need to pay off the riba-based loan first, given that is a duty, and thereafter resume with giving voluntary charitable donations? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب   A: One who has taken a haram loan or a conventional mortgage should […]

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Can I work for the London Stock Exchange (LSE)?

Q: Is earning any money from the London Stock Exchange halal i.e they are not a bank where majority of the income is from riba but an exchange and make most of their money on fixed commissions on trades and other data services. Does it matter if I am a cleaner or in the IT department? My […]

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Is my income haram if a percentage of my income is from haram means?

Q: I work for a software distribution company, where the revenue is generated by selling the software to different types of companies like Oil & Gas, Media, Banks, Hospitals, Airlines, etc. We are not sure how their revenue is generated. I understand that banks run on the concept of riba and it is haram to […]

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Do I have to pay tax on tips received during employment?

Q: Does my husband have to pay tax separately for small tips received during his employment? (For example, an average of £5 cash in hand per day). If it is obligatory to pay tax on this and he refuses to do so what is my extent of my obligation towards getting him to do this? […]

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Is it permissible to take an offset mortgage?

Q: Many conventional banks have products called ‘Offset’ Mortgages. These are mortgages whereby:  If i have a mortgage of 50K and savings of 50K the savings offsets the interest on the remaining mortgage value. So in the above case 50K mortgage, 50K savings means zero interest.  Hence, is it permitted to take a conventional mortgage whereby […]

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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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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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Can rules of Ribā/usury relate to exchanging modern day goods such as mobile phones?

Q: Does ribā only relate to money and food items, or can modern day goods come under this too? Eg swapping a contemporary item -such as a mobile phone of a lower value for one of a higher value?     الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: Ribā in trade relates to the sale […]

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Would insurance be permissible for martial arts’ students to take out health and safety purposes – as this is the requirement of the law of the land?

Q: Would it be Islamically permissible for martial arts’ students to take out insurance cover for health and safety purposes – as this is the requirement of the law of the land? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: Conventional insurance contravenes the Sharī‘ah prohibition on ribā, gharar, and maysir.  Therefore, one should only […]

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