Q: 1 Can you please confirm that zakat is payable on rental income as well as the share of property that is owned. For example, if the annual rental income is £15,000 and the annual mortgage payment is £12,000, is zakat due on the difference (£3000 in this example) if the person hasn’t spent any money from rental […]
Read more...Author: alqalam
Is it permissible to take out a business loan or commercial loan?
Q: If looking to buy and take over a business, is it permissible to take out a business loan or commercial loan? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: It is not permissible to take out a conventional business loan when looking to buy and take over a business. A an interest bearing loan is […]
Read more...Zakat on a fixed deposit account
Q: I have around 8000 pounds in a fixed deposit in an Islamic bank. My money is taken for 2 years and invested in halal things and then at the end of the two years my money is returned to me with profit InshaAllah also added to it. However I cannot access or withdraw any of […]
Read more...Can we write fictional stories?
Q: Is it permissible to write fictional stories that touch upon Islam and the sciences to encourage the youth of the ummah and others to get to know one another and also to encourage them to take up roles in the physical sciences, whilst clearly mentioning that the novel is fiction with benefits to encourage […]
Read more...Can my non Muslim relatives inherit from me?
Q: I am a convert to Islam, a single mother and have three children.My question is regarding what happens with my mother and brother who are not Muslim in regards to my will. Would they inherit from me?Also, my oldest daughter has rejected Islam but I pray she will return in sha Allah. Would she still […]
Read more...Presales and Assignment in Islam
Q: I would like to know what can make a pre sale purchase and assignment before ownership halal? In general, the model is some brother pay down payment on a property that is under construction and agree on a purchase price at completion over a year or more, and then by the time its ready before […]
Read more...Stipulating a condition in a bequest
Q: Can any condition be stipulated on inheritance from Wassiyah i.e. if a portion of a Home is given to a sister, can it be stated or requested that the sister then leaves the house (portion) to charity on her passing away, without it having any benefit to her potential inheritors? الجدواب حامدا ومصليا ومسلما […]
Read more...Working as a pensions administrator
Q: Is working as a pensions administrator allowed in Islam? الجواب حامدا ومصليا ومنه الصدق والصواب A: The permissibility of working as a Pensions Administrator depends upon the nature of the work involved. However, it is very highly likely that a significant part of the role if not most of the role will involve processing […]
Read more...Can I work for a company that does background verification of people?
Q: I Am working with a US based 3rd party verification company.My job profile is do a background verification for an applicant who has applied for a job in a company in the US. For example, if a job seeker wants to apply for a job in any company in the US, that company will send […]
Read more...Do children inherit from their estranged parents?
Q: If the natural father no longer lives with or has access to his children, is inheritance still due to his children? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: If the natural farther no longer lives with or has access to his children, inheritance is still due to his children. Entitlement to inheritance […]
Read more...Can children inherit from a step parent?
If Children are from two separate marriages do they inherit equally from the parent (i.e. does the marriage not affect their shares)? a. On this point if one has step children living with them i.e. Children of a partner from a different marriage (Children from partners first marriage) i. (1) do they inherit from the step parent? ii. […]
Read more...Is the NewShare scheme shariah compliant?
Q: My local council offers this scheme, called Newham NewShare . From the website it states: “An equity loan from us will make up the difference. The type of property you want to buy will decide what percentage of the cost you will have to fund from a mortgage and deposit. Equity loan fee When […]
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