Q: Is it permissible to lease out a property to a company who do traditional retail, buying and selling, but more recently introduced a number of personal finance products such as pawn broking, cash for gold, cash advance and personal loans? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: In principle, if the property is […]
Read more...Category: Buying and Selling Fatawa
Is it illegal to pay for services in cash?
Q: I had a question pertaining to taxes with reference to an earlier fatwa published on your website: https://alqalam.org.uk/fatawa/can-i-be-held-liable-for-the-tax-evasion-of-my-employers/ In Canada, the Canada Revenue Agency(CRA) warns about what is called the Underground Economy (UE) [http://www.cra-arc.gc.ca/undergroundeconomy/]. In light of thi 1) Is it permissible for Muslims to avail of services where the service provider(such as a […]
Read more...Is it permissible to declare false earnings?
Q: It is permissible to show false earnings to get the Islamic home finance? Also will the rental money earned from such property be halal? A: Declaring false earning is not permissible as it is prohibited to deceive others. The prophet (peace be upon him) said: “Whoever deceived us is not one of us”. [Muslim] […]
Read more...Can interest money be used for paying Council Tax and car insurance?
Q: Can interest money received be used for paying Council Tax and car insurance? Additionally should interest money be disposed with non Islamic charities? A: Interest money cannot be used to pay council tax or car insurance. It should instead be given to the poor or utilised in public welfare projects without any intention 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...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...Can we sell on the Amazon website using the Fulfilment by Amazon (FBA) arrangement service?
Q: I have a question regarding selling on Amazon. The way it works is you buy stock from a supplier of a particular good which are often abroad. You also have an Amazon warehouse (which you pay to use) where the goods are sent following purchase. When good gets bought by an online buyer off of […]
Read more...Car finance through Amanah prestige
Q: Can you please tell me if car finance offered through Amanah prestige is halal and shariah compliant? www.amanahprestige.com الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: The car finance offered through Amanah prestige is the conventional form of finance. There does not appear to be any attempt to describe it as Shariah […]
Read more...Bartering in Islam
Q: Can we create an online and mobile platform for the bartering of goods among consumers? Kind of like a classifieds site specifically for bartering items. Users are able to exchange items (and potentially services) they possess for items/services other individuals possess through the platform. We were told some months ago that there may be an issue […]
Read more...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 […]
Read more...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 […]
Read more...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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