Q: Is it permissible to sell and provide halal products to night clubs and bars. I would only be entering their premises during the day time when they will not be engaged in active business. The halal products that I would be supplying is an energy-shisha vapour product and dispensed from a vending machine located […]
Read more...Category: Earning Halal Fatawa
Is it permissible to invest in a Sharesave scheme of a bank?
Q: Can you tell if the following two forms of investments are permissible from a sharia perspective. Intention is to use the schemes as tax efficient vehicles only with a view of separating any impermissible profit and donating it to charity at the end of the scheme. 1. Sharesave – Sharesave scheme of a bank […]
Read more...Is income earned from a job as a wedding photographer halal?
Q: One of my friends is a wedding photographer. Is the job permissible? He doesn’t print the photos off and hands it to the customer as a CD, but the same time he takes photos in a mixed gender environment. Will the money he earns be halal? Or will he just incur a sin whilst […]
Read more...What is the Islamic position on CFD Trading?
Q: What is the Islamic position on CFD Trading? I know Spread Betting is not allowed and is fundamentally different to CFD Trading as the former is a synthetic market that can be manipulated by the market makers. Additionally, with regards to ‘owning the stock’, an individual does not own the stock if bought via […]
Read more...Is it permissible to under-declare income for a means-tested grant?
Q: I would like to know, if a student applies for a means tested grant, is the money halal, if the parent is required to declare their income in the application and they fail to declare it truthfully. Is the student blameworthy for applying despite not being able to persuade the parent to declare their […]
Read more...Is income generated from selling musical instruments haram?
Q: I have a question re income generated from selling musical instruments. In my ‘pre-practising’ days I had purchased musical equipment such as keyboards and subwoofers. The money used to purchase these back then was Halal. If I did now sell these, is the money I make still deemed as Halal? And if for some […]
Read more...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 […]
Read more...Is the final salary/defined benefit scheme permissible?
Q: I am a teacher in a secondary and one thing that is offered to all teachers is the Teacher Pension scheme. such a scheme or any pension scheme deemed as halal, would it be better to opt-out of such schemes? It is the teacher pension scheme offered by the government. Each month an amount […]
Read more...Is it acceptable to take a shari’ah compliant loan arranged by the Financing Sharia Enterprise?
Q: The government backed Start Up Loans Company is offering a shariah compliant loan to customers wanting a halal alternative. The shariah compliant loan is being arranged by the Financing Sharia Enterprise and from their website it appears they are using the Mudaraba system. Is this acceptable according to shari’ah? الجواب حامدا ومصليا ومسلما ومنه […]
Read more...Does Zakah need to be paid on maternity pay that may need returning?
Q: Does Zakah need to be paid on maternity pay that may need returning if one can’t go back to work and hence has been kept aside? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: Once maternity pay is received the recipient becomes owner of the same. As it is not a loan it will […]
Read more...What are the Islamic rules regarding ownership of Gifts for Inheritance Tax purposes?
Q: In the UK, it is possible through a UK inheritance tax law, known as the 7 year rule for a mother to transfer ownership of a home to her son. The idea is that when the transfer is made, the individual who gifts the property has to live for 7 years for there to […]
Read more...Is it permissible to buy and sell precious metals and commodities on the market?
Q: I am interested in trading precious metals and commodities on the market and wanted to know if this is halal. Looking at the market they seem to sell silver based on GBP. Am I allowed to buy and sell these items in the same way shares are bought and sold, in order to gain […]
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