Can a loan be transferred to a 3rd party?

Q: I have taken a loan from  my sister and then I have lent the money to a 3rd party  on the condition that, they will repay back the loan to my sister directly. Am I still responsible for the loan? If yes then how do I include it in my Will? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: You remain responsible for […]

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Can someone work in restaurant where alcohol is served?

Q: One of my sister-inlaws family member has recently  started working in a  restaurant as a chef or waiter where alcohol is also served. Would his income halal and is my sister inlaw ok to go over and stay with them and eat with them?                                                   الجواب حامدا ومصليا ومنه الصدق والصواب A: It […]

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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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Would it be permissible to benefit from a tax relief whislt donating haram earnings to a charity?

Q: I have about £1000 worth of shares in a bank. I now understand its impermissible to hold such shares, so I was going to sell them and give the money to charity with no expectation of reward. However I’ve learnt from HMRC that if I  gift qualifying shares to a charity there is income tax […]

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What is the status of the wealth of a revert acquired through haram means?

Q: What is the status of such wealth of a revert which was accrued by him/her prior to accepting Islam and was done So through haraam means? E.g. such pension policies which invested in haraam unit trust companies etc. liquor, pork industry? Is there a difference between riba-warned wealth and haraam product earned wealth of […]

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Is it permissible to work in the Compliance department for a bank?

Q: I have received an offer for a paid internship at Barclays, in the compliance department. I will have a graduate level role, making sure that the bank stays within financial regulation set by the UK’s financial regulators. This will include verifying that financial products that the bank offers are in regulation. This is a general […]

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Can we buy a warranty at the same time of making a purchase?

Q: http://alqalam.org.uk/fatawa/is-it-permissible-to-take-out-a-service-contract-for-the-home-boiler/ It states warranties are not permissible.  What if the warranty is purchased at point of purchase eg Laptop £300 + £50 warrantly(parts & Labour).  Or Gas boiler £1000 +£100 7yr warranty parts n labour.  The following fatawa indicates if done at point of purchase. “In this case, the fee for the warranty will […]

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Working in a hotel that sells alcohol

Q: I have started working for a hotel company, at their HQ, in their marketing department. My concern is that most chains sell alcohol at their premises – is this a company I should avoid working for? The money made is minimal compared to the revenue generated from actual room bookings. Or should I dispose […]

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Can I work as a law practitioner?

Q: I am a law student and after my studies I want to practice law in UK want to practice civil law, land law and in necessity criminal law.what is the ruling on it? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: Permissibility of practicing law depends upon the permissibility of the activity performed by […]

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Is it permissible to purchase stocks using call and put options?

Q: Is it permissible to purchase stocks using call and put options? الجواب حامدًا و مصليًا و منه الصدق و الصواب A: Call and put options are essentially the sale of a right which one party gives to another in return for a fee. The option holder purchases the option to hedge against possible negative […]

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