Q: What happens to the wealth of a revert if they leave no Muslim inheritors? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: A revert who leaves no Muslim inheritors may bequeath up to one third of his/her residual estate to non-Muslim relatives and friends etc. Under an Islamic system, the remaining two thirds […]
Read more...Category: Fatawa
Can I use an Auto-Order option for online trading?
Q: In trading, when looking at charts, you can leave a auto-order to buy for you when price reaches a certain level. If you are not there at this time, is the purchase permissible? Is your presence necessary for the contract? Sometimes, you might be asleep but want to purchase at a given price, so you […]
Read more...Is it permissible to work in IT at an investment bank?
Q: Will it be halal income/earning working at Investment banking ( Barclay’s Investment Bank) IT as Software Engineer? A: When working as an employee in a business where a major portion of the business does not conform to the dictates of Sharīʿah there are principally two issues that must be determined: 1. Is the job itself […]
Read more...Is it permissible to take a business loan which requires payment of an insurance premium?
Hawkesbay Investment Corporation Limited The business is in conformity with standards and in line with normal corporate ethics. Based on the loans agreement drafted by our client and we guarantee that our client will only enter into a legitimate business transaction as proposed with the funds. Legal & General Insurance company hereby guarantee the safety […]
Read more...Is the government contribution in the help to buy scheme permissible?
Q: Is it permissible to have a savings account for a help to buy scheme where, if u have about £12000 the government will give you £3000? الجواب حامدًا و مصليًا و منه الصدق و الصواب A: The contribution paid by the government in an Help to Buy: ISA is actually a gift and not […]
Read more...Is it permissible to purchase car insurance in instalments?
Q: Is it permissible to purchase car insurance in installments due to necessity when one cannot afford a one off payment. installments also have an added interest charge per month. For example: a one off payment will cost 1000 pounds and in 12 installments it’ll cost 1200 pounds. As insurance contains elements of interest could […]
Read more...Will I be sinful if I stop my financial support to a person?
Q: I have agreed, as goodwill, to support a widowed aunt on a monthly basis. What are my rights here? What if I wish to stop sending financial support to my aunt at some point (or skip sending money for a few months and resume after)? Will it be sinful if I don’t send money […]
Read more...The charity I work for is funded by banks and Big Lottery Fund: will my wage be halal?
Q: I have some questions regarding employment. I work in the non profit sector so for charities and community organisations. My first question is when applying to these jobs sometimes they state the funding has been granted from such and such organisation. This organisations sometimes is the Big Lottery Fund and also banks such a […]
Read more...Ruling on pre-agreed contribution towards bills?
Q: When living in a shared-family system, at some point, I agreed to contribute $350 monthly to a grocery fund which would be used to buy groceries (along money pooled by others). How long do I have to keep contributing $350 on a monthly basis? Can I reduce this amount if I feel I’m over-contributing? Similarly, […]
Read more...Is a car finance arrangement permissible? – Example
Q: I have been looking around for 0% interest car finance. One of the dealers is offering me a 0% deal where by the car I want is £10,495. I put in a deposit of £2500 and additionally anything the dealer offers for my old car, and then pay a monthly figure of around £164.92 (this […]
Read more...Does Islam encourage people to work even if the only work they can find is low paid manual employment?
Q: Does Islam encourage people to work even if the only work they can find is low paid manual employment? الجواب حامدًا و مصليًا و منه الصدق و الصواب A: It is clear that Islam encourages hard work, enterprise and self sufficiency.[1] Even when one is rightfully eligible to receive from the public treasury it […]
Read more...Income made from a property bought through a haram mortgage
Q: I am renting out a property which is currently on an unlawful mortgage. Is the income/profit made from this property therefore unlawful too? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: Whilst it is unlawful to take out an interest-based mortgage the mortgage funds themselves are not unlawful. It is the interest one pays […]
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