Q: I am a sister and my father has passed away. He left a Will which is not according to Shariah. I have 2 step-mums, 3 blood brothers and 3 half brothers. My dad divided his assets into 8 shares. 1/8 to the step mum who lived with my dad (she has no children). Nothing […]
Read more...Q&A Fatawa
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 […]
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...Do I have to pay zakah on money that I have only had in my possession for 2 months?
Q: Do I have to pay zakāh on money that I have only had in my possession for 2 months? I am a retired government servant and receive a pension. Besides this, the only other source of my income is rent I receive from a house. I live in another house which I own. I […]
Read more...Can Gift Aid Small be used for construction or running costs for a Masjid/Madrasah?
Q: Is it possible to claim using the Gift Aid Small Donation and use these funds for contruction or running costs for a Masjid/Madrasah project – especially as it’s not clear whether this is donors income tax or general public funds? Gift Aid Small Donations Scheme allows charities to claim gift aid on anonymous (e.g. bucket) […]
Read more...Please can you advise on the Shariah permissibility of guarantees and extended warranties.
Q: Please can you advise on the Shariah permissibility of guarantees and extended warranties. By guarantees I mean when the manufacturer gives a guarantee for a product without any monetary compensation and extended warranty where essentially a guarantee for the product is purchased. الجواب حامدًا و مصليًا و منه الصدق و الصواب A: Guarantee The […]
Read more...Are Muslims allowed to take interest money from the bank and use it to pay their own taxes or insurance premiums?
Q:Are Muslims allowed to take interest money from the bank and use it to pay their own taxes or insurance premiums? الجواب حامدًا و مصليًا و منه الصدق و الصواب A: When needed, one should seek to open an account with an Islamic bank or the Islamic window of a conventional bank or a non-interest […]
Read more...When does Qard e Hasana need to be repaid?
Q: When does Qard e Hasana need to be repaid? Will reaching a nisab level greater than the qard e hasana amount make it obligatory to return the money? What about a situation, where it is agreed between the two parties that if the recipient decides not to return the money to the donor, he […]
Read more...Is it permissible to stipulate beneficiaries for death service benefits?
Q: My employer has a death in service benefit where they may choose to make a lump sum payment to the employee’s relative(s) in the event of their death. It is possible for employees to state a preference as to who should receive this payment in the event of their death, though the employer is […]
Read more...What should a charity do with interest (riba), and income generated from interest, that it receives?
Q: What should a charity do with interest (riba), and income generated from interest, that it receives? Our charity receives Haram Interest from individuals & business. Whilst that is sitting in the charity’s Islamic bank accounts what is the status of the (halal) return generated? Does it have the same restrictions as the Interest capital? […]
Read more...Is the responsibility of Zakāt a strictly individual responsibility or can it be joint say in the case of husbands and wives?
Q: Is the responsibility of Zakāt a strictly individual responsibility or can it be joint say in the case of husbands and wives? Most spouses would have joint finances and liabilities or would treat theirs as such. الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: Zakāt is strictly a personal obligation. Even in jointly […]
Read more...Is it permissible to use Zakat to fund qard hasan, microfinance initiatives or invest into waqf projects?
Q: Is it permissible to use Zakat to fund qard hasan, microfinance initiatives or invest into waqf projects? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: It is not permissible to use zakat to fund qard hasan, microfinance initiatives or invest into waqf projects as none of these avenues satisfy the requirement of proprietary transfer […]
Read more...