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 […]
Read more...Q&A Fatawa
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 […]
Read more...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 […]
Read more...Can we impose a condition in a gift?
Q: A mother has 3 children. Among her children one was financially well off, another was getting onto the ladder of success while one was struggling to cope. She fell quite ill and gave a gift to the 3rd saying that at the moment others do not need my assistance, BUT if one needs assistance this […]
Read more...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 […]
Read more...Is Zakat liable on invoices not issued yet?
Q: We have annual contracts signed in advance with our customers to provide service support for the year. Invoice is sent out each month. Is zakat liable on the months in advance, even though invoices have not been sent and service not provided yet? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: There is […]
Read more...Can we use invoice factoring?
Q: I have a pharmacy and for all medical items we dispense, I claim a reimbursement from the NHS. They will pay me 2 months in arrears, so as an example, March payment will be paid on the 3rd of May. There is a finance company that can pay March’s payment at the end of March. […]
Read more...Can I accept to inherite from my father’s will even if it was not drafted according to Shariah?
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...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) […]
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